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The corona crisis has had far-reaching consequences for society. Not only with respect to the healthcare sector, as well businesses had to adjust its world view overnight. According to ORTEC’s Gerrit Timmer, mathematics can be of great value in turbulent, uncertain times. “Especially when it comes to significant disruptions, you need analytics to determine their effect. Only then you can calculate which measures will be the most effective.”
Over the years, we’ve built up strong ties with the academic world. In our collaboration with the universities, we demonstrate to the students how ORTEC solutions work in real life and share our experience on various topics we work with on a daily basis.
January 2021
Today’s wealth of available data and arsenal of analysis tools allow boardrooms to make more informed decisions, with AI and new technologies helping administrators to chart a course, get to the bottom line of scenarios and create value. However, Hans Spaan, Associate Director at ORTEC Data Science and member of Supervisory Boards, believes that technology alone won’t do the trick. Good governance and supervision require a keen eye from the outside-in, the ability to translate what is happening in the world to one’s own company, and cross-industry insight and understanding. First and foremost, however, they require vision.
This article on Governance & Supervision is the second part of our series on Data and AI in the Boardroom and is powered by Hans Spaan, Associate Director at ORTEC Data Science and member of Supervisory Boards.
Producing consistent quality blends in a cost-effective manner presents several challenges when working with natural ingredients. Which ingredients to buy, in what quantity, from which vendor, at which moment in time? Where to transport the ingredients after they have been purchased, and finally how to optimally blend the ingredients to ensure quality?
ORTEC utilizes the power of data and mathematics to deliver tailored blending solutions which offer cost-effective decision support on operational, tactical & strategical level, resulting in the overall best supply chain outcome. Watch the video for a short demonstration of the functionality and benefits offered.
Data can tell you a lot, but you have to be willing to listen, says Frans van Helden, managing director at ORTEC Consulting. This requires a mindset shift. Since the amount of data at disposal has increased significantly, board members should also continue to evolve in how they leverage data to make decisions. “You can’t automate everything, but you can scratch your head when you don’t have the data you need. In that case, you should ask yourself why you don’t have those data and what that says about the fundamentals of your decision.” Making better decisions is the essence of being ‘data-driven’, also in the boardroom.
This article on digital strategy is the first installment in our series on Data and Artificial Intelligence in the Boardroom and was made possible by Frans van Helden, Managing Director at ORTEC Consulting.
Every year, nearly 160 million people worldwide are affected by natural disasters such as earthquakes, hurricanes, and floods. Thanks to data, an increasing number of natural disasters can be predicted, enabling people to safely evacuate in time. This way, data can make an enormous difference in the impact of disasters on the lives of many. Also, funds are often distributed only after a disaster occurs and the impact is assessed. If the impact of a disaster can be predicted, funding and humanitarian aid can be provided in advance to the people most in need. ORTEC contributes by co-operating with a Dutch data initiative of the Red Cross.
In 2019, ORTEC started a relationship with Amref Flying Doctors, owned by Amref Medical & Research Foundation. Amref is working on a healthy, strong Africa by educating medical professionals, offering basic care and counseling. ORTEC helps Amref to increase their impact on African health care by optimizing their business processes, making their projects quantifiable and the outcome of these projects more visible. Patricia Vermeulen, CEO at Amref Flying Doctors NL: “There are many parties that offer their help, but they don’t always fit.”
Zoetermeer, Netherlands Amref Flying Doctors and ORTEC decided to increase their impact together by extending their partnership in 2021. This partnership combines the expertise of both parties to improve the quality and efficiency of healthcare and stimulate innovation in Africa. Supporting Amref Flying Doctors in their mission to contribute to better health for especially girls and younger women in Africa is a valuable step for ORTEC in bringing to live our purpose to improve the world using our passion for mathematics.
At ORTEC, our mission is to “improve the world with our passion for mathematics.” Therefore, we continuously focus on how we can help our customers become more sustainable. A good example of how ORTEC’s data-driven approach can help is by accelerating the integration of electric vehicles in your daily operations. This article discusses the application of such vehicles in the aviation market. It shares insights from our ongoing research into zero-emission airport operations. In particular, we will discuss how scheduling algorithms can be used to plan the operation of electric push-back trucks more effectively.
The success of a digital transformation depends on driving change in the organization. The series Five Ways to Translate Data into Better Decision-Making has covered the five components that are crucial for approaching change value-driven, instead of technology or data-driven.
Get briefed with the full series coming together in a dynamic infographic.