DGAP-News: RIB Software SE signs an MTWO enterprise agreement equal to a Phase-II-contract (No. 03 / 2019) with Nordic Construction Group for implementing up to 3,000 Users

19-March-2019

RIB Software SE signs an MTWO enterprise agreement equal to a Phase-II-contract (No. 03 / 2019) with Nordic Construction Group for implementing up to 3,000 Users

Copenhagen, Denmark, 19 March 2019. RIB Software SE, the world's leading provider of iTWO 4.0 Cloud Enterprise Technology, today announced the conclusion of an MTWO Phase-II-contract with a leading Nordic construction company for implementing up to 3,000 users over the next 3-5 years on RIB's cloud based MTWO platform.

With sales of more than EUR 5 billion, the customer is one of the leading construction, development and infrastructure companies in the Nordic region.

"We are very pleased to announce a sizable MTWO enterprise agreement emphasizing our strategy on AI, Cloud and Mobile first MTWO platform. With the MTWO platform, we offer an integrated eco-system of cloud based applications and as such low cost to maintain with an elastic pool of ressources. We are convinced that the customer can benefit considerably from the MTWO technology when it comes to further increasing productivity and eliminating information silos between stakeholders", comments Mads Bording, COO of RIB Software SE.

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 brining 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 1,200 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.