JDA Software hails pivotal Blue Yonder deal
JDA Software has completed its acquisition of supply chain AI/machine learning specialist, Blue Yonder, first announced early last month. Terms of the deal have not been disclosed.
Blue Yonder was founded in 2008 in Germany, by former CERN physicist and KIT Professor Michael Feindt. Its customers include Morrisons and OTTO.
“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,” says 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,” comments Prof. Feindt.
“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.”