RIB Software SE and SWARCO, the market leader in transportation technology, sign a Phase-II-contract (No. 16 / 2017)

05.05.2017 - Corporate News

Stuttgart, Germany, 05 May 2017. RIB Software SE, the worlds leading provider of 5D BIM Big Data technology, today announced the conclusion of a Phase-II-contract with SWARCO, one of the leading providers of traffic management systems.

The company has decided to implement the iTWO 5D-technology in order to be able to digitally plan and control construction projects in the future using an innovative and efficient end-to-end solution. SWARCO therefore follows the global trend towards integrated and model-based way of working.

"After an intense evaluation process of different software solutions, we have chosen RIB because of the modern and innovative possibilities offered by the iTWO 5D-technology," comments Martin Krummenerl, head of the Business Unit "Interurban" of SWARCO TRAFFIC SYSTEMS GmbH in Trier, the conclusion. "We believe iTWO has tremendous potential to further optimize our processes in the planning and execution of our projects."

In the opinion of Michael Sauer, Executive Board Member of RIB Software SE, this contract conclusion is once again a very good example of the fact that the modern iTWO 5D-technology is increasingly used by innovative companies. We are convinced that SWARCO can benefit significantly from the new, model-based way of working by improving the quality and efficiency of the projects. Competencies in the area of virtual planning and construction are indispensable to compete in the 21st century."

SWARCO TRAFFIC SYSTEMS GmbH (STS), based in Unterensingen, Germany, with its Germany-wide service network is a system integrator for urban and interurban traffic management, parking guidance systems, electric mobility and detection. STS is the largest company of the Austrian transport technology group SWARCO, which offers products, systems, services and complete solutions for road marking, intra and extra-urban traffic management, parking, public transportation, LED-street lighting, electro mobility and vehicle-to-infrastructure communications as a One-Stop-Shop for traffic safety and intelligent traffic control. More than 3500 employees generate more than 600 million in revenues in 70 countries.

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 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.