RIB signs a Phase-II-contract with a leading IoT Company

April 9, 2021 - Corporate News

Dubai, United Arab Emirates, 09 April 2021 – RIB Software SE, the world’s leading provider of iTWO 5D BIM Big Data technology and MTWO Cloud technology for the construction industry, today announced the conclusion of a Phase-II-contract with a leading innovator in 3D motion tracking technology and products.

From smartphones and tablets to smart clothing and wearable devices, the customer is enabling a new era called the IoT “Internet of Moving Things,” where the movement and context of everyday objects and devices can be measured, monitored and analysed, generating valuable data and insights that will transform the way consumers live and businesses operate. The sensor fusion technologies provide a seamless interaction between the physical and the digital world in consumer electronics devices and professional applications such as healthcare, sports and industrial applications.

The agreement was executed through RIB’s ERP division, Levtech Consulting jointly with RIB Cloud supporting the digital transformation initiative with the deployment of a cloud-based IT backbone. RIB Cloud has designed and migrated the client’s on-premises IT assets onto Microsoft Azure, supported by RIB Cloud’s 24/7 managed Azure services.

With significant business expansion underway, the customer was keen to develop a digital blueprint to ensure that business processes could easily extend as operations expanded. RIB embarked on a Business Process Analysis and Cloud Design exercise which outlined the digital transformation roadmap for the customer, across their global operations spanning China, Europe and US. Based on a template-driven approach, RIB will now deliver the pilot implementation covering automation of financial management, supply chain, manufacturing and service management, apart from integrations to third-party tools. This will be further followed by rapid rollouts of the cloud business platform in multiple territories and subsidiaries across China and US.

Anilesh Kumar, CEO, Levtech Consulting: “We are excited to partner with a leading technology innovator in their own digital transformation journey. The Internet-of-Moving-Things and sensor technology industry is experiencing rapid growth and it is crucial for high-growth technology companies to look inward and standardize their own processes to deliver operational efficiency through automation. In close collaboration with our sister company, RIB Cloud, we aim to deliver a future-proof cloud business platform based on Microsoft Azure and Dynamics, which will aid the technology innovator scale rapidly in coming months and years.”

Berend-Jan van Maanen, Managing Director RIB Cloud: “It’s a great to be entrusted with this important partnership and we wanted to honor that trust. As a cutting-edge technology company that has gone global using their own IP and Cloud technology, we share a common mindset with the client. Our shared culture of teamwork, getting things done and growth worked very well and yielded the right results. This is a what our mission is about: ‘Help busines achieve more with Cloud technology’.”

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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