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RIB Software SE signs a Phase-II-contract (No. 21 / 2017) with US based consumer goods manufacturer Procter & Gamble

DGAP-News: RIB Software SE / Key word(s): Agreement RIB Software SE signs a Phase-II-contract (No. 21 / 2017) with US based consumer goods manufacturer Procter & Gamble 20.07.2017 / 11:00 The issuer is solely responsible for the content of this announcement. 20-July-2017

RIB Software SE signs a Phase-II-contract (No. 21 / 2017) with US based consumer goods manufacturer Procter & Gamble

Memphis, Tennessee, 20 July 2017. RIB Software SE, the world's leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of a Phase-II-contract with consumer goods manufacturer Procter & Gamble (P&G), headquartered in Cincinnati, Ohio. P&G continues to focus on improving its productivity, cost structures, and supply chain management with an emphasis on innovation. To support these initiatives, P&G will be deploying the iTWO 5D technology globally to support capital cost planning and management.

P&G, founded in 1837 by William Procter and James Gamble, primarily specializes in a wide range of cleaning agents, personal care, baby care and health care products. With over 65 billion USD in sales in 2016 and a market cap over 228 billion USD, Procter and Gamble is ranked in the top 50 of Forbes Global 2000.

"We are very excited about adding a technology partner in the manufacturing sector that is based in the United States and is a major participant in the global community", says RIB Americas CTO Mickey A. Carr. "P&G has established itself as an innovative leader globally and shares our vision of leveraging the iTWO New Thinking, New Working Methods and New Technology to truly industrialize the construction industry using the principles of Industry 4.0."

About RIB Group

RIB Software SE is an innovator in construction business. The company creates, develops, and offers iTWO³ - new thinking, new working method and new technology - for construction projects across various industries worldwide. iTWO today is the world's 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 750 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.

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20.07.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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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
Indices:	TecDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

End of News	DGAP News Service

594241  20.07.2017