4/6/2017 1

BIMobject® enters into a digital partnership with Riksbyggen

BIMobject AB ("BIMobject") announces that the company has entered into a digital partnership agreement with the Swedish building and property management association Riksbyggen. The aim is to implement BIMobject's solutions within Riksbyggen's processes. For this purpose, a pilot project will be carried out to apply BIMobject's solutions in a real project. 

One of the aims of the cooperation is to involve the manufacturers' digital products, so called BIM objects, earlier in the process. This will contribute to better efficiency and cost control during the project, as well as to a simplified managing of changes and risks.  

Another purpose of the cooperation is to utilise digital tools to make Riksbyggen's processes more efficient through leaner construction, delivery and maintenance. This will also increase the ability to improve sustainability efforts in terms of material selection, product choices and logistics throughout the entire value chain. 

During the construction process, the involved parties will be working in a BIM model, which is a digital 3D-version of the actual building. The model also takes variables such as time plans and cost calculations into account. 

The pilot project will use the latest cloud technology from BIMobject, the Digital Construction Content Management solution Hercules. The solution lets Riksbyggen create their own product and material catalogues of building products from the BIMobject® Cloud.

Virtual Reality (VR) will be used as well as the BIMobject solution BIMsupply® to enable all stakeholders to see the same thing at the same time. Increasing communication and know-how between all parties of a construction project has been proven to have a positive effect on costs and environmental footprint.

"We have been looking for a partner who has an overview over the whole lifecycle of a building and we are very proud to start this cooperation with Riksbyggen. In this project, we will combine our technologies with the advantages of the BIMobject community to really move the development of digital building processes forward", says Alexander Montell, Business Developer at BIMobject.

"Digitalisation is an important issue for the entire industry. We will use the experiences made in the pilot project to move forward with increased digitalisation in the development of Riksbyggens building projects. I'm looking forward to our collaboration with BIMobject and to seeing what we will gain - both in terms of efficiency and more sustainable developing", says Elin Sjöstrand, Regional Manager Bostad Öst at Riksbyggen.

No significant revenue or costs will arise for BIMobject in the initial phase of this agreement. The potential future value of the partnership cannot be estimated at present. The agreement is valid until August 2019 with the possibility of extension.

For more information, please contact: 
Natalie Nilsson - PR & Marketing Manager
Tel: +46 40- 685 29 00 
E-mail: press@bimobject.com

This information is information that BIMobject AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13:45 CEST on April 6th, 2017.

About BIMobject®

BIMobject® Corporation, acknowledged by investors with a Global Red Herring 100 award, and a public company on Nasdaq Stockholm First North: ticker BIM. BIMobject® is a game changer for the construction industry worldwide with its cloud based digital content management system for BIM objects. 

BIMobject as a disruptive technology corporation is at the forefront of the digitalisation of building products and materials, enabling the information to be turned into know-how earlier in the BIM processes. The BIMobject Cloud is a digital platform, where BIM professionals can reach and download BIM files from brands, from both Europe and US.  This will enable industrialisation of the construction industry and also have a huge impact on design, product selection, constructability, waste, energy, cost, quality and logistics.

Our unique solutions for Building Product Manufacturers provide development, hosting, maintenance, syndication and publication of the digital replicas of the manufacturers' products - BIM objects. The marketing and pre-sales services associated with the BIMobject Cloud are channeled and integrated, through Apps, into CAD/BIM applications to create a business-to-business communication across the globe.

Manufacturers use BIMobject® to promote and deliver their products directly into BIM processes enabling their products to be selected and generate a real improvement in sales.

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This is an English version of an original Swedish press release communicated by BIMobject AB. In case of interpretation issues or possible differences between the different versions, the Swedish version shall apply.

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