Copenhagen, Denmark, 19 March 2019. RIB Software SE, the world’s leading provider of iTWO 4.0 Cloud Enterprise Technology, today announced the conclusion of an MTWO Phase-II-contract with a leading Nordic construction company for implementing up to 3,000 users over the next 3-5 years on RIB’s cloud based MTWO platform.
With sales of more than EUR 5 billion, the customer is one of the leading construction, development and infrastructure companies in the Nordic region.
“We are very pleased to announce a sizable MTWO enterprise agreement emphasizing our strategy on AI, Cloud and Mobile first MTWO platform. With the MTWO platform, we offer an integrated eco-system of cloud based applications and as such low cost to maintain with an elastic pool of resources. We are convinced that the customer can benefit considerably from the MTWO technology when it comes to further increasing productivity and eliminating information silos between stakeholders”, comments Mads Bording, COO of RIB Software SE.
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.