RIB Software : RSTA) has signed a Phase II deal with a leading power generation and delivery utility corporation in the southeastern United States

Atlanta, GA, USA, 18 September 2014. RIB Software AG the world's leading construction 5D Big Data enterprise project delivery solution provider has signed a Phase II contract (USD > 2.5 million) with a regulated power generation and delivery utility in the southeastern United States.

The power utility corporation plans on leveraging the iTWO platform to take advantage of Big Data and collaboration to enhance the project planning and project delivery process of its electric generation and energy delivery assets. This agreement represents the second iTWO Phase II License agreement with a leading American Utility company in the last 2 months.

"RIB is pleased to have its second Phase II iTWO strategic partnership within 2 months in America. This partnership is yet another example of our global strength in the EPC and Infrastructure market, and will further reinforce our role as market leader in integrated big data platform solutions for construction." said Thomas Wolf, Chairman and CEO of RIB Software AG."

We are very excited about delivering iTWO to another American power generation and delivery utility to support their vision of an integrated and sustainable solution to manage their portfolio of works.", said RIB U.S.COST CTO Mickey A. Carr. "This is an important client for RIB that will further our platform standard for the power utility sector and continue the momentum we have in this segment. Power utilities have a real need to reduce O&M costs and improve efficiencies across their programs which is pushing them to be more innovative and collaborative in how they manage their business and this is exactly what iTWO is all about."