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RIB Software AG signs a Phase II iTWO Contract (No. 8 / 2016) with one of the Largest Real-Estate Companies in the World

Back27.05.2016

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

2016-05-27 / 16:10
The issuer is solely responsible for the content of this announcement.


27-05-2016

RIB Software AG signs a Phase II iTWO Contract (No. 8 / 2016) with one of the Largest Real-Estate Companies in the World

Guangzhou, China 24 May, 2016. RIB Software AG, the world's leading provider of 5D BIM Big Data technology for the construction and real-estate business, has signed a phase II iTWO contract (No.8/2016) with a top-10 real-estate developer in China, and one of the largest real-estate companies in the world. iTWO 5D BIM big data end-to-end solution will improve the working efficiency in the whole company through an enterprise-wide integrative management and help it to outstand in the ever-competitive real-estate market in the world.

iTWO is first implemented in a large-scaled residential project in Zhuhai, China as the pilot project to test the solution for the roll-out of international projects, for example, a billion-dollar city project in Malaysia. iTWO will be used as the core IT platform to manage the lifecycle construction of green residential, comprehensive commercial area and smart transportation. It will enhance the efficient project management from the 5D BIM-based data value chain, and bring a strong collaboration in cross departments throughout the entire lifecycle, which meets exactly the needs of the company. And the highly integrated management platform and its global successful practices have made iTWO the best IT partner.

Bill Tang, China Region Director of RIB Software AG, comment:" We share the joint vision to build better living environment for the society and for the human being's evolution. And I believe our partnership would be the perfect running together to bring the best practice for the industry's transformation and innovation."

About RIB Software AG

RIB Software AG is an innovator in construction business. Since its inception in 1961, RIB Software AG has been the pioneer in construction innovation, exploring and bringing in iTWO³ - new thinking, new work and new technology - to enhance construction productivity, and transforming the construction industry into the most advanced and digitalized industry in the 21st century. iTWO today is the world's first Cloud / License based Big Data 5D BIM enterprise solution for construction companies, industrial companies, developers and investors.

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.



2016-05-27 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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