Exactal was established in October 2003 to develop estimating software for the construction industry and, more specifically, to integrate the estimating process with CAD drawing files. Although there were a few suppliers in this field at the time, our approach differed from others by the way we directly tied measurements to the elements in the CAD drawings. This approach allowed us to deliver unique bi-directional links between the estimate and the sections of the drawing represented; the resulting product was called CostX®. The unique combination of these two elements has also been trademarked by Exactal as the Cost Geometry® of the building.
CostX® is now in wide spread use amongst quantity surveying, construction, development, subcontracting and estimating firms, both large and small, around the world. From its first release in July 2004, CostX® sales have grown exponentially and it is now sold and supported in over 80 countries including the UK, Ireland, Australia, USA, UAE, Malaysia, Singapore, China, New Zealand and across Africa.