DGAP-News: RIB Software SE (RIB) signs a Phase-II-contract (No. 14 / 2018) with Wilhelm Geiger GmbH & Co. KG
DGAP-News: RIB Software SE / Key word(s): Agreement
RIB Software SE (RIB) signs a Phase-II-contract (No. 14 / 2018) with Wilhelm Geiger GmbH & Co. KG
21.08.2018 / 14:05
The issuer is solely responsible for the content of this announcement.
21-August-2018
RIB Software SE (RIB) signs a Phase-II-contract (No. 14 / 2018) with Wilhelm Geiger GmbH & Co. KG
Stuttgart, Germany, 21August 2018. 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-II-contract with the Geiger Group.
The company, headquartered in Oberstdorf, was founded in 1923 by Wilhelm Geiger and has 2,500 employees at 50 locations in Germany and other European countries. The Geiger Group constructs, renovates, disposes and supplies to customers in the infrastructure, real estate and environmental engineering sectors. The company is managed by the fourth generation and generates sales of around 500 million euros.
Bernhard Waldmann, Managing Director of Geiger Turnkey Construction: "Based on the innovative technology as well as the end-to-end 5D approach of iTWO, we have chosen the enterprise solution from RIB. We look forward to working with the RIB team and with a solution that enables us to efficiently digitize our planning and execution processes. We are convinced that with iTWO technology, we can further increase the added value in the execution of our projects."
"With Geiger, another innovative German medium-sized company from Bavaria has opted for iTWO. With the implementation of this modern and future-proof technology, Geiger follows the trend towards the consistent integration of virtual and physical building processes in order to meet the extensive requirements of digitization", says Michael Sauer, Executive Board Member of RIB Group.
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 more than 900 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.
21.08.2018 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.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
RIB Software SE
Vaihinger Str. 151
70567 Stuttgart
Germany
Phone:
+49 (0)711-7873-0
Fax:
+49 (0)711-7873-311
E-mail:
info@rib-software.com
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
715985 21.08.2018