Quintiq marks significant presence with the official launch of its Global Development Centre and Regional HQ for South East Asia
November 02, 2010 | Kuala Lumpur, Malaysia
Quintiq, a global leader in delivering Advanced Planning and Scheduling; and Supply Chain Planning business software solutions today launched its Global Development Centre and Regional HQ for South East Asia. The event was officiated by Yang Berhormat Dato' Mukhriz Mahathir, Deputy Minister of International Trade and Industry. Also present at the event was Dr Victor Allis, Chief Executive Officer of Quintiq.
Speaking at the event, Dato' Mukhhriz said, "The Malaysian government has continuously aligned its focus and economic strategies in attracting higher value-added investments in contributing to the long-term development of the economy and to creating higher paying jobs. It is for this reason that the Government applauds the efforts of multinationals like Quintiq in not only creating an avenue for local talents to explore and grow in niche technology markets but also in offering the tools for companies to improve their productivity and achieve economies of scale."
With its headquarters located in the U.S. and the Netherlands, as well as other subsidiaries in Australia, China, Finland, Germany, Italy and the United Kingdom, Quintiq is a global leader in providing advanced planning, scheduling and supply chain management software solutions. The company, established in 1997, offers and implements software for planning and optimizing complex business processes across the enterprise.
Quintiq systems are implemented in 74 countries worldwide. Its customers are all benefiting from the software through tangible results seen in amongst others, operational efficiency and productivity improvement; increase in delivery performance and inventory reduction. Malaysian based clients who've reaped the benefits of its business software solutions include DHL and LSG Sky Chefs Brahim Sdn Bhd.
"Quintiq is no stranger to Malaysia. We've been operational in this part of the world since 2007. To date, Quintiq has invested approximately RM50 million in its operations in Malaysia with more investments expected to continue moving forward. Today, with the official launch of Quintiq's offices, we're glad to announce plans to invest close to RM100 million over the next 3 years in expanding our operations right here in Malaysia", said Dr Victor Allis, CEO of Quintiq.
He added, "Though our market reach spans over 74 countries worldwide, our primary business focus for Malaysia is not only limited to its functions as the regional head office for South East Asia but also as the Global Development Centre. We do not only address the growing market opportunities throughout the region but we also develop Quintiq's industry solutions and deliver projects for customers all over the world. Put simply, that's how significant our operations are right here in Malaysia."
In less than 4 years now, the Company has employed more then 100 people here in Malaysia and this number is expected to increase to over 130 by the end of 2010. Quintiq expects to grow to 300 people by 2013 with greater emphasis in recruiting local talents.
Through the setup of its new offices, the Company continues to augur well in striking a perfect work-life balance. Designed with the employee in mind, this employer of choice hopes to continue its ability in retaining talents as it has achieved over the years.
Quintiq's investment to-date has certainly benefited the country, particularly in terms of knowledge and technology transfer, high-level employment opportunities and even through skills and human capital development. Increasingly, the Company sees Malaysia as a very important market for its growth strategy and will continue to invest in strengthening its competencies here in Malaysia.
With the expansion roadmap set for its Global Development Centre and its Regional HQ for South East Asia, Quintiq sees a growing potential for more companies in Malaysia to reap the benefits of taping on to its rich and diverse expertise in servicing multiple clients internationally. More so with the Prime Minister's clarion call for more companies to invest in technology to be globally competitive.
Quintiq provides advanced planning, scheduling and supply chain management software solutions. This fast-growing company, established in 1997, offers and implements software for planning and optimizing complex business processes throughout the enterprise. The company's headquarters are located in The Netherlands, regional HQ in Philadelphia, USA and with subsidiaries in Australia, China, Finland, Germany, Italy, Malaysia and the United Kingdom. Quintiq systems are implemented in 74 countries worldwide. More at www.quintiq.com
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