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RIB Software SE (RIB) signs a Phase-II-contract (No. 16 / 2020) with ISS Communication Services GmbH

Back29.06.2020

DGAP-News: RIB Software SE / Key word(s): Agreement/Contract
29.06.2020 / 15:04
The issuer is solely responsible for the content of this announcement.

29-June-2020

RIB Software SE (RIB) signs a Phase-II-contract (No. 16 / 2020) with ISS Communication Services GmbH

Stuttgart, Germany, 29. June 2020. RIB Software SE, the world's leading provider of iTWO 5D BIM Big Data technology for the construction industry, today announced the conclusion of a Phase-II-contract with ISS Communication Services GmbH.

ISS Communication Services GmbH is a subsidiary of ISS Facility Services Holding GmbH. The Düsseldorf-based company, with approx. 6000 employees, has been serving a major German telecommunications provider as a customer since 1 July 2019. Its services include property services (including important technical services), cleaning and support services, facility management and assistance with investment projects.ISS uses the latest sensor and IoT solutions to collect information on the use of facilities and the status of technical equipment and occupancy frequency, further optimizing building efficiency and the end-user experience.

Karsten Mostersteg, director Information Communication Technologies: "The RIB has already been supporting us since last year with iTWO in order to be able to manage and implement projects even better. In the next step we decided to expand the software and to map the complete process from the offer phase to the execution phase with the iTWO 4.0 platform. In addition, the entire collaboration with our planners and suppliers is to take place via the portal functionality of the platform. By integrating all project participants, we save superfluous interfaces and thus ensure an immense reduction in workload. In addition to the innovative technology, we were convinced by the openness of the platform and the experience of the RIB in dealing with major customer projects in the areas of planning, construction and operation."

Erik von Stebut, managing director of RIB in Germany: "From an original sub-project at the ISS, a web-based overall solution developed after a short time. Our collaboration platform supports ISS in its digital transformation - starting with the purchasing process and ending with the documentation and subsequent warranty tracking of the construction measures. We prove once again with this contract that we are not only a provider of tendering and calculation software. With the iTWO 4.0 platform we provide our customers an integrated overall solution".

About RIB Group

RIB Software SE is an innovator in the building and construction industry. The company develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. iTWO 4.0, RIB's flagship cloud-based platform, provides the world's first enterprise cloud technology based on 5D BIM with AI integration for construction companies, industrial companies, developers and project owners, etc. With over 50 years of experiences in the construction industry, RIB Software SE focuses on IT and engineering and becomes the pioneer in construction innovation, exploring and bringing in new thinking, new working methods and new technologies to enhance construction productivity. RIB is headquartered in Stuttgart, Germany and Hong Kong, China, and listed on the prime standard Frankfurt Stock Exchange since 2011. With over 2,700 talents in more than 25 countries worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21st century.



29.06.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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