RIB Software AG (RSTA) signs a Phase I iTWO 5D Big Data Deal with Leading Construction Company Shapoorji Pallonji Qatar, W.L.L.
Dubai, UAE, 12 June 2014. RIB Software AG and Shapoorji Pallonji Qatar, W.L.L., have signed a Phase I agreement to implement the iTWO cloud/license based Big Data BIM 5D construction platform for the construction of the New College of Pharmacy at Qatar University.
Shapoorji Pallonji Qatar, W.L.L in conjunction with Qatar University plans to leverage RIB's new approach to 5D end-to-end construction process integration that optimizes the use of CAD data by integrating the virtual into the physical process at each step of the construction lifecycle. Qatar University comprises seven colleges: Arts and Sciences, Business and Economics, Education; Engineering, Law, and Pharmacy and currently boasts a population of over 15,000 students. The New College of Pharmacy is the second project in Qatar University's expansion program to take full advantage of BIM 5D by implementing iTWO technology through the construction execution lifecycle.
"We are proud of delivering iTWO to Shapoorji & Pallonji in support of their construction of this exciting project for Qatar University", said Chris Williams, Managing Director RIB Middle East. "Shapoorji & Pallonji will now have an environment where integrated 5D BIM processes will provide a unique level of transparency for each project team member and value-added benefits for the company and Qatar University as a whole."
"This signing is a further reinforcement that RIB's world leading iTWO 5D Big Data Cloud Technology is driving significant benefits globally for innovative Project owners such as Qatar University and Construction companies like Shapoorji & Pallonji in areas of risk, cost and time reductions", said Sanjay Sivanandan, RIB President for Asia Pacific and Middle East.
About Shapoorji & Pallonji
Shapoorji Pallonji is a name which has become synonymous with trust and quality in India as well as internationally. Over the years, the Shapoorji Pallonji Group has evolved and grown exponentially to become a huge conglomerate with multiple business segments. With a rich legacy, a progressive outlook and a consistently superior track record, the Group remains committed towards excellence in each domain of its operations.
The Shapoorji Pallonji Group is a dynamic enterprise which draws vital support from its various individual entities to be able to execute turnkey projects, swiftly and efficiently. Along with the flagship company Shapoorji Pallonji & Company Limited (specializing in Construction, Design & Build and EPC), the other luminaries give the SP Group its tremendous strength and capability.
Today, with over 23,000 employees and a group turnover of US $ 2.5 Billion, Shapoorji Pallonji Group has a strong presence in India and internationally including the Middle East and Africa. Their business interests cover construction (including residential, commercial, industrial and infrastructure), real estate, infrastructure (comprising coal mining, power, ports and roads), biofuels and agriculture, consumer products, electro-mechanical and MEP services, facades and interiors, engineering, textiles, business automation and shipping and logistics. Further information ca be found at: www.shapoorji.in.
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.