YTWO Formative Signs the Sixth Contract Globally with Berlin-based Belle Époque Group for the Usage of the YTWO Platform

October 24, 2018 - Corporate News
Stuttgart, Germany, October 24, 2018

YTWO Formative, the world’s first cloud-based, combined 5D BIM and supply chain management enterprise platform provider for the building and housing industries, today announced the conclusion of a contract with the Belle Époque Group. Belle Époque is the sixth customer YTWO has won globally and the second customer in Europe after CG Gruppe.

Since 1989, the Belle Époque Group has been firmly established on the market as a real estate and project development company, including with its own portfolio. In the first few years, the focus was on the renovation of listed old buildings. Today’s focus is on new construction projects, often with project-related development plans, for residential and commercial buildings. Modern and intelligent floor plans – specially developed and designed for their future users as well as a high-quality and aesthetic design are an integral part of the project planning, as is the sustainability of projects. Above all, analyzing the needs of future residents and users has been Belle Époque’s focus.

The cooperation with YTWO Formative enables the Belle Époque Group to link and manage all stakeholders and projects in a “Single Source of Truth”. The goal of Belle Époque is to achieve future savings and increases in value of up to 30% in both the construction process and project management through the use of YTWO technology.

Torsten Nehls, Managing Director of Belle Époque, comments: “We are absolutely convinced that by using the modern YTWO technology we can efficiently digitize our affordable projects and streamline our processes significantly. With YTWO, we have chosen a solution that fully meets our requirements for integrated project management in a unified system. With the YTWO technology, we see ourselves excellently positioned to meet even better the highest demands of our customers with regard to effective project management in the future.”

Rebecca Wang, the Chief Corporate Business Development Officer of YTWO Formative, comments: “This is a remarkable partnership for YTWO Formative. We are thrilled to work with Belle Époque in constructing high quality, sustainable, and affordable buildings that will benefit their community and environment. The global building and housing industries are at a turning point. The digitalization and industrialization movement is the answer which lies right before the industry. We hope that more visionaries will join the YTWO ecosystem and pioneer the transformation of the industries with us.”


About YTWO Formative

Established in 2016, YTWO Formative is a joint venture of RIB, the world’s leading web-based 5D BIM enterprise solution provider, and Flex, the global supply chain management solutions provider. Combining digitalization and industrialization, YTWO Formative offers a fully integrated end-to-end cloud-based 5D BIM enterprise platform to support the building and housing industries worldwide. The digitalized and industrialized working process can generate savings and benefits of up to 30%.

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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