RIB Software AG (RSTA) signs a Phase II deal (no. 17/2015) with a leading Scandinavian house builder

21.08.2015 - Corporate News

Copenhagen, 21st August 2015. RIB Software AG, the worlds leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of a phase II deal with a leading Scandinavian house builder.

The client is one of the largest homebuilder and housing association in Scandinavia. The company applied RIB project management solutions with great success in projects for many years. The RIB enterprise solution will now be the base of their daily work in the collaboration processes, with a target of better operations and execution, better homes and more value through the value chain.

"I am really proud to se how our Nordic team have been able to combine Software and Brainware in a solution where the entire value chain will succeed in creating more value that being the client, the contractors and sub-contractors and suppliers, and last but not least the tenants. The solution and knowledge will help build better homes, create more value and cost savings in the process and have our companies work jointly in re-defining our best competences even further," said Mads Bording, CEO of RIB A/S.

This is the third Phase II deal in the Nordic countries since we entered the market just 12 months ago. The region is showing great speed and willingness to adopt the RIB technology and takes part in the transformation of the construction industry from a traditional to an advanced and industrialised industry, said Michael Sauer, Group CFO and executive board member.

The RIB Group

RIB Software SE is an innovator in construction business. The company creates, develops, and offers iTWO new thinking, new working method and new technology - for construction projects across various industries worldwide. iTWO today is the worlds 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.