Microsoft and FedEx Report Cross-Platform Logistics Solution for E-Commerce
Jan 24, 2022 By MarketDepth
Microsoft Corp. (NASDAQ: MSFT) and FedEx Corp. (NYSE: FDX) have reported a new platform to transform commerce, supply chains and logistics. Microsoft and FedEx will mix FedEx network intelligence with Microsoft Dynamics 365 capabilities to introduce a cross-platform “logistics as a service” for brands, merchants and retailers. “Nearly two years ago we set out on a mission with Microsoft to transform the commerce ecosystem,” said Raj Subramaniam, president and COO of FedEx Corp. “In that time, we’ve made significant progress, leveraging Microsoft Azure technology with our FedEx Surround solution, which provides critical support in enabling advanced monitoring of time-sensitive priority shipments. This next phase of our collaboration will continue to connect the unmatched supply chain insights from the FedEx network with the Microsoft Cloud to improve e-commerce experiences for brands, merchants and consumers.”
“More than ever, it’s clear just how critical having a resilient supply chain is for every organization’s success in the modern economy. We’re bringing data and insights from the FedEx network together with the Microsoft Cloud, starting with Dynamics 365, to help organizations accelerate their digital transformation across their business operations so they can offer customers more integrated ways to shop, and faster, more efficient deliveries.”
Satya Nadella, chairman and CEO, Microsoft