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MTI Systems Inc. has launched Costimator Version 14, the latest release of its cost-estimating software. Costimator V14 has many new features including 3DFX, an automated feature recognition function, enhanced cost models, new cost/profit report and SQL Server 2014 compatibility.
"Version 14 is another significant launch for us that includes a powerful range of features designed to substantially increase estimating speed, accuracy and consistency," stated David LaJoie, Vice President Sales, MTI Systems. "We have also added an outside services database and many new cost models to enable more comprehensive estimating for the user."
The new 3DFX automated feature recognition (AFR) add-on to Costimator V14 recognizes CAD features and their parameters from solid models and gives estimators complete control over features they "extract" and import into Costimator for estimating. Costimator V14 with 3DFX increases cost estimating speed and quoting throughput up to 90 percent, while dramatically improving cost estimating accuracy and consistency from part to part, estimator to estimator.
"More and more of our customers are gaining access to solid models during the estimating process," said Thomas Charkiewicz, MTI Systems' president and CEO. "3DFX gives them the ability to quickly view, analyze and extract feature data from the model into Costimator. This not only saves them a tremendous amount of time but also increases the accuracy of their estimates."
New cost models include 46 models for processes such as lasercut, sandblast, panel saw, surface work, and welding, providing more estimating options for greater speed, accuracy and consistency. For faster overall database performance, Costimator V14 supports SQL Server 2014.
In addition, MTI Systems has added a new cost-profit summary report to Costimator V14 that shows multiple quantity cost and profit details for labor, purchased parts, outside services and raw materials. The report offers a new approach to viewing individual costs for multiple quantities and offers a quick and easy way to modify profit margins to reach a desired end profit and sell price.
Related Glossary Terms
- computer-aided design ( CAD)
computer-aided design ( CAD)
Product-design functions performed with the help of computers and special software.
- sawing machine ( saw)
sawing machine ( saw)
Machine designed to use a serrated-tooth blade to cut metal or other material. Comes in a wide variety of styles but takes one of four basic forms: hacksaw (a simple, rugged machine that uses a reciprocating motion to part metal or other material); cold or circular saw (powers a circular blade that cuts structural materials); bandsaw (runs an endless band; the two basic types are cutoff and contour band machines, which cut intricate contours and shapes); and abrasive cutoff saw (similar in appearance to the cold saw, but uses an abrasive disc that rotates at high speeds rather than a blade with serrated teeth).
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