Quintiq Shatters Records in 2013

PR56149

'S-HERTOGENBOSCH, The Netherlands /PRN=KYODO JBN / --

    Continued global expansion and 26% revenue growth amongst the highlights of

a successful year for the leader in supply chain planning and optimization

    Quintiq [http://www.quintiq.com ], a global leader in supply chain planning

and optimization (SCP&O), announced today it achieved a record level of revenue

in 2013. Driven by global expansion and 26% revenue growth, Quintiq's approach

to SCP&O, which broke a number of world records in 2013, is setting the

standard for the supply chain industry.

    (Logo: http://photos.prnewswire.com/prnh/20130328/606756 )

    In what was a banner year, a number of accomplishments fueled Quintiq's

success:

    - Record revenue and rapid growth - Despite the volatile global economy,

FY2013 saw Quintiq achieve record revenue of $100M,* representing 26% growth,

and secure 65% pipeline growth, positioning the company for even greater

success in 2014. Quintiq is the fastest growing SCP&O vendor among the top

players, enjoying five times the average overall market growth. Based on its

global market share, Quintiq was ranked the fourth largest SCP&O company by

technology advisory firm Gartner.**

     - Setting world records - Quintiq created optimization solutions for the

Vehicle Routing Problem with Time Windows benchmarks, setting three world

records [

http://www.quintiq.com/news-2013/quintiq-shatters-four-world-records-for-logistics-optimization.html

] .*** Quintiq set 106 additional world records in solving the Flexible Job

Shop Scheduling Problem

[http://www.quintiq.com/optimization/fjssp-world-records.html ].

     - Global expansion - Quintiq relocated its headquarters in the Netherlands

to accommodate increasing business demand. The company also opened new offices

in Stockholm, Sydney [

http://www.quintiq.com/news-2013/quintiqs-global-expansion-continues-with-opening-of-sydney-office.html

] , and Seoul [

http://www.quintiq.com/news-2013/quintiq-opens-new-office-in-seoul-south-korea.html

], expanding its global footprint to 16 locations. In 2013, Quintiq hired 122

people, bringing the number of full-time employees to over 720.

     - Customer wins - The addition of significant customer agreements fueled

the company's momentum. Notable wins include SSAB [

http://www.quintiq.com/news-2013/swedish-steel-producer-selects-quintiq-optimize-supply-chain-planning.html

] , a leading producer of high-strength steel; Tribotecc GmbH [

http://www.quintiq.com/news-2013/tribotecc-chooses-quintiqs-platform-to-improve-visibility-and-increase-productivity.html

] , the leading manufacturer of sulfides worldwide; skyguide [

http://www.quintiq.com/news-2013/swiss-air-navigation-service-provider-to-increase-efficiency-and-reduce-costs.html

] , air traffic control for Switzerland and adjacent airspace; Severstal [

http://www.quintiq.com/news-2013/severstal-signs-agreement-to-optimize-performance-of-its-operations-in-cherepovets.html

] , a top steel producer in Russia; Lafarge [

http://www.quintiq.com/news-2014/lafarge-has-selected-quintiq-to-optimize-its-supply-chain-around-the-world.html

] , a world leader in building materials; ASAS Alueminyum [

http://www.quintiq.com/news-2014/asas-aluminyum-selects-quintiq-for-greenfield-plant-optimization.html

] , a leading aluminum extrusion company in Turkey; and Amy's Kitchen [

http://www.quintiq.com/news-2013/amys-kitchen-selects-quintiq-to-optimize-planning-and-scheduling-processes.html

] , a leading producer of natural, organic convenience and frozen foods.

     - Awards - Quintiq received a number of awards in 2013 validating its

technology and corporate culture. This included selection by Deloitte, ING, the

Confederation of Netherlands Industry and Employers and TiasNimbas Business

School as one of the Netherlands' Best Managed Companies [

http://www.quintiq.com/news-2013/quintiq-selected-list-best-managed-companies.html

]; a Best Place to Work in Philadelphia [

http://www.quintiq.com/news-2013/quintiq-selected-as-philadelphias-best-places-work.html

] , awarded by the Philadelphia Business Journal; and Technology Company of the

Year [

http://www.quintiq.com/news-2013/quintiq-named-technology-company-of-the-year-at-pact-enterprise-awards.html

] at the Greater Philadelphia Alliance for Capital and Technologies Enterprise

Awards.

     - "The Missing Piece of the Profit Economy" - Dr. Victor Allis, CEO of

Quintiq, delivered an industry-defining presentation [

http://gartner.mediasite.com/Mediasite/Play/2dcf5936359e4c99ae5385c73a359e3a1d

] at Gartner's Supply Chain Executive Conference in Phoenix, Ariz., explaining

why companies need to move beyond ERP and use software that enables them to

control their future and uncover hidden profit potential. The presentation was

later delivered by Dr. Allis and Arjen Heeres, COO of Quintiq, at Gartner's

Supply Chain Executive Conferences in Australia

[http://www.gartner.com/technology/summits/apac/supply-chain ] and England

[http://www.gartner.com/technology/summits/emea/supply-chain ] respectively.

     "Quintiq is off to a great start in 2014 having just been selected by

Frost & Sullivan for a Global Customer Value Leadership Award. Most large-sized

SCP&O solution providers address operational complexities across several

industries; however, they often miss the nuances and industry applications that

are unique to the supply side of process industries," said Frost & Sullivan

Senior Industry Analyst Naveen Kumar Ramasamy. "Quintiq plugs this gap with the

Quintiq technology platform and maintains a high degree of flexibility between

standardization and customization, with its architecture built in a way that

the platform can be customized without any disturbance to the underlying

layers," noted Kumar. "In addition, Quintiq's comprehensive customer support

services program enables its customers to reap high returns on investment."

    "We built upon and solidified our leading market position, and I am proud

of the records we achieved in our 16th year," said Victor Allis, CEO of

Quintiq. "Customers from diverse industries around the world are creating

competitive advantage and achieving new levels of performance and efficiency

with our planning and optimization software. With Quintiq, companies can

embrace what makes their business unique and help them achieve their business

goals with least cost and highest performance result."

     * Financial results are unaudited.

     ** Gartner Market Snapshot: Supply Chain Management Software, Worldwide,

2012, Chad Eschinger, Yanna Dharmasthira, Chris Pang, 2 May 2013.

     ***

http://www.sintef.no/Projectweb/TOP/VRPTW/Homberger-benchmark/1000-customers/ .

SINTIF, 2013

     About Quintiq

     Every business has its supply chain planning puzzles. Some of those

puzzles are large. Some are complex. Some seem impossible to solve. Since 1997,

Quintiq has been solving each of those puzzles using a single supply chain

planning & optimization software platform. Today, approximately 12,000 users in

over 80 countries rely on Quintiq software to plan and optimize workforces,

logistics and production. Quintiq has headquarters in the Netherlands and the

USA, and offices around the world.

    For more information, visit http://www.quintiq.com or follow Quintiq on

Twitter [https://twitter.com/Quintiq ], Facebook

[https://www.facebook.com/Quintiq ], LinkedIn

[http://www.linkedin.com/company/quintiq ] and YouTube

[http://www.youtube.com/user/channelquintiq ].

       Press Contacts:

       North America Enquiries

       Jon Temerlies

       Racepoint Global

       Tel: +1-202-349-0859

       Quintiq@Racepointglobal.com

       EMEA Enquiries

       Charlotte Poh

       Global Marketing Communication Manager

       Tel:+31(0)736910739

       pressrelease@quintiq.com

Source: Quintiq