RIB Software AG (RSTA) signs a Phase I deal with one of the largest hospital operators/providers in the United States

November 13, 2014 - Corporate News

Atlanta, GA, USA, 13 November 2014. RIB Software AG, the world’s leading construction 5D Big Data enterprise project delivery standard solution provider has signed a Phase I contract with one of the nation’s largest not-for-profit health plans, serving approximately 9.5 million members and investing up to 2 Billion USD per year into its community.

The health care organization plans on leveraging the iTWO platform to take advantage of the cost management functionality to enhance the project planning and project delivery process of the IT portion of their healthcare facilities. This agreement represents the 3rd License agreement with a leading American company within the last 3 months.

“RIB is pleased to sign this significant Phase I iTWO strategic partnership in North America, which we hope we can develop to a Phase II enterprise phase in the future. This partnership is yet another example of our global strength in the EPC and Infrastructure market, and will further reinforce our role as market leader in integrated big data platform standard solutions for construction.” said Thomas Wolf, Chairman and CEO of RIB Software AG.

“We are very excited about delivering iTWO to a leading healthcare organization to support their vision of an integrated and sustainable solution to manage their portfolio of works.” said RIB U.S.COST CTO Mickey A. Carr. “This is an important client for RIB that will further our platform standard for the healthcare sector and continue the momentum we have in this segment. Healthcare owners have a real need to reduce O&M costs and improve efficiencies across their programs which is pushing them to be more innovative and collaborative in how they manage their construction processes and this is exactly what iTWO is all about.”

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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