The biggest winners of Decision Optimization

Linde plc

2277

$ M

823

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Basic Materials

FTE days lost*

625747

days per year

Productivity losses*

304

$ M

Value at risk*

1973

$ M

Avg. failure risk*

FTEs unblocked**

231526

days per year

Producitivity gains**

113

$ M

Risk reduction**

710

$ M

Avg. risk reduction**

Heading

Pioneer Natural Resources Company

2283

$ M

822

$ M

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Employee category

1001-5000

Market cap

Large-cap

Revenue category

$10B+

Sector

Energy

FTE days lost*

19602

days per year

Productivity losses*

$ M

Value at risk*

2274

$ M

Avg. failure risk*

FTEs unblocked**

7252

days per year

Producitivity gains**

$ M

Risk reduction**

819

$ M

Avg. risk reduction**

Heading

Union Pacific Corporation

2245

$ M

810

$ M

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Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Industrials

FTE days lost*

299947

days per year

Productivity losses*

146

$ M

Value at risk*

2100

$ M

Avg. failure risk*

FTEs unblocked**

110980

days per year

Producitivity gains**

$ M

Risk reduction**

756

$ M

Avg. risk reduction**

Heading

Boston Scientific Corporation

2220

$ M

801

$ M

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Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Healthcare

FTE days lost*

424907

days per year

Productivity losses*

207

$ M

Value at risk*

2014

$ M

Avg. failure risk*

FTEs unblocked**

157215

days per year

Producitivity gains**

$ M

Risk reduction**

725

$ M

Avg. risk reduction**

Heading

Adobe Inc.

2196

$ M

792

$ M

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Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Technology

FTE days lost*

276086

days per year

Productivity losses*

134

$ M

Value at risk*

2062

$ M

Avg. failure risk*

FTEs unblocked**

102151

days per year

Producitivity gains**

$ M

Risk reduction**

742

$ M

Avg. risk reduction**

Heading

Morgan Stanley

2162

$ M

782

$ M

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Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Financial Services

FTE days lost*

774276

days per year

Productivity losses*

377

$ M

Value at risk*

1785

$ M

Avg. failure risk*

FTEs unblocked**

286482

days per year

Producitivity gains**

139

$ M

Risk reduction**

643

$ M

Avg. risk reduction**

Heading

Moderna, Inc.

2161

$ M

778

$ M

Heading

Employee category

1001-5000

Market cap

Large-cap

Revenue category

$10B+

Sector

Healthcare

FTE days lost*

36825

days per year

Productivity losses*

$ M

Value at risk*

2143

$ M

Avg. failure risk*

FTEs unblocked**

13625

days per year

Producitivity gains**

$ M

Risk reduction**

772

$ M

Avg. risk reduction**

Heading

NXP Semiconductors N.V.

2132

$ M

769

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Technology

FTE days lost*

325762

days per year

Productivity losses*

158

$ M

Value at risk*

1973

$ M

Avg. failure risk*

FTEs unblocked**

120532

days per year

Producitivity gains**

$ M

Risk reduction**

710

$ M

Avg. risk reduction**

Heading

Freeport-McMoRan Inc.

2130

$ M

768

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Basic Materials

FTE days lost*

241725

days per year

Productivity losses*

118

$ M

Value at risk*

2012

$ M

Avg. failure risk*

FTEs unblocked**

89438

days per year

Producitivity gains**

$ M

Risk reduction**

724

$ M

Avg. risk reduction**

Heading

Illinois Tool Works Inc.

2106

$ M

760

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Industrials

FTE days lost*

434350

days per year

Productivity losses*

211

$ M

Value at risk*

1895

$ M

Avg. failure risk*

FTEs unblocked**

160709

days per year

Producitivity gains**

$ M

Risk reduction**

682

$ M

Avg. risk reduction**

Heading

Carrier Global Corporation

2086

$ M

753

$ M

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Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Industrials

FTE days lost*

491004

days per year

Productivity losses*

239

$ M

Value at risk*

1847

$ M

Avg. failure risk*

FTEs unblocked**

181671

days per year

Producitivity gains**

$ M

Risk reduction**

665

$ M

Avg. risk reduction**

Heading

Royal Caribbean Cruises Ltd.

2042

$ M

740

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$1B to $10B

Sector

Consumer Cyclical

FTE days lost*

966901

days per year

Productivity losses*

470

$ M

Value at risk*

1572

$ M

Avg. failure risk*

FTEs unblocked**

357753

days per year

Producitivity gains**

174

$ M

Risk reduction**

566

$ M

Avg. risk reduction**

Heading

Biogen Inc.

2050

$ M

738

$ M

Heading

Employee category

5001-10000

Market cap

Large-cap

Revenue category

$10B+

Sector

Healthcare

FTE days lost*

82384

days per year

Productivity losses*

$ M

Value at risk*

2009

$ M

Avg. failure risk*

FTEs unblocked**

30482

days per year

Producitivity gains**

$ M

Risk reduction**

723

$ M

Avg. risk reduction**

Heading

Diamondback Energy, Inc.

