RIB Software AG (RSTA) signs a Phase II iTWO contract (No. 25 / 2015) with PORR Group

December 29, 2015 - Corporate News
Stuttgart, Germany, 29 December 2015. RIB Software AG, the world’s leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of the Phase II Deal and therefore the 25th Big Deal in the current financial year 2015 (2014: 14 Phase II deals). The Contract was signed with PORR Group, one of the largest Austrian and one of the leading European construction companies. PORR will introduce the iTWO 5D enterprise solution in its Austrian and international subsidiaries to consistently integrate the virtual into the physical construction processes.

With its more than 15.000 staff members and an annual revenue of around € 3.5 billion (2014) PORR Group is thus one of the leading construction companies in Europe. The services provided cover all areas of the construction industry, from residential construction through to complex infrastructure projects. PORR realizes construction projects of any size and type both within Europe and the wider world.

Michael Sauer, member of the executive board of RIB Group comments: “We’re delighted to be able to continue our long-standing collaboration with PORR after the successful implementation of iTWO 5D Technology in Germany, now as well in Austria and the international Subsidiaries . Thus another leading Construction Company has decided for our future Technology.

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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