RIB signs a Phase-III-contract with precast concrete products and services provider

September 17, 2020 - Corporate News

Memphis, Tennessee, 17 September 2020. RIB Software SE, the world’s leading provider of iTWO 5D BIM Big Data technology for the construction industry, today announced the conclusion of a Phase-III-contract with Fabcon Precast.

Fabcon Precast is a leading manufacturer in structural precast concrete wall panels with four strategically placed manufacturing facilities across the U.S. and provides a variety of precast solutions for data centers, logistics, distribution, health, corporate headquarters and retail.

The company is currently growing its list of manufacturing options and, as a result, had a need to replace its legacy systems with an enterprise, cloud-based end-to-end platform. They needed a robust solution to facilitate business growth goals without compromising the Fabcon Precast mission – to create and deliver precast concrete panels that facilitate safe, high-quality and cost- and time-efficient construction. Fabcon Precast leaders selected the iTWO platform in the RIB MTWO-Cloud, a world-class vertical cloud expressly for the construction and real estate industries – a single platform designed to eliminate information silos between all stakeholders. With iTWO as a part of its virtual architecture, Fabcon Precast expects to maintain quality and control costs through its growth.

Kim Capel, Vice President of Technical Services at Fabcon: “We are thrilled to be working with RIB as a strong global partner with extensive experience in the precast industry. The iTWO platform will allow us to transform our business practices allowing us full system integration, all the way through our business, manufacturing, and field processes, providing a scalable flexible solution.”

The RIB Americas executive team is confident that iTWO will enable Fabcon Precast to establish a better-than-ever integrated technology ecosystem.

Mickey A. Carr, CEO of RIB Americas: “We are very excited about expanding our partnership with Fabcon Precast. As successful as Fabcon Precast has been for decades, the ability to plan, manage and deliver projects with RIB’s cloud-based, fully integrated, 5D iTWO platform will translate to sustainable business growth without compromising its initial vision and original mission, all during a very difficult economic time in our world.”

Stefan Maier, Managing Director of RIB SAA: “The digitization of the precast market is making big steps and Fabcon is one of the leading companies in US leading this trend with our complete Smart-Production ecosystem.”

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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