DGAP-News: RIB Software SE signs a Phase-II-contract (No. 27 / 2019)

09-December-2019

RIB Software SE signs a Phase-II-contract (No. 27 / 2019)

Stuttgart, Germany, 09 December 2019. RIB Software SE, the world's leading provider of iTWO 4.0 Cloud Enterprise Platform Technology, today announced the conclusion of a Phase-II-contract. The customer is a medium-sized construction company with headquarters in Germany and projects that are managed throughout Europe.

Erik von Stebut, Managing Director/Authorized signatory of RIB in Germany: "The transformation process in the construction industry is well under way and the demand for innovative IT solutions remains accordingly high. With the iTWO platform, yet another medium-sized German company has opted for a future-oriented solution that follows the trend towards the consistent integration of virtual and physical construction processes and thus optimally supports the company's digitization strategy."

About RIB Group

RIB Software SE is an innovator in building and construction industry. The company creates, 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 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 1,500 talents in more than 30 locations worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21st century.