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 70 countries including the UK, Ireland, Australia, USA, UAE, Malaysia, Singapore, Hong Kong, New Zealand and across Africa.
The Exactal Europe Limited branch in Newcastle-upon-Tyne, UK, was the second office established worldwide; opened in January 2008 to support the growing worldwide sales of the CostX® product. This was followed in December 2008 by the establishment of Exactal Pacific Limited based in Auckland to provide direct sales and support for the New Zealand market and in September 2010 with the establishment of Exactal Limited (formerly Exactal Asia Limited) based in Hong Kong. 2012 signalled the opening of three additional offices for the company; the second Australian office (in Melbourne) in March 2012, Exactal (Singapore) Pte Ltd in April 2012 and the second UK office (in London) in September 2012. Exactal Corporation was then opened in June 2015 in Austin, US. The opening of this office heralded a 24-hour coverage for Exactal offices worldwide. Finally, the most recent office opened is the Malaysia office in Kuala Lumpur, in May 2016.
Our in-house sales and support teams, as well as a strong communication channel through selected resellers, provides a direct link to our customer base that allows instant feedback in regards to our product strategy. Through our international offices, and staff which include both IT and quantity surveying professionals, Exactal maintains a policy of continuous product development to stay at the forefront of the industry worldwide.
Exactal will continue to grow its market share around the world as we build our worldwide operations and continue to invest heavily in the further development of our CostX® line of products.