iTWO costX by RIB Software Wins at the 2022 Construction Computing Awards
RIB Software is excited to announce that our iTWO costX solution has won the award for Estimation and Valuation Software of the Year at this year’s Construction Computing Awards held in London on November 10.
The UK-based Construction Computing Awards are a leading event for recognising the best technologies, tools and innovations on offer across the industry. iTWO costX has now held this prestigious title of Estimation and Valuation Software of the Year for the fourth year in a row, beating out some tough competition. With the award decided by online public vote, the winner must truly resonate with consumers regarding the value it provides as well as the range of features and functionality offered.
Estimation and Valuation Software of the Year is awarded to the software best able to manage cost and reduce risk, whether working on target cost, maintenance contracts or lump sum projects. Research has found that up to 13 million tonnes of unused construction material is discarded each year in the UK, so it is imperative that estimating systems are able to reduce this to help save costs. The efficiency of iTWO costX’s spreadsheet-based estimating workbook, which is live-linked to the intuitive takeoff, creates a faster, smarter and more accurate solution for clients large and small.
iTWO costX was also announced as the runner-up in the Innovation of the Year category for its embodied carbon capabilities, a testament to the way the program is empowering lower carbon builds with its sustainable functionality.
Mads Bording, RIB Software Chief Strategy & Marketing Officer, couldn’t be prouder, “Our vision is to transform RIB to be the global powerhouse providing innovative software solutions in our markets. We’re extremely pleased to accept this award for iTWO costX for Estimation and Valuation Software of the Year as a testament to our leadership in this area. Research shows that approximately 80% of all construction projects run over time and/or over budget, with the estimating phase being crucial in circumventing this issue. With our innovative solution iTWO costX helping to solve for this challenge, we believe we’re playing a key part in making the industry more efficient. Furthermore, and aligned with our efforts to empower lower carbon builds, iTWO costX’s new embodied carbon capabilities show that we are continuing to evolve with industry requirements. All of this culminating in the solution leading the way as the first 6D BIM solution which allows for both cost estimating and embodied carbon accounting in the same program.”
iTWO costX is currently used in over 90 countries by consultants, estimators, contractors and more, and forms a key part of the RIB Software product portfolio.
For further enquiries, please contact RIB iTWO costX Sales via email at firstname.lastname@example.org.
About RIB Software
Driven by disruptive digital technologies and trends, here at RIB we’ve made it our primary purpose to propel the industry forward and make engineering and construction more efficient and sustainable.
Managing the entire building lifecycle from planning to construction, the development of our powerful portfolio of software solutions is driven by industry expertise, best practice and a passion to remain at the cutting edge of technology. Ultimately, connecting people, processes and data in innovative ways to ensure customers always complete projects within budget, on time and to quality, while reducing their carbon footprint.
RIB Software GmbH is a proud member of Schneider Electric.