RIB Software AG (RSTA) signs a phase II iTWO contract (no. 21 / 2015) with the leading Luxembourg construction company CDCL


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

2015-11-17 / 15:05


RIB Software AG (RSTA) signs a phase II iTWO contract (no. 21 / 2015) with the leading Luxembourg construction company CDCL

Stuttgart, Germany, 17 November, 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 contract with CDCL, a leading Luxembourg construction company. RIB has now signed the 21st phase II contract out of a planned 25 in the current financial year 2015 (2014: 14 phase II contracts).

CDCL is a leading construction company in the greater region of Luxembourg and beyond with branches in France. The company specialises in residential buildings, industrial construction and industrial engineering as well as infrastructural measures in road construction. It complements this range of services with real estate promotion and services. CDCL regards itself as a leader in innovation and quality, which is also confirmed by the VALIDEO certification for sustainable development in respect of the new energy-efficient headquarters of the company. Furthermore, CDCL won the quality award "On the way to Excellence" in the "Large Companies" category in the Quality Awards ceremony in November 2013, which is awarded annually by MLQE (Luxembourg Movement for Quality and Excellence).

With the decision to use the iTWO end-to-end business solution, CDCL consistently relies on seamless and forward-looking processes. Initially, the most important priority will be the introduction of model-based construction planning and accounting processes with iTWO 5D. The goal is to further increase value added within the company and raise the quality of CDCL's cooperation with customers to a new level with virtual planning and project management processes. Further key areas of implementation will be the introduction of iTWO finance and optimisation of the procurement and logistics processes based on 5D models. In the areas of customer and subcontractor management, the new business solution will also assist employees in their daily work with modern electronic and internet-based processes.

Dr Hans-Peter Sanio, member of the Executive Board of the RIB Group, commented: "We're delighted to be able to continue our long-standing collaboration with CDCL and to enter into a further strategic partnership. CDCL is once again a good example of modern iTWO 5D technology now also increasingly being used by innovative medium-sized companies in Germany and abroad."

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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