DGAP-News: RIB Software SE (RIB) signs a Phase-II-contract (No. 33 / 2020) with STRABAG BRVZ GmbH & Co. KG

16-November-2020

RIB Software SE (RIB) signs a Phase-II-contract (No. 33 / 2020) with STRABAG BRVZ GmbH & Co. KG

Stuttgart, Germany, 16 November 2020. 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 STRABAG BRVZ GmbH & Co. KG.

STRABAG SE is a European technology group for construction services, leading in innovation and capital strength. The range of services covers all areas of the construction industry and the entire construction value chain. More than 75,000 employees generate an annual output of around 16 billion euros. A network of numerous subsidiaries in many European countries and on other continents extends the scope of its operations. The service company STRABAG BRVZ GmbH & Co. KG takes care of all commercial and information technology tasks of the entire STRABAG Group. With more than 1,500 employees, the subsidiary ensures efficient handling of all commercial and administrative tasks for the whole group. In addition to accounting and all tax and financial issues, this includes also, for example, real estate management and personnel development.

Thomas Hanschitz, Head of IT Purchasing at STRABAG BRVZ: "STRABAG brings people, building materials and equipment to the right place at the right time, thus realising complex construction projects on schedule and in the right quality. This can only be consistently realised at our side with committed employees, strong partners and state-of-the-art technical equipment at our side. STRABAG has successfully relied on the innovative iTWO technology of the RIB for several years in the planning and calculation of its projects and has decided to expand the already existing licence volume. So, from now our colleagues from Switzerland will also be working with iTWO. We are convinced that with this step, we will continue to drive forward digitisation within the entire STRABAG Group".

Erik von Stebut, Managing Director of RIB DACH region: "Of course we are pleased if an existing RIB customer decides to roll out our software in other group countries. We are proud that STRABAG can now work with the iTWO Switzerland version due to the successful CRB certification for Switzerland. This CRB certification represents the next milestone in offering iTWO to other customers in Switzerland.

About RIB Group

RIB Software SE is an innovator in the building and construction industry. The company 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 the 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 2,700 talents in more than 25 countries worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21^st century.