RIB Software AG (RIB) signs a Phase-II-contract (No. 13 / 2017) with the MATTHÄI Group

06.03.2017 - Corporate News

Stuttgart, Germany, 06 March 2017. RIB Software AG, the world’s leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of a Phase-II-contract with the MATTHÄI Group. The throughout Europe operating company, headquartered in Verden, which has a special focus on quality, sustainability and regional anchoring and can look back on 80 years of experience in the construction industry, has decided to implement the iTWO technology. After the delivery of the remaining software licenses of iTWO 4.0 to YTWO Ltd. In Q1 2017 (equivalent to 12 Phase-II-contracts), the today announced contract closing indicates the 13th Phase-II-contract for the current calendar year.

Michael Sauer, CFO of RIB explains: "We are very pleased that another construction company in Germany has chosen iTWO-technology. Our goal is to accompany the MATTHÄI Group on its way to becoming one of the most advanced companies in the German construction industry. With the use of iTWO, MATTHÄI will be able to improve productivity, reduce costs and increase profitability. Through the consistent integration of virtual and physical building processes, MATTHÄI has chosen a way to prepare the company optimally for the digital challenges of construction companies in the 21st century.”

About MATTHÄI Group
MATTHÄI was founded in 1933 and is represented throughout Europe. Today more than 35 companies with more than 1900 employees are part of the group. MATTHÄI is headquartered in Verden/Aller and is headed by the two managing directors Bernd Afflerbach and Andreas Höttler. The performance of the group results from the connection of its construction companies, its own building material and asphalt production, its fleet and machinery as well as the use of innovative processes. For every task, well-coordinated and experienced teams are in operation. The MATTHÄI Group attaches great importance to continuous development and increasing performance. The MATTHÄI Group covers all disciplines of the construction industry. Special mention should be made to the fields of road and civil engineering, power station construction, railway and hydraulic engineering, airport and port infrastructure projects, structural and civil engineering, PPP-projects, environmental technology and floating homes. For further information, please visit www.matthaei.de.

The 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 almost 900 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.