DGAP-News

RIB Software AG (RSTA) has signed a Phase II iTWO Deal with the world's leading research University Georgia Institute of Technology

DGAP-News: RIB Software AG / Key word(s): Contract
RIB Software AG (RSTA) has signed a Phase II iTWO Deal with the
world's leading research University Georgia Institute of Technology

23.01.2015 / 15:39

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01-23-2015

RIB Software AG (RSTA) has signed a Phase II iTWO Deal with the world's
leading research University Georgia Institute of Technology

ATLANTA, GA, USA, 23 January 2015. RIB Group announced that the company has
entered into a phase II iTWO agreement with the world's leading research
University, Georgia Institute of Technology (Georgia Tech) in Atlanta,
Georgia, to utilize the iTWO 5D software platform and the accelerated iTWO
working methodology. Georgia Tech is the first University owner to invest
in the leading iTWO big data 5D technology for both its campus investment
and its research and teaching programs. The phase II agreement will deliver
a P88 package of iTWO licenses to the University.

Georgia Tech has also installed an iTWO 5D Lab on campus. The iTWO 5D Lab
is a well configured 5D environment for cross-stakeholder collaborative
working and virtual end to end construction for campus projects. Georgia
Tech will utilize the iTWO licenses and Lab to support the University's
teaching and big data research, as well as to enable better cost savings
and quality control on capital expenditures. The partnership will also
enhance the already powerful research capability of Georgia Tech with
respect to BIM, Big Data, and engineering.

Thomas Wolf, CEO of RIB said "RIB is very excited in the partnership with
Georgia Tech to define new standards for the construction industry's next
generation of methods that will use BIG Data to perform smart analytics.
The new methods and new technology will enable project teams to collaborate
using the iTWO platform to learn and study how to better plan, execute and
manage construction projects."

About Georgia Institute of Technology
The Georgia Institute of Technology is a public research institute located
in Atlanta, Georgia, in the United States. Also known as Georgia Tech, it
is one of the nation's leading research universities, providing a focused,
technologically based education to more than 21,500 undergraduate and
graduate students. Georgia Tech has many nationally recognized programs,
all top-ranked by peers and publications alike, and is ranked in the
nation's top 10 public universities by U.S. News and World Report. It
offers degrees through the Colleges of Architecture, Computing,
Engineering, Sciences, the Scheller College of Business, and the Ivan Allen
College of Liberal Arts. As a leading technological university, Georgia