Denver-based construction estimating firm, Eos Group, announced today the launch of their newest cloud-based technology solution called Cortex 365. This project history and estimating tool brings what has been a very sophisticated system, exclusively accessible to large enterprise-scale construction groups, now to the small and mid-sized business marketplace for the first time.
Eos Cortex 365 is a cloud-based project history solution that turns historical data into a strategic corporate asset by allowing users to quickly and easily develop benchmarking studies and defensible initial project budgets. Designed on a multi-layer big data and predictive analytics framework, the solution is on track to become a game-changer for the preconstruction industry.
“In our highly competitive construction market, those who respond earliest with the most credible answer will have a competitive advantage. Cortex 365 will allow small and mid-size construction industry businesses, and facilities portfolio operators, to analyze and develop project budgets with the effectiveness that our longtime enterprise-scale clients have experienced,” said Nick Papadopoulos, the CEO of Eos Group.
The platform will enhance building planning and design processes by quickly analyzing relationships between historical systems, quantities, and costs. It will also enable validation of third-party estimates and budgets from contractor and consulting partners, serving as the central repository of all estimated and actual historical project cost data.
Eos Cortex Project History, an indispensable tool for owners, general contractors, and cost estimating and project management consulting firms, functions as the backend of the Eos Cortex 365 platform. Eos Cortex Project History has already made waves in the building and facilities industry and serves as a key resource for some of the largest engineering and construction firms across the globe.
“The Cortex system is very clean, and easy to implement, operated easily by engineering professionals without formal technology training or experience in the software side of our industry,” said Pete Bredehoeft, a cost estimating leader with 30+ years of experience. “Our team utilized the system globally, across several different building categories, and delivered incredible success thanks to this tool. I am confident that Eos’s new Cortex 365 solution will be an invaluable addition to those businesses operating at the smaller scale of the construction sector.”