RIB CostX is a leading global construction software solution, specifically focused on takeoff, estimating, and reporting within the construction industry. It is an all-in-one platform offering 2D and 3D/BIM quantity takeoff and cost estimation tools. The software helps quantity surveyors, estimators, and construction professionals increase accuracy, improve efficiency, and reduce errors in cost estimation processes. It supports BIM integration, carbon accounting, and live-linked workbooks for real-time updates and comprehensive reporting. The company has a global footprint with over 550,000 users worldwide and more than 2,600 employees.
RIB CostX was first released in 2004 and has celebrated over 20 years of continuous development and innovation in the construction software market. The product evolved from basic takeoff tools into advanced 3D/BIM integrated estimation software with features supporting sustainability and AI. It reached the milestone of 10,000 licenses sold by 2017 and has won multiple industry awards, including multiple Estimation and Valuation of the Year awards. Over the years, the company has also launched cloud-based solutions to support collaboration and access for dispersed teams.
RIB CostX itself as a standalone entity. However, RIB Software, the parent company, is a long-established software provider in the construction industry with a history of significant investments and acquisitions to expand its portfolio and global reach. RIB Software has expanded over 60 years, incorporating a substantial user base and workforce.
RIB CostX itself, the product is part of RIB Software, a company known for expanding its product range across the construction lifecycle, including scheduling, procurement, project management, and cost control solutions. The integration of CostX into this wider suite reflects strategic product expansion to cover the full project lifecycle.
Recent versions of CostX include enhanced 5D BIM integration, carbon emissions tracking, cloud deployment options, and automated revision tracking. The company has moved to subscription-based licensing to provide flexibility in access. These new features aim to streamline workflows, boost collaboration, improve accuracy, and support sustainability efforts within construction projects.
RIB Software, the parent company, emphasizes innovation, sustainability, and customer-centric solutions. The company is committed to driving efficiency and reducing environmental impact in the construction industry through technological advances. Their culture focuses on continuous improvement based on customer feedback and placing people at the center of their operations. They maintain a global team of talents dedicated to evolving construction software solutions.
RIB CostX boasts over 550,000 users worldwide spanning more than 100 countries. The user base includes quantity surveyors, estimators, BIM managers, and other construction professionals. The software is known for high user satisfaction, winning multiple industry awards. The community benefits from strong support, extensive training resources, and regular updates driven by user feedback. The cloud versions enhance collaboration within globally dispersed teams.
RIB CostX
By RIB
