DGAP-News

RIB Software SE (RIB) signs a Phase-II-contract (No. 10 / 2021) with the joint venture of JOHANN BUNTE and STRABAG - Seite 2

Erik von Stebut, managing director of RIB in Germany: "This contract represents another important milestone for RIB and for the digitalization of the construction industry. We are intensifying our cooperation with two of the most important construction companies in Europe. Moreover, in addition to successful projects with the DB German Rail, the German Highway Authority and the major A3 freeway, our software is also being used in another major infrastructure project. The iTWO platform, which is hosted in the Microsoft Azure Cloud, plays out its strengths in complex environments such as large construction sites and in the context of construction joint ventures. The flexibility and integration capabilities of our software enable consistent and uniform processes from the beginning to the end of the project."

About RIB Group

RIB Software SE is an innovator in the building and construction industry. The company develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. iTWO 4.0, RIB's flagship cloud-based platform, provides the world's first enterprise cloud technology based on 5D BIM with AI integration for construction companies, industrial companies, developers and project owners, etc. With over 50 years of experiences in the construction industry, RIB Software SE focuses on IT and engineering and becomes the pioneer in construction innovation, exploring and bringing in new thinking, new working methods and new technologies to enhance construction productivity. RIB is headquartered in Stuttgart, Germany and Hong Kong, China, and listed on the prime standard Frankfurt Stock Exchange since 2011. With over 2,700 talents in more than 25 countries worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21^st century.

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05.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language:	English
Company:	RIB Software SE
	Vaihinger Str. 151
	70567 Stuttgart
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.rib-software.com
ISIN:	DE000A0Z2XN6
WKN:	A0Z2XN
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1173549