JDA to Acquire Blue Yonder
JDA has announced that it will acquire Blue Yonder, provider of artificial intelligence (AI) and machine learning (ML) SaaS solutions for retail and the supply chain.
Blue Yonder has a large team of PhD-level data scientists focused 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 THE critical component to success in enabling a more profitable Autonomous Supply ChainTM and creating differentiated customer experiences. This acquisition builds on JDA’s strategy of providing more innovative, cognitive solutions and better-connected data to power digital transformations as companies seek to turn their supply chains into competitive advantage. JDA plans to leverage Blue Yonder’s cognitive capabilities across its entire portfolio of planning, execution, retail, labor and store operations solutions.
Blue Yonder’s leading AI/ML capabilities should allow JDA to quickly embed new levels of actionable intelligence across all areas of the JDA LuminateTM SaaS platform. In the near-term upon deal closing, its customer base is expected to benefit from the solution's cognitive demand management capabilities. JDA’s retail customers can take advantage of Blue Yonder’s pricing optimization, forecasting, merchandising and replenishment solutions, which complement and enhance JDA’s solutions in these areas, to help optimize inventories, increase margins and deliver outstanding customer experiences, JDA reports.
JDA’s acquisition of Blue Yonder is expected to close in August.