DGAP-News: RIB Software SE signs a Phase-II-contract (No. 09 / 2019) with the Feickert Group

22-May-2019

RIB Software SE signs a Phase-II-contract (No. 09 / 2019) with the Feickert Group

Stuttgart, Germany, 22 May 2019. RIB Software SE, the world's leading provider of iTWO 4.0 Cloud Enterprise Platform Technology, today announced the conclusion of a Phase-II-contract with the Feickert Group.

As a family-run construction company, the group's headquarters were founded in Weilburg/Hesse in 1947 with a focus on building construction and track construction. From the 1970s onwards, the company was transformed into a pipeline and canal builder and entered the special civil engineering sector. Today, Feickert employs around 370 people at its four sites in Hesse, Thuringia, Saxony-Anhalt and Luxembourg.

Dr. Hauke Feickert, managing partner: "Against the background of digitization, our goal as a medium-sized construction company is to standardize processes within our group of companies and to enable even more efficient cooperation between all project participants. As a long-time user of RIB products, we were interested at an early stage in achieving this standardization with iTWO. Now we are glad to be able to take this step together with RIB. We hope that the combination of various commercial and technical RIB applications in a combined iTWO platform will lead to significant improvements in terms of cost transparency, project organization and data maintenance."

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 1,200 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.