June, 2024 - RIB Software, a global leader in software technology for the AEC
industry, has further cemented its embedded carbon credentials by partnering
with 2050 Materials for its RIB CostX software application.
Building on CostX's position as a leader in bringing carbon calculation front
and center of the quantity surveying, estimation, and construction process, this
agreement further allows CostX users to make informed decisions based on real-
time carbon data.
"We have always strived to serve our customers with the best technology and
services to ensure project profitability and carbon reduction targets," said
Steve Dousie, Managing Director of RIB Software (EMEA).
"Our groundbreaking partnership with 2050 Materials is an exciting development
in our commitment to providing the framework for quantity surveyors, estimators,
and professionals to make carbon assessments in real-time as a project
develops."
2050 Materials enables the construction industry to make data-driven decisions
at any project stage, providing the easiest way to find and compare building
materials. Its partnership with RIB Software is a key step towards its goal of
helping the construction industry climate transition.
Said Phanos Hadjikyriakou, co-founder and CEO of 2050 Materials: "We are pleased
to enter this strategic partnership with RIB Software to integrate 2050
Materials' carbon rate libraries into CostX's leading cost estimation software.
Quantity surveyors are uniquely positioned to support the construction
industry's climate transition, given their expertise in cost management and data
analysis. By incorporating real-time carbon data into their workflow, they can
balance cost analysis with embodied carbon assessments, driving sustainable
practices across all project stages.
"This collaboration will further enable CostX users to seamlessly run carbon
assessments, providing a comprehensive view of both cost and carbon impacts.
With 2050 Materials' extensive database of digitized and structured
Environmental Product Declarations (EPD) data and default assembly information,
quantity surveyors and cost estimators will have access to accurate, up-to-date
information, ensuring informed decision-making. 2050 Materials is excited to
partner with CostX in this mission to empower industry professionals with the
tools needed to contribute to a sustainable built environment," Hadjikyriakou
concluded.
The 2024 Digital Construction Week will be the first chance for customers to
explore and discuss what this partnership will look like and will be a great
opportunity to see RIB's wider portfolio of products and services.
ENDS
About RIB Software
Driven by transformative digital technologies and trends, RIB is committed to
propelling the industry forward and making engineering and construction more
efficient and sustainable.
Throughout its 60-year history, the business has expanded its global footprint
to incorporate more than 550,000 users and 2,500 talents, with the vision of
transforming the operation into a worldwide powerhouse and providing innovative
software solutions to its core markets - while placing its people at the heart
of everything it does.
Managing the entire project lifecycle, from planning and construction, to
operation and maintenance, the development of RIB's portfolio of software
solutions is driven by industry expertise, best practice and a passion to remain
at the cutting edge of technology.
Ultimately, it aims to connect people, processes and data in innovative ways to
ensure its customers always complete projects within budget, on time and to high
quality, while reducing their carbon footprints.
RIB Software is a proud Schneider Electric company.
Press Enquiries
John Upton
Marketing Manager, UK & Ireland
john.upton@rib-software.com (mailto:john.upton@rib-software.com)
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