Dynadec and SAT AG Announce New Partnership
Companies to Develop Game Changing Solutions by Combining Optimization with Simulation
Providence, R.I., December 15th, 2009 – Dynadec, developer of next-generation optimization technology, today announced that it has entered into a partnership with Germany-based SAT AG, a leading consulting organization focused on simulation-based complexity management. Dynadec, spun out of Brown University’s acclaimed Optimization Laboratory, was founded by Pascal Van Hentenryck in 2007. Van Hentenryck is widely acknowledged as one of the world’s leading optimization experts, as well as the founding father of constraint programming.
Dynadec develops optimization solutions based upon its patented software platform, COMET™. The company, which has offices in Providence, RI and Louvain-La-Neuve, Belgium, prides itself on combining it’s award winning platform, with world class operations research expertise. The world’s most comprehensive software platform for solving complex optimization problems, COMET combines multiple optimization technologies into a single, integrated development environment. COMET based solutions solve complex operational problems in a wide array of areas including dynamic logistics, workforce scheduling and planning, and supply chain optimization.
SAT AG prides itself on making its customers more competitive by providing the systematic application of the most advanced simulation and optimization technologies for executive decision support in all industrial areas. The company’s deep expertise in this critical area, when combined with the award winning COMET platform from Dynadec, create a unique opportunity for customers to benefit from the combined power of optimization and simulation.
“We are excited by the possibilities presented by our new arrangement with SAT AG”, said Pascal Van Hentenryck, Dynadec’s founder and CEO. “It is clear that today’s dynamic enterprises can generate significant operating leverage by combining simulation with optimization. SAT AG has a strong track record delivering value to its customers, and we look forward to working with them as they continue to implement simulation-based optimization tools for their customers.”
Dr. Thomas Arzt, SAT AG’s CEO said: “We have tremendous respect for the team and technology at Dynadec. Solutions based upon the COMET platform give organizations the ability to improve decision-making under uncertainty, which is something revolutionary in the field of optimization. We believe this highly differentiated approach represents a tremendous opportunity for our customers to generate significant cost savings and game changing results as the core engine of our methodology SAT Simulation-based Complexity Management.”
About SAT AG
SAT Simulations- und Automation-Technologie AG, headquartered in Freiburg, Germany, is a worldwide operating simulation and optimization consulting company dedicated to the systematic application of Discrete Event Simulation, System Dynamics, Agent-Based Modeling, and optimization techniques. For more information, visit www.sat-ag.com.
About Dynadec
Dynadec develops next-generation business decision optimization solutions that help enterprises solve their most challenging and complex operational problems. Dynadec’s hybrid optimization solutions for workforce planning and scheduling, production planning and scheduling, and supply chain optimization are based on the company’s COMET™ platform, which includes patent-pending dynamic stochastic combinatorial optimization algorithms developed by world-renowned optimization expert Pascal Van Hentenryck, Dynadec’s founder. COMET enabled solutions are used by enterprises in a variety of industries including Retail, Transportation, Aerospace & Defense, Healthcare and Energy. For more information, visit www.dynadec.com.
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For more information, contact:
Rob Williams
Dynadec
(401) 441-5308
rwilliams@dynadec.com