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IHS Markit
Overview
IHS Markit, founded in 1998 and based in the United States, operates within the Business Services industry and employs over 10,000 individuals. The company specializes in providing data and analysis across various sectors, focusing on delivering insights that support business decision-making. A notable offering from IHS Markit is the QUE$TOR application, which includes benchmarking analysis reports that assess project cost estimates in relation to global market changes. The QUE$TOR Benchmarking Analysis Report published in May 2025 highlights the variations in average total costs for project types, both offshore and onshore, across different regions, indicating a range of cost changes influenced by factors such as drilling costs. The report also discusses currency trends impacting project costs, providing users with a comprehensive understanding of economic conditions affecting their projects. Overall, IHS Markit’s documentation emphasizes its commitment to delivering analytical tools and insights that aid organizations in navigating complex market environments.