ORTEC, a Dutch-based company that specializes in the area of advanced planning and management-support systems, has been in business for 25 years. Since being officially founded in April 1981, its turnover has increased to 38 million euroâs (46 million dollars) in 2005. In 25 years, the business has grown to 500 staff worldwide, spread over eight offices with about 800 clients.
ORTEC has had strong ties to the academic world since the early days. Guus Boender and Gerrit Timmer, both co-founders and directors of ORTEC, are connected with the VU University Amsterdam as professors of Asset Liability Management and Business Econometrics, respectively.
âThere is increasing worldwide demand for more efficiency and management information to make well-founded decisions. At ORTEC, we have successfully anticipated this. We have won the trust of large and small businesses with our unique combination of scientific knowledge and ICT,â according to Timmer.
âThe increasing insight that investing is not an objective in itself but involves liabilities, and the stricter legislation means institutional investors must justify and monitor their decisions more effectively. Our advanced models have been primarily aimed at this integral decision-making from the early beginning. ORTEC is therefore excellently prepared for anticipating the changing market conditions over the next 25 years,â Boender remarked.
ORTEC often develops its business-specific solutions into standard products. Aart van Beuzekom, co-founder and director of ORTEC, follows: âORTEC will continue to grow in the future by anticipating the demand for integrated systems. As an independent party, we link our optimization components with solutions and platforms from various providers. ORTEC has great potential for penetrating new international markets and will make full use of this.â
On a global scale, ORTEC deals with sectors such as transport and distribution, general and technical services, healthcare, industry, pension funds, housing corporations and insurers. Organizations use ORTEC solutions for personnel planning, route planning, production planning, loading optimization, performance evaluation, risk management and asset liability management. ORTEC also delivers consultancy services to various multinationals in the aviation and transport sectors and the oil- and gas industry.