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
- Solutions Review: The Technology Transforming the Supply Chain
- Chain Store Age: How retailers benefit from new federal supply chain actions
- The Economic Times: Accenture and Blue Yonder celebrate opening of collaboration centers
- Fortune: It’s time to unshackle our supply chains
- Unite.AI: The Role of Generative AI in Supply Chains
Analyst Reports
- Gartner Market Guide for Workforce Management Applications
- Gartner Market Share Analysis: Supply Chain Management Software, Worldwide, 2022
- Gartner Critical Capabilities for Warehouse Management Systems
- IDC Worldwide Price Optimization and Management Application Software Forecast, 2023–2027
- Nucleus Workforce Management Value Matrix, 2023
Media Relations Inquiries
Marina Renneke, APR
Global Corporate Communications Senior Director
Rossella Benti
EMEA Corporate Communications Director
mediarelationsteam@blueyonder.com
480-308-3037
Analyst Relations Inquiries
Celeste White
Vice President, Global Analyst Relations
analyst.relations@blueyonder.com