Wouter van de Bunt nominated for appointment to the Supervisory Board

ICT Group N.V. (ICT) today announces the nomination of Mr. Wouter van de Bunt for appointment as member of the Supervisory Board of ICT Group. His nomination made by the Supervisory Board will be on the agenda of the Annual General Meeting of Shareholders of ICT Group on 15 May 2019. At that same meeting the re-appointment of Theo van der Raadt, chairman of the Supervisory Board, will also be on the agenda. This nomination will be for a two year period, in line with the corporate governance code. Mr. Fritz Fröschl, whose second term ends on 15 May 2019, will not be available for re-election.

Wouter van de Bunt (57) was partner at KPMG where he has held several roles in the past 20 years, the latest being Global Head of Mergers & Acquisitions. His focus was on M&A within the national and global Technology, Media and Telecom sector. Prior to KPMG he worked for a number of years at private equity firms and he started his career as an auditor at Ernst & Young.

Theo van der Raadt, chairman of the Supervisory Board of ICT Group: “It is with pleasure that we nominate Wouter van de Bunt for appointment to the Supervisory Board. His extensive experience in the IT sector will be valuable for ICT Group and complement our board. At the same time, I would like to thank Fritz Fröschl for his valuable contribution to the development of the company in the past eight years.”

Wouter van de Bunt will be nominated for appointment for a period of four years until the AGM in 2023. In addition, there will be a proposal to re-appoint Theo van der Raadt, whose second term ends on 15 May 2019, for a two-year period, until the AGM in 2021. This is to ensure sufficient continuity in the Supervisory Board. Both nominations will be made under the condition that the general meeting does not make use of its right of recommendation. After the (re-)appointments, ICT Group’s Supervisory Board will, effective 15 May 2019, consist of the following members: Theo van der Raadt (Chairman), Deepak Luthra, Gina van der Werf and Wouter van de Bunt. Mr. van de Bunt will become member of the Audit Committee.

ICT Group acquires remaining 49% in ICT Mobile – Software propositions consolidated in new entity OrangeNXT

ICT Group N.V. (ICT) announces that it has acquired the remaining 49% of the shares of ICT Mobile B.V. (ICT Mobile) from management. The software solutions of ICT Mobile together with software solutions of other business units within ICT Netherlands will be consolidated into a new entity, OrangeNXT (www.orangenxt.com), to distinct software offerings from the traditional time hire and project activities within ICT.

OrangeNXT focuses on ready to use software solutions, offered as Software as a Service. The plug-and-play cloud platform that connects people, devices and data consists of three solutions. ConNXT provides asset management and predictive maintenance solutions. MobileNXT delivers real-time tracking and tracing support for field service engineers, logistics staff, parcel delivery services and auditors. DigitalNXT helps companies to accelerate their digital transformation. The solutions of OrangeNXT are aimed at the smarter cities and smarter industries segments and cover many industries, from water management to logistics and transportation.

ICT Mobile was established as a start-up in 2016 together with the current management, Huub van der Linden and Jeroen Donkers. Both have a long track record in the Enterprise Mobility market, and will stay on board to lead OrangeNXT, together with director Alliances John Koot. The purchase consideration will be paid in cash. Further financial details will not be disclosed.

Eneco Group and SET Ventures invest in GreenFlux

Leading smart charging company for electric mobility secures EUR 11 million funding to accelerate international expansion

Sustainable energy company Eneco Group and independent investment fund SET Ventures have both acquired a minority stake in Amsterdam-based GreenFlux Assets BV (“GreenFlux”), as part of a total Series B round of EUR 11M. Existing shareholders BOM Brabant Ventures and ICT Group NV also participated in the round. The investment in a leading enabler of electric driving and smart charging supports Eneco Group’s and SET Ventures’ ambitions to accelerate the energy transition by means of technology.

More information is available on the Greenflux website.

Stichting HIV Monitoring Implements ICT Group’s Smart Data System

Data System Based on LogicNets Increases Efficiency in HIV Monitoring

On Monday, February 5, 2018, the Stichting HIV Monitoring (SHM, the Dutch HIV monitoring foundation) implemented a new smart data entry and storage system. SHM developed DataCapTree with the LogicNets Medical Decision Framework, ICT Group’s decision support solution.

DataCapTree collects pseudonymized medical data of people with HIV, which are used by the foundation to monitor the course of the disease and the efficacy of the HIV treatment. SHM’s annual ‘Monitoring Report’ may prompt NVHB (Nederlandse Vereniging van hiv Behandelaren [Dutch Association of HIV-treating physicians]) to change their treatment guidelines. SHM Deputy Director Sima Zaheri is pleased with the new system: ‘The new system facilitates improved data quality, which, in turn, helps us improve our monitoring performance. We intend to use this tool to further strengthen our commitment to better care for people with HIV.’

