DGAP-News: RIB Software SE signs a Phase-II-contract (No. 03 / 2020) with a leading supplier in the railway infrastructure sector

23-January-2020

RIB Software SE signs a Phase-II-contract (No. 03 / 2020) with a leading supplier in the railway infrastructure sector

Stuttgart, Germany, 23 January 2020. RIB Software SE, the world's leading provider of iTWO 4.0 Cloud Enterprise Platform Technology, today announced the conclusion of the 3rd Phase-II-contract for the fiscal year 2020. The customer is a large German railway infrastructure company, which has focused on the realization of the new construction and maintenance of railway systems, among others.

Michael Woitag, Executive Board Member of RIB Information Technologies AG: "We continue to expand the long-standing and very successful cooperation with our customer in terms of scope and number of Users. In the future, up to approx. 1,000 Users will work with the software and establish our common goal - an end-to-end mobile solution for track construction."

About RIB Group

RIB Software SE is an innovator in building and construction industry. The company creates, 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 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 1,500 talents in more than 30 locations worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21st century.