RIB signs an iTWO 4.0 Phase-II-contract with Arcona Concept AB

November 29, 2019 - Corporate News

Stockholm, Sweden, 29 November 2019. RIB Software SE, the world’s leading provider of iTWO 4.0 Cloud Enterprise Platform Technology, today announced the conclusion of an iTWO 4.0 Phase-II-contract with Arcona Concept.

Arcona Concept is a daughter of Arcona AB, one of Scandinavia’s leading general contractors and a thought leader in AEC around strategic partnerships, VDC and Lean Construction across different disciplines and types of projects. The daughter Arcona Concept has a high focus on data management and using this for process optimization and propelling productivity forward using technology as a key enabler.

Mads Bording, COO of RIB Group, comments on the agreement as follows: “We are very satisfied with this partnership where we share the same vision for our industry on how technology can support a re-platforming, using data to increase productivity, transparency and competitiveness. Furthermore, we believe that this re-platforming also supports our quest to reduce the harmful nature of our industry and deliver more sustainable projects. Thus, the end-to-end and fully integrated iTWO 4.0 platform enables Arcona Concept AB to digitize the entire project management process in a future-proof and efficient manner. We at RIB will continue to support the company as an innovative and reliable partner in the future.”

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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