JDA Software is to acquire leading AI company, Blue Yonder to further boost its supply chain AI capabilities, it has announced.
In a statement, JDA said the 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.Blue Yonder enables companies to take a transformative approach to their core processes, automating complex decisions that deliver higher profits and customer value using leading AI/ML algorithms.
JDA said Blue Yonder’s proven data science capabilities will allow it to more quickly embed new levels of actionable intelligence across all areas of its SaaS solution roadmap, from retail/supply chain planning, to execution, to labour management and through to omni-channel delivery to create significant value realization for customers.The cognitive capabilities of JDA’s entire solutions portfolio – from planning to execution to delivery – will be greatly enhanced and accelerated by leveraging Blue Yonder’s advanced AI/ML capabilities.
JDA Luminate solutions, including the first-of-its-kind Luminate ControlTower, which connects data and enables visibility across a company’s extended supply chain, will benefit from the “brain power” of Blue Yonder’s proven cognitive capabilities and rich, deep learnings to automate more profitable business decisions.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 ChainTM.To help deliver on this joint mission, Blue Yonder founder, former CERN physicist and KIT professor Dr. Michael Feindt will provide ongoing thought and innovation leadership to both companies, and CEO Uwe Weiss will join JDA’s Operating Committee.
“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,” said JDA Chief Executive Officer (CEO) Girish Rishi.
“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.”
Uwe Weiss, Blue Yonder CEO, commented: “With JDA’s global scope and reach, we have a terrific opportunity to drive the use of our AI solutions throughout the world’s largest and most complex supply chains and to support companies in driving AI innovation and automated decisions in complex supply chains.