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1ST Pricing - Practical Technology for the Building Industry

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1ST Pricing technology supercharges Architectural Computer Aided Design (CAD) software and improves the building process for all involved.

Here’s how it works: The architect or designer draws plans using “smart” symbols – smart symbols are attached to a data warehouse that stores the physical parameters or attributes of each symbol as specified by the architect. Sometimes the software companies provide these symbols and sometimes 1ST Pricing provides them. Regardless, we then run with that database to provide real-time comparative pricing for many line items. Essentially, we create a bill of materials including delivered-to-the-jobsite pricing for up to five different brands that represent the good, better and best solutions that meet the architect’s specifications.

Now if we stopped there, the benefits for everyone are monumental. Instead, we have made that information available online to everyone involved in the building project. Imagine sharing construction documents as easily as sending an email! You can even order the product online and have it delivered directly to your jobsite. This is the first system ever built to ensure that what the architect designs is what gets built.

The CAD industry is working feverishly toward a new design model with many different names - PEN (Parametric-ENabled), BIM (Building Information Modeling), Virtual Building, Building Lifecycle Management, Building Simulation, even 3D (versus 2D). What ever you want to call it, the benefits are real. The only problem is that they stop too soon in the process. 1ST Pricing takes it the rest of the way.

News -  April 21, 2006

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