RIB Software SE signs a Phase-II-contract with Riedel Bau AG
RIB Software SE (RIB) signs a Phase-II-contract (No. 03 / 2018) with Riedel Bau AG
Stuttgart, Germany, 13 March 2018. 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 Riedel Bau AG.
The company, headquartered in Schweinfurt (Germany), was founded in 1899 and has more than 400 employees at several locations in Germany. For more than 110 years, Riedel Bau has been involved in the planning, construction and execution of technically demanding properties in all areas of civil and structural engineering, as well as in the fields of renovation, turnkey commercial construction / home construction and project development.
"With Riedel, another innovative German medium-sized enterprise has opted for the iTWO technology. We are convinced that through the consistent integration of virtual and physical construction processes, Riedel can further strengthen its competitiveness in order to continue to operate successfully in a competitive market environment that is rapidly changing due to the digitalization of the industry", says Michael Sauer, Executive Board Member of RIB Group.
About RIB Group
RIB Software SE is an innovator in construction business. The company creates, develops, and offers iTWO³ - new thinking, new working method and new technology - for construction projects across various industries worldwide. iTWO today is the world's first Cloud / License based Big Data 5D BIM enterprise solution for construction companies, industrial companies, developers and investors. Since its inception in 1961, RIB Software SE has been the pioneer in construction innovation, exploring and bringing in new thinking, new working method and new technology to enhance construction productivity, and transforming the construction industry into the most advanced and digitalized industry in the 21st century. RIB is headquartered in Stuttgart, Germany, and listed in Prime Standard Frankfurt Stock Exchange since 2011. With about 800 talents located in over 30 offices worldwide, RIB is serving 100,000 clients including construction contractors, sub-contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector and more.
13.03.2018 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.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: RIB Software SE Vaihinger Str. 151 70567 Stuttgart
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