RIB Software

Leading provider of 5D BIM and construction ERP software globally, acquired by Schneider Electric to bolster its digital buildings portfolio.

RIB Software SE, now part of Schneider Electric following a €1.4 billion acquisition completed in 2021, was a Stuttgart-based software company specializing in construction technology and 5D BIM (Building Information Modeling) solutions. Founded in 1961 and publicly traded on the Frankfurt Stock Exchange, RIB developed the iTWO platform — an integrated construction ERP and project management suite that combined cost planning, scheduling, procurement, and BIM in a single cloud-based environment. The company served major general contractors, engineering firms, real estate developers, and public sector clients across more than 100 countries. RIB's primary relevance to the AdTech ecosystem stems from its acquisition of certain digital media and advertising technology assets, including YUDU Media and related publishing/content distribution platforms, which it held as part of a broader digital transformation portfolio. These assets enabled media companies and publishers to manage and distribute content across digital channels, touching on programmatic and digital publishing workflows. Following the Schneider Electric acquisition, RIB Software's construction technology operations were integrated into Schneider Electric's digital buildings and infrastructure division. The iTWO brand and platform have continued under Schneider Electric's stewardship, while the AdTech-adjacent assets were either divested or absorbed. RIB's legacy is that of a pioneer in construction digitization, bringing cloud-based 5D BIM to large-scale infrastructure projects globally.