‘We have a predefined protocol in place to guide SHM data collection staff through the data entry process. In our old system, our data collection team performed these tasks based on steps they had memorized. This dependency on their memory made the system prone to differences in interpretation and errors, resulting in time-consuming quality checks,’ says Sima Zaheri, explaining the difference between the old and the new system. ‘Our new LogicNets-based system provides our data collection staff with smart support, guiding them through a structured process. It also signals incomplete or erroneous input values, offering support every step of the way.’

Following extensive market analysis, SHM selected ICT Group’s LogicNets solution in May 2016. The deciding factors were the protocols’ modularity, the system’s decision support, integration options with other software, and flexibility. Zaheri: ‘We didn’t want to have to change systems too frequently. Our foundation is small compared to the significant costs such changes often involve. With DataCapTree we are prepared for the future.’ Our focus for the next six months will be on further implementing and fine-tuning the system. SHM’s long-term goal is to explore the world of automated data entry.

About SHM
Stichting HIV Monitoring (SHM) makes an essential contribution to healthcare for HIV-positive people in the Netherlands. Working with all HIV treatment centers in the Netherlands, SHM systematically collects coded medical data from all registered HIV patients. SHM uses these data to produce center-specific reports that allow HIV treatment centers to optimize their patient care and obtain formal certification. SHM’s data also form the basis for the yearly HIV monitoring report and are used in HIV-related research in the Netherlands and internationally. The outcome of SHM’s research provides tangible input into HIV care and prevention polices in the Netherlands.For further information about SHM, please visit their website: http://www.hiv-monitoring.nl/english/

About ICT Group N.V.
ICT Group N.V. is a leading industrial technology solutions and services provider. Our specific industry knowledge of various markets, enables us to realise innovative solutions. Over 1000 passionate technical specialists are working for the ICT Group. The following subsidiaries are the main operating entities of the ICT Group: ICT Netherlands (ICT Automatisering Nederland B.V.), ICT Belgium, Strypes Bulgaria (Strypes EOOD ltd), Raster (Raster Industriele Automatisering B.V. and Raster Products B.V.), Improve (Improve Quality Services B.V.), NedMobiel B.V., BMA (Buro Medische Automatisering B.V.) (51%) and ICT Mobile B.V. (51%).

Automatic asphalt damage recognition using artificial intelligence

BAM Infra and ICT Group have developed a revolutionary technology that automatically recognizes and classifies damage to the asphalt on roads. The technology can be used by road owners such as Rijkswaterstaat, Provincial Governments, water authorities, and municipalities to inspect roads much faster and in a more targeted way. In addition to increasing the efficiency and quality of the inspections this also means that maintenance can be carried out more flexibly and more efficiently. That in turn leads to better traffic flow and less disruption. This new technology shows how data drives innovation, and signifies a further step towards the digitization of asset management.

Self-learning model
The images are supplied by cars fitted with 360-degree cameras that drive around in a particular area. So far, the images have been inspected manually by asphalt experts, who then mark any damage they detect. The Machine Learning technology will automatically analyze the collected images and classify any damage. By adding large numbers of images of known damage to the self-learning model, the model learns how to recognize damage more effectively.
The model can analyze large numbers of images very quickly, and recognize and then classify any abnormalities in the asphalt. This might include holes, cracks and worn spots in the asphalt, but also the presence of animal remains. The algorithm links the damage reports to geographical data so that the exact location of the damage can be determined.

Jaap van den Elshout, Theme Manager Asset Management at BAM Infra: “98% of the images that we receive are of asphalt in perfect condition. By having all the images assessed by the self-learning model, we can get our people to immediately investigate the 2% that show damage in the asphalt. You can imagine what a difference that will make!”.

 “The development of new services based on artificial intelligence is one of the spearheads in Data Intelligence. New applications of Machine Learning combined with the use of the powerful Azure Cloud enable us to develop new digital services”.

Bits and brains
The self-learning model helps the asphalt experts to focus on the specific road sections in which there may be damage. Although the model can analyze the images very accurately, they are also examined by humans. That means that any project-specific agreements can also be taken into account. The human input is fed back into the model so that it can learn even more.

Unlimited possibilities
The self-learning model can also be trained to recognize other objects. This could include the position of traffic signals, signposts and street lights, and any dirt or abnormalities on them. This innovation will give asset owners a clearer and more up-to-date picture of the quality and quantity of the assets in their area.

Digitization of asset management
The new technology is the result of intensive collaboration between BAM Infra and ICT Group in areas such as big data and the digitization of asset management. This collaboration has already produced intelligent dashboards that are used to monitor the condition of the infrastructure, such as pumping stations or the rail network. Training a computer model, Machine Learning, is the next step in the digitization of asset management.

For more information, please contact  Jasper Groenendijk, Business Development Manager Data Intelligence via jasper.groenendijk@ict.nl.

ICT Group intends to acquire NedMobiel

ICT Group N.V. (ICT) announces that it has signed a letter of intent to acquire 100% of the shares of NedMobiel B.V., a Dutch based expert consultancy company for complex infrastructures, such as tunnels, bridges, water locks, motorways and mobility solutions. The fields of expertise of NedMobiel include (tunnel) safety, asset management and project management. The highly educated and experienced advisors and project managers cover the full spectrum from strategy to operations.

