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RIB Software SE signs a Phase-II-contract (No. 17 / 2017) with one of the largest European telecommunication companies

30.05.2017 - Corporate News

Stuttgart, Germany, 30 May 2017. RIB Software SE, the worlds leading provider of iTWO 5D BIM Big Data technology, today announced the conclusion of a Phase-II-deal with with one of the largest European telecommunication companies.

The digitalization and connection of private households and companies is a central task and forms the basis for successful solutions in the area of industry 4.0. The RIB customer already operates one of the largest telecommunications networks in the world, with corresponding renovation and expansion contracts, is the leading service provider in telecommunications and information technology and thus one of the largest construction contractors in Europe. The efficiency and timely implementation of these building tasks are of great importance to the company.

Erik von Stebut, Managing Director of RIB Deutschland GmbH, comments: "iTWO ensures that monthly, many thousand building contracts can be assigned and settled promptly. iTWO is also connected to the commercial system and can ensure continuous, digital processes without media breaks."



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 700 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.