DGAP-News: RIB Software SE (RIB) signs a Phase-II-contract (No. 29 / 2020) with Fröschl AG & Co. KG

22-September-2020

RIB Software SE (RIB) signs a Phase-II-contract (No. 29 / 2020) with Fröschl AG & Co. KG

Stuttgart, Germany, 22 September 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 Fröschl AG & Co. KG.

With offices throughout Tyrol and the headquarter in Hall in Tyrol, Fröschl is one of the most well-known local construction companies. The traditional company was founded in 1937 and is already in the hands of the Fröschl family in the third generation. Around 670 employees work for the construction company in the fields of structural engineering, civil engineering and general contractor construction and achieve maximum customer satisfaction through genuine, learned and solid craftsmanship.

Gerald Gunsch, project manager of Fröschl AG & Co. KG: "One of our highest principles is to minimize negative environmental influences through best technologies and equipment. The topic of sustainability therefore also played a major role in the choice of a suitable software. With iTWO, we have chosen a future-proof innovative solution that will digitize our planning and execution processes and make them more effective. It was also important to us to improve digital cooperation - internally as well as with our partners - according to Austrian norms and standards. iTWO offers us the possibility to display all company divisions and locations in one system. This is what finally convinced us".

Erik von Stebut, managing director of RIB in Germany: "This contract represents another important milestone for RIB to further strengthen our position on the Austrian market. With Fröschl, we are accompanying the next customer in its digital, company-wide transformation and believe that with iTWO we are able to optimally fulfill the requirements and expectations of the construction company".

 

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.