EasyKost to cost easy
February 16, 2022

EasyKost to cost easy

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with EasyKost

We are a big group, and we support a lot of services to our clients. A market full of demands ends up with a variety of visions with even more various solutions. So sometimes it's not easy to estimate each and every product as for most of the products we do not have experienced people and designed matrices from the past experiences. So every time we need to lookup for a subject matter expert with rich experience for cost estimations and unforeseen situations. So it was quite a cumbersome as well time taking process which may lead to a bad impression on client/product owners. So EasyKost comes as a solution for the above-mentioned problem statement, for automating and making easy the whole process of cost estimation of products or services which comes out to be deterministic in all possible ways. It's just a matter of a few seconds. Just we need to provide the rich data and that's all. No need for any expert knowledge of industrial processes.
  • Cost estimation of products.
  • Cost estimation of services.
  • Estimation in case of investments as well.
  • No need of any expert and in-depth knowledge of industries and process.
  • Management of product data.
  • Analytics of pricing.
  • Hyperparameter Tunning is still coming under 5-8% of deviation, this can be optimized.
  • Every time to get the best estimation accuracy of data is expected from the user end, so still, dependency is there.
  • One needs to take care of units every time working on any model, so since it's an AI product hence self-learning of the software is expected which could have some sort of suggestion to make the environment even safer.
  • Cost estimations for products, services and inventories.
  • Generate the interactive analytics and insight altogether.
  • Cost tracking.
  • Generalization of data set to provide insights to the client for future actions.
  • It saved a lot of money and efforts.
  • Accuracy about cost estimation is quite good hence no later on deviations from the commitments and hence imparts a good impression on clients.
  • Since it works on client-owned data irrespective of present over opensource platforms hence the best possible insights are derived which again helped to get a good hold and grasp over the business.
1. Easykost provides a better and reasonable costing with a very nominal deviation.
2. Very Less customization is required in EasyKost.
3. The best part is the algorithm implied, it's the best in performance and provides a predictive environment to work on.
4. Easier to use and handle.
5. Customer support is quite good, always just an email or just a ping away.
6. Easier to deploy and integrate.

Do you think EasyKost delivers good value for the price?


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Well Suited Scenarios :
1. This is a cost estimation product that just needs the exposure of data, in fact, enriched data and after that, not just estimation, a well exhaustive set of insights and analytics can be fetched. Which in turn gives a heads-up to business. So EasyKost is well suited whenever any product needs price estimation and we don't have subject matter expert or industrial knowledge. So, in this case, it comes as the one solution for all problems.'
2. Not only for product cost estimation, this product is well suitable for the service, inventory etc estimation.

Scenarios Where EasyKost is less suitable are:
1. EasyKost is an AI-enabled tool that can only work if we have a sufficient dataset to feed or else we can't control the situation within the accepted deviation and hence that can lead to a fiasco. So in such situation its good to go for subject matter expert or a knowledge expert rather than relying on any such software product