Engineering Firms Choose Costimator for Should Cost Software

WEST SPRINGFIELD, MA – July 09, 2013 – MTI Systems, Inc, leading provider of cost estimating software (Costimator) and a provider of estimating services (Should Cost Estimating Service), today announced that 3 leading global engineering service providers - Deloitte Consulting, Wipro Ltd. and Geometric Global - have all deployed the company's Costimator cost estimating software. While Costimator can be used for wide variety of estimating needs, they selected it to support the product cost analysis needs of their manufacturing clients.

Deloitte Consulting helps companies build a lasting competitive advantage at every level of their operations, from product development, planning and sourcing to manufacturing, logistics and distribution. One of the world's largest management consulting firm, the company helps organizations build value by uncovering insights that create new futures and doing the hard work to improve performance.

Wipro is a leading Information Technology, Consulting and Outsourcing company that delivers solutions to enable its clients to do business better. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation and an organization wide commitment to sustainability; Wipro has over 140,000 employees and clients across 54 countries.

Geometric is a leading specialized engineering solutions provider, with extensive experience in product engineering, manufacturing engineering, product lifecycle management (PLM), and outsourced product development company, serving Aerospace & Defense, Automotive, Heavy Engineering, High-tech, Machine Tool, Off-highway, Oil & Gas, Software Products.

"One of the recent trends in the area of cost estimating is the outsourcing of this work by OEMs," remarks David LaJoie, VP Sales for MTI Systems. "The consulting and engineering firms that provide this critical service need cost estimating software that contains proven, real world manufacturing data. Costimator contains over 30 years of cost modeling data that mainly comes from our 1,500 supplier customers. This gives our OEM and Engineering customers the confidence that the cost estimates they generated will be reliable and defendable, which is key when developing a should cost estimate."

Costimator databases ship with industry validated cost models that support the cost estimating of a wide variety of commodities, including all forms of machined, fabricated and plastic manufactured components and assemblies. MTI Systems' products and services supports the cost estimating needs and requirements of companies in a multitude of industries, including automotive, aerospace, electronics, heavy equipment, medical and consumer products.