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RIB Software SE (RIB) signs a Phase-II-contract (No. 22 / 2020)

Back21.08.2020

DGAP-News: RIB Software SE / Key word(s): Contract/Agreement
21.08.2020 / 10:39
The issuer is solely responsible for the content of this announcement.

21-August-2020

RIB Software SE (RIB) signs a Phase-II-contract (No. 22 / 2020)

Stuttgart, Germany, 21 August 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.

The new customer of RIB is a large, nationwide operating group of companies in Germany. It is active in the construction and industrial sector and sees itself with its more than 700 employees as a service group. The satisfaction of its customers, partners and employees is its top priority. The primary goal is to create better living spaces in the long term with passion and commitment.

"After an intensive search for software tailored to our needs and the use of other products, we decided to carry out our projects together with the colleagues in Stuttgart. In addition to the innovative iTWO technology, we were convinced by the openness of the platform in handling large customer projects in the areas of planning, construction and operation. We are looking forward to a successful cooperation as well as to an even more efficient calculation and implementation of our projects company-wide", says the company's project manager.

Erik von Stebut, managing director of RIB in Germany: "Even the first meetings between the company and RIB were very positively. The impression was on both sides that projects were being carried out with the same professionalism and quality. We are convinced that these values will also shape the further course of the project. We have gained a new customer who wants to optimise various company areas with the iTWO platform. Both requirements and processes in shell- and building construction, in civil engineering and in underground mining are implemented and mapped in the project. This demonstrates again how versatile and flexible the iTWO platform can be used and clearly shows that we provide an integrated overall solution for each construction sector".

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.



21.08.2020 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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