The foundation of costdata in 1997 goes back to our long-term experience in the automobile industry in the procurement department of the present Ford-Werke GmbH, Germany. It was the lack of transparency of the offers that finally led to the development of several software programs and consulting services for detailed cost calculation of products and services.
A milestone on this way was the introduction of extensive benchmark calculation data, which costdata now researches worldwide for customers in the automotive and other industries. Using this market data, benchmark calculations for products and services can be carried out to verify competitiveness. The software programs and databases of costdata are used primarily in the areas of sales and controlling as well as purchasing and development in almost all industries. costdata also calculates as a service provider on behalf competitive product and service prices.