2037

$ M

734

$ M

Heading

Employee category

501-1000

Market cap

Large-cap

Revenue category

$1B to $10B

Sector

Energy

FTE days lost*

9178

days per year

Productivity losses*

$ M

Value at risk*

2033

$ M

Avg. failure risk*

FTEs unblocked**

3395

days per year

Producitivity gains**

$ M

Risk reduction**

732

$ M

Avg. risk reduction**

Heading

Cognizant Technology Solutions Corporation

1976

$ M

727

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Technology

FTE days lost*

3263293

days per year

Productivity losses*

1587

$ M

Value at risk*

389

$ M

Avg. failure risk*

FTEs unblocked**

1207418

days per year

Producitivity gains**

587

$ M

Risk reduction**

140

$ M

Avg. risk reduction**

Heading

DTE Energy Company

2013

$ M

725

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Utilities

FTE days lost*

95387

days per year

Productivity losses*

$ M

Value at risk*

1967

$ M

Avg. failure risk*

FTEs unblocked**

35293

days per year

Producitivity gains**

$ M

Risk reduction**

708

$ M

Avg. risk reduction**

Heading

Ameren Corporation

2003

$ M

721

$ M

Heading

Employee category

5001-10000

Market cap

Large-cap

Revenue category

$1B to $10B

Sector

Utilities

FTE days lost*

87285

days per year

Productivity losses*

$ M

Value at risk*

1960

$ M

Avg. failure risk*

FTEs unblocked**

32295

days per year

Producitivity gains**

$ M

Risk reduction**

706

$ M

Avg. risk reduction**

Heading

The Williams Companies, Inc.

1985

$ M

715

$ M

Heading

Employee category

5001-10000

Market cap

Large-cap

Revenue category

$10B+

Sector

Energy

FTE days lost*

47618

days per year

Productivity losses*

$ M

Value at risk*

1962

$ M

Avg. failure risk*

FTEs unblocked**

17618

days per year

Producitivity gains**

$ M

Risk reduction**

706

$ M

Avg. risk reduction**

Heading

Marriott International, Inc.

1924

$ M

710

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Consumer Cyclical

FTE days lost*

3559784

days per year

Productivity losses*

1731

$ M

Value at risk*

193

$ M

Avg. failure risk*

FTEs unblocked**

1317120

days per year

Producitivity gains**

641

$ M

Risk reduction**

$ M

Avg. risk reduction**

Heading

MGM Resorts International

1949

$ M

704

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Consumer Cyclical

FTE days lost*

538216

days per year

Productivity losses*

262

$ M

Value at risk*

1687

$ M

Avg. failure risk*

FTEs unblocked**

199140

days per year

Producitivity gains**

$ M

Risk reduction**

607

$ M

Avg. risk reduction**

Heading

Dow Inc.

1940

$ M

700

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Basic Materials

FTE days lost*

356922

days per year

Productivity losses*

174

$ M

Value at risk*

1767

$ M

Avg. failure risk*

FTEs unblocked**

132061

days per year

Producitivity gains**

$ M

Risk reduction**

636

$ M

Avg. risk reduction**

Heading

Equinix, Inc.

1938

$ M

698

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$1B to $10B

Sector

Real Estate

FTE days lost*

119172

days per year

Productivity losses*

$ M

Value at risk*

1880

$ M

Avg. failure risk*

FTEs unblocked**

44093

days per year

Producitivity gains**

$ M

Risk reduction**

677

$ M

Avg. risk reduction**

Heading

Waste Management, Inc.

1931

$ M

697

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Industrials

FTE days lost*

467398

days per year

Productivity losses*

227

$ M

Value at risk*

1703

$ M

Avg. failure risk*

FTEs unblocked**

172937

days per year

Producitivity gains**

$ M

Risk reduction**

613

$ M

Avg. risk reduction**

Heading

Western Digital Corporation

1877

$ M

678

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Technology

FTE days lost*

500447

days per year

Productivity losses*

243

$ M

Value at risk*

1633

$ M

Avg. failure risk*

FTEs unblocked**

185165

days per year

Producitivity gains**

$ M

Risk reduction**

588

$ M

Avg. risk reduction**

Heading

Tyson Foods, Inc.

1849

$ M

672

$ M

Heading

Employee category

10001+

Market cap

Large-cap

Revenue category

$10B+

Sector

Consumer Defensive

FTE days lost*

1340820

days per year

Productivity losses*

652

$ M

Value at risk*

1197

$ M

Avg. failure risk*

FTEs unblocked**

496103

days per year

Producitivity gains**

241

$ M

Risk reduction**

431

$ M

Avg. risk reduction**

Heading

* LOSS ASSUMPTIONS: Based on a VaR (Value at Risk) of 34% (R&D) to business transformation (70%) and 82% (M&A) averaged to 58% (Dellermann 2020, McKinsey 2018). All calculations are based on R&D investments, CapEx and acquisition investments. The average company employs around 20% managers who spend 37 percent of their time making decisions, of which 58 percent are inefficient; each manager works for 220 days, (1760 working hours), and receives an average salary of €107k (McKinsey 2019). All data from publicly available annual reports 2022.

** OPPORTUNITY ASSUMPTIONS: Based on a risk reduction potential of 36% and an efficiency improvement potential of 37% (Dellermann 2020).

The S&P 500 D.O.P.E list