ORTEC Strengths, Domain Expertise, and Key Differentiators
ORTEC's comprehensive suite of products and services encompasses optimized fleet routing, vehicle and pallet loading, workforce scheduling, delivery forecasting, logistics network planning, and warehouse control. As a global leader in data-driven decision support, ORTEC combines advanced mathematical expertise with cutting-edge technology to empower organizations in optimizing their business strategies. From business analysis and data analytics to mathematical modeling and optimization technology, ORTEC's solutions drive efficiency, adaptability, effectiveness, and sustainability across diverse industries.
The ORTEC Workforce solution suite encompasses ORTEC Workforce Planning, ORTEC Workforce Scheduling, and ORTEC Service Planning. These modules offer flexible implementation options, allowing businesses to deploy them individually or in combination, tailored to their specific operational requirements.
ORTEC Recent Developments
In September 2021, ORTEC introduced Optec Inventory Routing 12, offering clients enhanced outcomes through the integration of order forecasting, generation, and route optimization with real-time execution and dispatch capabilities. This latest release incorporates innovative features driven by customer feedback and insights from the broader operations research field.
In July 2020, ORTEC unveiled ORTEC for Field Service, a cutting-edge cloud-native solution leveraging three decades of field service planning expertise. By integrating ORTEC's superior schedule optimization capabilities, this platform empowers service organizations to adapt swiftly to dynamic business landscapes. ORTEC for Field Service enables real-time schedule adjustments, ensuring optimal resource allocation even amidst emergent or time-sensitive work demands.
In June 2020, ORTEC launched ORTEC Shift Creation, a cloud-based application designed for strategic and long-term workforce planning. Tailored to businesses with volatile staffing needs, such as airports, warehouses, call centers, retailers, and healthcare facilities, this solution facilitates efficient shift scheduling months in advance. ORTEC Shift Creation streamlines planning processes, ensuring optimal workforce allocation while adhering to labor regulations, skill sets, and organizational requirements.
ORTEC Mergers and acquisitions (M&A) Activities
In January 2023, ORTEC unveiled a strategic alliance with investment powerhouse Battery Ventures, aimed at propelling its growth trajectory. This transformative collaboration, underpinned by a substantial infusion of capital from Battery Ventures, represents a pivotal juncture in ORTEC's corporate journey, poised to fortify the company's footprint within its core markets on a global scale while enhancing its value proposition to clientele.
ORTEC Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying ORTEC applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of ORTEC and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified ORTEC Workforce Planning, ORTEC Workforce Scheduling, ORTEC Service Planning customers.
ORTEC Overview
Ownership: - x
Number of Employees: 1100
Functional Market: Scheduling,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, State and Local Government, Public Safety, Healthcare, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
ORTEC Key Cloud and HCM Applications
ORTEC Workforce Planning, ORTEC Workforce Scheduling, ORTEC Service Planning
ORTEC HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
ORTEC Revenue Breakdown by Type:
ORTEC HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
ORTEC HCM Applications Revenues By Verticals, $M:
ORTEC Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
ORTEC Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
ORTEC Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified ORTEC Customers
No. of ORTEC Customers: 1200
No. of ORTEC HCM Applications Customers: x
No. of ORTEC Cloud HCM Customers: x
No. of ORTEC Cloud HCM Subscribers: x
ORTEC operates across various industries, providing strategic, tactical, and operational enhancements to its clientele. Among its diverse array of customers are industry leaders such as Walmart, Bayer, Kraft, Heineken, Tesco, Engen, Arla, Aquila, Attendo, Carrefour Italy, DPG Media, Martini Hospital, Henkel, Fire Brigade Rivierenland, and numerous others.
ORTEC Market Opportunities, M&A and Geo Expansions
In collaboration with Battery, ORTEC will introduce three new divisions dedicated to logistics and routing solutions, workforce management solutions, and data science and consulting. Leveraging their expertise, experience, and network, ORTEC is poised to catalyze innovation, broaden market penetration, and deliver heightened value to customers, presenting a significant growth opportunity.
In March 2021, ORTEC named Marijn Deurloo as Chief Product Officer (CPO) with a focus on bridging business and technology internally and externally. Deurloo aims to drive the development of market-driven scalable solutions to facilitate ORTEC's further expansion. Preceding this appointment, in 2020, Patrick Hennen was appointed as Chief Technology & Innovation Officer (CTO) and an Executive Team member. Hennen's role entails enhancing technology and innovation across ORTEC globally, in collaboration with key customers and technology partners.
ORTEC Risks and Challenges
The future prosperity of the company hinges upon ORTEC's adeptness in crafting products that strike a balance between broad applicability across diverse market segments and tailored specificity to meet individual customer or market needs.
ORTEC Ecosystem, Partners, Resellers and SI
In July 2021, Airport Intelligence, the consulting subsidiary of Brussels Airport, initiated a strategic partnership with ORTEC. This collaboration seeks to enhance airport processes globally, with a focus on improving both passenger experience and operational efficiency.
ORTEC maintains robust affiliations with both academia and business and technology partners. These strategic collaborations play a pivotal role in augmenting their service offerings. Business partners contribute by providing education and training in data science for clients, supporting young professionals in their career beginnings, and fostering awareness of the digital landscape's possibilities. Notable partners include Microsoft, AIMMS, Here Technologies, C3.ai, Digital Shapers, The Analytics Academy, and others.
ORTEC Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- ORTEC Public Cloud and Infrastructure (IaaS)
- ORTEC Platform (PaaS)
- ORTEC Application Delivery
- ORTEC Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
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