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JDA Buys Retail Predictive Analytics Firm Blue Yonder

July 4 2018

Supply chain solutions provider JDA Software has acquired predictive analytics company Blue Yonder, which uses AI to help retailers automate decisions across the entire value chain. Terms of the deal were not disclosed.

Professor Michael FeindtFounded in 2008 in Karlsruhe, Germany by former CERN scientist Professor Michael Feindt (pictured), Blue Yonder's pricing and replenishment solutions are driven by proprietary machine learning algorithms, developed by its PhD-level data scientists in Europe and the US. These will now power JDA's Luminate platform, allowing it to 'embed new levels of intelligence' across all areas of its SaaS solution roadmap. Blue Yonder's Demand Forecast & Replenishment and Price Optimization solutions will also complement and enhance JDA's own retail planning solutions, which deliver integrated, customer-centric supply chain and merchandising processes.

Professor Feindt will provide ongoing thought and innovation leadership to both companies, and CEO Uwe Weiss will join JDA's Operating Committee. JDA CEO Girish Rishi comments: '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'.

Web sites: www.jda.com and www.blue-yonder.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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