September 18, 2018
In August 2018, Myhome Prefabricated, the leading Chinese prefabricated construction enterprise, successfully launched YTWO Formative’s cloud-based 5D BIM enterprise platform, and it has now become an integral part of their business operations. Through the completion of YTWO’s certification process and implementation of the User Acceptance Testing (UAT) documents, Myhome has sent out optimized business operation blueprints across all their departments. This has also enabled Myhome to setup 3D modeling and quantity survey (QS) rules geared for enterprise-wide operation sustainability.
The two companies have a five-year strategic agreement and recently met in Wuhan, China for a go-live meeting. The meeting and implementation of the YTWO Cloud-based 5D BIM Enterprise Platform marks an important milestone in their journey to digitalize and industrialize all their working processes. Attendees from YTWO Formative included Mr. Tom Wolf, Co-founder, Chairman and Interim Chief Executive Officer of YTWO Formative, Ms. Rebecca Wang, Chief Corporate Business Development Officer of YTWO Formative, and YTWO Formative consultants. Representatives from Myhome were Mr. Daoming Liu, Director of Myhome Charity and Chairman of Myhome Group, and Mr. Fanzhong Meng, President of Myhome Prefabricated.
At the Myhome Precast factory, Mr. Wolf shared in-depth exchanges with Myhome professionals and expressed appreciation for Myhome’s achievements on the factory. Myhome leaders returned the praise and commended YTWO’s team, as well as the software’s flexible integration features, for being indispensable to the factory’s success. The YTWO Platform integrates and works with RIB SAA’s Management Execution System (MES) and Production Planning Systems (PPS) to actualize Myhome’s overarching goal of streamlining prefabrication productions, precast factory management, and lean manufacturing across their nation-wide factories.
About Myhome Group
MyHome Group is a comprehensive group corporation principally engaged in real estate development, construction, and property management services. Its subsidiary, MyHome Real Estate, was listed in the Shenzhen Stock Exchange in 1996. The Group’s business covers Wuhan, Beijing, Shenzhen, Chongqing, Shenyang and other large-medium cities across the nation. The company’s total assets are more than US$ 2.9 billion, and its land reservation is nearly 10 million ㎡. MyHome Group won the “China Top 100 Real Estate Stars”, and was reelected the “2016 Central China Real Estate Company Brand Value Top 10″, and now it is nationally renowned. The construction segment of the group, MyHome Prefabricated, with the mission of “making more people quickly live into the functional, stylish, and affordable houses”, and the business orientation of “intelligent construction general contractor”, it commits to becoming the domestic leading enterprise in modular construction.
About YTWO Formative
Established in 2016, YTWO Formative is a joint venture of RIB, the world’s leading web-based 5D BIM enterprise solution provider, and Flex, the global supply chain management solutions provider. Combining digitalization and industrialization, YTWO Formative offers a fully integrated end-to-end cloud-based 5D BIM enterprise platform to support the building and housing industries worldwide. The digitalized and industrialized working process can generate savings and benefits of up to 30%.