iTWO Cloud Solution Supports the Construction of 2014 Formula 1 Singapore Grand Prix

March 21, 2014 - Corporate News
Stuttgart, Germany, 21 March 2014. Faithful + Gould, the construction project manager of the prestigious 2014 Formula 1 Singapore Grand Prix, has signed an inaugural Phase agreement to use iTWOcx Cloud to manage the establishment, operation and removal of the racing circuit and supporting facilities. With the on demand Cloud-based collaboration solution, Faithful + Gould is able to manage the exchange of information and Cloud-based collaboration amongst the stakeholders in an optimal Real Time environment.

The Singapore Grand Prix, held at the Marina Bay Street Circuit, is the only night street race in the world, and one of the highlights in the FIA Formula 1 World Championships. The 5.073 km circuit made of public roads in and around the Raffles District and Marina Bay areas of Singapore is principally a commercial district, consisting of retail, hospitality and cultural centres together with an area of parkland.

Thomas Wolf, CEO and Chairman of RIB Software AG:

“I am living now over 10 years in Asia and since January 2014 in Singapore. The Formula 1 night street race is one of the Singaporean highlights in the year of the horse, which signifies speed and success, and we are proud and honored to provide our iTWO cloud technology to support the successful project delivery of the Singaporean Formula 1 Grand Prix in time and on budget.”

Sanjay Sivanandan, President of RIB Asia Pacific & Middle East:

“iTWO Cloud-based Collaboration is a perfect fit for the Singapore Formula 1 Night Race, where cutting edge technology, speed, precision, teamwork and high performance engineering are required to win. We now see significant demand and growth for our iTWO Cloud-based collaboration solution in all our international markets, as clients demand more real time integrated collaboration, high performance engineering & construction precision with the best technology available.”

About Faithful + Gould 

Faithful + Gould, a member of Atkins group of companies, offers professional services that covers building surveying, construction programme management, contract administration, employer’s agent, health & safety, migration management, programming & planning, and project monitoring.

About RIB

RIB Software SE is an innovator in construction business. The company creates, develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. Its flagship product iTWO 4.0 is the world’s first 5D BIM enterprise cloud solution for construction companies, industrial companies, developers and project owners, etc. Since its inception in 1961, RIB Software SE has been the pioneer in construction innovation, exploring and bringing in new thinking, new working method and new technology to enhance construction productivity, and transforming the construction industry into the most advanced and digitalized industry in the 21st century. RIB is headquartered in Stuttgart, Germany, and listed in Prime Standard Frankfurt Stock Exchange since 2011. With more than 900 talents located in over 30 offices worldwide, RIB is serving 100,000 clients including construction contractors, sub-contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector and more.

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