About EasyKost

easyKost is a cloud-based cost estimating and data mining tool. The platform uses technology such as artificial intelligence (AI) and machine learning algorithms to predict costs for products and services. The cost estimating tools within easyKost allow businesses to input project information and receive a cost proposal or estimate in seconds. Parameters can be adjusted based on the needs of the project and estimates are re-calculated in real-time when adjustments are made. Estimates are displayed in graphs or tables to help with understanding.

easyKost can be used by businesses in industries including manufacturing, production, construction, and more, to help with cost estimating and data analysis. The platform also offers data mining tools, w...


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Supported Operating System(s):

Web browser (OS agnostic)

3 Reviews of EasyKost

Overall rating

5 / 5 stars

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September 2019

HK from Procurement consulting

Company Size: 51-200 employees

Industry: Management Consulting

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

September 2019

Answer to BIGDATA challenge EXPLOITING Design FEATURES Data

Excellent...

Pros

Right product at the right time... There is so much data to crunch segment wise... To see if there is anyway we could exploit the situation.... And the ready to use answer has been EasyKost…. It not only optimizes the ML/DL algorithm output, it provides interactive analytics to comprehend the results.... So you are always controlling the outcome of your analysis... Check all possible scenario... to verify... and it helps to take a well measured and confident call....

Cons

Well it is designed mostly as a cost optimization tool, but it can work equally the same lets say you want to run a labour numbers or demand or inventory or energy prediction.... But only precaution we need to take care is the units.... Infact I was surprised the efficient of the output was much always mind blowing....

Reasons for Switching to EasyKost

In Free sources, the issues is you need to customize the outcome always... Moreover you are not sure, if the output you obtained is valid... Because for every given data set, there is literally infinite solutions.... Probably you will need someone to validate your output... But in EasyKost all these challenges are well addressed... Since the hyperparameter tuning is very well optimized to get accurate results... well within 2 to 3% of deviation... That's PEACE.... !!!

September 2019

Oriol from Kepler

Company Size: 11-50 employees

Industry: Management Consulting

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

September 2019

Great product for procurement organizations

I have worked with companies in different industries implementing EasyKost as a tool to identify gaps and opportunity in their portfolio. Consulting with Kepler, I have collaborated in the preparation process as well as the planning and development of initiatives to achieve savings by capitalizing on the opportunities identified by EasyKost. Each of the projects I have been involved in with EasyKost has been successful and provided results aligned to the expected optimization.

Pros

User friendly and powerful product to identify the key cost drivers of a family of products and find gaps in the prices paid, product will pay for itself very quickly. Even before EasyKost identifies opportunities, the work to collect and process the data through allows multiple departments within a company to share knowledge and see the products from a different perspective. After that, the software will help laying out a plan to save money.

Cons

Only con is the required accuracy of data. The organizations targeting to optimize their spend through a data driven software need to understand the importance of very good data collection and management.

September 2019

Jason from Kepler

Company Size: 51-200 employees

Industry: Management Consulting

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

September 2019

Nothing Else Like it ANYWHERE

We use EasyKost as the platform for Cost-Takeout exercises with our consulting clients.

Pros

We use EasyKost as the software of choice for all of our costing projects for our clients. The speed, ease of use, accuracy of output, and the overall approach to costing makes this such a valuable tool for our team, as well as our clients. EasyKost provides a level of insight into the true drivers of cost across ANY number of categories that you simply dont get with other costing software packages. Since EasyKost uses our CLIENT'S OWN DATA, rather than sourced market data, it provides much more insight and value to our client in the end.

Cons

Nothing. We use EasyKost because it is the best costing software available.