DGAP-News: RIB Software AG: Top Gulf Region Project Developer Chooses ITWO from RIB
(firmenpresse) - DGAP-News: RIB Software AG / Key word(s): Miscellaneous
RIB Software AG: Top Gulf Region Project Developer Chooses ITWO from
RIB
15.08.2011 / 08:47
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Top Gulf Region Project Developer Chooses ITWO from RIB
RIB Software AG Wins New Customer in Saudi Arabia
RIYADH and STUTTGART, August 15th, 2011. The technology company RIB
Software AG has just won one of the top EPC, infrastructure and utility
management companies in the Gulf region as a new customer. In July, project
developer Alfanar placed an order with RIB Software AG for their first iTWO
software licences.
By implementing RIB's integrated digital engineering and construction
software solution iTWO Business Suite, the company aims to consolidate its
leading market position in the Middle East. Alfanar's strategic goal is to
become the leading EPC contractor for infrastructure management in the Gulf
region, particularly for power and water projects, as the Management
emphasises.
Transparent time and cost management is essential for the project
developer, who realises EPC and infrastructure projects in Egypt, India,
Saudi Arabia, Syria and the United Arab Emirates. The customer base of the
Alfanar Group is a balanced mix of public sector and private enterprises.
The quality demands of the projects engineered and executed by Alfanar in
the power industry are tremendously high and usually involve extremely
tight time frames. This dictates highly structured planning from the
beginning to meet the project schedule and avoid budget overrun.
According to Alfanar's Management, the building of a companywide knowledge
tank is vital for supporting teamed engineering and construction activities
within the entire company. To achieve this, Alfanar is currently
implementing iTWO Business Suite and SAP throughout the company. The
implementation is to be completed by the first quarter of next year.
The RIB Group
With over 15,000 customers, the RIB Group is one of the leading providers
of technical ERP software solutions for the construction industry. Founded
in 1961 and headquartered in Stuttgart, RIB has become a market leader in
Germany. The world's largest construction companies, the public sector,
architectural offices and engineering companies as well as key accounts in
the process industries all around the globe use RIB's software systems to
optimise their engineering and construction processes. RIB has its own
sales and service offices in EMEA, North America and APAC. Further details
at: www.rib-software.com.
End of Corporate News
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15.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: RIB Software AG
Vaihinger Str. 151
70567 Stuttgart
Germany
Phone:+49 (0)711-7873-0
Fax: +49 (0)711-7873-311
E-mail: info(at)rib-software.com
Internet: www.rib-software.com
ISIN: DE000A0Z2XN6
WKN: A0Z2XN
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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135548 15.08.2011
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Datum: 15.08.2011 - 08:47 Uhr
Sprache: Deutsch
News-ID 46148
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