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RIB Software AG: RIB AG (RSTA) signs iTWO Phase III Deal with Miami International Airport

Back22.05.2014

RIB Software AG / Key word(s): Contract

22.05.2014 / 11:40


22-05-2014

RIB AG (RSTA) signs iTWO Phase III Deal with Miami International Airport

RIB Group today announced they have signed a Phase III Agreement that will use iTWO 5D Big Data Technology and RIB iTWO experts to estimate Capital Improvements Program (CIP) projects for the Miami-Dade County Aviation Department (MDAD).

Atlanta, GA, USA, 22 May 2014. MDAD manages the county's aviation business at Miami International Airport (MIA) and five (5) auxiliary airports. At MIA, total passenger count is nearly 40 million, fifty percent of which are international passengers. MIA is the 2nd busiest in the U.S. for international travel and was recently ranked 10th among America's Best Airports. The Miami-Dade County Board of County Commissioners (BCC) adopted a Master Plan for MIA in 1994 that is the basis of the current Capital Improvements Program (CIP).The total value of the CIP has fluctuated over the years to reflect demand and financial capacity changes. The current amount approved by the BCC is $6.4 Billion, not including a list of projects to be implemented in the future based on demand and affordability. The CIP is one of the largest expansion and redevelopment programs that exist at an operational airport. The Strategic Master Planning Study for 2015-2050 is a phased-approach study that is expected to be completed later this year.

RIB's 5D Big Data Technology and New Thinking and New Working Methods will be utilized by the MDAD Project Controls team. The iTWO virtual to physical platform will provide MDAD the ability to establish, validate, and control reliable budgets for their CIP portfolio.

Regarding this Phase III deal to provide a technology platform to the Miami-Dade Aviation Department for their capital programs, Charles Aguirre, CEO of the RIB U.S. Region says "RIB is very excited to have been selected for this order to provide iTWO technology and expertise to the Miami International Airport. The new methods and new technology will enable all stakeholders to collaborate using the iTWO platform to better plan, execute and manage their projects that are part of the 2015-2025 Master Plan."

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 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 600 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.



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