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o9 Solutions Named a Leader in the IDC MarketScape: Worldwide Retail Merchandise Operations Management Solutions 2023 Vendor Assessment
DALLAS, Dec. 19, 2023 – o9 Solutions, a leading software platform provider for integrated planning and decision-making, today announced that it has been named a Leader in the IDC MarketScape:Worldwide Retail Merchandise Operations Management Solutions 2023 Vendor Assessment (Doc #US49842123, December 2023).
The IDC MarketScape report recognized o9’s retail offering for its high flexibility, depth and granularity, as well as speed and efficiency. The report stated that o9’s “merchandising capability has the ability to dive deep into specific levels effectively with the ability to combine data, decision making, and visualization at highly granular levels including SKU level, product level, and attribute levels such as color or size that can be tailored to the business.” The IDC MarketScape also highlighted that o9’s “speed and efficiency of their solutions set speaks for itself in being able to deliver and manage data across multiple applications and assisting buyers, planners and allocators for their retail customers.”
Being named a Leader in the IDC MarketScape: Worldwide Retail Merchandise Operations Management Solutions 2023 Vendor Assessment marks another milestone achievement during a year of tremendous growth and innovation for the Company. In Q3 '23, o9 reported that annual recurring revenue (ARR) increased by 51% year-over-year, growth that was driven equally by new and existing enterprise clients in Brazil, India, Japan, Korea, North America, and Europe. Last quarter, o9 announced that its existing investors, led by General Atlantic’s BeyondNetZero, have invested an additional $116 million in the Company, driving its value up to $3.7 billion. o9 also recently announced significant steps to augment its Digital Brain platform with cutting-edge generative AI capabilities. Earlier in the year, the Company launched its innovative Supplier Relationship Management solution, which sets a new standard for multi-tier supplier collaboration by leveraging AI and advanced analytics capabilities to drive real-time, bi-directional collaboration between companies and their suppliers.
“In today’s complex and volatile business environment, retailers are increasingly turning to integrated business planning platforms like the o9 Digital Brain to facilitate data-driven decision-making and un-siloed collaboration at scale across their organization,” said Chakri Gottemukkala, Co-Founder and CEO of o9 Solutions. “Our ongoing growth and success underscores the exceptional value that our AI-powered platform delivers to our clients across a wide range of industries and geographies. We are honored to be recognized by the IDC MarketScape as a Leader in retail merchandise operations management.”
Previously, o9 was recognized as a Leader in all five IDC MarketScapes on Worldwide Supply Chain, including 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).
Visit o9 at NRF 2024 in booth #4775, Level 3, or on the Company’s NRF website here.
To download a free copy of the IDC MarketScape: Worldwide Retail Merchandise Operations Management Solutions 2023 Vendor Assessment, click here.
Learn more about o9 at www.o9solutions.com.
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.
