RIB Software SE (RIB) signs an iTWO 4.0 Phase-II-contract (No. 18 / 2018) with Siemens AG
Stuttgart, Germany, 18 September 2018. RIB Software SE, the world’s leading provider of iTWO 5D BIM Big Data technology, today announced the conclusion of an iTWO 4.0 Phase-II-contract with Siemens AG. The software will be used by the Siemens Energy Management (EM) Division.
Siemens AG (Erlangen, Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. In fiscal 2017, Siemens generated revenue of € 83.0 billion. At the end of September 2017, the company had around 377,000 employees worldwide.
Erik von Stebut, Managing Director/Authorized signatory of RIB in Germany, comments on the agreement as follows: “As a result of a comprehensive evaluation process, one of the world's leading technology groups has chosen RIB's cloud-based iTWO 4.0 technology. The end-to-end and fully integrated iTWO 4.0 platform will enable Siemens EM to significantly streamline project management processes, improve collaboration between project stakeholders, and efficiently digitize the entire project execution process. We at RIB are proud to support Siemens EM with the modern and future-proof iTWO 4.0 technology as an innovative partner in the comprehensive requirements of digitization for large industrial groups.”