About Modelogix
Modelogix is an enterprise software platform from Trimble Inc. designed for organizations to mine data from project estimates and actual costs. It combines conceptual estimating, visual comparison and analysis, and a capable search engine so users can improve their cost modeling efforts. The closed loop workflow ensures that all aspects of the project are accounted for, while the impactful presentation feature facilitates clear communication of cost insights. Modelogix helps organizations make better-informed decisions based on historical data. The software supports various industries in understanding project cost dynamics. Key capabilities: conceptual estimating visual comparison and analysis capable search engine closed loop workflow impactful presentation Best for: project managers and cost estimators that need accurate forecasting and cost analysis.
Modelogix by Trimble Inc. is a robust quoting software solution tailored for professionals in the construction and manufacturing industries. Its primary purpose is to streamline the cost estimation process by leveraging historical project data to generate accurate and consistent quotes. The software allows users to input and store product pricing, labor rates, and material costs, and then use this data to build customized proposals. With features like pre-built templates, revision tracking, and historical quote storage, Modelogix helps businesses maintain pricing consistency and reduce errors during the quoting process. The user interface of Modelogix is designed with practicality in mind. It offers a clean, dashboard-style layout that supports drag-and-drop functionality and visual analytics, making it intuitive even for users with limited technical expertise. Navigation is straightforward, with clearly labeled tabs and search/filter tools that allow users to quickly locate relevant data. The ability to visually compare cost models side-by-side with past projects adds a layer of clarity and control that enhances decision-making. Functionality-wise, Modelogix stands out for its conceptual estimating and cost modeling capabilities.
Pros & Cons
- +1. It leverages historical cost data for generating fast and accurate estimates.
- +2. The software seamlessly integrates with various leading cost-tracking solutions like MS Excel and WinEst.
- +3. It allows for visual comparison and analysis of cost models against similar past projects.
- +4. The powerful search engine provides access to historical data and supporting documents.
- −1. Slow performance when handling large data sets
Features
Key features
- 1. Historical Cost Data Normalization
- The software mines historical project cost data and adjusts the prices to match the time and location of the current project, providing a more accurate estimate.
- 2. Seamless Integration with Existing Systems
- Modelogix can connect with various cost-tracking solutions, including widely used tools like MS Excel and WinEst, allowing for easy data import and utilization.
- 3. Visual Cost Model Comparison
- Users can visually compare their current cost model with past projects of similar scope and also against the original estimates that formed the basis of the model.
- 4. Powerful Historical Data Search
- The software features a robust search engine that allows users to filter historical data based on specific project attributes and access supporting documents.
- 5. Closed-Loop Integration for Continuous Improvement
- Modelogix facilitates a cycle where actual costs from completed projects are fed back into the system, continuously refining the accuracy of future estimates.
- 6. Professional Proposal Generation
- The software enables users to easily design and print high-quality proposals using customizable templates, enhancing their company's professionalism.
Additional features
- 1. Data Mining from Estimates and Actual Costs
- The system extracts data from both initial project estimates and the final, actual costs incurred.
- 2. Price Normalization
- It adjusts historical prices to reflect the current time and location of a new project opportunity.
- 3. Fast and Accurate Early-Phase Estimates
- Modelogix helps create quick and reliable cost estimates during the initial stages of a project.
- 4. Risk Reduction
- By leveraging historical data, the software helps minimize guesswork and uncertainty in cost estimations.
- 5. Secure Centralized Database
- All project cost data is stored in a protected and easily accessible central location.
- 6. Conceptual Estimating and Cost Modeling
- The software's core functionality revolves around creating cost models for conceptual project planning.
- 7. Integration with Cost-Tracking Solutions
- It works with various cost management software, including MS Excel, WinEst, and others.
- 8. Query API for Business Intelligence
- A new API allows for easy integration of Modelogix data with existing Business Intelligence tools.
- 9. User-Defined Cost Structure
- Data can be organized and managed according to a cost structure defined by the user.
- 10. Company-Wide Data Accessibility
- The stored cost data is readily available to authorized users throughout the organization.
- 11. Visual Comparison with Past Projects
- Users can see how their current cost model compares to previously completed projects with similar characteristics.
- 12. Identification of Cost Outliers
- The visual analysis helps in spotting unusual costs that might need adjustment.
- 13. Comparison with Original Estimates
- The software allows for a direct comparison between the current cost model and the initial project estimates.
- 14. Attribute-Based Project Search
- Users can search through historical data by selecting specific project attributes.
- 15. Access to Supporting Documents
- The system provides access to all relevant documentation associated with each historical project.
- 16.
Pricing
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About Modelogix
Modelogix is an enterprise software platform from Trimble Inc. designed for organizations to mine data from project estimates and actual costs. It combines conceptual estimating, visual comparison and analysis, and a capable search engine so users can improve their cost modeling efforts. The closed loop workflow ensures that all aspects of the project are accounted for, while the impactful presentation feature facilitates clear communication of cost insights. Modelogix helps organizations make better-informed decisions based on historical data. The software supports various industries in understanding project cost dynamics. Key capabilities: conceptual estimating visual comparison and analysis capable search engine closed loop workflow impactful presentation Best for: project managers and cost estimators that need accurate forecasting and cost analysis.
Modelogix Details
Modelogix's In-App Market Place
Does Modelogix have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), CAD (C$), AUD (A$), JPY (¥), CNY (¥), INR (₹), CHF (CHF), SEK (kr), NOK (kr), DKK (kr), HKD (HK$), SGD (S$), NZD (NZ$)
Pros & Cons
- 1. It leverages historical cost data for generating fast and accurate estimates.
- 2. The software seamlessly integrates with various leading cost-tracking solutions like MS Excel and WinEst.
- 3. It allows for visual comparison and analysis of cost models against similar past projects.
- 4. The powerful search engine provides access to historical data and supporting documents.
- 1. Slow performance when handling large data sets
Modelogix's Support Options
Contact
+19372455500Modelogix's Alternatives
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