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RIB CostX Wins Estimation and Valuation Software of the Year for the Sixth Year in a Row

19 November, 2024
4 mins read
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Hammers Award 2024 Winner RIB Software

In a remarkable achievement, RIB CostX from RIB Software, a global leader in construction software solutions, has once again claimed the title of Estimation and Valuation Software of the Year at the 2024 Construction Computing Awards, also known as “The Hammers.” This is the sixth consecutive year that RIB CostX has received the coveted prize, cementing its status as a leader in construction estimating software.

The announcement was made on 7 November 2024 at the Leonardo Royal Hotel in London, where industry leaders gathered to honor the best in construction technology. The Hammers are a highly acclaimed award that recognizes technology, tools, and solutions that facilitate the effective design, construction, maintenance, and transformation of buildings and infrastructure across different sectors. Winners were chosen using a mix of public votes and input from an expert panel of judges.

RIB CostX was also nominated for Construction Software of the Year, Collaboration Product of the Year, and Innovation of the Year (due in part because of its recent partnership with 2050 Materials). Another leading product, RIB Candy, was nominated in three categories, while RIB Software was nominated for Company of the Year.

René Wolf, CEO of RIB Software, expressed delight in the impressive sixth consecutive win. “This award recognizes RIB’s ongoing commitment to excellence and our unwavering dedication to creating real value for the construction industry,” he said.

Wolf underlined that this milestone was a team effort, made possible by the devotion and enthusiasm of the RIB team, as well as the support of their customers and partners. “None of this would be possible without our exceptional team, whose passion for innovation keeps bringing home the accolades, and our valued customers, whose trust and collaboration fuel our success. We look forward to continuing to shape the future of construction together.”

Celebrating 20 Years of Innovation with RIB CostX

This year’s victory at The Hammers coincides with RIB Software’s 20th anniversary of RIB CostX. CostX has been at the forefront of construction estimating innovation over the last two decades, driving innovations ranging from digital takeoff technology to integrated 5D BIM systems.

Today, CostX is an essential tool for estimators all around the globe, offering a user-friendly platform that simplifies processes, minimizes errors, and improves accuracy.

CostX’s distinguishing characteristics, such as one-click 2D takeoffs and extensive 3D/BIM compatibility, make it an invaluable tool in a fast-paced business that demands precision and speed. Its ability to process takeoffs straight from 3D models saves time and improves quality by providing estimators with precise, dependable data. By seamlessly combining BIM data with estimating and carbon accounting, RIB CostX enables customers to build effectively and sustainably.

A Testament to Innovation and Excellence

Winning the Estimation and Valuation Software of the Year award for six consecutive years demonstrates the software’s impact and RIB’s dedication to continuous improvement. RIB CostX has established itself as a trusted partner to construction professionals who depend on its complete features and intuitive interface to achieve successful projects.

This year’s award underscores the software’s role in driving forward-thinking solutions that empower users to meet both current and future demands.