RCS - Grid Dynamics - Grid Dynamics Announces Blue Yonder Partnership

Panasonic HoldingsAnnouncement

17/08/2023 15:00

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RNS Number : 4299J  Grid Dynamics  17 August 2023

Grid Dynamics Announces Partnership with Blue Yonder to Efficiently Deliver
Supply Chain Solutions at Scale

Key Takeaways:

·      Grid Dynamics enters a partnership with Blue Yonder to support
joint commerce customers.

·      Grid Dynamics significantly expands its supply chain service
portfolio with Blue Yonder's OMS microservices and WMS and TMS
solutions-enabling clients to better predict, prevent and resolve supply chain
disruptions.

·      With the efficient delivery of supply chain solutions at scale,
Grid Dynamics opens new revenue stream opportunities and supports its GigaCube
growth strategy-driving innovation at the intersection of business, data, and
technology.

SAN RAMON, CA / ACCESSWIRE / August 17, 2023 / Grid Dynamics
(https://pr.report/2qBLF3vC) Holdings, Inc. (NASDAQ:GDYN) (Grid Dynamics), a
leader in enterprise-level digital transformation (https://pr.report/X9wze7jC)
services and solutions, today announced a partnership with Blue Yonder, the
world's leading, end-to-end, digital supply chain platform provider. This
collaboration focuses on Blue Yonder's Commerce microservices and enables Grid
Dynamics to significantly broaden its supply chain service offering by
incorporating Blue Yonder's Order Management Services (OMS), along with
Warehousing and Transportation solutions. This new partnership allows Grid
Dynamics to efficiently deliver these supply chain offerings to clients at
scale.

Blue Yonder's Commerce solutions are a purpose-built, AI-infused suite of
microservice-based solutions that enable integrated business planning and
operations, real-time inventory visibility, fulfillment optimization, and
order orchestration. Beyond Commerce and Order Management, Blue Yonder is
reimagining the supply chain execution segment (WMS, TMS, WES, and OMS) with
silo-breaking capabilities that enable seamless collaboration, visibility, and
holistic optimization enabling organizations to achieve unprecedented
efficiency, and agility driving future of supply chain excellence.

"We're thrilled to join forces with Blue Yonder and enable our clients with
best-in-class supply chain solutions," said Rahul Bindlish, Vice President,
Strategic Business Development at Grid Dynamics. "Expanding our supply chain
capabilities with Blue Yonder's Commerce offerings allows us to effectively
meet the growing demands of our clients-helping them build supply chain
resilience with the ability to better predict, prevent and resolve disruptions
across their entire business."

The partnership with Blue Yonder opens new revenue stream opportunities for
Grid Dynamics. The expanded partner ecosystem supports Grid Dynamics' GigaCube
(https://pr.report/nQjZ3dyu) growth strategy framework and solidifies the
company's commitment to sustainable growth. Visit this page
(https://pr.report/NCapzY7k) to learn more about Grid Dynamics' supply chain
offerings.

"Grid Dynamics brings technical prowess and expertise that will help
accelerate our Commerce customers' digital transformation initiatives," said
Kevin Reese, Corporate Vice President, Commerce, Blue Yonder. "This
partnership allows our Commerce customers to start benefiting immediately from
our solutions and improve the experience for their end-customers and
employees."

About Grid Dynamics

Grid Dynamics (NASDAQ: GDYN) is a digital-native technology services provider
that accelerates growth and bolsters competitive advantage for Fortune 1000
companies. Grid Dynamics provides digital transformation consulting and
implementation services in omnichannel customer experience
(https://pr.report/p9PIhDe8) , big data (https://pr.report/IbHJ7gYQ) ,
analytics (https://pr.report/Uqz3OE0M) , search (https://pr.report/vjG6ZrWb) ,
artificial intelligence (https://pr.report/IKRuQ4M-) , data science & ML
(https://pr.report/GtS4MDsX) , cloud & DevOps (https://pr.report/Woas1P8c)
, and application modernization (https://pr.report/4i7t2fqJ) . Grid Dynamics
achieves high speed-to-market, quality, and efficiency by using technology
accelerators, an agile delivery culture, and its pool of global engineering
talent. Founded in 2006, Grid Dynamics is headquartered in Silicon Valley with
offices across the US, Mexico, Jamaica, the UK, Europe, and India. To learn
more about Grid Dynamics, please visit www.griddynamics.com
(https://pr.report/o2ewj3Gs) . Follow us on Facebook
(https://pr.report/oZnWgsd8) , Twitter (https://pr.report/IEamlUJF) , and
LinkedIn (https://pr.report/bwlvfkFN) .

Forward-Looking Statements

This communication contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 that are not historical facts, and involve risks and
uncertainties that could cause actual results of Grid Dynamics to differ
materially from those expected and projected. These forward-looking statements
can be identified by the use of forward-looking terminology, including the
words "believes," "estimates," "anticipates," "expects," "intends," "plans,"
"may," "will," "potential," "projects," "predicts," "continue," or "should,"
or, in each case, their negative or other variations or comparable
terminology. These forward-looking statements include, without limitation,
quotations and statements regarding the benefits of the relationship with Blue
Yonder, revenue stream opportunities, our GigaCube growth strategy, expansion
and benefits of our product offerings, and our company's future growth.

These forward-looking statements involve significant risks and uncertainties
that could cause the actual results to differ materially from the expected
results. Most of these factors are outside Grid Dynamics' control and are
difficult to predict. Factors that may cause such differences include, but are
not limited to, any factors limiting our relationship with Blue Yonder, our
revenue opportunities, our GigaCube growth strategy, our product capabilities,
the benefits of our products, and our company's growth and growth strategy.

Grid Dynamics cautions that the foregoing list of factors is not exclusive.
Grid Dynamics cautions readers not to place undue reliance upon any
forward-looking statements, which speak only as of the date made. Grid
Dynamics does not undertake or accept any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements to reflect
any change in its expectations or any change in events, conditions or
circumstances on which any such statement is based. Further information about
factors that could materially affect Grid Dynamics, including its results of
operations and financial condition, is set forth under the "Risk Factors"
section of the Company's quarterly report on Form 10-Q filed August 3, 2023,
and in other periodic filings, Grid Dynamics makes with the SEC.

Media Contact:

Cary Savas

+1 (650) 523 5000
csavas@griddynamics.com (mailto:csavas@griddynamics.com)

SOURCE: Grid Dynamics

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