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RIB Software AG (RSTA) signs a Phase II iTWO contract (No. 24 / 2015) with Ludwig Pfeiffer company group

Back18.12.2015

DGAP-News: RIB Software AG / Key word(s): Contract

2015-12-18 / 15:47
The issuer is solely responsible for the content of this announcement.


18-12-2015

RIB Software AG (RSTA) signs a Phase II iTWO contract (No. 24 / 2015) with Ludwig Pfeiffer company group

Stuttgart, Germany, 18 December 2015. RIB Software AG, the world's leading provider of 5D BIM Big Data technology for the construction industry, today announced the award of the 24th Phase II Deal in the current financial year 2015 (2014: 14 Phase II deals). The Contract was signed with the Ludwig Pfeiffer company group, one of the few companies in the sector of piping construction with global reach. The company decided on using the iTWO enterprise solution to manage all processes of its global activities with the RIB technology.

Founded in 1933, the construction company acts worldwide and employs around 600 members of staff throughout Europe and beyond. The Ludwig Pfeiffer company group has specialized in pipeline and sewer construction in all nominal diameters, pressure stages and materials with a major focus on using latest technology. With the consistent iTWO solution Pfeiffer-Group decides on a product, which is already being used very successfully by many customers. "We expect substantial extra value through iTWO in our day to day work, especially by well-structured central data and consistent data flows which lead to a higher quality of data for our corporate controlling."

Erik von Stebut, Managing Director of RIB Deutschland GmbH comments: "We are really happy to welcome another innovative construction company to the iTWO community. With iTWO we can meet the high expectations of Ludwig Pfeiffer company group placed upon modern technology. Various software systems will be replaced end-to-end by iTWO to optimize technical as well as specific business processes based on an integrated enterprise software."

About RIB Group
RIB Software AG is an innovator in construction business. The company creates, develops, and offers iTWO³ - new thinking, new working method and new technology - for construction projects across various industries worldwide. iTWO today is the world's first Cloud / License based Big Data 5D BIM enterprise solution for construction companies, industrial companies, developers and investors. Since its inception in 1961, RIB Software AG has been the pioneer in construction innovation, exploring and bringing in new thinking, new working method and new technology 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 30 offices worldwide, RIB is serving 100,000 clients including construction contractors, sub-contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector and more.



2015-12-18 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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