RIB Software AG (RIB) signs a Phase II contract (No. 25 / 2016) with the German subsidiary of the French Eiffage Group
Stuttgart, Germany, 20 September 2016. After the 12 Phase II licence deal-Joint Venture with an international contract manufacturer, RIB Software AG has concluded a Phase II agreement with Eiffage Infra-Bau GmbH for the implementation of the iTWO technology in the area of infrastructure management for the whole enterprise group. The Eiffage Infra-Bau GmbH generates an overall performance of EUR 526 million with more than 2,000 employees per year. Eiffage Infra-Bau GmbH and RIB are going to introduce the high standard of 5D end-to-end iTWO technology in the planning and implementation of construction and infrastructure projects throughout the whole company.
Michael Sauer, CFO of RIB Software AG explains: "We're looking forward to a further partnership founded on trust with one of the most important providers in the European construction/infrastructure market. Just as we have already very successfully implemented with other major clients, together we want to create the preconditions for realising high added-value potential through the highly efficient management of construction processes, especially in the area of civil engineering and road construction with the help of the iTWO platform technology for the infrastructure management."
About Eiffage Group
The French Eiffage Group generated a turnover of EUR 13.9 billion in 2015 with 64,093 employees. The 2,000 employees of the Eiffage Infra-Bau GmbH achieved total revenues of more than EUR 500 million in 2015. Eiffage Infra-Bau GmbH heads the business division Eiffage Rail as well as the subsidiaries Eiffage Infra-Bau OWL, Faber Bau, Heinrich Walter Bau, MDM Infra-Lärmschutz and Wittfeld with projects in its German core market, but also abroad in Europe and Asia. As a provider of planning and construction services, as well as a producer of building materials, the company group has been established for many years in the construction of transport routes as well as structural and civil engineering. Further information: www.eiffage.infra-bau.de
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.
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