RIB signs the second MTWO enterprise agreement equal to a sizable phase-II-contract

October 5, 2018 - Corporate News

MEMPHIS, TENNESSEE – 05. October 2018.

RIB Software SE, the leading provider of 5D BIM Big Data technology, has officially concluded a Phase II MTWO agreement with Fabcon, the national provider of more than 14 million square feet of concrete wall panels, annually, for a full spectrum of building structures across 31 states.

Fabcon is in the process of growing its list of manufacturing options and as a result had an urgent need to replace its legacy estimating system with a more flexible solution. The company needed a robust platform that would facilitate business growth goals without compromising the Fabcon value proposition: to create and deliver a complete vertical integration of services – everything from predesign consultation through wall panel installation – for overall safe, high-quality, and cost- and time-efficient construction.

Fabcon leaders selected the MTWO platform, a world-class vertical cloud expressly for the construction and real estate industries – a single platform designed to eliminate information silos between stakeholders. Using MTWO, Fabcon expects to simultaneously maintain quality and control costs through its growth.

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

“Without a doubt, this industry is made up of highly competent experts who regularly and successfully conquer unavoidable challenges that projects of magnitude will always inevitably present, but, traditional solutions simply do not equip these professionals to meet modern-day demands,” Mickey A. Carr, CEO of RIB Americas, said. “As successful as Fabcon has been for decades, the ability to plan, manage and deliver projects with RIB’s cloud-based, fully integrated, 5D platform – MTWO – will translate to sustainable business growth without compromising its initial vision and original mission.”

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.

© 2017 RIB Software SE