DGAP-News: RIB Software SE (RIB) signs a Phase-II-contract (No. 12 / 2020) with SNHBM

8-June-2020

RIB Software SE (RIB) signs a Phase-II-contract (No. 12 / 2020) with SNHBM

Stuttgart, Germany, 8 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 Société Nationale des Habitations à Bon Marché (SNHBM).

Founded in 1919, the Société Nationale des Habitations à Bon Marché (SNHBM) is a public promoter from Luxembourg specialising in the design and construction of single-family homes and apartment buildings. SNHBM has more than 120 employees and is responsible, for example, for the disposition of building land and the preparation of development plans, for the design and creation of building projects, for the execution and the tendering process, for the coordination of construction sites and for the actual housing management.

Hendrik Rolvering, head of finance and administration at SNHBM: "Our goal is to use iTWO 4.0 to handle our construction processes throughout the company in a consistent and uniform manner. In addition to the management of all projects (property management, project documentation, tendering and awarding, ...), the management of interested parties and customer data is also to be simplified and optimized by the software solution. We look forward to working with the RIB and iTWO 4.0."

SNHBM also recognized the need to integrate software and platform and decided to use managed services in the RIB MTWO Cloud under Microsoft Azure.

Erik von Stebut, managing director of RIB in Germany: "With SNHBM, we have won the first customer to use iTWO 4.0 including 6D functionality (iTWO fm) in our MTWO Cloud. This contract is the beginning of a German-Luxembourg friendship. RIB supports SNHBM in the digitalisation of its business processes - SNHBM provides input for the further development of the iTWO software components through the experience gained from the ongoing project activities. This offers further opportunities for us to push ahead with the RIB MTWO Cloud in Luxembourg, France, Switzerland and Germany and to strengthen our position within the international platform race even more."

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 21^st century.