RIB Software : signed a Phase II agreement (No. 22 / 2019)

Stuttgart, Germany, 2nd October 2019. RIB, the world's leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of the Phase-II-contract of the current fiscal year made through the PLM Division of its A2K Group. The customer based in Australia and the USA, is a leader in its field in the Manufacturing industry.

Continued Digitalization and capability to manage complex product variability with integration to ERP and sales systems of the customers business, was a core requirement for winning this project. Paul Laycock, Global CEO A2K Group, commented 'Globalisation of the manufacturing industry continues to grow at a rapid pace, along with increasing product complexity. This is driving our customers to improve their products through better collaboration and advanced manufacturing methodologies'. Mr Laycock added 'This is another great step in the A2K Group supporting our customers with their transition to Digitalization and Industry 4.0.'

About A2K Group

Founded in Australia, A2K Group is a global company with interests and partners around the world. In September 2018, A2K Group merged with RIB Group, the world's leading provider of iTWO 5D BIM Cloud Enterprise platform technology for the construction, building and infrastructure industries. This partnership will ensure the delivery of new technologies and help modernize the future of the Australian-New Zealand construction and manufacturing industry and ensure its global competitiveness.

Great cities and nations are defined by the vision of architects, engineers, planners, designers and builders. Our vision is to inspire best practice by guiding the development and use of technology. The A2K Group has helped thousands of companies and government agencies involved in the architecture, engineering, construction, infrastructure and manufacturing sectors, reach their full potential by delivering industry leading solutions and consulting services.

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 brining 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 1,400 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.