FedEx and Microsoft Extended their Partnership

FedEx and Microsoft Extended their Partnership
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FedEx and Microsoft announced a new multiyear collaboration to help transform commerce. Together they aim to create opportunities for their customers through multiple joint offerings powered.

“FedEx has been reimagining the supply chain since our first day of operation, and we are taking it to a new level with today’s announcement,“ said Frederick W. Smith, chairman and CEO, FedEx. “Together with Microsoft, we will combine the immense power of technology with the vast scale of our infrastructure to help revolutionize commerce and create a network for what’s next for our customers.

This new strategic alliance represents a long-term commitment between the companies to fuel innovation, collaborate on product development and share subject-matter expertise. By combining the breadth and scale of the FedEx network and the Microsoft cloud, businesses will have an unprecedented level of control and insight into the global movement of goods.

“Now more than ever, organizations are counting on an efficient and capable supply chain to remain competitive and open for business,“ said Satya Nadella, CEO, Microsoft.  “Together with FedEx, we will apply the power of Azure, Dynamics 365 and their AI capabilities to this urgent need, building new commerce experiences that transform logistics for our mutual customers around the world.“

FedEx Surround, the first solution resulting from the collaboration of two companies, allows any business to enhance visibility into its supply chain by leveraging data to provide near-real-time analytics into shipment tracking, which will drive more precise logistics and inventory management. It will provide near-real-time insights, down to the granular level of ZIP code, to shine a digital light on the progress and movement of physical inventory. The benefits offered by FedEx Surround will extend to any business with a supply chain and particularly those that depend on highly time-sensitive deliveries.