SOURCE: WinEstimator, Inc.

January 16, 2008 12:54 ET

WinEstimator Releases Cost Modeling Tool Modelogix

KENT, WA--(Marketwire - January 16, 2008) - WinEstimator, Inc., a global leader in estimating software development, announced the release of Modelogix, a project cost modeling tool. Modelogix was developed for those firms that would like to leverage their project cost history to more quickly and accurately respond to future project opportunities.

Steve Watt, President of WinEstimator, Inc., stated, "Modelogix marks a new milestone in WinEstimator's 15 years of providing estimating software solutions for the AEC industry. Knowing that firms store project history in countless estimating and project management tools, we felt it was important that Modelogix be 'data agnostic.' While seamlessly integrated with WinEstimator's estimating tools, Modelogix can also accept data from countless project management solutions and competitive estimating tools."

Built using Microsoft SQL Server, the WinEst Modelogix database provides a powerful query engine that allows anyone involved in cost modeling to quickly locate past projects that are similar in scope to the current opportunity. Today, AEC firms recognize they're in the content creation business. Modelogix exposes that content throughout the enterprise, allowing a company to derive value beyond the project that the data was originally created for.

J.R. DeLap, Estimator II of the Weitz Company, noted, "I foresee Modelogix quickly becoming a must have tool in the pre-construction tool box. The ability of Modelogix to take actual cost data from a central historical cost database and use it to create a real-time cost model that is flexible, easy to use and location specific is priceless."

"Our analysis of cost data from previous projects and estimates was insufficient and often times an incomplete process," Fumio Otsu of CH2M Hill noted. "With Modelogix we can data mine and analyze cost data from across multiple projects regardless of which estimating system was used [to develop the detailed estimate]."

To learn more about Modelogix, visit www.winest.com/modelogix

About WinEstimator, Inc.

WinEstimator Inc., established in 1992, is an internationally recognized cost estimating software solution provider. WinEstimator provides a family of powerful, integrated, and flexible estimating and bidding software solutions and easily integrates with leading accounting, scheduling, project management, and CAD software solutions.

For more information on WinEst products and services please visit www.winest.com.

Contact Information

  • Contact:
    Annie Ott
    Phone: (253) 395-3631