This website does not support Internet Explorer. Please, switch to Edge, Chrome, or Firefox browser to view this page.

Learn about IE support
News

o9 Solutions Tripled Its Annual Recurring Revenue in Q1 2022

Q1 header image (1) (1)
Published: Reading time: 3 min
o9 Solutions The Digital Brain Platform
o9 SolutionsThe Digital Brain Platform
Follow on LinkedIn
Published:

DALLAS, April 6, 2022 – o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making, today reported that its annual recurring revenue (ARR) in Q1’22 more than tripled compared to the same period a year ago. The first quarter’s growth was driven by new global customers in various industries including food and beverage, medical equipment, apparel, and telecom. This underscores the broad applicability of o9’s AI-powered planning and decision-making platform. 

"Our performance this quarter shows the growing need for more intelligent and resilient supply chains that can withstand an increasingly complex and dynamic business landscape," said Chakri Gottemukkala, Co-founder and CEO, o9 Solutions. "The rapid adoption of o9's AI-enabled, cloud-native platform speaks to its ability to help the world's largest organizations not only navigate volatile conditions, but also unlock significant business value through superior visibility, predictive and prescriptive insights, and cross-functional collaboration.”

In Q1’22, o9 also announced its flagship annual digital transformation event, aim10x global 2022, held virtually on April 5-7. The event is the company’s largest conference to date— with more than 9,000 registrants—and featured a lineup of 70-plus thought leaders in the supply chain space, keynotes by C-suite executives, and interactive panel discussions between highly influential digital transformation leaders and innovators from all industries. 

During the first quarter, o9 expanded into new geographies including Australia and Brazil to support continued its rapid client growth globally. o9 also continues to increase its global talent pool, which now includes more than 1,700 employees worldwide.  

“Such a strong start to 2022 underscores o9's unmatched ability to help companies turn traditionally siloed and slow planning processes into a smart, integrated digital operating model,” said Igor Rikalo, President and Chief Operating Officer, o9 Solutions. “The need for digital transformation has never been more crucial, which is evident in the incredible turnout at our aim10x global 2022 event. We look forward to building on this momentum in Q2'22 and beyond.”

Other notable highlights during Q1’22 include:

Mobile phone

Get free industry updates

Each quarter, we'll send you o9 Magazine with the latest supply chain industry news, trends, and o9 knowledge. Don’t miss out!

About the author

o9 Solutions The Digital Brain Platform

o9 Solutions

The Digital Brain Platform

o9 Solutions is a leading AI-powered platform for integrated business planning and decision-making for the enterprise. Whether it is driving demand, aligning demand and supply, or optimizing commercial initiatives, any planning process can be made faster and smarter with o9’s AI-powered digital solutions. o9 brings together technology innovations—such as graph-based enterprise modeling, big data analytics, advanced algorithms for scenario planning, collaborative portals, easy-to-use interfaces and cloud-based delivery—into one platform.

Resources

View our related articles, white papers, use cases & videos

news3 min

o9 Announces Make a Difference (MAD) as the Recipient of Its Inaugural Digital Tomorrow Grant

by o9 Solutions
O9 digital tomorrow grant 2000x1500px
news2 min

o9 Named as a 2024 Best Place for Working Parents Among Dallas-Based Companies That Embrace Family Friendly Workplace Policies

by o9 Solutions
Best place for working parents newsroom banner v1
news3 min

o9 Solutions Named a Leader in the IDC MarketScape: Worldwide Retail Merchandise Operations Management Solutions 2023 Vendor Assessment

by o9 Solutions
O9 pr idc newsroom (2)
news4 min

o9 Survey Reveals That Consumers’ Perceptions of Supply Chain Disruptions Are Shifting Their Purchasing Behaviors

by o9 Solutions
O9 pr consumer survey newsroom banner
news3 min

o9 Solutions Announces Hyderabad Office and Strategic Partnership With Telangana Government to Develop World-Class Supply Chain Talent

by o9 Solutions
Deaa5e03 afdb 4bce 9a45 41c945783223
news2 min

o9 Solutions Submitted and Validated Science-Based Emissions Reduction Targets

by o9 Solutions
O9 pr newsroom sciencebasedtargets (1) (1) (1)
news3 min

o9 Takes Big Steps in Augmenting Its Industry-leading Integrated Planning Platform with Generative AI Capabilities

by o9 Solutions
[o9 pr gen ai newsroom]
news3 min

o9 Experts Recognized as 2024 Pros to Know Winners by Supply & Demand Chain Executive

by o9 Solutions
Supply & demand chain executive pros to know award — newsroom banner (1)
news2 min

o9 Solutions Ranks No. 405 on the 2023 Deloitte Technology Fast 500™

by o9 Solutions
[o9 pr deloitte fast technology 500 2023 award web banner]
news3 min

o9 Solutions to Support M&S With the Digital Transformation and Upgrade of Its Clothing & Home Planning Systems

by o9 Solutions
[o9 pr ms web banner] (1)
news2 min

o9 Digitally Transforms Iveco Group’s Integrated Business Planning Processes 

by o9 Solutions
Iveco newsroom banner v1 (1)
news3 min

o9 Solutions Grows Annual Recurring Revenue by 47% in 2023

by o9 Solutions
O9 financial press release 1280x960 loop