RIB Software AG / Key word(s): Contract 30-06-2014 BAM Deutschland AG launches the RIB iTWO BIM 5D software solution (Phase II) throughout the company Stuttgart, Germany, 30 June 2014. RIB Software AG and BAM Deutschland AG have concluded a Phase II Agreement for the launch of the RIB iTWO software solution for the management of construction processes. BAM is one of the leading German construction companies. As a subsidiary of the Dutch Royal BAM Group with an annual turnover of around seven billion euros, it is one of the largest construction groups in Europe. With BAM Deutschland one of the most important providers on the German construction market is embracing the high standard of the 5D end-to-end technology of iTWO in order to support its core business processes, namely the planning and construction, as well as the thorough conversion and up-grading of large turn-key projects in line with leading-edge IT standards. "We are pleased that BAM Deutschland has also paved the way for a partnership founded on trust with RIB. Just as we have already very successfully implemented with the several other major clients, together we want to create the preconditions for realising high added-value potential through the highly efficient management of planning and construction processes on the basis of the iTWO platform technology", explained Michael Sauer, CFO of RIB Software AG. About BAM Deutschland BAM Germany AG is one of Germany's leading construction companies in turn-key construction. The core competencies of BAM Germany include the planning and construction of major projects. Together with its subsidiaries BAM Real Estate Services GmbH, BAM Sports GmbH and BAM Swiss AG, BAM Germany offers additional highly specialized services. These include the construction and operation of stadiums and multifunctional arenas and efficient facility management services. 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. End of Corporate News 30.06.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | RIB Software AG | |
Vaihinger Str. 151 | ||
70567 Stuttgart | ||
Germany | ||
Phone: | +49 (0)711-7873-0 | |
Fax: | +49 (0)711-7873-311 | |
E-mail: | [email protected] | |
Internet: | www.rib-software.com | |
ISIN: | DE000A0Z2XN6 | |
WKN: | A0Z2XN | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
End of News | DGAP News-Service |
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