Founded in 1971, Össur has wide-ranging expertise in the development, production, and sale of non-invasive orthopaedics. After its first listing on the Iceland Stock Exchange in 1999, the Company expanded rapidly through a series of strategic acquisitions. Significant ongoing investment in research and innovation has also been central to its growth. A global leader in the field, Össur is determined to further strengthen its market position. The Company has been listed on the NASDAQ OMX Copenhagen Stock Exchange since 2009.
Headquartered in Iceland and employing a staff of around 2,300 across 18 locations, Össur has extensive operations in the Americas, Europe, and Asia, with numerous distributors in other markets.
Among other accolades, Össur is honored to be recognized by the World Economic Forum as a "Technology Pioneer". True advocates of 'Life Without Limitations", the Company works with individuals, clinicians and diverse communities to support a better quality of life for millions of people around the world.
The Company is named after Össur Kristinsson, an Icelandic prosthetist who developed the breakthrough silicone interface for prosthetic sockets, the Iceross® liner. Building on that pioneering tradition, Össur has added numerous life changing products to its portfolio. Among them are dynamic braces such as the Unloader One®, clinically proven to relieve the pain of knee osteoarthritis, and the unique SYMBIONIC® LEG, the world's first complete bionic leg incorporating Bionic Technology by Össur.
Össur product solutions are globally recognized under brand names such as CTi®, Rebound®, Miami®, Innovator®, Unloader®, Iceross®, Flex-Foot® and Total Knee®, all of which have been developed to improve people’s mobility and quality of life.
How we helped Össur:
The goal of the project was to consolidate transactional finance activities into a Shared Service Center, reducing the need to do transactional finance “on-site” across multiple locations across the world.
What does Össur have to say about it:
The project required managing the technology aspects of replicating parts of the local infrastructures in the Shared Service Center, deploying new software and making changes to existing systems to facilitate the move. These activities supported the consolidation of transactional finance activities into a Shared Service Organization.
We at Össur contracted Coremotif as IT controllers and project managers to assist with the IT track of the project. By reevaluating the requirements and carefully restructuring the work we were able to reduce the IT cost as well as make the transition relatively seamless. Deliverables were ready when they were needed, and any exceptions or changes were handled professionally in a timely manner.