LGTY
Industry:
Software

DESCRIPTION

American Software, operating primarily through its subsidiary Logility (and in the process of rebranding to that name), makes cloud-based supply chain planning software for mid-to-large enterprises. The core product is the Logility Decision Intelligence Platform, a SaaS suite that uses AI and machine learning to help companies manage demand forecasting, inventory optimization, production planning, supplier management, and scenario planning. Logility serves approximately 650 clients across roughly 80 countries, concentrated in apparel, food and beverage, consumer packaged goods, and specialty chemicals. The company sells through a direct sales force and a network of value-added resellers. Logility generates revenue from SaaS subscriptions, legacy on-premise maintenance fees, professional services, and software licenses, with recurring revenue representing roughly 85% of total revenue. Subscriptions are the primary and fastest-growing revenue stream, with contracts running three to five years billed annually in advance. Logility is actively converting its on-premise installed base to SaaS, which management says typically generates 2x to 3x the legacy maintenance fee in subscription revenue. The company acquired Garvis AI in FY24 and rebranded its AI-native demand forecasting product as DemandAI+, which management says improves forecast accuracy by 20-30%. Additional AI-powered modules include InventoryAI+ and the Decision Command Center. With 26 platform components across 8 planning processes, Logility pursues a land-and-expand model, entering accounts with a focused deployment and cross-selling additional modules over time.

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