Quintiq

{{Short description|Dutch software company}}

{{Redirect|QUILL|other uses|Quill (disambiguation)}}

{{Infobox company

| name = Quintiq

| type = Private

| foundation = 1997

| founder = Victor Allis,{{Cite news|last=Bryant|first=Adam|date=2014-06-07|title=Stumped? Invoke the 5-Minute Rule|language=en-US|work=The New York Times|url=https://www.nytimes.com/2014/06/08/business/victor-allis-on-the-five-minute-rule.html|access-date=2020-06-26|issn=0362-4331}} former CEO

| location = 's-Hertogenbosch, Netherlands.

| industry = Software

| revenue = Undisclosed

| num_employees = 1,000

| homepage = [https://www.3ds.com/products-services/delmia/products/delmia-quintiq/]

}}

Quintiq is a Dutch company that develops planning, scheduling and supply chain optimization software. The company is headquartered in 's-Hertogenbosch and its North American headquarters are in Radnor, Pennsylvania. As of October 2014, the company is known as DELMIA Quintiq.

History

The company was founded in 's-Hertogenbosch (Den Bosch) in September 1997 by former Bolesian employees including Dr. Victor Allis. Allis and several colleagues initially began developing a scheduling application for an aluminum manufacturer as a side project. It was offered first to Allis's then-employer, but Bolesian was not interested.{{cite journal|title=Quintiq: The planning puzzle|journal=Exceptional Magazine|date=January 2014|url=http://www.ey.com/GL/en/Services/Strategic-Growth-Markets/exceptional-january-2014---quintiq|access-date=5 October 2015}} 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.{{cite web|title=Quintiq Supply Chain Planning Software Review [page 1]|url=http://www.allsupplychain.com/quintiq-review.php|website=allSupplyChain.com|access-date=5 October 2015|date=2011}} Preparing the software for sale to as wide a variety as possible of corporate customers took two years of development.

Quintiq sold its software to a client for the first time in 1999.

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.

Later in 2014, Quintiq was bought by Dassault Systèmes.{{cite journal|title=Quintiq expertly solving planning puzzles|journal=Airport Business|date=22 October 2014|url=http://www.airport-business.com/2014/10/quintiq-expertly-solving-planning-puzzles/|access-date=5 October 2015}}

Products

Quintiq's Supply Chain Planning software has three layers or modules: one based on service-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. Quintiq uses AI pattern recognition to help customers manage their supply chain logistics. 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.{{cite web|title=Quintiq Supply Chain Management Software Review [page 3]|url=http://www.allsupplychain.com/quintiq-supply-chain-review.php|website=allSupplyChain.com|access-date=5 October 2015|date=2011}} 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.{{cite web|title=Quintiq Supply Chain Planning Software Review [page 2]|url=http://www.allsupplychain.com/quintiq-software-review.php|website=allSupplyChain.com|access-date=5 October 2015|date=2011}}{{cite web|title=Quintiq Supply Chain Planning Software Review [page 5]|url=http://www.allsupplychain.com/quintiq-software-strengths.php|website=allSupplyChain.com|access-date=5 October 2015|date=2011}}[needs update]

= Quill =

Quill is a proprietary, object-oriented Fifth-generation programming language with a syntax similar to Java with which programmers configure, customize and write software for Quintiq. It employs features such as quantors to write complex solutions quickly.

Quill is used for scripting in Quintiq; models are designed using a combination of a GUI ("Quintiq Business Logic Editor", Business Logic being the codebase and model) and Quill, rather than being entirely designed and conceived in one formal language.

Locations

In addition to its world headquarters in Den Bosch and its North American headquarters in Radnor, Quintiq has offices in Melbourne, Australia; Shanghai, China; Vantaa, Finland; Düsseldorf, Germany; Rome, Italy; Petaling Jaya, Malaysia; and London, United Kingdom.

Clients

Notable companies and organizations which use Quintiq software include Copenhagen Airport, Danone, international shipping company DHL, the United States Federal Aviation Administration (FAA), Jumbo (supermarket), KLM Royal Dutch Airlines, ThyssenKrupp Steel Europe AG, freight forwarder P&O Ferrymasters, copper recycler Aurubis, and retailer Walmart.{{cite journal|last1=Morris|first1=David Z.|title=Game on: How chess computers became logistics masterminds|journal=Fortune|date=21 August 2015|url=http://fortune.com/2015/08/21/chess-shipping-logistics/|access-date=5 October 2015}}{{Cite web |title=Case Study: Semi-finished copper producer reduces WIP levels by 15% and improves delivery reliability by 20%. [Page 5] |url=https://www.3ds.com/fileadmin/PRODUCTS-SERVICES/QUINTIQ/PDF/Case-Study-PDF/aurubis-stolberg-delmia-quintiq-case-study.pdf |access-date=18 December 2024 |website=Dassault Systèmes}}

Acquisition

On July 24, 2014, Dassault Systèmes announced plans to acquire Quintiq for $336 million.{{Cite news|url = https://www.reuters.com/article/us-dassault-system-results-idUSKBN0FT0OK20140724|title = Dassault to buy planning software provider Quintiq|last = Callus|first = Andrew|date = 24 July 2014|work = Reuters|access-date = 29 July 2014}} The deal was subject to regulatory approval in Germany and Austria. By October 2014, the sale was complete.

References

{{reflist|30em}}

{{Software companies of the Netherlands}}

Category:Software companies of the Netherlands

Category:Supply chain software companies