RIB Software SE Strengths, Domain Expertise, and Key Differentiators
RIB Software SE is an innovator in the building and construction industry. The company creates, develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide.
iTWO's cloud-based platform provides the world’s first enterprise cloud technology based on 5D BIM with AI integration for construction companies, industrial companies, developers and project owners, etc.
With over 50 years of experience in the construction industry, RIB Software SE focuses on IT and engineering and becomes the pioneer in construction innovation, exploring and bringing in new thinking, new working methods and new technologies to enhance construction productivity.
RIB is headquartered in Stuttgart, Germany and Hong Kong, China, and listed on the prime standard Frankfurt Stock Exchange since 2011. With over 1,400 talents in more than 30 locations worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21st century.
RIB Software SE Recent Developments
Partnered with Microsoft, RIB developed MTWO, which is the premiere cloud-based 5D BIM solution for the construction and real estate industries. This construction management, virtual-to-physical planning solution is a single platform that operates on the world-class Microsoft Azure cloud platform.
RIB Software SE Mergers and Acquisitions (M&A) Activities
In July 2020, Schneider Electric SE completed transaction for voluntary public takeover of RIB Software SE, thus RIB officially joined Schneider Electric. The first phase of the synergy is joining forces in sales activities, setting up joint sales teams in more than 10 zones including US, ANZ, Nordic, UK, Spain, India, DACH, France, Middle East and Africa.
Since August 2018, RIB has completed 10 successful acquisitions for its global MSP network, which have headquarters in Europe, USA, UAE, India, Australia, and Africa. Some major acquisitions with $25M USD+ investment include: In August 2019, RIB invested 26.4M USD to acquire 60% shares of U.S.CAD, which is a leading AEC technology reseller and integrator, BIM services provider, and Autodesk Platinum Partner.
In July 2019, RIB invested 31.5M USD to acquire 70% shares of CCS, a leading software company which provides the No.1 cost estimation and project control software in Africa. In June 2019, RIB invested 42M USD to acquire 60% shares of BSD, a leading provider of advanced specification software and proprietary data and analytics for architects, engineers, specifiers, building product manufacturers, and building owners.
RIB Software SE 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 SE 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 SE 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 iTWO (Cloud Platform for construction and real-estate), customers.
RIB Software SE Overview
Ownership: - RSTAG.DE : Xetra
Number of Employees: 2610
Key Verticals: Construction and Real Estate,
RIB Software SE Key Enterprise and Cloud Applications
iTWO (Cloud Platform for construction and real-estate),
RIB Software SE Revenues, $M:
|Type/Year||2019||2020||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 SE Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
RIB Software SE Enterprise Applications Revenues By Functional Markets, $M:
RIB Software SE Enterprise Applications Revenues By Verticals, $M:
RIB Software SE Revenues By Region, $M
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RIB Software SE Direct vs Indirect sales
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RIB Software SE Customers - Breakdown by Geo, Size, Vertical and Product
No. of RIB Software SE Customers: 100000
No. of RIB Software SE Enterprise Applications Customers: x
No. of RIB Software SE Cloud Customers: x
No. of RIB Software SE Cloud Subscribers: x
RIB has over 100,000 customers and over 770,000 users around the world.
Target clients can be defined as construction companies, industrial companies, developers, general contractors, real estate companies, project owners, and consulting firms. Some of the reference clients include leading contractors, developers, and industrial companies all around the world, such as Siemens, Bosch, YIT (No.1 builder and contractor in Finland), Strabag (No.1 contractor in Austria), and VINCI (No.1 contractor in France).
RIB Software SE Market Opportunities, M&A and Geo Expansions
In June 2020, RIB invested in Beijing Bochao Times Software Co.,Ltd, a leading China-based electric power and engineering design software company, to help drive the Chinese market penetration of iTWO 4.0.
In July 2019, RIB Software SE acquired 70% of Construction Computer Software (CCS) in Johannesburg - South Africa. CCS has provided specialized software solutions to the construction & engineering industry. CCS serves more than 40,000 Users in over 50 countries, including many of the world`s largest construction & engineering companies.
RIB Software SE Risks and Challenges
Adoption of the new technology and digitalization takes time and needs support from government and the society.
RIB Software SE Ecosystem, Partners, Resellers and SI
In November 2020, the RIB Group and the Swiss SoftwareONE Holding AG (hereinafter: SoftwareONE) signed a strategic partnership agreement. The objective of the cooperation is to accelerate the market introduction of the MTWO platform globally. By entering into this partnership, which has now been operational since the beginning of 2021, the RIB Group and SoftwareONE are committed to jointly driving technological innovation for the architecture, engineering and construction (AEC) industries worldwide.
RIB's software partners include Autodesk (integrating data from Autodesk's BIM products with RIB's cost management suite), Microsoft, Oracle Primavera for project, resource and portfolio management software, Topcon Europe B.V for optical and electronic instruments for construction and machine control applications.
RIB Software SE Cloud Infrastructure Insights
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- RIB Software SE Public Cloud and Infrastructure (IaaS)
- RIB Software SE Platform (PaaS)
- RIB Software SE Application Delivery
- RIB Software SE Private Cloud and Data Centers
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).
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