Gordian Expands Data Insights Dashboard with Predictive Construction Cost Analytics
29 July 2024 - 2:01PM
Gordian, provider of data-driven solutions for all phases of the
building lifecycle, announced today the availability of Predictive
Cost Trends, an expansion of the company’s breakthrough Data
Insights Dashboard offering powered by Gordian’s RSMeans™
Data.
“Construction professionals and project owners need access to
reliable and trustworthy information regarding construction cost
trends in this fast-changing marketplace,” said Chris Gaudreau,
Gordian’s Chief Product and Technology Officer. “With the addition
of predictive cost trends data, our Data Insights offerings now
provide a complete view into construction cost trends, both
retrospectively over the past 10 years and predictively up to three
years into the future.”
Technology Officer. “With the addition of predictive cost trends
data, our Data Insights offerings now provide a complete view into
construction cost trends, both retrospectively over the past 10
years and predictively up to three years into the future.”
Gordian made news in the industry earlier this year with the
launch of Data Insights – Cost Trends, a
cloud-native dashboard that offers users an intuitive interface for
obtaining a comprehensive view into historical construction cost
trends. This cutting-edge tool empowers construction professionals
to anticipate cost changes, adjust budgets and make more informed
decisions when planning and prioritizing construction projects.
This latest enhancement enables users accurately to predict
construction costs and strategically plan for upcoming projects.
Subscribers to the Predictive Cost Trends service gain access to
both future and historical cost trend data. Additional benefits of
the new Predictive Cost Trends offering include the ability
to:
- Access trends for more than 970 markets across North
America;
- Compare and benchmark costs regionally to understand local
market trends;
- Drill down into specifics with detailed cost component analysis
for material, labor and equipment;
- Filter and analyze data by CSI MasterFormat Division for more
precise cost management;
- Explore and understand complex data with intuitive
visualizations; and
- Share insights and data easily across the
organization.
Gordian’s Data Insights – Predictive Cost Trends is offered as a
SaaS solution, available through an annual subscription on the
Gordian Cloud Platform. This platform connects
essential workflows and accelerates data-driven decision-making by
providing customers with the tools and services to help them budget
and execute projects that enhance their communities. Bundle
discounts are available for multi-seat purchases and RSMeans Data
Online subscribers or upgrades.
To learn more about Data Insights – Predictive Cost Trends,
please visit
rsmeans.com/data-insights-cost-trends.
About
Gordian Gordian
(www.gordian.com) is the leading provider of
Building Intelligence™ Solutions, delivering unrivaled insights,
robust technology and comprehensive expertise that fuel customers’
success during every phase of the building lifecycle. Gordian
created Job Order Contracting (JOC) and the industry standard
RSMeans™ Data. Gordian empowers organizations to optimize
capital investments, improve project performance and minimize
long-term operating expenses.
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Lauren Fields
Gordian
8646378235
l.fields@gordian.com