Canvas Category: Software : Supply Chain : Control Tower
The o9 Digital Brain is a game-changing planning platform helping global companies across industries transform their supply chain, commercial, finance, and sustainability decision-making for digital age volatility and complexity.
o9 Solutions Announces Partnership with MangoGem S.A. to Optimize Supply Chain Planning and Scheduling
o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making, today announced a new business alliance with MangoGem S.A., a software company for real-time automated advanced optimization of operations through AI-powered planning and scheduling. The partnership enables o9 clients to benefit from a single solution that drives integrated business planning and scheduling processes directly on the o9 platform, ultimately optimizing their operations and decision-making capabilities.
MangoGem offers AI-powered optimization software with highly sophisticated and innovative algorithms for production planning and scheduling for manufacturers. Through this partnership, the MangoGem versatile enterprise modeling with innovative solvers will be fully integrated into o9‘s AI-powered Digital Brain platform’, creating a unique opportunity for manufacturers across industries for supply chain and operations optimization.
Existing Investors Double Down on o9 Solutions’ Growth With Incremental Investment at $3.7 Billion Valuation
o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making for global enterprises, today announced that its existing investors, led by General Atlantic’s BeyondNetZero, the inaugural companion fund for the growth equity firm’s climate investing efforts, have invested an additional $116 million in the Company. Existing investors KKR and Generation Investment Management also participated in the round. The investment values o9 at $3.7 billion, up from $2.7 billion since the Company’s last investment round in January 2022.
General Atlantic’s BeyondNetZero and Generation Investment Management join KKR as investors in o9, valuing the company at $2.7 billion. This marks an increase from the $1 billion valuation in April 2020 at the time of the company’s first-ever external investment led by KKR, which is also participating in this funding round. This capital raise follows a record year during which the company reported a greater than threefold increase year-over-year in annual recurring revenue (ARR) from new customers.
o9 Solutions Expands Partnership with Genpact to Deliver Planning-as-a-Service Leveraging Generative AI
Genpact (NYSE: G), a global professional services firm focused on delivering outcomes that transform businesses, today announced it is expanding its partnership with o9 Solutions, a leading enterprise artificial intelligence (AI) software platform provider for transforming planning and decision-making, to help companies navigate ongoing supply chain disruptions by leveraging generative AI.
This service harnesses the power of o9’s Digital Brain platform as well as its advanced network planning modelling capabilities. Offered as a subscription, the planning-as-a-service offering provides a flexible engagement model that enhances a company’s return on investment in its digital transformation initiatives. This is particularly beneficial as enterprises navigate the challenges of volatile macroeconomic pressures in today’s market.
o9 Solutions Raises $295 Million From Strategic Investors to Continue its Growth Across Industry Verticals & Markets
o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making speed and quality in companies across industry verticals, today announced that it has received equity investments totaling $295 million from General Atlantic, including BeyondNetZero, its climate investing venture, Generation Investment Management, a pure-play sustainability investment manager, and existing investor KKR. This significant investment will help o9 build on its momentum and accelerate growth for its AI-powered Integrated Business Planning platform it calls the “Digital Brain” across industry verticals and markets. It will also help o9 drive continued innovation in R&D, industry knowledge models and partner ecosystem development that will help companies implement o9’s game-changing platform faster and realize greater value.