DGAP-News  361  0 Kommentare RIB Software AG (RSTA) signs a phase II iTWO 5D contract (No. 13 / 2015) with the construction company Karl Gemünden

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01-07-2015

RIB Software AG (RSTA) signs a phase II iTWO 5D contract (No. 13 / 2015)
with the construction company Karl Gemünden

Stuttgart, Germany, 01 July 2015. RIB Software AG, the world's leading
provider of 5D BIM Big Data technology for the construction industry, today
announced the conclusion of the 13th phase II iTWO contract of a planned 25
in the current financial year 2015 (financial year 2014: 14). The
construction company Karl Gemünden has decided for iTWO 5D, iTWO finance
and iTWO cx in order to, in future, handle all business process with the
end-to-end corporate solution from RIB.

The construction company Karl Gemünden is a family business based in
Ingelheim am Rhein and has about 300 employees. Gemünden has been an RIB
Software client for many years and comes from the traditional building
construction sector. The medium-sized company specialises in the business
segments of houses, innovative building services, functional buildings and
office and administrative buildings. As a regional innovator, it focuses on
the use of the latest technologies, such as the controlling and monitoring
of resources via GPS tracking and RFID chips.

Dr Hans-Peter Sanio, CTO of RIB Group, commented: "We're delighted to be
able to continue our long-standing collaboration with Gemünden and to enter
into a further strategic partnership. Gemünden is a very good example of
modern iTWO 5D technology now also being used by innovative medium-sized
companies. In particular, the cooperation with Gemünden promises a great
deal of food for thought on how we can further optimise our 5D solutions
for the innovative small firm sector."

Tim Gemünden, CEO of the construction company Karl Gemünden: "We have
successfully employed RIB solutions at our company for many years. We have
also dealt quite successfully with model-based working practises for a few
years and are now gradually expanding the use of 5D technology. Since
through the company-owned project development we also often act as an
investor, we expect a streamlining of the planning process and, through the
necessarily higher degree of detail at an earlier point in the process,