JDA Software Inc., the leading provider of end-to-end supply chain and retail solutions, announced it has signed a definitive agreement to acquire Blue Yonder, the market leader in AI solutions for retail.
This acquisition reflects the increasing importance of connecting intelligent data and insights to enable more profitable Autonomous Supply Chain decisions and optimized customer experiences. It builds on JDA’s strategy of developing cognitive and connected solutions to power digital transformations for companies seeking to create a competitive advantage for their supply chains. The acquisition is subject to competition agency approval.
Accelerate Digital Transformations
As part of the world’s leading supply chain Management Company, Blue Yonder will be able to accelerate its growth, invest more resources to development and deliver even more innovation to customers at scale to help deliver on JDA’s vision for an Autonomous Supply Chain.
Chief Executive Officer of JDA Girish Rishi said that major digital transformation of supply chains is underway and the ability to quickly access intelligent, actionable data and insights will determine the future winners and losers. JDA’s end-to-end solution portfolio, coupled with Blue Yonder’s leading AI/ML capabilities, will enable customers to deliver more autonomous, profitable business decisions throughout their extended supply chains, unlocking the full business impact of intelligent data.