o9 Reports 36% YoY Annual Recurring Revenue Growth

o9, a leading enterprise AI software platform provider for transforming planning and decision-making, today reported that its annual recurring revenue (ARR) in Q1’24 grew 36% year-over-year. o9 also signed a multitude of new clients in diverse industries and solidified its relationship with existing clients by extending the scope of projects and adding more value.

During the quarter, o9 successfully implemented its AI-poweredDigital Brain platformat multiple global clients across a wide range of industry sectors, including automotive, process manufacturing, telecommunications, fashion, retail, and industrial wood processing, to help them optimize their planning and decision-making capabilities. o9 alsoannounced substantial advancementsto its Digital Brain platform by incorporating a rich set of Generative AI (GenAI) powered capabilities into its core Enterprise Knowledge Graph (EKG) models.

o9 continued to grow its global headcount to nearly 2,800 in Q1’24. The Company expanded its global footprint by opening new offices inShanghai, and expanding its presence in Bangalore, India.

During the quarter, o9 participated in the54th annual Davos World Economic Forum 2024in Davos, Switzerland, where it hosted an exclusive executive panel. The panel facilitated discussions on pivotal issues facing the global supply chains in the post-COVID-19 era, emphasizing the imperative of digitalization in mitigating challenges such as component shortages. Moreover, o9 joined theWorld Economic Forum’s Innovator Communities, which unites private companies valued at more than $1 billion.

In March, the Company successfully organized its annual client event,aim10x digital 2024, to transform supply chain and commercial planning. With over 10,000 registrations, supply chain, procurement, revenue management, IT, and sustainability professionals tuned in to learn best practices and insights from leaders and executives driving growth and innovation. In 2024, o9 will host 12 aim10x in-person events globally, providing excellent networking and learning opportunities. Registerhere to join an aim10x On Tour event in a city near you.

Chakri Gottemukkala, Co-founder and CEO of o9, said, “o9 is committed to delivering unparalleled value to our customers by transforming their business planning and decision-making capabilities. Our unwavering dedication to customer success drives continuous innovation and enhances our future-proof platform, enabling our clients to achieve their strategic objectives and drive sustainable growth. This quarter’s success highlights the tangible value of the o9 platform, underscoring our mission to provide the world’s most value-generating enterprise planning platform.”

Other notable highlights in Q1’24 include:

• o9 to support M&S with the digital transformation and upgrade of its clothing & home planning systems
• o9 partners with Skechers to digitally transform the company’s retail planning processes
• o9 partners with Natura and Avon in Brazil to offer digital commercial planning solutions
• o9’s co-founder and CEO Chakri Gottemukkala has become a member of the WSJ’s CEO Council and has been highlighted as one of the World’s Most Influential Decision-makers
• o9 andResilincpartner to provide joint clients with greater visibility into their multi-tier supply network
• o9 was named aFood Logistics 2023 Top Software & Tech Award Recipientfor its innovative Supplier Collaboration solution
• The Company rankedNo. 78on Inc. Magazine’s List of the Southwest Region’s fastest-growing private companies
• Three o9ers were recognized as2024 Pros to Know WinnersbySupply & Demand Chain Executive
• o9 announced its full suite ofRevenue Growth Managementsolutions
• o9 andAWS expanded their collaboration
• o9 submitted and validated itsScience-Based Emissions Reduction Targets
• o9 announced Make a Difference (MAD) as the recipient of its inauguralDigital Tomorrow Grant