Data Insights – Cost Trends is an intuitive interface that provides a comprehensive view of historical construction cost trends, available from Gordian.
Gordian Data Insights – Cost Trends
GREENVILLE, S.C., May 7, 2024 (Globe Newswire) — Gordian, a provider of data-driven solutions for every stage of the building lifecycle, today announced its Data Insights – Harnessing Cost Trends announced the possibility. Powered by Gordian’s RSMeans™ Data, this cutting-edge cloud-native dashboard provides users with an intuitive interface that provides a comprehensive view of historical construction cost trends, turning data into actionable intelligence. Data Insights – Cost Trends enables decision makers to predict cost changes, adjust budgets, and make informed decisions when planning and prioritizing construction projects.
“The ever-changing and complex nature of construction costs makes budgeting and cost estimation extremely difficult,” said Chris Gaudreau, Gordian’s chief technology officer and chief product officer. “In response to customer requests for timely insight into cost trends, we developed this dashboard to enable informed decision-making in project planning.”
Developed by Gordian’s product team, the Data Insights – Cost Trends tool aggregates industry-leading RSMeans data to provide a decade of insights across multiple dimensions in a single dashboard. The main features are:
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Detailed cost breakdown: Access region-specific trends in more than 970 North American markets with detailed insights into labor, materials, equipment, and task sectors.
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Cost trend analysis: Identify historical cost patterns and adjust estimates to align budgets with current market conditions.
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Comparative analysis: Make decisions based on a comprehensive, independent dataset of historical and current costs, ensuring objectivity and reliability.
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Data visualization: Enabling users of all technical backgrounds to participate in market intelligence and promoting proactive budgeting and project planning.
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added context: Get a comprehensive understanding of market and cost trends with a holistic, multidimensional analytical view.
Gordian’s Data Insights – Cost Trends is offered as a SaaS solution and is available through an annual subscription to the Gordian Cloud Platform. The platform not only connects critical workflows, but also accelerates data-driven decision-making and gives customers access to software tools and services to improve budgets and project execution. Discounts are available for bundling with RSMeans Data Online subscriptions or upgrades, and for purchasing multiple seats.
For more than 80 years, RSMeans data has been the gold standard for construction cost data for materials, equipment, and labor. A wide range of professionals, from architects, engineers, estimators, contractors to facility owners, rely on this data to provide accurate cost estimates for both new and renovation projects.
To learn more about how Data Insights – Cost Trends can transform your planning and budgeting process, visit https://www.rsmeans.com/data-insights-cost-trends.
About Gordian
Gordian (www.gordian.com) is a leading provider of Building Intelligence™ solutions, delivering unparalleled insights, robust technology, and comprehensive expertise to enable customer success at every stage of the building lifecycle. Promote. Gordian created Job Order Contracting (JOC) and his RSMeans™ data, which is the industry standard. Gordian enables organizations to optimize capital investments, improve project performance, and minimize long-term operating expenses.
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CONTACT: Sarah Walker Gordian 8644518036 s.walker@gordian.com