NedMobiel, based in Breda, was founded in 2006. The team of 27 professionals has various engineering disciplines and backgrounds such as civil engineering, safety, mechanical & electrical engineering. All consultants and project managers have either a bachelor or master degree.

Jos Blejie, CEO of the ICT Group, stated: “We are very pleased with the intended acquisition of NedMobiel. The expertise of ICT and NedMobiel is fully complementary and we believe that the highly educated and experienced professionals of NedMobiel will fit perfectly within the existing ICT Group culture. NedMobiel will work closely with ICT’s business unit Engineering Contractors and will be able to benefit from the strong position that ICT holds in the national rail, road, water and infrasectors.”

NedMobiel has approximately € 3 Million revenues. The founders and partners of NedMobiel will continue within the ICT Group and will lead the mobility initiatives. The purchase consideration will be paid in cash. Further financial details will not be disclosed. The completion of the transaction is expected at the beginning of 2018.

The acquisition of NedMobiel is in line with ICT’s strategy to achieve organic growth combined with acquisitions. The aim of the acquisition strategy is to achieve strong positions in each of ICT’s three main themes: Smarter Industry, Smarter Cities and Smarter Health. Within these themes ICT delivers the highest added value to its customers. This acquisition supports ICT’s transition from a leading software integrator to a total technology and service provider, by increasing revenue from projects as well as from services.

We will maintain our focus on what we try to accomplish every day; making the world a bit smarter with our technologies and skills.

New General terms and Conditions ICT Group

ICT has introduced new (amended) General Terms and Conditions of Supply as well as General Terms and Conditions of Procurement. These new (amended) General Terms and Conditions, submitted to the Chamber of Commerce and replacing the General Terms and Conditions earlier used, are effective as of 1 July 2017 and apply to all ICT’s deliveries and procurements as well as all negotiations and (new) agreements with ICT. ICT’s new General Terms & Conditions can be read, downloaded, saved and printed through the links below. In case of questions, please turn to the Legal Department, +31889082000.

“Everybody talks about it; We just do it!”- Publication about ICT Group in MT500

With almost forty years of experience, ICT Group is a leading organisation in the Netherlands, especially in the field of industrial automation. ICT wants to make the world a bit smarter with its solutions. “Where others still think and develop, we already deliver the software solutions.” Thus, the article begins that appeared today in MT500 (page 137) and on CStories.nl. (Only available in Dutch)

InMotion record attempt at Circuit Zandvoort

After 2 years of building, 4 months of intensive testing, ups-and-downs, failures, and successes InMotion is ready to break the electric lap record at Circuit Zandvoort. They will take the ultimate test on the 3rd and 4th of June. The attempt will occur during the break, as there are various racing competitions to enjoy during the rest of the day. Everybody is welcome to come by and witness this event first hand during the Pinksterraces at Circuit Zandvoort.

InMotion at Jumbo Family Racingdays
Next to the record attempt, InMotion will drive at the Jumbo Family Racingdays, on 20th-21st of May. With over 100.000 visitors, this is the biggest motorsport event in the Netherlands. You can visit the InMotion stand at the Paddock 2, reachable with the Jumbo-tickets, and catch up with all the adventures they experienced in the last few months.

Road to Zandvoort
Can’t wait for the record? In the upcoming weeks InMotion will let you experience the final steps via social media, newsletters and press releases. Follow them closely via #roadtozandvoort

Partnership ICT and InMotion
InMotion is an automotive race team that consists of students of Eindhoven University of Technology and Fontys University of Applied Sciences. InMotion aims to participate in the 24h race of Le Mans in 2020 with their IM01 race car. Together ICT and InMotion developed the Electronic Control Units (ECU’s) for the complete IM/e race car. ICT provides its Model based development Production Platform: Motar, consisting of the ECU’s hardware and platform software, while InMotion develops the control algorithms (application software) for these ECU’s.

Can you escape?

Today, the Dutch Technology Week (DTW) has started in Eindhoven. ​ICT Group is proud sponsor of the micro:bit based escape room, called Time Machine. You can visit this escape room during DTW. Other sponsors of the escape room are NXP, Philips, Deloitte, JetNet. You can try the Time Machine escape room during the following Dutch Technology Week events: Opening DTW, Night of the Nerds, High Tech 2 Discover, KempenTech en de High Tech Ontdekkingsroute. Data and locations 15 May 2017 08:00-12:00 Opening event DTW Klokgebouw Eindhoven 16 May 2017 12:00-21:00 Night of the Nerds Klokgebouw Eindhoven 18 May 2017 08:45-13:00 High Tech 2 Discover High Tech Campus Eindhoven 19 May 2017 10:00-14:00 KempenTech Onderwijsdag Smaragdweg Kempisch Bedrijvenpark, Hapert 20 May 2017 11:00-17:00 High Tech Ontdekkingsroute Several location Click here for more information. (Only available in Dutch.)