What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in bid management software category. Our data sources in bid management software category include;
Bid management software helps businesses to manage the processes of preparing and submitting construction project proposals. The bid management process involves completing documents such as Pre-Qualification Questionnaires (PQQs) and Invitation to Tenders (ITTs) used for evaluating vendors.
If you’d like to learn about the ecosystem consisting of Bid Management Software and others, feel free to check AIMultiple Construction.
AIMultiple is data driven. Evaluate 39 services based on
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We use the data sources on the side for ranking solutions and awarding badges in bid management software category. Our data sources in bid management software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Procore
Autodesk Construction Cloud
BuilderTREND
CoConstruct
RedTeam
Taking into account the latest metrics outlined below, these are the current bid management software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Autodesk Construction Cloud
BuilderTREND
Procore
CoConstruct
HeavyBid
These are the number of queries on search engines which include the brand name of the solution. Compared to other Construction categories, Bid Management Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 53%, 6% more than the average of search queries in this area.
28 employees work for a typical company in this solution category which is 7 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 18 companies with >10 employees are offering bid management software. Top 3 products are developed by companies with a total of 10k employees. The largest company building bid management software is Autodesk with more than 10,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Procore
Autodesk Construction Cloud
BuilderTREND
RedTeam
CoConstruct
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Bid Management Software companies. The most positive word describing Bid Management Software is “Easy to use” that is used in 12% of the reviews. The most negative one is “Difficult” with which is used in 4.00% of all the Bid Management Software reviews.
According to customer reviews, most common company size for bid management software customers is 1-50 Employees. Customers with 1-50 Employees make up 33% of bid management software customers. For an average Construction solution, customers with 1-50 Employees make up 17% of total customers.
These scores are the average scores collected from customer reviews for all Bid Management Software. Bid Management Software is most positively evaluated in terms of "Customer Service" but falls behind in "Value For Money".