o9 Solutions Named a Leader in All 5 IDC MarketScapes Reports for Worldwide Supply Chain
o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making, announced it has been recognized as a leader in all five IDC MarketScapes on Worldwide Supply Chain: IDC MarketScape: Worldwide Supply Chain Demand Planning 2022 Vendor Assessment (Doc #US47619722, September 2022); IDC MarketScape: Worldwide Supply Chain Sales and Operations Planning 2022 Vendor Assessment (Doc #US49568417, September 2022); IDC MarketScape: Worldwide Supply Chain Inventory Optimization 2022 Vendor Assessment (Doc #US49568517, September 2022); IDC MarketScape: Worldwide Supply Chain Supply Planning 2022 Vendor Assessment (Doc #US47620822, September 2022); and IDC MarketScape: Worldwide Holistic Supply Chain Planning 2022 Vendor Assessment (Doc #US49578717, September 2022).
The IDC MarketScape reports stated that “o9 offers a complete range of planning workflows on one single platform. Companies looking for a flexible supply chain planning offering that can link to broader planning efforts across sales and finance should consider o9.”
Being named a Leader the five IDC MarketScape reports on Supply Chain Planning marks another milestone achievement during a year of tremendous growth and innovation for the company. In Q2’22, o9 reported that its annual recurring revenue (ARR) through the first half of the year more than doubled compared to the same period the previous year. The potential power and broad applicability of the o9 Digital Brain platform continues to win the business of leading companies across a wide range of industry verticals, including retail, consumer goods and industrial manufacturing, high-tech and semiconductor, life sciences, automotive, telecom, and oil and gas. In early August 2022, o9 was first to market with a broad and deep set of sustainability solutions that are embedded in its AI-powered platform. Now, companies that operate some of the largest and most complex supply chains in the world are not only able to accurately measure and report on their sustainability performance, but also make planning decisions that lead them closer to their net-zero goals. In addition, o9 continues to drive innovation across all of its core integrated business planning functions, while connecting them to other strategic business areas such as revenue growth management, financial planning and procurement using o9’s patented Enterprise Knowledge Graph technology.
“The digital transformation of supply chains is more critical than ever,” said Chakri Gottemukkala, Co-Founder and CEO, o9 Solutions. “Our future-proof Digital Brain platform is uniquely positioned to help large enterprises turn traditionally slow and disjointed planning into smart, integrated planning and decision-making in a scalable and flexible manner. This allows them to forecast demand more accurately, detect demand and supply risks and opportunities earlier, evaluate what-if scenarios in real time and drive alignment and collaboration across their entire value chain. o9’s growth and market recognition speaks to the power of our technology to help our clients realize game-changing improvements in customer service, inventory levels, resource utilization, as well as ESG and financial KPIs.”
Igor Rikalo, President and Chief Operating Officer, o9 Solutions, added, “In the wake of an unprecedented number of disruptions, o9 has become synonymous with supply chain innovation and customer excellence. Our commitment to helping global companies transform their supply chain, commercial, financial and sustainability decision-making abilities is at the heart of our mission of becoming the most value-generating platform for planning anywhere. It is an honor to be recognized by the IDC MarketScape as a Leader in supply chain planning.”