JDA’s SaaS Momentum Continues with Strong Q2 Results

General News

▤ Summary

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--JDA Software, Inc., the leading platform provider for supply chain management, today announced strong Q2 2019 results driven by more than 100% growth in SaaS bookings versus the same quarter in 2018. “In the second quarter, we delivered strong growth across bookings, revenue and profit driven by an increasing demand from customers for our AI/ML-powered Luminate solutions,” said Girish Rishi, chief executive officer, JDA. SaaS annual recurring revenue ended at an all-time high of $156 million. Some of the customers that selected or extended their footprint with JDA/Blue Yonder during the quarter include: JDA Software offers the leading supply chain management (SCM) platform powered by artificial intelligence (AI) and machine learning (ML). Using JDA’s comprehensive SCM platform and its broad partner ecosystem, customers can better predict and shape demand, transform product delivery, fulfill more intelligently, grow revenue and profits, and deliver superior customer experiences.

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industries
Manufacturing Industry
applications
ERP & Process Management

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Labels
Supply Chain Management Software AI Software SaaS

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