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o9 Solutions signs a partnership agreement with PwC to expand its business and deploy innovative new Digital Transformation & IBP.
Seoul, April 2, 2021 — o9 Solutions, the premier AI-powered platform for integrated business planning and decision-making for the enterprise, announced that it has signed a strategic partnership with PwC to expand its SCM activities.
Through this partnership, PwC will offer integrated consulting to support the establishment of o9’s digital SCM platform. o9 Solutions, working with PwC, plans to expand its Software-as-a-Service SCM offering more broadly to both Korean and foreign companies.
o9 Solutions’ AI-powered platform operates as the digital brain of global enterprises and delivers strong demand management, supply management, integrated business planning capabilities optimized for each client’s unique business. The benefits are better visibility, end-to-end analytics, collaborative planning, and better planning,. o9 Solutions’ unique Enterprise Knowledge Graph (EKG) supports effective, real-time decision-making by linking all data sources to create an integrated repository of the enterprise’s knowledge. o9 Solutions’ platform can be configured to support Demand Management (DM), Sales and Operations Planning (S&OP), and Integrated Business Planning (IBP) solutions for any industry.
Gartner, Inc. has recently named o9 Solutions the leading visionary in the Magic Quadrant for Supply Chain Planning Solutions, acknowledging its outstanding technology. o9 Solutions has already deployed its next-generation AI-powered platform at leading global clients.
Last year, o9 Solutions reported a more than two-fold increase in worldwide annual recurring revenue, while the number of o9 employees also doubled. Already a “unicorn” (a startup valued over USD 1 billion), o9 Solutions received in 2020 a minority equity investment of USD 100 million from KKR, an American private equity fund.
According to PwC, “Changes in clientele represented by the MZ generation (millennials and Gen Z), a global crisis caused by COVID-19, and escalating trade tensions between the US and China are all causing the restructuring of global supply networks, while digital technologies such as AI, big data, and clouds are enabling completely new capabilities. Through the partnership with o9 Solutions, the visionary player in the SCM solutions industry, PwC will realize ‘new digital SCM’ systems and process innovation to effectively support Korean companies’ new leaps forward and sustainable growth.”
Mr. Woonghyeog Lee, Korea Country Manager of o9 Solutions, said: “Through this partnership, the importance of efficient SCM – emphasized by the COVID-19 pandemic – can be conveyed to Korean companies. With PwC’s global consulting expertise and o9 Solutions’ know-how in SCM, we will continue our growth both domestically and abroad, while leading Korean companies’ digital innovation.”
About the authors
o9
The Digital Brain Platform
o9 Solutions is a leading Enterprise Knowledge and AI-powered platform helping companies build Agile, Adaptive & Autonomous Planning & Execution Models for transforming enterprise decision-making in environments of rising volatility and uncertainty. Whether it is improving forecast accuracy, matching demand and supply and driving collaboration across the multi-tier supply chain to improve resilience at optimal costs and inventory, or optimizing new product and commercial initiatives to drive revenue growth and margins, decision-making processes from long-range to tactical to execution horizon can be made faster and smarter and connected on o9’s Digital Brain Platform.
o9 brings together game-changing technology innovations — such as innovative enterprise knowledge graph modeling, big data analytics, advanced algorithms for forecasting, demand/supply balancing, scenario planning, real time learning, collaboration, generative and agentic AI, easy-to-use interfaces and cloud-based delivery, and innovative management methods — as well as organization, process and change management best practices to transform decision-making speed and intelligence.
