RIB Software AG (RSTA) will enter the TecDAX on 22 September 2014
Stuttgart, Germany, 8 September 2014. The German stock exchange has informed the board of RIB in writing that RIB Software AG Stuttgart (ISIN DE000A0Z2XN6) will be included in
and listed on TecDAX on 22. September. RIB AG is the world market leader in 5D BIG DATA end-to-end business solutions for construction companies, developers, owners and investors.
CEO Thomas Wolf says of the inclusion in TecDAX: "Following the successful IPO in 2011 (9.25 euro share price) this is further confirmation of our global strategy to take construction, together with our technology partners, to a new digital level. Through the integration of the virtual into the physical building process our iTWO technology has revolutionised the construction industry in the 21st century. Our staff, customers and shareholders all believe in this.
Michael Sauer CFO says of the new development: "Since the IPO in 2011, we have increased the number of large iTWO orders worldwide every year by 80% and this is also our goal (Key Metric) in the future. In 2014, we are planning 14 "large deals" of which we have so far completed 10. In 2015, we plan to complete 25 large iTWO orders. With this strategy, by 2020 we want to catch up with the leading global standard software providers."
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 License / 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 700 talents located in over 36 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.