RIB Software AG (RSTA) signs a Phase I iTWO 5D deal with Scentre Group (Westfield) Australia and NZ

December 8, 2014 - Corporate News

Sydney, Australia, 08 December 2014. RIB Software AG, the world’s leading construction 5D Big Data enterprise project delivery solution provider, and Scentre Group, owner and operator of Westfield shopping centres in Australia and New Zealand, signed an iTWO 5D Phase I POC project deal to begin the deployment of iTWO 5D technology on a pilot project. 

Scentre Group is famous for its superior retail destinations, which integrate food, fashion, leisure and entertainment by using technology to better connect retailers with consumers. Headquartered in Sydney Australia, Scentre Group is deploying iTWO new technology and new methods to set the benchmark in advanced construction methods for the Australian construction industry. The first iTWO 5D pilot project is targeted for implementation in January 2015, in one of their prestigious Sydney shopping centre development.

Thomas Wolf, CEO of RIB Group, commented: “We are proud to partner with such a prominent Australian company, and to support Scentre Group to utilise the most advanced 5D technology platform in the world. RIB iTWO 5D software will enhance Scentre Group’s trademark productivity, project management, environmental protection, sustainability and social responsibility.”

Sanjay Sivanandan, President of Asia Pacific & Middle East of RIB Group: “As a leading innovator in their field, the Scentre Group is looking beyond 3D BIM as a design tool for visualization. They will utilize our iTWO 5D BIM technology and the iTWO 5D Lab process to collaborate with all the stakeholders on their projects, to simulate the entire construction process before the physical construction is executed. The integration of both the virtual and physical construction phase with a one source of truth database in the iTWO platform, will optimise not only the design, but also the construction process, and will result in optimized design and engineering, reduced cost, time and risk whilst increasing profit and productivity for Scentre Group.”

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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