RIB Software AG (RIB) signs a Phase II contract (No. 12 / 2016) to deliver iTWO 5D BIM in a USD 1.3 billion Metro Rail Government Project in India
Mumbai, India, 01 September 2016. RIB has signed a Phase 2 contract to deliver its iTWO 5D BIM technology in a USD 1.3 Billion metro rail project in India. The government body envisions a metro railway infrastructure of 38 kilometers and the project is expected to involve hundreds of contractors & suppliers using iTWO. This would be a landmark infrastructure project that would define industry benchmark for current & future metro projects being planned in India.
Thomas Wolf, CEO of RIB Group, commented: "This contract gives us a strong confirmation that the traditional practices even in public sector currently supported by fragmented tools are now being replaced by the need for a stronger & standardized process on an integrated solution. This is a thrilling direction for RIB and will set a new benchmark for other public sectors in the region to follow."
Hariprasad Bhat, Consulting Director of RIB Software AG commented: "We are excited about delivering iTWO to this government body as the core business solution that integrates with BIM & ERP. With the integration of virtual to physical construction process with New Thinking, New Technology and New Working method; iTWO 5D Technology will be a key element that will help the government body & all the stake holders to be more predictive than reactive and make more informed decision than ever before."
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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