RIB signs a Phase-II-contract

April 21, 2021 - Corporate News

Freiburg, Germany, 21 April 2021. RIB Software SE, the world’s leading provider of iTWO 5D BIM Big Data technology for the construction and engineering industry, today announced the conclusion of a further Phase-II-contract.

After carrying out a preliminary project, the new customer decided on RIB as its future technology and implementation partner. RIB’s industry solution will consolidate the company’s existing system landscape and is intended to improve the entire core processes in the project business. In addition to covering the planning and execution processes seamlessly, digital collaboration with all project stakeholders via a holistic and fully integrated end-to-end solution was also crucial.

Konstantin Petratos, CEO of RIB Cosinus GmbH in Germany: “With this contract conclusion, we were able to convince another leading international company to implement our fully integrated enterprise software. With this strategic decision, the customer will achieve the immense benefits of end-to-end cost and project transparency through the digitalisation of all processes. We look forward to implementing this landmark project with the company.”

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.

© 2021 RIB Software SE