Supply & Demand Chain Executive: Panasonic takes 20% stake in Blue Yonder
Story originally appeared in Vogue Business on May 20, 2020. Excerpts from the story below. To see the full story visit SDCExec.com.
Panasonic Corporation announced that it is making an equity investment in Blue Yonder. The investment via a secondary sale of shares values Blue Yonder at an enterprise value of $5.5 billion. It builds upon a strong strategic relationship between the two companies, including a joint venture in Japan announced in April 2019. Panasonic will have a 20% minority ownership stake and one seat on the Board of Directors of Blue Yonder.
The expanded partnership between Panasonic and Blue Yonder will accelerate the promise of the Autonomous Supply Chain. Harnessing the edge via the Internet of Things (IoT), Blue Yonder’s platform utilizes machine learning to drive faster, more context-aware business decisions — all to deliver autonomous outcomes.
In The News
- Modern Materials Handling: Blue Yonder’s Logan Kluth on the Real Value of Cloud WMS
- SiliconANGLE: The Road to Intelligent Data Apps With Blue Yonder’s Chief Product Officer, Gurdip Singh
- FreightWaves Running On Ice: Prioritizing The Vaccine Supply Chain
- Sourcing Journal: Blue Yonder’s Sónia Peres On AI/ML’s Role in Fashion, Retail
- diginomica: Blue Yonder CEO Duncan Angove is on a mission to eradicate siloed supply chain thinking in the enterprise
Analyst Reports
- IDC Market Analysis Perspective: Worldwide Warehouse Management Systems, 2024
- Gartner Maximize the Value of AI in Supply Chains With “Whole Product” Use Cases
- IDC MarketScape: Worldwide Professional Services Providers for Retailers 2024 Vendor Assessment
- IDC Market Analysis Perspective: Worldwide Transportation and Logistics, 2024
- IDC Market Glance: Retail Last Mile, 3Q24
Media Relations Inquiries
Marina Renneke, APR
Global Corporate Communications Senior Director
Rossella Benti
EMEA Corporate Communications Director
Meredith Mackintosh
NA Corporate Communications Manager
mediarelationsteam@blueyonder.com
480-308-3037
Analyst Relations Inquiries
Celeste White
Vice President, Global Analyst Relations
Sarah Hart
Program Director, Global Analyst Relations
Lindsey Hiefield
Program Manager, Global Analyst Relations
analyst.relations@blueyonder.com