Gordian has announced the availability of Data Insights – Cost Trends. This cloud-native dashboard, powered by Gordian’s RSMeans Data, offers users an interface that provides a view into historical construction cost trends.
“Budgeting and cost estimating has become extremely challenging with the constant change and complexity of construction costs,” said Chris Gaudreau, chief technology officer and chief product officer at Gordian. "In response to our customers' desire for timely insights into cost trends, we've developed this dashboard to empower informed decision-making for project planning."
Developed by Gordian’s product team, the Data Insights – Cost Trends tool aggregates RSMeans Data, offering a decade's worth of insights across various dimensions in a single dashboard.
Features
- Cost Breakdown: Access location-specific trends in over 970 North American markets, with insights into labor, materials, equipment and task divisions
- Cost Trend Analysis: Identify historical cost patterns to adjust estimates and align budgets with current market conditions
- Comparative Analysis: Independent dataset of historical and current costs
- Data Visualization: Enable users of all technical backgrounds to engage with market intelligence
- Added Context: Multi-faceted analytical view
Gordian’s Data Insights – Cost Trends is offered as a SaaS solution, available through an annual subscription on the Gordian Cloud Platform. This platform not only connects workflows but supports decision-making and provides customers access to software tools and services.
