| Company type | Private |
|---|---|
| Industry | Software |
| Founded | 1997 |
| Founder | Victor Allis,[1] formerCEO |
| Headquarters | 's-Hertogenbosch,Netherlands. |
| Revenue | Undisclosed |
Number of employees | 1,000 |
| Website | [1] |
Quintiq is a Dutch company that develops planning, scheduling andsupply chain optimization software. The company is headquartered in's-Hertogenbosch and its North American headquarters are inRadnor, Pennsylvania. As of October 2014, the company is known asDELMIA Quintiq.
The company was founded in 's-Hertogenbosch (Den Bosch) in September 1997 by former Bolesian employees including Dr.Victor Allis.[2] Allis and several colleagues initially began developing a scheduling application for an aluminum manufacturer as a side project.[3] It was offered first to Allis's then-employer, but Bolesian was not interested.[4] Because the software they developed was highly configurable, and thus of use to many other types of companies, it was decided that a new firm should be created around the software.[3] Preparing the software for sale to as wide a variety as possible of corporate customers took two years of development.[4]
Quintiq sold its software to a client for the first time in 1999.[4]
In 2011, two investment firms,LLR Partners Inc. and NewSpring Capital Ventures LP, bought into Quintiq, giving them a 48% stake in the company's ownership.[3]
Later in 2014, Quintiq was bought byDassault Systèmes.[5]
Quintiq's Supply Chain Planning software has three layers or modules: one based onservice-oriented architecture, with both optimization and planning management features; one that provides a variety of different templates for use in different industries; and one customized for each Quintiq customer.[6] Quintiq usesAIpattern recognition to help customers manage their supply chain logistics.[4] Other features of the software include adaptive capacity planning, automated real-time scheduling, a multi-function company planner, a multi-scenario macro planner, materials management tools, and proprietary algorithms for coordinating production with customer orders.[7] Competitor software is more robust in a number of specific areas, and for this reason some Quintiq users employ both Quintiq software and competitors' products in a hybrid approach to supply chain management.[6][8][needs update]
Quill is a proprietary,object-orientedFifth-generation programming language with a syntax similar toJava with which programmers configure, customize and write software for Quintiq. It employs features such asquantors to write complex solutions quickly.
Quill is used for scripting in Quintiq; models are designed using a combination of aGUI ("Quintiq Business Logic Editor", Business Logic being the codebase and model) and Quill, rather than being entirely designed and conceived in oneformal language.
In addition to its world headquarters in Den Bosch and its North American headquarters in Radnor, Quintiq has offices inMelbourne, Australia;Shanghai, China;Vantaa, Finland;Düsseldorf, Germany;Rome, Italy;Petaling Jaya, Malaysia; andLondon, United Kingdom.[3]
Notable companies and organizations which use Quintiq software includeCopenhagen Airport,Danone, international shipping companyDHL, the United StatesFederal Aviation Administration (FAA),Jumbo (supermarket),KLM Royal Dutch Airlines, ThyssenKrupp Steel Europe AG, freight forwarder P&O Ferrymasters, copper recyclerAurubis, and retailerWalmart.[5][3][2][9]
On July 24, 2014,Dassault Systèmes announced plans to acquire Quintiq for $336 million.[10] The deal was subject to regulatory approval in Germany and Austria. By October 2014, the sale was complete.[5]