Autodesk to Acquire Cloud Based Estimating Company ProEst

Autodesk, Inc., an AGC of America Capstone Supporter, recently announced that it is acquiring ProEst, a cloud-based estimating solution that enables construction teams to create estimates, perform digital takeoffs, generate detailed reports and proposals and manage bid-day processes. Autodesk plans to integrate ProEst with Autodesk Construction Cloud, a comprehensive construction management platform connecting teams, data and workflows across the entire building lifecycle. The acquisition will strengthen Autodesk Construction Cloud's preconstruction offerings and empower construction teams to manage all their critical preconstruction and construction workflows on one platform.

ProEst translates project scope quickly and easily, turning drawings, specifications and models into material, labor and equipment costs. As a result, teams are not only able to supercharge the estimation process and build stronger bids, but also minimize project risks and heighten their chances of winning work. With ProEst's cloud-based solution, customers can also access estimating information from anywhere, at any time, and import third-party cost databases to streamline estimation workflows. The acquisition of ProEst will complement Autodesk Construction Cloud's best-in-class cost management capabilities and allow teams to track costs against estimates and provide greater visibility to increase the probability of project success.

"We pride ourselves on delivering quality projects safely, within budget and in a timely manner," said Luis Berumen, vice president of innovation and technology, Bartlett Cocke General Contractors, a member of multiple AGC chapters. "Autodesk Construction Cloud helps us manage our projects by enhancing collaboration across various phases and workflows and adding ProEst's cloud-based estimating capabilities to the mix will further our ability to deliver quality projects efficiently."

According to Jim Lynch, senior vice president and general manager of Autodesk Construction Solutions, "Estimation significantly impacts downstream construction workflows, but is often a disconnected and manual process, which creates room for errors that can lead to cost and schedule issues later in a project lifecycle. Our acquisition of ProEst will allow construction teams to connect accurate estimates with the rest of their project data to minimize the risk of cost and schedule overruns and drive successful project outcomes."