- Oticon is the world's second largest hearing aid manufacturer
Oticon Net worth 2024 (estimated)
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Oticon facts
- It is situated in Denmark outside the capital Copenhagen
- It was founded in 1904 by Hans Demant, whose wife was hearing impaired
- Oticon is particularly well known worldwide for their innovative management style known as "Spaghetti Organization" introduced by Mr
- Lars Kolind under his leadership between 1988 and 1998
- The company is a subsidiary of the William Demant Holding Group
- Oticon has branches in various countries, such as their production plant in Poland, and has more than 3,000 employees worldwide
- In 2016 Oticon launched a revolutionary new advancement in hearing aid technology, the world's first internet connected hearing aid called the Oticon Opn™, characterizing it as a paradigm shift in hearing aids that combines breakthrough technologies proven to enable people with hearing loss to experience less listening effort and enjoy better speech understanding
- Powered by the Velox™ platform, the newest BrainHearing™ solution from Oticon employs an "open sound" approach to manage multiple speech and noise sources, even in complex listening situations
- The company says the new OpenSound Navigator™ scans the environment 100 times per second to analyze and balance every sound individually
- Environmental sounds are said to be accessible, but not disturbing
Bio / wiki sources: Wikipedia, accounts on social media, content from our users.
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