Tech Tuesdays: Blue Yonder Makes Acquisition

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WorkJam, the digital workforce solution provider, received a $20 million investment from Export Development Canada.

WorkJam, the digital workforce solution provider, said it received a $20 million investment from Export Development Canada to fuel its international expansion. The company plans to leverage the funding to bolster its market presence in Europe and Asia.

The acquisition comes at a time when retailers and brands face ongoing supply chain volatility and disruptions, which makes real-time operational visibility and agility crucial.Angove said with real-time insights, AI-driven analysis and improved collaboration across networks, “businesses can preempt disruptions and optimize performance across their supply chains.”

“Today’s business environment demands that decisions be made swiftly and collaboratively across an increasingly complex network of partners,” Angove added. “The newly acquired capabilities from One Network are crucial for businesses looking to thrive amid the challenges of modern markets.”are becoming increasingly disruptive and expensive, with the global average cost reaching a staggering $4.88 million in 2024, according to IBM’s annual Cost of a Data Breach Report.

 

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