RIB Software AG (RIB) and Wipro Limited partners to form Global Alliance to deliver end-to-end Advanced enterprise 5D BIM Construction Management solution Energy, Utilities, Infrastructure and E&C Industry

29.05.2016

RIB Software AG (RIB) and Wipro Limited partners to form Global Alliance to deliver end-to-end Advanced enterprise 5D BIM Construction Management solution Energy, Utilities, Infrastructure and E&C Industry

Stuttgart, New York, USA, London, UK , Hong Kong -HK, and Bangalore, India - May 29, 2016: RIB Software AG, the technology leader in Integrated enterprise 5D BIM and Construction management solutions using BIG Data and Cloud Computing today announced a global alliance with Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and business process services company. Wipro will leverage RIB's iTWO software suite to provide a spectrum of services, ranging from consulting, implementation and managed services to formulate and execute strategy, monitor and improve efficiency in Energy, Utilities, and Engineering & Construction industries.

Wipro and RIB intend to establish a strategic partnership cooperation to jointly transform the global construction industry into the most advanced industry in the world by iTWO new thinking, new working and new technology and Wipro's technology expertise and portfolio of services. RIB provides the world's leading web-based 5D BIM iTWO technology and Wipro provides consulting, SI and professional services to global clients over Wipro's and RIB's network. Wipro's competencies in delivering end-to-end BIM solutions combined with RIB's market-leading innovative iTWO 5D BIM construction management solution, will widen the scope and scale of visualization solutions offered to customers.

Commenting on the partnership, Sahadev Singh, Vice President and Global Head - Engineering & Construction, Wipro Limited said, "BIM Data Visualization enables faster and better decision making for E&C businesses and that is the reason why organizations across the globe are investing in newer and more sophisticated BIM enabled construction Management solutions that incorporate visualization tools. RIB iTWO is a great platform. Wipro's BIM & VDC digital transformations offerings for engineering and construction industry, powered by RIB iTWO platform, coupled with our global services network and implementation expertise will help us to deliver increased value and higher ROI to our customers."

"With this strengthened alliance, we are focused on building and delivering solutions and services that are the foundation for the deep insight necessary to make the promise of agile business a reality."

Commenting on the partnership, Thomas Wolf, Chief Executive Officer RIB Group said, "Innovation Transformation Management is the supreme discipline and the key for a successful iTWO implementation. We have chosen Wipro as our global partner because Wipro is named as the world's most ethical company in 2016 and we believe in strategic partnerships with global visionaries combined with strong and fast acting top management. iTWO stands for the integration of the TWO worlds, the virtual into the real world. The joined iTWO Technology and Wipro IT services offer enables our society now to contribute faster to build the next generation of cities and infrastructure suitable for the digital and knowledge age needs. My target is to build together with the Wipro team a 1000 thought leader iTWO social community in the next years to support our children with the next generation of living."

About Wipro Ltd.

Wipro Ltd. (NYSE:WIT) is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology." By combining digital strategy, customer centric design, advanced analytics and product engineering approach, Wipro helps its clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, Wipro has a dedicated workforce of over 160,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com

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. Further Information at www.rib-software.com.