Based on the development plan, MyHome Group will integrate iTWO PPS and iTWO MES seamlessly into YTWO, realizing virtual construction before physical construction takes place. From design to delivery, this will accelerate automation in the prefabrication factories. iTWO PPS converts the design files into production data, seamlessly integrating the iTWO MES system for production.
RIB announced the conclusion of the seventh Phase-II-contract of the current fiscal year purchased through RIB Software Australia. The customer, a government organisation based in Australia, awarded the contract to RIB based on iTWOcx’s comprehensive range of modules, scalability with various budgets and the system’s adaptability to multiple different project requirements.
iTWO World 2018 is the 6th annual gathering of global iTWO visionaries from the building and real estate industries. At iTWO World we will share iTWO technology success stories and keynotes, experience hands-on demos of the latest iTWO technology innovations, and explore the development trend of the industry. You will leave with fresh inspiration, new ideas and relationships.
RIB Group successfully started the financial year 2018. Software license revenues grew by 35.4% to € 8.8 million. Group revenues rose by 20.2% to € 31.5 million. Sales in Germany grew by 14.0% to € 15.5 million. International sales increased by 27.0% to € 16.0 million. Adjusted for acquisitions, Group revenues increased by 12.2% to € 29.4 million.
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It’s well known that the construction and real estate industries have been slow to adopt new technologies. But many signs point to the fact that digitization in construction is about to catch on in a big way, according to Thomas Wolf who is both the CEO of RIB Software and the interim CEO of a new RIB joint venture with supply chain solutions provider Flex, called YTWO. In February 2018, Voices spoke with Mr. Wolf about how to overcome barriers to digitization, the role of cloud technology, and what industry leaders must do to prepare for—and embrace—change.
Technologies that fully adopt the tenets of Industry 4.0 provide us the opportunity to take our digitalized content and integrate them with industrialized processes to revolutionize the construction industry.
Senior Partner of McKinsey & Company, Dr.-Ing. Gernot Strube, spoke at iTWO World 2017 and shared his insights on the trends and opportunities in the global construction industry, the digital solutions available, as well as the roadmap and imperatives that companies need to take.
Thomas Wolf, Chief Executive Officer, RIB Software SE: If you are using this data of multiple projects so that you’re not having to make the design for the next year, you can use so much design what you have done before, including all cost and time data, then it becomes a very cost efficient and productive way.