RIB Software AG (RIB) signs a Phase II iTWO contract with a worldwide leading technology company

February 16, 2016 - Corporate News
Stuttgart, Germany, 16 February 2016. RIB Software AG, the world’s leading provider of 5D BIM Big Data technology for the construction industry, today announced the award a Phase II iTWO 5D Deal with one of the world’s leading European technology companies. The contract which has a volume of around € 1.8 million affects one business unit of the company and serves as an example of best practice for a possible company-wide implementation.

The European-based technology company acts worldwide and takes a leading role in systems for power generation and medical engineering with special attention being paid to the digitization and automation of various fields.

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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