8.2 C
New York
Tuesday, May 28, 2024
No menu items!
Home Automobiles Panasonic Acquisition of AI logistics firm Blue Yonder for

Panasonic Acquisition of AI logistics firm Blue Yonder for

American AI Supply Chain Software Company Blue Yonder will be now under Panasonic arms, where company have invested 7.1 Billion Dollar, which makes it wholly owned subsidiary of Panasonic. Earlier company have having only 20% stake in the former, according to source its one of biggest deal by Panasonic in its history.

More than 3000 clients are being served by Blue Yonder where some of the premium names which includes multinationals Walmart and Coca Cola as well as airlines and couriers such as FedEx.

“The need for more intelligent, autonomous and edge-aware supply chains has been dramatically heightened by the Covid-19 pandemic,” Panasonic said in a statement, citing “drastic shifts in supply demand” due to virus lockdowns.

Most Popular

Building for Scale: Optimizing Performance with Custom Post Types (CPTs) in WordPress

Custom Post Types (CPTs) are a powerful feature in WordPress that allows you to create content structures beyond the traditional post and page format....

The Power of Permission: Mastering Email Marketing Services in 2024

With so many promotional messages flooding inboxes in the digital age, developing an effective email marketing strategy calls for dexterity. The days of sending...

Understanding the Crucial Role of Backlink Audits in SEO

Key Takeaways Backlink audits are essential for diagnosing and enhancing SEO strategies. Understanding the components of backlink auditing can steer your website towards a...

Understanding the Impact: Donations to Africa

Introduction: Donations to Africa play a crucial role in addressing various socio-economic challenges prevalent across the continent. From poverty alleviation to healthcare improvement and educational...

Recent Comments