Digitalize and Industrialize NOW - RIB Wraps Up the 4th iTWO World Conference in Guangzhou, China


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

2016-11-24 / 16:00
The issuer is solely responsible for the content of this announcement.


Digitalize and Industrialize NOW - RIB Wraps Up the 4th iTWO World Conference in Guangzhou, China

Guangzhou, China, 24 November 2016, RIB Software AG, the world's leading provider of 5D BIM Big Data technology for the construction industry, has successfully held its 4th world conference - iTWO World 2016, from Nov. 16th to Nov. 18th. The conference featured iTWO community's share and care on construction 4.0, highlighting topics on the Internet of Things, Construction Digitalization with iTWO 5D BIM, Supply Chain Management for construction, iTWO Global Education as well as Enterprise Management in Innovation Transformation. The world's first Cloud-Based 5D BIM IoT Enterprise Solution - iTWO 4.0 was unveiled and expected to drive the digital enterprise management in building industry into a new horizon.

Being the first iTWO World conference ever held in mainland China, iTWO World 2016 invited over 300 visionaries from 21 countries. Top executives from RIB, flex, McKinsey, Autodesk and in total 24 of the global leading companies have shared their successful cases and in-depth insights on iTWO 5D BIM end-to-end enterprise management and its integration with advanced 3D BIM design and supply chain management. 3 prestigious universities from Germany, America and Hong Kong presented their cooperation and achievements with RIB on developing the next-gen BIM talents.

RIB, the leading provider of 5D BIM Big Data technology for the construction industry, and flex, the Sketch-to-Scale(TM) solutions provider that designs and builds intelligent products for a connected world, have combined their expertise and formed a groundbreaking joint venture named YTWO Formative, providing an open platform, cloud-based software solution that fully integrates end-to-end project lifecycle management with the physical supply chain and delivers the "Made to Design" solution to modernize the AEC business.

The Podium Discussion sessions were stimulating, with the audiences' active participation in lively discussion about digitalization in the global building industry, modular construction, 5D-BIM approach in education etc.

The iTWO Manifesto was signed by iTWO visionaries to show their commitment to unite, inspire and empower Smart Building and Smart Future.

The first 2 days of the conference were followed by a night cruise on Pearl River, where the guests immersed themselves in the breathtaking Guangzhou city and enjoyed face-to-face communication with global visionaries.

The third day of the conference witnessed an exciting hands-on 5D lab session in iTWO 5D Lab, where the participants experienced 5D-BIM end-to-end management system as well as iTWO 4.0 and gained first-hand knowledge of how big data and disruptive technology can transform the enterprise management and bring real value for the industry.

Integrating data, people and machine, the state-of-art information technology is continuously advancing the building and construction industry. "Technology has changed over the last few decades the automotive industry, the entertainment industry, as well as people's daily life. Now the same is happening in the building and construction industry. Internet of things technologies, big data, cloud, 5D, and virtual reality technologies, etc. are entering and revolutionizing the industry. Digitalization and industrialization is an unstoppable process. Innovation transformation management is necessary to adapt the change and take advantage of the technology development. RIB would like to be the best partner and running together with the iTWO community members to achieve the transformation", said Thomas Wolf, CEO of RIB Group.

"Partnering with RIB in creating a smarter, more connected world - the best idea that we can find today", said Mr. Mike McNamara, Chief Executive Officer of Flex. "We are pushing the boundaries of construction by harnessing the power of technology to advance construction 4.0. Running together with iTWO community, we build the future for the next generation."

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.


2016-11-24 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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