o9 Solutions reports record software bookings growth of 121% in Q1 2021

April 14, 2021: The AI-driven planning and operations solution provider, o9 Solutions, reported record annual software revenue bookings in Q1 2021, which grew 121 percent year-over-year as demand for o9’s integrated business planning platform continued to grow.

The bookings growth in Q1 2021 was driven almost entirely by new logo additions which included clients across industrial manufacturing, retail, apparel, and food and beverage industries.

The company also delivered a record number of global deployments to its clients during the quarter by leveraging its industry-specific reference models and realizing rapid time-to-value across complex planning workflows including demand, supply, inventory optimization, S&OP planning, and control tower.

Chakri Gottemukkala, CEO of o9, said, “o9’s digital brain capability is rapidly becoming a must-have for companies looking to accelerate their transition to a digital operating model. On a daily basis, the complexity and volatility of demand and supply is exposing the problems with the silos in traditional operating models - leading to massive value leakage. Last quarter was no exception: The worldwide chip shortages and the Suez Canal blockage proved again that even small disruptions can have large impacts. Becoming a digital, data-driven business is an imperative for all traditional businesses in this environment and o9’s platform enables exactly that.”

Igor Rikalo, o9’s president & COO, said, “Our business fired on all cylinders during Q1 as our investments in growth and scale continue to play out. We had record SaaS booking growth in all geographies and delivered record time-to-value to our customers by leveraging innovative methodologies and delivery tools put in place over the last 12 months during the pandemic. Our partner ecosystem also continues to grow rapidly, with certified o9 platform implementers helping scale our customer deployments. We continued to invest in the massive opportunity ahead of us by welcoming 146 new o9ers last quarter, bringing our total global headcount above 1,000 strong.”

o9 also announced AIM10x Global 2021, the digital transformation event, to be held virtually April 19-21, 2021. The event will feature over 55 speakers—industry leaders and experts in planning, analytics, and digital transformation, along with 3000+ attendees worldwide.

2021 milestones
• Announced new SaaS engagements with Beluga and Samsung Bioepis

• Announced global deployment of the o9 platform at Estée Lauder for demand and supply planning

• Highlighted by Pirelli in their 5-year industrial plan as a key digitalization platform for analytics and modeling

• Announced the expanded partnership with PwC Korea and a new partnership with Chainalytics