RIB Software : RSTA) signs a Phase I iTWO Cloud deal for Project Control and Collaboration for $480M Wheatstone Project with Downer Australia

Sydney, Australia, 23 July 2014. Downer EDI Limited (Downer) has announced that it will implement the RIB iTWOcx Cloud Project Document Management, Collaboration and Governance Platform to deliver a trustworthy and auditable project management system for their downstream portion of the Chevron-operated Wheatstone Project in Western Australia. The Downer contract, valued at approximately A$400 million, will commence onsite late 2014.

Downer will deploy the iTWOcx Core, iTWOcx Quality, iTWOcx Contract Management and iTWOcx Defects modules for Wheatstone. The project will be run out of Downer's Perth office and will provide project capability for a variety of construction trades, mainly electrical and instrumentation. There will also be a number of new project administration and functional support roles located in Downer's Perth office.

More broadly, Downer have made a strategic decision to use iTWOcx as the strategic platform for Contractual Documentation, Quality Management and Conformance, Contract and Variation Management and Defect Management across their diverse project portfolio.

Downer are also studying the iTWO End-To-End Digital Engineering and Infrastructure Platform with a view to proving the benefits of adopting the RIB New Project Thinking and New Working Method.

Ian Watt, Regional Director of RIB ANZ said "Downer put RIB iTWO through a very rigorous and thorough selection process and we are proud to be selected to underpin this important project win for Downer. This will be the first of many and RIB looks forward to iTWO being adopted as the Downer Win and Delivery Platform"

Sanjay Sivanandan, President of RIB Asia Pacific & Middle East said "We are delighted to have Downer as a client, utilizing our world leading iTWO cloud collaboration technology. The adoption of our iTWO cloud technology has started to grow rapidly within the ANZ and Asia Pacific Region, as it offers clients clear benefits in improving their transparency, effectiveness and profitability whilst reducing their risk and costs.

About Downer
Downer EDI Limited (Downer) is a leading provider of engineering and infrastructure management services to customers operating in market sectors including Minerals & Metals, Oil & Gas, Power, Road & Rail Infrastructure, Telecommunications and Water. Downer is listed on the Australian Securities Exchange and employs more than 20,000 people in Australia, New Zealand and the Asia Pacific region. At 30 December 2012, Downer had nearly $19 billion of work-in-hand. Downer is committed to designing, constructing and maintaining the best solutions for its customers while focusing on the safety of its employees and the sustainability of the communities in which it operates. Downer is committed to its goal of Zero Harm.