- 8 August 2018
- Transport / Logistics Services
Global logistics software providers JDA Software Inc has completed its acquisition of Blue Yonder, the retail and supply chain artificial intelligence solutions provider.
According to a statement from JDA, “customers across vertical industries will be able to leverage a first of its kind end-to-end supply chain solution with AI/ML intelligence built-in that enables them to better plan, analyze, execute and deliver across their operations on a cognitive, connected platform.”
The acquisition by JDA accelerates its autonomous supply chain capabilities, that connect intelligent systems and data, Enabling automated and more profitable business decisions, and is delivering optimise customer experiences. The Blue Yonder SaaS solutions, according to JDA, “deliver rapid time-to-value and game-changing business value – also further fuel development of the JDA Luminate cognitive SaaS platform and solutions.”
“As we execute on our vision for a truly Autonomous Supply Chain, completing our acquisition of Blue Yonder is a pivotal phase in that journey,” said Desikan Madhavanur, chief development officer, JDA. “Blue Yonder will rapidly accelerate the JDA Luminate product roadmap, helping us to continually deliver cognitive solutions that deliver game-changing and impactful business value to our customers. The Blue Yonder portfolio of AI/ML-based capabilities is available here and now to engage and deliver to our customers.”
“Today, we look to shape the future supply chain and reimagined retail environments with JDA, to fundamentally transform next-generation supply chains and retail merchandising operations,” said Prof. Dr. Michael Feindt, Blue Yonder founder and chief scientific officer. “Through Blue Yonder’s proven data science capabilities in our AI and ML solutions, we will enable real-time decision-making that unlocks more autonomous, profitable business decisions throughout our customers’ extended enterprises, unleashing the full business impact of intelligent data and systems.”
“The combination of JDA’s long-term supply chain and merchandising experience and Blue Yonder’s ML foundations and models for retail demand forecasting, replenishment, and price optimization is a well-conceived move,” said Ivano Ortis, vice president, IDC. “JDA’s acquisition of Blue Yonder will generate value for retailers in their transformation toward digital supply chains and a micro-merchandising approach, providing an important impulse for the adoption of AI-enabled commerce.”