ORTEC was founded on April 1st, 1981 by five innovative thinkers. These Econometrics students at Erasmus University Rotterdam believed the mathematical theories and algorithms they worked on could be practically applied to significantly improve business performance. Bonding over coffee, table soccer (‘foosball’) and Monopoly, they shared ideas and solved business problems. Combining their algorithm and programming knowledge they created ORTEC and soon secured their first customer…a large Dutch retailer, Schuitema.
Today, seven of the world’s top 10 retailers are ORTEC customers. Two of those founders, Aart van Beuzekom and Gerrit Timmer, still work side by side today as CEO and CFO. Their global team includes many PhDs and professors in Econometrics and Applied Mathematics – 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.