o9 Solutions Inc., an AI software platform provider for transforming planning and decision-making, reported a 97% increase in Q3 2021 bookings, which translates into an almost three-fold increase in year-to-date bookings compared to the same period in 2020. These results show o9’s continued strong growth momentum.
Upsells to existing customers drove 20% of the bookings activity year-to-date at o9. This included clients that expanded their initial purchase multiple times within the year, reinforcing the rapid value proposition delivered by o9’s platform. EMEA and APAC were strong contributors to bookings in Q3, signaling o9’s growing market share within these regions. New customer bookings in Q3 2021 were well diversified across a range of enterprise sizes and o9’s core verticals with significant strength in manufacturing.
During the quarter, the company had successful deployments in new industry verticals, including one of the largest global telecom companies and a large global pharmaceutical company. There were new deployments at one of the largest beverage companies in the world, where o9 is replacing a global legacy planning solution. Overall, the quarter saw customer deployments across demand, supply chain, integrated business planning, and commercial planning – reaffirming the flexibility of the platform to deliver value for a variety of planning and decision-making use cases across the enterprise.