RIB software

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RIB Software SE

logo
legal form Stock corporation (SE)
ISIN DE000A0Z2XN6
founding 1961
Seat Stuttgart , GermanyGermanyGermany 
management Thomas Wolf CEO
Michael Sauer
Mads Bording Rasmussen
Number of employees 1599 (2019)
sales 214.6 million euros (2019)
Branch Software for construction
Website www.rib-software.com
As of December 31, 2019

The RIB Software SE , based in Stuttgart is established in 1961, listed software provider in the field of enterprise resource planning solutions for the construction industry. According to the company, its customers include large construction companies. RIB has its own branches in the EMEA , APAC and North America regions . In total, the RIB Group has more than 30 branches worldwide.

history

In 1961, Volker Hahn , Fritz Leonhardt and Friedrich Wilhelm Bornscheuer founded the Recheninstitut im Bauwesen (RIB) in Baden-Württemberg.

During this time, the Technical University of Stuttgart established itself as a center for what was then known as EDP in construction. At the Aerospace Institute, civil engineer John Argyris introduced a finite element program ( FEM ). This inner-university development brought the RIB for the dimensioning of panels, panes and folded structures onto the market in a practice-optimized manner. RIB also developed the first program system “General Bar Structures” (PRAKSI), which is part of Ed. Züblin AG for processing pending calculations, such as B. of girder bridges was used. The first road construction programs were also developed in cooperation with IBM .

At the end of the 1960s, RIB began developing the first AVA system: the IDEAL batch system, designed for large computer systems. In 1970 the Joint Committee for Electronics in Building (GAEB) began work on the standard service book . With the RIB software, the standard service book could be edited according to the rules.

The IDEALOG program system for AVA was launched in 1979. IDEALOG was developed at the same time as the dialog-capable operating systems for mainframe systems, BS2000 and Time-Sharing Option (TSO), which were known at the time . In 1985 the first stage of an integrated data transfer of CAD data into the AVA from IDEALOG was realized. The IDEALOG modules for AVA and cost estimation were used under a general license for all federal and state public building administrations ( Isybau project ).

Within the working group for construction contract accounting (BAR), the requirements for software for construction companies were worked out in 1992 together with developers from RIB. With the technical support of large German construction groups such as Strabag , Bilfinger Berger , Züblin , Heilmann & Littmann , Dyckerhoff & Widmann , Walter Bau and Heidelberg Cement , RIB developed the complete ARRIBA solution for AVA, costing and construction management in 1994 . The RIB program systems will also be converted to Microsoft Windows technology.

In order to implement new solutions, RIB strengthened its own development team and founded an international R&D center in Guangzhou, China , in 2004 . The new RIB iTWO software for BIM ( Building Information Modeling ) 5D came onto the German market in 2009. In addition to the geometry data, iTWO also brings together the resources required for the construction project, such as building materials, machines or personnel, as well as dates and processes. In 2010, RIB offered the English and Chinese versions of iTWO.

RIB shares have been listed in the Prime Standard of the Frankfurt Stock Exchange since February 2011 . It was admitted to the TecDAX on September 22, 2014, but had to leave it again on April 30, 2020. According to a ranking by the Munich Strategy Group from December 2016, RIB is in first place in the TOP 100 German medium- sized companies in terms of the selection criteria of sales growth and earnings ratio. In April 2017, the conversion into a European company (Societas Europaea / SE) was announced, which should take into account the company's international orientation.

In February 2020, the French Schneider Electric group announced a public takeover offer for RIB Software; With Schneider's offer of 29 euros per share, RIB is valued at 1.5 billion euros.

Products

  • iTWO - 5D end-to-end business solution
  • iTWO 4.0 - cloud-based business solution
  • iTWO Finance - Commercial business solution, finance and accounting
  • iTWO civil - CAD for road construction, civil engineering
  • iTWO e-Vergabe public - Electronic tender and award management
  • iTWO tx - Subcontractor purchasing for the construction industry
  • iTWO site - Mobile construction management - Digital construction files
  • iTWO fm - Facility Management - solution for maintenance and operation
  • MTWO - cloud-based platform for the construction and real estate industry
  • RIBTEC - structural engineering

Takeovers, investments and joint ventures

There were three acquisitions in 2012: In September, RIB acquired the US-based software company MC². On September 30th, RIB announced that it had taken over a majority stake in the Australian-based project management software manufacturer ProjektCenter. In November, RIB acquired a majority stake in US Cost.

