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Panasonic's digital transformation begins on the factory floor

Tie-up with US software company holds key to pursuit of recurring revenue

People look at Panasonic's Viera televisions: The Japanese electronics maker is working to achieve a makeover in its business model with the help of a U.S. software company.    © Reuters

OSAKA -- Japanese electronics maker Panasonic is trying to transform its business into one that derives a big chunk of revenue from subscription and other recurring revenue streams.

As part of this digital makeover drive, the company is investing $800 million in Blue Yonder, a major U.S. provider of supply-chain management software.

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