With Three-Year Revenue Growth of 669% Percent, o9 Appears on the Inc. 5000 for the 2nd Consecutive Year
DALLAS–(BUSINESS WIRE)–#ai—Inc. magazine ranked o9 Solutions at No. 657 on its 2019 Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. This marks the second year in a row that o9 has landed on the list, with a revenue growth of 669% earning the company its spot in the top 15% of the rankings. The annual list represents a unique look at the most successful companies within the American economy’s most dynamic segment.
“o9 has been riding a wave of tremendous growth and market enthusiasm for the last several years,” said Chakri Gottemukkala, CEO of o9 Solutions. “As we’ve acquired numerous clients who represent the biggest brand names in global business, I’ve often been asked how we do it, and there are two primary reasons. Number one, our o9 team is comprised of the best and brightest in the industry, many of whom helped pioneer the supply chain planning space. Number two, our clients recognize the differentiation of the o9 platform. We’ve designed the platform to have the same ease of use that we enjoy and expect in consumer applications—like the immediate answers generated by Google, the demand/supply matching capabilities of rideshare apps, and the collaboration tools enabled by social media. That breaks the mold of traditional enterprise planning software and builds a superior level of user adoption for our clients.”
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The aggregate revenue of the Inc. 5000 totals $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” said Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
ABOUT o9 Solutions, Inc.
o9 Solutions is the premier AI-powered platform for driving digital transformations of integrated planning and operations capabilities. o9’s clients span a variety of industries across manufacturing and retail supply chain. Whether it is driving demand, aligning demand and supply, or managing P&L, any process can be made faster and smarter with o9’s AI-powered digital solutions. Bringing 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, o9 empowers organizations with superior visibility and insights that are both predictive and prescriptive. With o9’s AI-powered solutions, enterprises can achieve faster, smarter decision making and execution. For more information, visit www.o9solutions.com.
More about Inc. and the Inc. 5000
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. For more information, visit www.inc.com.