In August 2013, RIB took over the majority stake in Cosinus Informationssysteme GmbH, a provider of Microsoft Dynamics NAV. In 2014, RIB Software AG acquired the Denmark-based cloud (SaaS) software company Byggeweb A / S (Docia) and a 75% stake in Iceprice, a provider of an e-commerce platform for the construction industry.

In July 2015, RIB took over the Spanish construction software company Soft SA .

At the end of November 2016, RIB acquired a 25% stake in Exactal Group Limited, a Hong Kong-based software manufacturer for the construction industry. In addition, the joint venture YTWO Formative was founded by RIB and Flextronics . On a fully integrated enterprise software platform, YTWO connects the visualization, including time, costs, materials and 3D models, with the supply chain through to project completion.

In January 2018, the stake in Exactal Group Limited was increased to 100%. In February 2018, the company took over 51% of the shares in the Saxon company Datengut. The purchase price was paid in equal parts with treasury shares and cash.

Web links

Individual evidence

  1. ↑ Imprint - RIB Group. Retrieved December 12, 2019 .
  2. ↑ a b Annual Report 2019. (pdf) In: rib-software.com. Retrieved May 19, 2020 .
  3. ↑ RIB company profile. Retrieved September 27, 2017 .
  4. ^ A b Christiane Weber: Fritz Leonhardt »Lightweight construction - a requirement of our time. Suggestions for building construction and bridge construction «On the introduction of structural principles in lightweight construction in the 1930s and 1940s. Karlsruhe 2012, ISBN 978-3-86644-781-3 , p. 171.
  5. ↑ rib-software.com: tradition
  6. ^ Eckhardt Held, Stefan Kimmich: Bridge building in the course of time. In: Road and civil engineering. Vol .: 57, No. 5, 2003, ISSN  0039-2197 , pp. 6-11.
  7. ^ Mercedes Benz Service Center in Milan. In: Concrete and reinforced concrete construction. Edition 07/2010, ISSN  1437-1006
  8. ↑ RIB: Building Information Modeling - BIM becomes BIM 5D. Retrieved September 27, 2017 .
  9. ↑ Marian Behaneck: Ways out of the dead end? Building Information Modeling (BIM) changes planning and its process. In: Deutsches Ingenieurblatt. Pp. 48-51, Vol .: 18, No. 5, 2011, ISSN  0946-2422
  10. ↑ Carsten Dierig: Mittelstand: These are the best German companies . In: THE WORLD . March 21, 2017 ( welt.de [accessed September 28, 2017]).
  11. ↑ Annual report 2017
  12. ↑ RIB software should become French. Retrieved February 13, 2020 .
  13. ↑ RIB products. Retrieved September 27, 2017 .
  14. ↑ RIB Software AG: Annual Report 2012. (PDF) Retrieved on February 10, 2017 .
  15. ↑ RIB Software AG: Annual Report 2013 (PDF) Retrieved on February 10, 2017 .
  16. ↑ RIB Software AG: Annual Report 2014 (PDF) Retrieved on February 10, 2017 .
  17. ↑ rib-software.com: Company news ( Memento from September 27, 2017 in the Internet Archive )
  18. ↑ RIB Software AG: Annual Report 2015 (PDF) Retrieved on February 10, 2017 .
  19. ↑ RIB takes over 25% of the shares in Exactal Group Limited. (No longer available online.) Archived from the original on September 27, 2017 ; accessed on September 27, 2017 .
  20. ↑ Flex and RIB Software found the YTWO Formative joint venture. (No longer available online.) Archived from the original on September 27, 2017 ; accessed on September 27, 2017 .
  21. ↑ RIB Software SE (RIB) increases stake in Exactal Group Limited, the leading provider in the field of calculation software for the English-speaking world, to 100%. (No longer available online.) Archived from the original on January 9, 2018 ; accessed on January 9, 2018 .
  22. ↑ RIB Software SE (RIB) takes over 51% of the shares in DATENGUT GmbH, one of the leading German providers of mobile solutions for the construction industry. Retrieved February 28, 2018 .