Memphis, Tennessee, 20 July 2017. RIB Software SE, the world’s leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of a Phase-II-contract with consumer goods manufacturer Procter & Gamble (P&G), headquartered in Cincinnati, Ohio. P&G continues to focus on improving its productivity, cost structures, and supply chain management with an emphasis on innovation. To support these initiatives, P&G will be deploying the iTWO 5D technology globally to support capital cost planning and management.
P&G, founded in 1837 by William Procter and James Gamble, primarily specializes in a wide range of cleaning agents, personal care, baby care and health care products. With over 65 billion USD in sales in 2016 and a market cap over 228 billion USD, Procter and Gamble is ranked in the top 50 of Forbes Global 2000.
“We are very excited about adding a technology partner in the manufacturing sector that is based in the United States and is a major participant in the global community”, says RIB Americas CTO Mickey A. Carr. “P&G has established itself as an innovative leader globally and shares our vision of leveraging the iTWO New Thinking, New Working Methods and New Technology to truly industrialize the construction industry using the principles of Industry 4.0.”
RIB Software SE is an innovator in construction business. Since its inception in 1961, RIB Software SE has been the pioneer in construction innovation, exploring and bringing in iTWO³ – new thinking, new work and new technology – to enhance construction productivity, and to transform the global construction industry into the most advanced and digitalized industry in the 21st century. RIB iTWO today is the world’s first Cloud / License based Big Data 5D BIM enterprise solution for construction, real-estate and industrial business.
RIB is headquartered in Stuttgart, Germany, and listed in Prime Standard Frankfurt Stock Exchange since 2011. With about over 1,000 talents in over 30 offices worldwide, RIB is serving 100,000 users including construction contractors, sub-contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector and more.