DGAP-News: RIB Software AG

DGAP-News: RIB Software AG / Key word(s): Agreement
RIB Spain signs first iTWO 5D Phase-I-contract with the Spanish Secin Group

18.01.2017 / 15:15
The issuer is solely responsible for the content of this announcement.

18-January-2017

RIB Spain signs first iTWO 5D Phase-I-contract with the Spanish Secin Group

Madrid, Spain, 18 January 2017. RIB Software AG, the world's leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of a Phase-I-contract with the Secin Group. The Spanish Secin Group, with its strong focus on innovation and more than 40 years of experience in the construction industry, has decided to implement iTWO 5D-technology, an End-To-End, innovative solution for the digital management in construction companies.

The partnership between the Secin Group and RIB Spain is the first Phase-I-contract of the RIB Group in Spain after the iTWO-technology has been localized.

Javier Gómez-Cornejo Gilpérez, CEO of Secin Group, comments: "iTWO fits with our innovative vision and also allows us to bring together all of the company's processes into one system. We will now be able to optimize resources, be more cost-effective, reduce contingencies and handle orders more efficiently."

"Secin group is the first Spanish company to use iTWO, which will provide the company an important competitive advantage, within an industry that is on the way to becoming one of the most advanced industries in the world", says Fernando Valderrama, CEO of RIB Spain.

About Secin Group

At Secin group we are dedicated to the engineering of projects and systems, as well as to the construction in Civil Works and Building fields. Forty years of experience guarantee us as a reference company in an industry in constant change and innovation. Project, build and develop are the raison d'être of Secin group, a company committed to people, environment, sustainability and research. Above all, responsible with its clients, Secin group offers turnkey solutions and ensures price, time and quality in every project. For more information, visit www.secingroup.com.

About RIB Group

RIB Software AG 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 AG 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 700 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.

18.01.2017 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.de