Monday, January 5, 2015

RIB Software AG (RSTA) signed a Phase II iTWO 5D Big Data … – FinanzNachrichten.de (press release)

RIB Software AG (RSTA) signed a Phase II iTWO 5D Big
 Data MT Højgaard in agreement with Denmark

DGAP-News: RIB Software AG / Key word (s): Contract RIB Software AG
 (RSTA) signed a Phase II iTWO 5D Big Data contract with MT
 Højgaard in Denmark

01.05.2015 / 09:53


01/05/2015

RIB Software AG (RSTA) signed a Phase II iTWO 5D Big Data
 MT Højgaard in agreement with Denmark

Stuttgart, 05 January 2015. MT Højgaard A / S, based in Copenhagen,
 Denmark and the RIB Software AG end of December 2014
 Phase II convention introducing iTWO 5D big data end-to-end
 Enterprise solution complete. The responsible
 Solution components include the iTWO 5D Big Data platform
 including the web-based procurement platform iTWOtx and the new
 Web-based platform iTWOcx from Denmark. MT Højgaard A / S
 one of the largest construction companies in Denmark and one of the TOP
 . Companies in the Nordic region

Torben Biilmann, President and CEO of MT Højgaard Group: “The
 Group invested over three years approximately DKK 100 million, including
 internal resources, to a leader in the digital construction
 also known to be as Virtual Design and Construction (VDC).
 The agreement with RIB provides us with additional impetus to increase the
 Digitization and VDC an even larger integral part
 MT Højgaard can adopt the working methods. By iTWO 5D Big
 Data, we can simulate the entire process virtual,
 before the project physical implementation phase passes.
 As a result, we can find some typical risks in the
 Construction exist minimized. With this new way of working
 and the new iTWO PCI (Project Cost Insurance) is Munich Re
 our clients also against hedging
 Can offer cost overruns “

Michael Sauer, CFO of the RIB group”. The technology partnership with
 the leading construction companies in Denmark is a crucial
 Step, the introduction of new technology and new
 Working methods, which brings iTWO BIM 5D with them in the Nordic
 Anchor region. I was very impressed that MT Højgaard the
 first iTWO 5D Lab in Copenhagen already opened and the end of December
 plans to open further beyond Labs in Denmark. These represent
 a central part of the new iTWO 5D work method that
 Projects previously to simulate virtually before they are built. 36%
 the volume of orders have already been settled in December,
 while the other 64% over the next 48 months revenue technically
 be realized

Mads Bording, CEO of RIB in Copenhagen. “I am very happy that
 We partnered with the leading Danish construction company
 were able to complete. Thus we have the first Phase II deal in
 achieved Nordic region. I am very confident that this
 Region is the new technology iTWO quickly take and
 more companies will follow.

MT Højgaard

The MT Højgaard Group is one of the leading construction groups in the
 Nordic region. The supervised projects include the design,
 Construction and maintenance of industrial plants, bridges, residential buildings,
 Commercial and industrial buildings and foundations of offshore
 Wind turbines. The company is in Denmark and worldwide
 active. The company generates annual revenues of approximately 7
 DKK billion and employs approximately 4,000 people. Website: mth.com

The RIB Group

The RIB Software AG is a pioneer in building. The Company
 designs, develops and markets iTWO³ – new thinking, new
 Working methods and new technology – for construction projects
 a wide variety of industries around the world. iTWO is now the
 world’s first license / cloud-based big data BIM 5D
 Enterprise solution for companies in the construction industry such as
 Project developers, construction companies, industrial companies,
 Clients and investors. Since its inception in 1961, the RIB
 Software AG forefront of innovation in the construction sector, for
 Research and deployment of new technologies and new
 Thinking and working methods to increase productivity in the
 Construction and thus contributes to the construction of a
 advanced industries in the 21st century shape. The
 RIB is headquartered in Stuttgart and is since 2011 in the Prime
 Out Standa rd of the Frankfurt Stock Exchange. With over 700
 qualified employees in over 30 offices worldwide
 supervised RIB 100,000 customers, including contractors,
 Industrial companies, project developers, investors and governments,
 including in the areas of construction, infrastructure and EPC.


01.05.2015 Dissemination of a Corporate News / financial news,
 transmitted by DGAP – a service of the EQS Group AG. For the
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Language: German
 Company: RIB Software AG
                 Vaihinger Str. 151
                 70567 Stuttgart
                 Germany
 Telephone: +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: Nasdaq
 Exchanges: Regulated Market in Frankfurt (Prime Standard);
                 Counter in Berlin, Dusseldorf, Hamburg, Munich,
                 Stuttgart
 

End of Announcement DGAP News-Service
 




309871 01/05/2015

ISIN DE000A0Z2XN6
 

AXC0046 2015-01-05 / 09: 53

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