Blue Yonder reports USD $1.36bn revenue growth in 2024

Blue Yonder has announced its Q4 2024 company highlights and Q1 2025 industry insights, detailing its continuing growth in SaaS revenue and an increased focus on artificial intelligence capabilities.

The company reported its full-year 2024 revenue reached USD $1.36 billion, with notable SaaS revenue growth of 14.2% year-over-year.

In that period, Blue Yonder attracted 132 new customers and had a net revenue retention rate of 101.2%.

In the fourth quarter of 2024, Blue Yonder added 42 new customer logos and was featured in 30 key technology analyst reports.

The company's recent product release aims to revolutionise supply chain planning with new solutions that leverage AI for increased effectiveness and scalability across the supply chain.

CEO Duncan Angove stated, "As technology continues to advance, the emergence of generative AI has shown us that companies embracing this innovation will be the ones who can quickly overcome supply chain disruptions and manage their business efficiently. Blue Yonder has been implementing AI in our solutions for more than a decade and with our latest product release, we have further cemented AI into our Blue Yonder Platform and the solutions that sit on top of it. These cognitive solutions are enabling organizations to be more agile, accelerate their global expansion, and meet their business goals."

Looking towards 2025, the company highlighted AI's increasing role in reshaping the retail industry, particularly in planning and operations, demand forecasting, and inventory management.

According to Angove, "Looking toward 2025, AI will be crucial in creating resilient supply chains. AI agents will transform work by automating complex tasks and providing deeper insights, allowing teams to focus on strategic goals. Additionally, AI-driven insights will advance sustainability, helping businesses optimize resources and reduce their environmental impact."

Blue Yonder also addressed key consumer trends, noting the growing importance of sustainability, with consumers expecting environmentally friendly practices that range from waste reduction to optimised logistics to minimise carbon emissions. The company emphasised the alignment of technology with EU regulations as a beneficial strategy for retailers aiming to meet sustainability demands.

The report also underscored the global impact of trade tensions and tariffs on manufacturing sectors, highlighting the importance of advanced risk modeling and strategic planning to manage complex tariff scenarios and mitigate supply chain disruptions.

The logistics sector is predicted to focus on building resilient supply chains in the face of geopolitical and environmental challenges, with an emphasis on technology adoption, AI, and predictive analytics to enhance operational efficiency and quality.

Another insight was the rise of digital twins in retail, which can optimise inventory management, improve the shopper experience, and build supply chain resilience by enabling proactive responses to potential disruptions. The integration of these technologies may drive new efficiencies and adaptability in retail.

Recent accolades for Blue Yonder include recognition in the Newsweek Excellence 1000 Index 2025, an award from Supply & Demand Chain Executive magazine, and a fifth consecutive certification as a Great Place to Work in India.

Additional highlights include Blue Yonder's Consumer Automotive Personalization Survey findings, indicating over 40% of prospective car buyers consider vehicle customisation important, reflecting a key factor alongside delivery speed and cost in purchasing decisions.