With a potential 60% uplift for high-end projects (there are 3 pricing tiers at 20%, 40% & 60% uplift) it's no surprise that Aconex is focusing attention on its new Cost product.
Interesting take on the need for this kind of software support. Note the invitation to a joint webinar with AECOM on the subject.
Innovative products like Cost are definitely aimed at expanding the TAM and increasing revenue without even having to grow the new customer base- though that will happen too, obviously.
New plans for M25 "viaducts" under Heathrow- Aconex's Connected Cost is deployed on the maintenance and enhancement of the M25 motorway around London- a 30 year, multi-project program for Connect Plus. ------------------------------------------------------------------------------------------------------------- This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.
ACX Price at posting:
$3.93 Sentiment: Buy Disclosure: Held
