RIB signs a Phase-II-contract with one of Europe’s largest telecommunications companies

July 4, 2019 - Corporate News

Stuttgart, Germany, 04 July 2019. RIB Software SE, the world’s leading provider of iTWO 4.0 Cloud Enterprise Platform Technology, today announced the conclusion of a Phase-II-contract.

The RIB customer is a globally operating telecommunications group with well over 100 million customers, which operates one of the largest telecommunications networks with corresponding renovation and expansion contracts and is therefore also one of the largest construction purchasers in Europe.

Erik von Stebut, Managing director/authorized signatory of RIB in Germany: “The iTWO platform with a high level of integration into the existing SAP system ensures that our customer’s digitized processes are consistently reliable. The web-based solution also connects the external service providers in such a way that the processes can be handled quickly and securely without manual processing and media discontinuities on both sides – client and contractor – more than 300,000 processes per year speak for themselves.”

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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