Construction cost data provider Gordian has launched a big-data-driven service designed to predict construction project cost changes up to three years into the future.
Predictive Cost Data, available in RSMeans Data Online, combines more than 15 years of RSMeans data and other indices from government and private sources, then takes into account factors such as project location and construction type and applies proprietary algorithms to deliver what Gordian claims are cost estimates that will hold their accuracy for years.