o9 Solutions signs a partnership agreement with PwC to expand its business and deploy innovative new digital supply chain management solutions
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.”
“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.” – Mr. Woonghyeog Lee, Korea Country Manager of o9 Solutions