Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  RIB Software AG    RIB   DE000A0Z2XN6

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

RIB Software : RSTA) signs a Phase II Deal with Kimly Construction in Singapore to use its iTWO 5D Big Data Technology

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/10/2014 | 08:37am CET

10.06.2014 - Corporate News

Singapore, 10 June 2014. RIB Group today announced they have signed a Phase II Agreement with Kimly Construction for the first international Phase II contract that will use iTWO 5D Big Data Technology integrating iTWO & iTWO Finance. They will roll out iTWO 5D technology across the whole enterprise and integrate the virtual 5D simulation with the Physical Execution, with a Big Data single source of truth database for all their projects. As a result, Kimly would be able to deliver on their mission of providing high quality high rise residential construction projects on time and in budget to their clients through RIB's world leading 5D Big Data win and deliver technology platform. Kimly have also been recently awarded the prestigious Commonwealth Towers project, a landmark ultra-luxurious High Rise residential tower in the heart of Singapore.

Kimly Construction is one of the most innovative Construction companies in Singapore, and one of the pioneers of utilizing BIM technology working closely with the Building and Construction Authority of Singapore (BCA) with their initial project in 2010. This next step represents a leap forward to the next level, bringing the 3D BIM into an integrated end to end 5D executing and delivery platform operationally.

Mr Thomas Wolf, CEO and Chairman of RIB Software AG: "We are pleased to have Kimly Construction as an additional strategic partner for the South East Asia region. We believe with this new thinking method using RIB iTWO and RIB iTWO Finance, they are now able to win and deliver more projects using the new construction method."

Mr. Sanjay Sivanandan, President of RIB Asia Pacific & Middle East, stated that: "BCA and the government of Singapore have been promoting BIM as part of the broader initiative of increasing productivity in the Singapore construction industry through the use of technology. We are delighted to have innovative clients such as Kimly as technology partners that have the vision to recognize that the use of the RIB iTWO 5D platform will greatly enable them to improve their productivity, reduce costs, time and risk and also improve profitability.


distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on RIB SOFTWARE AG
03/23 RIB SOFTWARE : YTWO Ltd., a 50% subsidiary of RIB Software AG and the CG Gruppe ..
03/23 DGAP-NEWS : YTWO Ltd., eine 50%ige Tochtergesellschaft der RIB Software AG und d..
03/23 DGAP-NEWS : YTWO Ltd., a 50% subsidiary of RIB Software AG and the CG Gruppe AG ..
03/20 DGAP-AFR : RIB Software AG: Vorabbekanntmachung über die Veröffentlichung von Fi..
03/06 RIB SOFTWARE : RIB) signs a Phase-II-contract (No. 13 / 2017) with the MATTHÄI G..
03/06 DGAP-NEWS : RIB Software AG (RIB) unterzeichnet einen Phase-II-Auftrag (Nr. 13 /..
03/06 DGAP-NEWS : RIB Software AG (RIB) signs a Phase-II-contract (No. 13 / 2017) with..
02/23 DGAP-PVR : RIB Software AG: Release according to Article 26, Section 1 of the Wp..
02/10 DGAP-NEWS : Die RIB Gruppe steigert vorläufiges operatives EBITDA um 57,9% auf r..
02/10 DGAP-NEWS : RIB Group increases preliminary operating EBITDA by 57.9% to about E..
More news
Sector news : IT Services & Consulting - NEC
03/21 Google and sister company to offer cyber security to election groups
03/15 Bosch sticks to own technology in face of Intel-Mobileye merger
03/15 Washington Post software deal a double win for Bezos
03/13DJHow AI Is TransformING the Workplace -- WSJ -2-
03/13DJHow AI Is TransformING the Workplace -- WSJ
More sector news : IT Services & Consulting - NEC
Advertisement
Financials (€)
Sales 2016 97,4 M
EBIT 2016 22,2 M
Net income 2016 14,0 M
Finance 2016 79,1 M
Yield 2016 1,39%
P/E ratio 2016 39,73
P/E ratio 2017 31,51
EV / Sales 2016 5,05x
EV / Sales 2017 3,82x
Capitalization 571 M
More Financials
Chart RIB SOFTWARE AG
Duration : Period :
RIB Software AG Technical Analysis Chart | RIB | DE000A0Z2XN6 | 4-Traders
Full-screen chart
Technical analysis trends RIB SOFTWARE AG
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 13,6 €
Spread / Average Target 12%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Thomas Wolf Chief Executive Officer
Sandy Möser Chairman-Supervisory Board
Hans-Peter Sanio Chief Operating Officer
Michael Sauer Chief Financial Officer
Helmut Schmidt Chief Technology Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
RIB SOFTWARE AG-2.13%615
ACCENTURE PLC3.10%78 486
TATA CONSULTANCY SERVI..4.47%74 072
NETEASE INC (ADR)32.94%37 896
VMWARE, INC.15.76%37 244
INFOSYS LTD1.63%36 335
More Results