tegos Develops Comotor for Physical Metals Players

For some time, ComTech had been aware of a German vendor of recycling software called tegos but just recently, we noted that the company had brought a new solution to market called comotor for metals trading. I talked to co-founder, Ralf Linnemann, and comotor product manager, Miguel Flaminio, last week to find out a bit more. tegos was founded in 1996 and today employs some 60 people. It is a Microsoft Dynamics NAV partner and it got started by developing a scrap metal recycling product on top of the ERP product. To that end, tegos is another of the ERP-based vendors that have extended in to the commodity management and trading world. tegos started developing comotor in response to a number of customers and prospects, who said that they were trading metals. Interestingly, tegos developed comotor as an investment without an initial customer. It is now exploring the possibilities of extending the software into other commodities as well. Today, tegos has 8 customers on the comotor product including customers in Germany, the Netherlands and Thailand. Their strength is the physical metals side and support for the physical processes according to Mr. Linnemann. The solution is strong on supporting the capture … continue reading

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