Company:o9 Solutions

From HandWiki
Short description: American business planning company

o9 Solutions (o9) is a privately held company that developed a cloud-based enterprise platform that uses artificial intelligence (AI) and machine learning (ML) technologies to support planning and decision-making across business and supply chain operations.

o9 is a global company headquartered in the United States in Dallas, Texas, and has additional offices located in Amsterdam, Netherlands; Barcelona and Madrid, Spain; Munich, Germany; Paris and Lyon, France; London, UK; Milan, Italy; Stockholm, Sweden; Bangalore, India; Tokyo, Japan; Shanghai, China; Seoul, Korea; Singapore; Sydney, Australia; and São Paulo, Brazil.

History

The company was founded in 2009 by Sanjiv Sidhu, the founder of i2 Technologies and Chakri Gottemukkala, an employee of i2.

In 2014, o9 launched its "Digital Brain"[1] platform for integrated business planning and began developing a client-base in the United States and India. In 2016, the company began expanding into Europe and Asia (Japan, South Korea, and China) in 2019. In 2022, o9 expanded into Australia, New Zealand, and Brazil.

Many of o9's executive leadership team previously worked for or were users of i2 Technologies.

Business

o9 provides business planning platform services on a subscription basis and serves clients in various industries including: aerospace and defense, agribusiness, apparel and footwear, automotive OEMs, automotive suppliers, capital goods manufacturing, chemicals, consumer electronics, consumer packaged goods, food and beverage, grocery, high tech electronics, home and personal care, industrial manufacturing, medical devices, medical equipment, medical supplies,[2] metals, energy, mining, utilities, pharmaceuticals and biotech, retail,[3] semiconductors, telecom equipment providers, telecom operators, transportation, and paper and packaging. o9's main product is the Digital Brain platform[4] that combines real-time data[5] from external and internal sources,[6] such as weather reports, social media and more along with a company's internal historical data, with various knowledge models (i.e. market, demand and supply chain) and uses AI/ML technology and algorithms to develop market[7] insights that can be used for business planning[8] and decision-making purposes across multiple business functions.

The o9 Digital Brain suite of solutions include integrated business planning (IBP), demand planning and forecasting, supply chain planning and analytics,[9] supplier collaboration,[10] revenue growth management (RGM), and sustainability.

o9 investors include KKR,[11] Generation Investment Management, General Atlantic and its BeyondNetZero climate change venture. In January 2022, the firms backed a $295 million investment in o9, raising its value to $2.7 billion.[12] The firms invested an additional $116 million in o9 in July 2023, further increasing its value to $3.7 billion.[13]

Awards & Recognition

o9 received awards and recognition including:

  • Inc. 5000 Fastest Growing Private Companies 2022;[14] 2021;[15] 2020;[16] 2019
  • Inc. 5000 Regionals Southwest 2023,[17] 2022, 2021
  • Financial Times Americas Fastest Growing Companies 2023;[18] 2022;[19] 2021[20]
  • Deloitte Technology Fast 500 2022;[21] 2020[22]
  • Dallas Business Journal Most Admired CEO 2023[23]
  • EcoVadis Gold Medal 2023[24]
  • Food Logistics 2022 Top Software & Technology Provider[25]
  • Business Insider Top 41 Supply Chain Startups Shaping the Future 2022[26]
  • Supply & Demand Chain Executive: Pros to Know 2022[27]
  • Innovation Awards by D CEO and Dallas Innovates 2022[28]
  • World Economic Forum New Champions Award: Excellence in Innovation 2021[29]
  • Tech Titans Fast Tech 2021;[30] 2020
  • SMU Cox Dallas 100 2022;[31] 2021;[32] 2020[33]
  • Dallas Business Journal Middle Market 50 2020[34]
  • Dallas Business Journal: Best Places to Work 2019;[35] 2017[36]

