JDA Software to Acquire Artificial Intelligence Provider Blue Yonder
JDA will acquire Blue Yonder, which offers artificial intelligence (AI) and machine learning (ML) SaaS solutions for retail and the supply chain. The combination of JDA’s end-to-end supply chain solutions paired with Blue Yonder’s actionable AI/ML intelligence will accelerate JDA's customers’ digital transformations. JDA’s acquisition of Blue Yonder is expected to close in August, subject to competition agency approval.
Blue Yonder has one of the largest and foremost teams of PhD-level data scientists focused squarely on retail and supply chain. This acquisition will expand the scale and reach of Blue Yonder’s AI and ML solutions, which now deliver hundreds of millions of automated business decisions a day.
Leveraging real-time, intelligent data has become a critical component to success in enabling a more profitable Autonomous Supply Chain and creating differentiated customer experiences. This acquisition builds on JDA’s strategy of providing solutions and better-connected data to power digital transformations as companies seek to turn their supply chains into competitive advantage. JDA will leverage Blue Yonder’s cognitive capabilities across our entire portfolio of planning, execution, retail, labor and store operations solutions.
Blue Yonder’s AI/ML capabilities will also allow JDA to quickly embed new levels of actionable intelligence across all areas of the JDA Luminate SaaS platform. In the near-term upon deal closing, JDA's customer base will benefit from cognitive demand management capabilities. JDA’s retail customers can take advantage of Blue Yonder’s pricing optimization, forecasting, merchandising and replenishment solutions, which enhance JDA’s solutions in these areas, to help optimize inventories, increase margins and deliver outstanding customer experiences.
Visit JDA.com/blueyonder for additional information.