JDA acquires artificial intelligence firm Blue Yonder – DC Velocity

Deal will add pricing optimization and forecasting replenishment to supply chain software suite, JDA says. Supply chain technology firm JDA Software Group Inc. today said it has acquired the German artificial intelligence provider Blue Yonder GmbH, in a move it said would allow its Luminate platform of software products to generate more automated decisions and forecasts. Scottsdale, Ariz.-based JDA launched its Luminate platform in May, saying the platform would extend existing JDA applications by using artificial intelligence (AI) and advanced analytics to improve users' ability to predict consumer demand and deliver faster fulfillment. Adding additional AI and machine learning capabilities from the new acquisition will allow JDA users to generate autonomous, profitable business decisions and use their supply chains as a competitive advantage, particularly in the areas of pricing optimization and forecasting replenishment, JDA said. JDA did not disclose the terms of the deal, saying the acquisition had not yet closed.