ATLANTA, GA., March 16, 2016 (GLOBE NEWSWIRE) -- ORTEC announced it won the 2016 Mathematics Olympiad for Businesses, an annual competition held in the Netherlands. Represented by Erik van Holland, Remco Tukker and Wouter Kool, the ORTEC team of operations research and software engineers earned first place competing against much larger companies such as global consulting giant Deloitte and widely respected international banks ABN AMRO, and ING.
"We are honored to win this prestigious award," stated ORTEC Executive Partner Bobby Miller. "Our team of consultants, data scientists, operations research engineers and software engineers share a passion for innovation and measurable results. We are honored to accept this award as we celebrate our 35th anniversary of helping customers transform their business."
Celebrating 35 Years of Innovation
A highly innovative company, ORTEC recruits the brightest mathematics and engineering talents keeping ORTEC at the forefront of mathematical modeling, optimization and analytics. ORTEC was founded in 1981 by five Econometrics students at Erasmus University Rotterdam on the premise that mathematical theories and algorithms could be practically applied to significantly improve business performance. Two of those founders continue to grow the business, Aart van Beuzekom and Gerrit Timmer, as CEO and CFO. Their global team includes many PhDs and professors – all devoted to innovation and the success of every customer – providing world class technology and consulting services.
Optimizing the performance of the most iconic businesses in the world, including Coca-Cola, Shell and Walmart, has earned ORTEC the respect of industry leaders globally. ORTEC received the prestigious Franz Edelman Award for achievement in operations research along with express service provider TNT Express and was runner up for the Franz Edelman Award for supply chain optimization and change management with Coca-Cola. DPDgroup and ORTEC also won the 2015 Technology Award at the World Mail Awards for making business evolve through technology.
About ORTEC
ORTEC is one of the world's leaders in optimization software and analytics solutions. We make your business more efficient, more predictable and more effective. ORTEC develops stand-alone, custom-made and SAP® embedded advanced planning and scheduling software, optimizing fleet routing & dispatch, pallet & space loading, workforce scheduling, warehouse control, delivery forecasting and supply chain network planning. ORTEC has over 1,750 customers worldwide, 700 employees and offices in Europe, North America, South America and the Pacific Region.