2015 Year in Review
It’s certainly been a big year for LLamasoft. With multiple acquisitions, a continued hiring surge and expansion into new products, it was a historic year for the software company. Here are a few highlights.
In February LLamasoft experts landed on the Supply and Demand Chain Executive Pros to Know list for the sixth consecutive year. Director of Global Health Neelima Ramaraju and Vice President of Solutions Mike Detampel were honored on this year’s list of innovative thinkers in the industry.
In the spring, LLamasoft expanded its US presence by opening two new offices in Atlanta and St. Louis. With the addition of these new offices, LLamasoft has fourteen offices on five continents. The LLamasoft team hosted a training and recruiting event at the new Atlanta office to celebrate its opening.
The company has experienced long-term, sustained growth for several years and 2015 was no different. Hosting several open houses and participating in events across the country to attract the brightest minds in supply chain, LLamasoft added plenty of new LLamas to the roster this year. And the hiring continues with 20-plus open positions and more hiring planned for the new year.
In April LLamasoft acquired the LogicTools technology suite that was previously held by IBM. The acquisition included the LogicNet Plus, the Inventory and Product Flow Analyst and the Transportation Analyst products as well as the related technology and support team. The joining of these two suites provides even more leading technology and offerings to the LLamasoft customer base.
In June the company hosted the fifth annual SummerCon supply chain design conference in Park City, Utah drawing upwards of 0350? supply chain and logistics professionals from 32 states and 22 countries representing numerous industries. The conference offered dozens of customer presentations including case studies from Nike, Caterpillar, Unilever, Cardinal Health, CHEP, DSW, Land O’Lakes, Urban Outfitters, Cabela’s and John Snow, Inc. Additionally, two days of training, plenty of networking opportunities, entertainment and keynote addresses were just some of the highlights of this year’s event.
The LLamasoft team spent a good portion of the year on-the-road, attending dozens of supply chain tradeshows and conferences around the globe. Frequently presenting at conferences, LLamasoft was pleased to have several customers present their use of the tools, and sometimes present alongside clients, including Land O’Lakes at the Gartner, General Motors at Automotive Logistics and Urban Outfitters and Cabela’s at the CSCMP Annual Global Conference.
September brought more big news as it was announced that LLamasoft would be receiving $50 million in Series B funding from investment giant Goldman Sachs. The minority investment is planned to fund numerous technology development and growth initiatives. The investment has also granted Goldman Sachs one seat on LLamasoft’s Board.
In November LLamasoft announced plans to acquire the Barloworld Supply Chain Software suite, including the OPTIMIZA and CAST products, as well as nearly 100 employees. This acquisition not only dramatically expands LLamasoft’s reach in the European market but also moves them into the supply chain planning space. There will be numerous new developments about this acquisition over the coming year but the entire team is excited about combining some of the best thinkers in the supply chain industry to work on the most innovative products and the absolute best offerings to customers in the market.
Also in November, LLamasoft was honored by a couple of organizations for their growth and innovation. LLamasoft was named to the Deloitte Technology Fast 500 for North America 2016, making the list for the fourth consecutive year. LLamasoft was the fast growing Michigan-based company to make the list and the 95th fastest growing software company on the list. LLamasoft was also named MLive Deals of the Year, “Technology Company of the Year” in addition to receiving its eighth consecutive “Fast Track” honor by Ann Arbor SPARK.
It’s been a good year and we look forward to what 2016 holds!