DGAP-News

RIB Software SE (RIB) signs a Phase-III-contract (No. 28 / 2020) with precast concrete products and services provider Fabcon Precast

DGAP-News: RIB Software SE / Key word(s): Contract/Agreement RIB Software SE (RIB) signs a Phase-III-contract (No. 28 / 2020) with precast concrete products and services provider Fabcon Precast 17.09.2020 / 11:35 The issuer is solely responsible for the content of this announcement. 17-September-2020

RIB Software SE (RIB) signs a Phase-III-contract (No. 28 / 2020) with precast concrete products and services provider Fabcon Precast

Memphis, Tennessee, 17 September 2020. RIB Software SE, the world's leading provider of iTWO 5D BIM Big Data technology for the construction industry, today announced the conclusion of a Phase-III-contract with Fabcon Precast.

Fabcon Precast is a leading manufacturer in structural precast concrete wall panels with four strategically placed manufacturing facilities across the U.S. and provides a variety of precast solutions for data centers, logistics, distribution, health, corporate headquarters and retail.

The company is currently growing its list of manufacturing options and, as a result, had a need to replace its legacy systems with an enterprise, cloud-based end-to-end platform. They needed a robust solution to facilitate business growth goals without compromising the Fabcon Precast mission - to create and deliver precast concrete panels that facilitate safe, high-quality and cost- and time-efficient construction. Fabcon Precast leaders selected the iTWO platform in the RIB MTWO-Cloud, a world-class vertical cloud expressly for the construction and real estate industries - a single platform designed to eliminate information silos between all stakeholders. With iTWO as a part of its virtual architecture, Fabcon Precast expects to maintain quality and control costs through its growth.

Kim Capel, Vice President of Technical Services at Fabcon: "We are thrilled to be working with RIB as a strong global partner with extensive experience in the precast industry. The iTWO platform will allow us to transform our business practices allowing us full system integration, all the way through our business, manufacturing, and field processes, providing a scalable flexible solution."