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Gordian Announces Construction Cost Trend Analysis Dashboard Powered by RSMeans Data

Data Insights – Cost Trends, an intuitive interface that provides a comprehensive view of historical construction cost trends, is available from Gordian

Gordian’s Data Insights – Cost Trends

Complex data insights made understandable through an intuitive interface and interactive visualizations.Complex data insights made understandable through an intuitive interface and interactive visualizations.

Complex data insights made understandable through an intuitive interface and interactive visualizations.

Greenville, SC, May 07, 2024 (GLOBE NEWSWIRE) — Gordian, a provider of data-driven solutions for all phases of the building lifecycle, today announced the availability of Data Insights – Cost Trends. This cutting-edge cloud-native dashboard, powered by RSMeans™ Data from Gordian, offers users an intuitive interface that provides a comprehensive view of historical construction cost trends, transforming data into actionable insights. Data Insights – Cost Trends allows decision makers to anticipate cost changes, adjust budgets and make informed decisions when planning and prioritizing construction projects.

“Budgeting and estimating costs has become extremely difficult due to the ever-changing and complex nature of construction costs,” says Chris Gaudreau, chief technology officer and chief product officer at Gordian. “In response to our customers’ desire for timely information on cost trends, we developed this dashboard to enable informed project planning decisions. »

Developed by Gordian’s product team, the Data Insights – Cost Trends tool aggregates industry-leading RSMeans data, delivering a decade of insights across various dimensions into a single dashboard. Key features include:

  • Granular cost breakdown: Access location-specific trends in more than 970 North American markets, with detailed information on labor, materials, equipment and task divisions.

  • Analysis of cost trends: Identify historical cost patterns to adjust estimates and align budgets with current market conditions.

  • Comparative analysis: Base your decisions on a comprehensive, independent data set of historical and current costs, ensuring objectivity and reliability.

  • Data Visualization: Enable users from all technical backgrounds to interact with market information, enabling proactive budget and project planning.

  • Context added: Gain a comprehensive understanding of market trends and costs with a holistic, multi-faceted analytical view.

Gordian’s Data Insights – Cost Trends is offered as a SaaS solution, available via an annual subscription on the Gordian Cloud platform. This platform not only connects essential workflows, but accelerates data-driven decision making and gives customers access to software tools and services to better budget and execute projects. Discounts are available for plans with RSMeans Data Online subscriptions or upgrades, as well as for purchases of multiple seats.

For more than eight decades, 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, depend on this data for accurate cost estimation of construction and renovation projects.

To learn more about how Data Insights – Cost Trends is transforming planning and budgeting processes, visit https://www.rsmeans.com/data-insights-cost-trends.

About Gordian
Gordian (www.gordian.com) is the leading provider of Building Intelligence™ solutions, delivering unmatched insights, robust technology and comprehensive expertise that fuel customer success at every phase of the building lifecycle. Gordian created Job Order Contracting (JOC) and the RSMeans™ Data 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 [email protected]