RIB signs a Phase-II-contract for the delivery of the iTWOcx solution

May 28, 2018 - Corporate News

Stuttgart, Germany, 28 May 2018. RIB, the world’s leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of the seventh Phase-II-contract of the current fiscal year purchased through RIB Software Australia. The agreement is for three years, with the opportunity to extend for another three years upon conclusion of the initial phase. The customer, a government organisation based in Australia, awarded the contract to RIB based on iTWOcx’s comprehensive range of modules, scalability with various budgets and the system’s adaptability to multiple different project requirements.

This deal builds upon a long relationship, where the client will now directly engage with RIB to continue the use of iTWOcx as the project management platform to deliver both major and minor programs of works over the next 3 years.

Murray Freeman, CEO of RIB Software Australia, commented: “We are very pleased to welcome these new clients into the RIB family. This signing is another example of how the responsive, knowledgeable customer service and innovative products of the RIB team are creating solutions that vastly improve our customers’ businesses in the construction software market. This customer and our other customers in Australia/New Zealand will benefit more in future from the strength of the now combined RIB and Exactal team running together in the region and we look forward to continued growth for our operations in the months to come.”

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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