Autodesk acquires Rhumbix to help bring real-time jobsite data into project costs

Autodesk acquired Rhumbix to integrate real-time jobsite data into project cost tracking, addressing a major pain point where construction teams lose cost control due to lack of field visibility rather than poor estimates. The acquisition aims to bridge the gap between backward-looking financial systems and actual field conditions, enabling project teams to react to cost overruns before they spiral.

In construction, most project teams do not lose control of costs because of poor estimates. They lose control because they lack visibility into what is happening in the field until it is too late. Financial systems are precise, but they are inherently backward-looking. By the time labor hours,…

This story was originally published by Autodesk Construction Cloud Blog.