o9 Grows Subscription Revenue by 37% in 2024

DALLAS--(BUSINESS WIRE)--o9, a leading enterprise AI software platform provider for transforming planning and decision-making, today reported that its subscription revenue grew by 37% year-over-year in 2024.

During 2024, o9 established numerous new client partnerships with marquee companies in sectors as diverse as consumer goods, automotive, retail, and industrial manufacturing. Notable new clients included a leading global producer of petrochemical products, one of the largest processed food companies in the U.S., an iconic global beverage brand, and one of the world’s most recognizable automobile manufacturers, among others. o9 also broadened its reach geographically, with outsized growth in key Asia Pacific and Latin American markets.

o9 also significantly expanded engagements among its existing clients across multiple industries, including consumer electronics, medical devices, automotive suppliers, telecom, and several global retail, fashion and apparel, food and beverage companies. The Company successfully completed more than 70 go-lives at many leading brands throughout the globe, representing a wide range of use cases.

In 2024, o9 enhanced its Digital Brain platform by introducing GenAI-powered Large Language Model (LLM) composite agents. In addition to commencing multiple pilots, the Company signed the first commercial engagement of its GenAI offering during the year.

o9 continued to advance its Environmental, Social, and Governance (ESG) initiatives in 2024, including the formalization of a Climate Transition Plan to meet its decarbonization targets by 2040 and the renewal of ISO 14001 certification. Employees across the globe contributed over 5,000 volunteer hours through global and regional initiatives designed to create positive and social environmental impact.

o9's Chief Revenue Officer Stephan de Barse, who has been with the company since 2018, will leave the Company effective March 31, 2025 to pursue other interests. o9 has initiated a search process to identify a successor for the role. Igor Rikalo, o9's President and COO, will serve as interim CRO to ensure a smooth transition.

Chakri Gottemukkala, Co-Founder and CEO of o9, said, “In 2024, o9 achieved strong growth while continuing to drive innovation and transformation for our clients. The GenAI enhancements to our platform and successful client partnerships have reinforced our ability to deliver measurable value across a range of industries. We are excited to build on this success in 2025, as we help more companies unlock the potential of AI-driven planning and decision-making.”

Notable highlights in Q4’24 include:

• o9 Achieves Catena-X Demand and Capacity Management Certification, the Automotive Industry’s First Open and Collaborative Data Ecosystem
• o9 Selected By Envu to Rapidly Transform Its Supply Chain Planning Capabilities
• o9 Extends Partnership with Guitar Center for AI-Powered Merchandise Financial Planning Capabilities
• o9 Supports Valeo in Driving Digital Transformation Across Its Global Supply Chain
• o9 Continues Expansion Into Thailand Market With Indorama Ventures Partnership
• o9 Partners With Molson Coors on a Multi-Year Initiative to Transform its Enterprise Planning Capabilities in the Americas
• o9 Ranks No. 430 on the 2024 Deloitte Technology Fast 500™ in North America
• o9 Receives the Gold Medal Award by EcoVadis for Second Consecutive Year
• o9 Achieves the AWS Consumer Goods, Retail, and Manufacturing and Industrial Competencies in 2024
• o9 Named a Leader in three IDC MarketScape Worldwide Supply Chain Planning Vendor Assessments
• In 2024, o9 hosted its annual aim10x digital event, with almost 11,000 registrations, and organized 12 aim10x On Tour events in global cities such as Dallas, Munich, and São Paulo, featuring more than 100 speakers and over 2,300 attendees.

About o9

o9 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. For more information, please visit www.o9solutions.com.