References

  1. ↑ "o9 Digital Brain: The Future of Enterprise Decision-Making" (in en). https://o9solutions.com/digital-brain/. 
  2. ↑ "China's Covid wave threatens another snarl of U.S. medical supply chain" (in en). 2023-01-08. https://www.nbcnews.com/politics/politics-news/chinas-covid-wave-threatens-another-snarl-us-medical-supply-chain-rcna64692. 
  3. ↑ Young, Liz (2023-11-30). "Retailers Are Turning to AI to Get Smarter About Inventory" (in en-US). Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/retailers-are-turning-to-ai-to-get-smarter-about-inventory-66d70f86. 
  4. ↑ Banker, Steve. "Why Is o9 Solutions Growing So Fast?" (in en). https://www.forbes.com/sites/stevebanker/2023/03/05/why-is-o9-solutions-growing-so-fast/. 
  5. ↑ Handley, Lucy (2023-06-19). "A.I. could 'remove all human touchpoints' in supply chains. Here's what that means" (in en). https://www.cnbc.com/2023/06/19/supply-chains-how-ai-could-remove-all-human-touchpoints.html. 
  6. ↑ Young, Liz (2023-06-16). "Retailers Are Trying to Fix Their Supply-Chain Forecasts" (in en-US). Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/retailers-are-trying-to-fix-their-supply-chain-forecasts-82b6818b. 
  7. ↑ Ashcroft, Sean (2023-06-01). "How AI is helping deliver smarter supply chains" (in en). https://supplychaindigital.com/articles/how-ai-is-helping-deliver-smarter-supply-chains. 
  8. ↑ Rikalo, Igor. "Council Post: How AI Could Transform Business Planning" (in en). https://www.forbes.com/sites/forbestechcouncil/2023/09/26/how-ai-could-transform-business-planning/. 
  9. ↑ "Demand for Supply-Chain Data Stays Robust Amid Geopolitical, Climate Risks" (in en). Bloomberg.com. 2023-04-25. https://www.bloomberg.com/news/newsletters/2023-04-25/supply-chain-latest-demand-for-supply-chain-data-stays-hot. 
  10. ↑ Rikalo, Igor. "Council Post: Three Ways To Facilitate Supplier Collaboration Across Supply Chains" (in en). https://www.forbes.com/sites/forbestechcouncil/2023/11/15/three-ways-to-facilitate-supplier-collaboration-across-supply-chains/. 
  11. ↑ Cooper, Laura (2020-04-28). "KKR Invests in AI Software Maker O9 Solutions" (in en-US). Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/kkr-invests-in-ai-software-maker-o9-solutions-11588071601. 
  12. ↑ Cooper, Laura (2022-01-26). "Supply-Chain Software Provider o9 Solutions Valued at $2.7 Billion" (in en-US). Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/supply-chain-software-provider-o9-solutions-valued-at-2-7-billion-11643157001. 
  13. ↑ Taylor, Isaac; Bunker, Ted (2023-07-19). "WSJ News Exclusive | Backers Raise Ante for Supply-Chain Software Maker o9" (in en-US). Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/backers-raise-ante-for-supply-chain-software-maker-o9-ef84892a. 
  14. ↑ "Meet the Companies Winning in a Time of Change--And Achieving Spectacular Growth". https://www.inc.com/inc5000/2022. 
  15. ↑ "Introducing the Inc. 5000 Fastest-Growing Private Companies in America". https://www.inc.com/inc5000/2021. 
  16. ↑ "Introducing the 5,000 Fastest-Growing Private Companies in America". https://www.inc.com/inc5000/2020. 
  17. ↑ "Meet the 166 Companies Making an Outsized Impact in the Southwest". https://www.inc.com/regionals/southwest. 
  18. ↑ "FT ranking: The Americas' Fastest-Growing Companies 2023" (in en-GB). 2023-03-28. https://www.ft.com/americas-fastest-growing-companies-2023. 
  19. ↑ Kelly, Maxine (2022-04-05). "FT ranking: The Americas' Fastest-Growing Companies 2022". Financial Times. https://www.ft.com/content/6ee8f978-a2e0-4644-b7c7-0718a334adb7. 
  20. ↑ Kelly, Maxine (2021-04-13). "FT ranking: The Americas' Fastest-Growing Companies 2021" (in en-GB). https://www.ft.com/content/ac773779-98ba-442d-a1f2-a14f1a67ddfe. 
  21. ↑ "2023 Technology Fast 500 Award Winners" (in en-us). https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/fast500-winners.html. 
  22. ↑ "2020 Technology Fast 500™ Rankings". https://www2.deloitte.com/content/dam/Deloitte/us/Documents/technology-media-telecommunications/us-tmt-fast-500-2020-winners-list.pdf. 
  23. ↑ "Most Admired CEO Awards". https://www.bizjournals.com/dallas/most-admired-ceos. 
  24. ↑ "o9 Solutions Awarded Gold Medal by EcoVadis". 2023-08-01. https://o9solutions.com/news/o9-solutions-awarded-gold-medal-by-ecovadis/. 
  25. ↑ "Top Software & Tech Providers Award: Visibility, Supply Chain Management Lead the Way" (in en-us). 2022-12-12. https://www.foodlogistics.com/software-technology/article/22419155/top-software-tech-providers-award-visibility-supply-chain-management-lead-the-way. 
  26. ↑ Han, Andrew. "VCs reveal 41 supply chain startups they're betting on to help solve global logistics chaos" (in en-US). https://www.businessinsider.com/supply-chain-startups-to-watch-2022-8. 
  27. ↑ "o9 Solutions' Anusha Sharma Named a 2022 Pros to Know Winner by Supply & Demand Chain Executive". 2022-03-31. https://o9solutions.com/news/anusha-sharma-2022-pros-to-know/. 
  28. ↑ Vanderschoot, Kelsey (2022-01-13). "Winners Revealed: The Innovation Awards 2022" (in en-US). https://www.dmagazine.com/business-economy/2022/01/winners-revealed-the-innovation-awards-2022/. 
  29. ↑ "These are the winners of the New Champions Awards 2021" (in en). 2021-11-08. https://www.weforum.org/agenda/2021/11/new-champions-award-winners-better-world/. 
  30. ↑ "Fast Tech" (in en-US). https://techtitans.org/fast-tech/. 
  31. ↑ "2022 Winners" (in en). https://www.smu.edu/cox/Centers-and-Institutes/Caruth-Institute-for-Entrepreneurship/Dallas-100/Previous-Winners/2022-Winners. 
  32. ↑ "2021 Winners" (in en). https://www.smu.edu/cox/Centers-and-Institutes/Caruth-Institute-for-Entrepreneurship/Dallas-100/Previous-Winners/2021-Winners. 
  33. ↑ "2020 Winners" (in en). https://www.smu.edu/cox/Centers-and-Institutes/Caruth-Institute-for-Entrepreneurship/Dallas-100/Previous-Winners/2020-Winners. 
  34. ↑ "MIDDLE MARKET 50: Here are the 50 fastest-growing mid-market companies in North Texas". https://www.bizjournals.com/dallas/news/2020/09/10/middle-market-50-rankings-2020.html. 
  35. ↑ "Here are the 100 Best Places to Work in North Texas in 2019". https://www.bizjournals.com/dallas/news/2019/10/25/best-places-to-work-top-100-north-texas-2019.html. 
  36. ↑ "Rankings: Here are the 101 Best Places to Work in North Texas". https://www.bizjournals.com/dallas/news/2017/09/22/rankings-here-are-the-101-best-places-to-work-in.html. 



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