DGAP-News: RIB Software SE

30-October-2017

RIB Software SE (RIB) signs a Phase-II-contract (No. 29 / 2017) for the delivery of the iTWO 4.0 Smart Production technology to the GAMUDA Group

Stuttgart, Germany, 30 October 2017. RIB Software SE, the world's leading provider of 5D BIM Big Data technology, today announced the conclusion of a Phase-II-contract for the delivery of the iTWO 4.0 Smart Production technology to the GAMUDA Group.

The GAMUDA Group, one of the largest infrastructure companies in Malaysia, will use the RIB solution for a high-performance precast concrete plant to produce nearly one million square meters of precast concrete parts per year. For this purpose, RIB SAA will equip the production plant of its long-term mechanical engineering partner Vollert Anlagenbau GmbH & Co. KG with state-of-the-art iTWO 4.0 Smart Production technology.

Robert Neubauer, Managing Director of RIB SAA, comments the agreement as follows: "We are very pleased to convince the GAMUDA Group of the RIB iTWO 4.0 Smart Production platform. This innovative and future-oriented solution will help GAMUDA increase productivity, reduce costs, turnaround times and risks while increasing profitability. This Phase-II-contract is another confirmation of the performance of the RIB iTWO 4.0 Smart Production Technology, which offers a tailor-made solution in the age of digitization."

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.