Draft:o9 Solutions
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 | The topic of this draft may not meet Wikipedia's notability guidelines for companies and organizations. (January 2024) |
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.
History[edit]
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[edit]
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]
References[edit]
- ^ "o9 Digital Brain: The Future of Enterprise Decision-Making". o9 Solutions. Retrieved 2023-12-07.
- ^ "China's Covid wave threatens another snarl of U.S. medical supply chain". NBC News. 2023-01-08. Retrieved 2023-12-18.
- ^ Young, Liz (2023-11-30). "Retailers Are Turning to AI to Get Smarter About Inventory". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-12-18.
- ^ Banker, Steve. "Why Is o9 Solutions Growing So Fast?". Forbes. Retrieved 2023-12-18.
- ^ Handley, Lucy (2023-06-19). "A.I. could 'remove all human touchpoints' in supply chains. Here's what that means". CNBC. Retrieved 2023-12-18.
- ^ Young, Liz (2023-06-16). "Retailers Are Trying to Fix Their Supply-Chain Forecasts". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-12-18.
- ^ Ashcroft, Sean (2023-06-01). "How AI is helping deliver smarter supply chains". supplychaindigital.com. Retrieved 2023-12-18.
- ^ Rikalo, Igor. "Council Post: How AI Could Transform Business Planning". Forbes. Retrieved 2023-12-18.
- ^ "Demand for Supply-Chain Data Stays Robust Amid Geopolitical, Climate Risks". Bloomberg.com. 2023-04-25. Retrieved 2023-12-18.
- ^ Rikalo, Igor. "Council Post: Three Ways To Facilitate Supplier Collaboration Across Supply Chains". Forbes. Retrieved 2023-12-18.
- ^ Cooper, Laura (2020-04-28). "KKR Invests in AI Software Maker O9 Solutions". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-12-18.
- ^ Cooper, Laura (2022-01-26). "Supply-Chain Software Provider o9 Solutions Valued at $2.7 Billion". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-12-18.
- ^ Taylor, Isaac; Bunker, Ted (2023-07-19). "WSJ News Exclusive | Backers Raise Ante for Supply-Chain Software Maker o9". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-12-18.
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