RIB Software AG (RSTA) signs a Phase II iTWO deal with Valbek
Stuttgart, Germany, 24 June 2015. RIB Software AG, the world's leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of a phase II iTWO deal with Valbek, a leading Czech infrastructure planning office. The company will use iTWO civil to plan and manage model-based road construction and civil engineering projects.
Valbek was founded in Liberec in 1990 as a small planning office with seven employees. Today, with almost 400 employees in a number of branches and subsidiaries, the company is one of the leading planning offices in the Czech Republic and Slovakia. The company has been successfully collaborating with RIB Software for many years and would now like to use iTWO civil to plan infrastructure projects based on 5D models.
"We're delighted to be able to continue our long-standing collaboration with Valbek. The model-based approach to the planning and management of projects provides for significantly greater added value. iTWO civil will enable Valbek to successfully undertake model-based infrastructure work for the very first time," says Michael Sauer, CFO of RIB Software AG.
"We've been using RIB products as standard practice for many years now. This new software will let us provide our customers with designs in the form of authentic 3D or 5D models. Current trends indicate that this approach will very soon become standard practice. We want to be there and to expand our technological lead over our competitors. iTWO civil will help us bring to fruition our ideas, designs and processes on the basis of virtual models. We've made the right decision." adds Roman Lenner, COB of VALBEK-EU, a.s.
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.