RIB Software Strengths, Domain Expertise, and Key Differentiators
RIB Software's strength lies in its comprehensive suite of construction software solutions that cover the entire project lifecycle. With products like RIB CostX, RIB BuildSmart, and RIB 4.0, the company offers tools for cost estimation, project management, and enterprise resource planning. Its focus on integrating sustainability features, such as embodied carbon accounting in RIB CostX, positions RIB Software as a leader in promoting environmentally responsible construction practices.
RIB Software Recent Developments
In 2024, RIB Software marked significant milestones, notably the 20th anniversary of its flagship product, RIB CostX, which has been instrumental in revolutionizing construction estimation and valuation processes. Additionally, RIB Software introduced a new Time Management module in its RIB 4.0 platform, enhancing the integration between construction sites and office operations, thereby streamlining project management workflows.
RIB Software Mergers and Acquisitions (M&A) Activities
In July 2020, Schneider Electric concluded a voluntary public takeover of RIB Software, marking the official integration of RIB into Schneider Electric. The initial phase of this collaboration involves synergizing sales efforts and establishing joint sales teams spanning over 10 zones, including the US, ANZ, Nordic, UK, Spain, India, DACH, France, Middle East, and Africa.
RIB Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying RIB Software applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of RIB Software and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified RIB 4.0,RIB Benchmark, RIB BI+, RIB BuildSmart, RIB Candy, RIB Civil, RIB Connex, RIB CostX, RIB CX, RIB Digital Handover, RIB One Prefab, RIB Presto, RIB Project, RIB SpecLink, RIB SpecLive customers.
RIB Software Overview
Vaihinger Straße 151
Stuttgart, x, 70567, Germany
49 711 7873-0
https://www.rib-software.com/
Ownership: - x
Number of Employees: 2610
Functional Markets: Analytics and BI, Collaboration, Content Management, ERP Financial, ERP Services and Operations, PLM, PPM, Procurement, SCM, TRM,
Key Verticals: Construction and Real Estate,
RIB Software Key Enterprise and Cloud Applications
RIB 4.0,RIB Benchmark, RIB BI+, RIB BuildSmart, RIB Candy, RIB Civil, RIB Connex, RIB CostX, RIB CX, RIB Digital Handover, RIB One Prefab, RIB Presto, RIB Project, RIB SpecLink, RIB SpecLive
RIB Software Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
RIB Software Revenue Breakdown By Type, $M:
RIB Software Enterprise Applications Revenues By Functional Markets, $M:
RIB Software Enterprise Applications Revenues By Verticals, $M:
RIB Software Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
RIB Software Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
RIB Software Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified RIB Software Customers
No. of RIB Software Customers: 23000
No. of RIB Software Enterprise Applications Customers: 23000
No. of RIB Software Cloud Customers: x
No. of RIB Software Cloud Subscribers: x
Serving over 23,000 companies and half a million users worldwide, RIB Software caters to a diverse clientele in the architecture, engineering, and construction (AEC) industry. Its solutions are utilized by companies of varying sizes, from small contractors to large enterprises, across multiple regions including EMEA, APAC, and North America.
Among its notable clients are leading contractors, developers, and industrial companies across the globe, including renowned names like Siemens, Bosch, YIT, Strabag, VINCI, Westforce Construction, Afcons Infrastructure, Davison Earthmovers, PP Construction, Mike Buyskes Construction, Kusile Power Station, CRC Church Midrand, Yas Waterworld, De Beers Group, and many more.
RIB Software Market Opportunities, M&A and Geo Expansions
The growing emphasis on digitalization and sustainability in the construction industry presents significant opportunities for RIB Software. The increasing adoption of 5D BIM and cloud-based platforms opens avenues for RIB to capture market share in emerging economies and expanding urban centers. Partnerships with organizations like Building Transparency to develop eco-friendly tools position RIB to capitalize on the demand for sustainable construction practices. Additionally, integrating AI and advanced analytics into its offerings can further enhance RIB’s ability to meet evolving client needs, driving growth in a rapidly transforming industry.
RIB Software Risks and Challenges
RIB Software faces challenges in a highly competitive construction technology market, where rivals like Autodesk and Bentley Systems vie for dominance. Rapid technological advancements require continuous investment in R&D to maintain its edge, posing financial risks if innovation cycles outpace returns. Additionally, geopolitical uncertainties and fluctuating regulatory frameworks in key markets could impact global expansion efforts.
RIB Software Ecosystem, Partners, Resellers and SI
RIB Software’s ecosystem thrives on strategic partnerships and a robust network of technology integrations. Collaborations with industry leaders like Microsoft and non-profits like Building Transparency enhance its offerings, particularly in cloud computing and sustainability. Its partner network, including managed service providers and resellers, extends RIB’s reach across EMEA, APAC, and North America.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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