RIB signs first Phase II iTWO 5D Deal with a Leading China Mainland Contractor
Guangzhou, China, 31 March, 2013. Guangdong Haohe Construction Co., Ltd. has decided to extend their current use of their iTWO Phase I pilot to an iTWO Phase II with RIB Software AG and roll out the iTWO 5D end-to-end technology across their entire enterprise over the next 36 months.
Haohe is among the most successful, well known family owned and private building and EPC contractors in China, whose main clients are major American Multinationals such 3M, Amway, P&G, Coca-Cola, and renowned property China developers such as Vanke. Haohe has around 1,000 employees not including site workers. Haohe has shown a very clear vision of future construction in China and intends to build up a benchmark in China with iTWO 5D as their core of integrated enterprise platform to support their company's dynamic expansion within China.
"RIB is happy to have Haohe as one of our top Asian strategic partners. We are making a big step in supporting leading China contractors to run their construction business in an integrated 5D end-to-end platform and further integrated to their ERP systems. We are confident to continuously fulfil the expectations from our partners, and to strengthen our market leader role in integrated 5D BIM solutions for construction." said Thomas Wolf, Chairman and CEO of RIB Software AG.
Sanjay Sivanandan, President of RIB Asia Pacific & Middle East - "We are excited about the strategic cooperation with Haohe and the opportunity it presents to strengthen and sustain the profitable growth for our client, with our world leading iTWO 5D end-to-end technology to be one of the top technology engineering and construction companies in China and the Asia region. Our unique combined strengths and core competencies will have a significant impact for the China Construction market in redefining the way Engineering and Construction will be performed in the future".
About RIB Group
RIB Software AG is an innovator in construction industry. The company designs, develops, and offers iTWO technology for the construction industry worldwide. iTWO is the world's first Licence/Cloud-based Big Data BIM 5D enterprise solution for construction industry. Since its inception in 1961, RIB Software AG has been the pioneer in construction innovation, exploring and bringing in new technology, new thinking and new working method 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 about 650 talents located in over 30 offices worldwide, RIB is serving 100,000 clients including construction contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector, etc.