ComTech’s forthcoming market sizing update will show quite a bump in vendor revenues from ags & softs. We have been anticipating this for a few years and we do expect demand in that commodity group to continue to grow steadily. One of the beneficiaries of this demand appears to have been iRely. I talked with CEO, George Olney last week to catch up and discovered that iRely has grown rapidly on the back of considerable success in this space. “Globally, we have 450 customers, and we have added many users – over 1000 – in the ags and softs space since we last spoke,” he told me. “So far this year, we are around 150% of where we were last year.” This is also reflected in the fact that iRely now has over 500 staff and iRely appears to be emerging as one of the top 4 vendors in the CTRM space based on headcount and revenues. iRely has several areas of focus including petroleum retail in north America but a lot of this growth has come from the CTRM side of the business that is focused on ags and softs. George puts down some of the success that iRely… continue reading