RIB Software AG / Key word(s): Contract 10-7-2014 RIB Software AG (RSTA) signs a Phase II upgrade Deal with Leading Construction Company in Middle East for iTWO Big Data BIM 5D Technology Dubai, UAE, 10 July 2014. Al Jaber Group (AJC) have signed a Phase II upgrade agreement to expand the use of iTWO Big Data BIM 5D Technology for their subsidiary in Qatar, Al Jaber and Partners Qatar W.L.L. This is the first part of a planned-multi phase enterprise roll-out for AJC to integrate the RIB iTWO 5D Big Data Technology as a win and delivery project platform across all their operating companies. Al Jaber Group (AJC) is a privately owned diversified group of companies specialised in areas of contracting, construction, logistics, industrial and trading. The Group's success is based on sustainable growth and diversification. The strength of the Group's performance is based on its ability to utilize the synergies between the Group companies to support and complement each other, and to manage risk through diversification, and strong management and project controlling utilizing the latest IT technologies for construction. AJC was established in 1970 and is a market leader today; the Group is the largest private sector employer in the United Arab Emirates with over 40,000 employees. Mr. Sanjay Sivanandan, President of RIB Asia Pacific & Middle East, stated that: "We are delighted to have innovative clients such as Al Jaber Group, and its subsidiary Al Jaber and Partners Qatar, as technology partners that have the vision to recognize that the use of the RIB iTWO Big Data BIM 5D platform will greatly enable them to improve their productivity, reduce costs, time and risk and also improve profitability. We are making a big step in supporting leading Middle East contractors to run their construction business in an integrated end-to-end platform and a further integration to their ERP systems. We are confident to continuously fulfil the expectations from our partners, and to strengthen our market leadership role in integrated 5D Big Data solutions for construction." Mr. Christopher Williams, Managing Director RIB Middle East, stated that: "We are proud to be associated with a company that understands the benefits of iTWO and its Big Data Technology, and has the vision to keep moving forward as this technology evolves. We consider the Al Jaber Group and Al Jaber & Partners Qatar to be valuable Strategic Partners in this journey." 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/License 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 10.07.2014 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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