Houston, TX, USA and Prague, Czech Republic, February 13th 2019. Commodity Technology Advisory (ComTech Advisory), the leading analyst firm in commodity trading and risk management (E/CTRM) technology, experienced significant increased demand in 2018 for its services and products. Of note,
- It provided its analyst services to a record number (40) of different companies including software vendors, PE/VC firms, Consulting firms and Commodity Trading firms,
- It delivered several software shortlisting or software selection engagements for major commodity trading firms across the globe,
- It produced two major research reports including the definitive 2018 Vendor Perception Report, more than 6 co-branded White papers, and many other original research reports,
- Traffic at its portal site – CTRMCenter – grew more than 23% over the previous year,
- It produced 8 videos in the popular Conversations with Leaders in CTRM series,
- It launched and produced 6 episodes of the first ever industry podcast series, CTRMRadio,
- Presented at and/or moderated several high-level industry meetings and private forum events on current trends in the industry and technology,
- The firm’s revenues, which continue to see growth in all regions, were equally split between North America and the rest of the world.
Patrick Reames, Founder and Managing Partner “As the global energy and commodity markets continue to rapidly evolve, we are seeing increasing demand for services that provide critical trend analysis and insights around the intersection and convergence of new and emerging technologies, and the commercial practices of commodity trading, risk management, and logistics. With increasing and rapid adoption of cloud technologies and the disaggregation of large-scale monolithic systems, technology buyers are increasingly seeking out those firms and solutions that can help them identify and leverage new technology tools to create more agile tech infrastructures and business processes. Given the wealth of research and market intelligence that ComTech provides via our advisory services, and through the CTRMCenter market portal, we see our 2018 results as indicating that we continue to be the first stop for those firms that seeking to update, replace or launch new technologies solutions to support their energy and commodity trading and management activities.”
“Having provided analyst and related services into the commodity trading & risk management industry for much of the last two decades, we have seen that the pace and scope of change impacting the industry and the wealth of choices for potential solutions has continued to accelerate rapidly,” said Dr. Gary M. Vasey, Managing Partner. “More than ever, having the ability to access independent research and real world, practical and pragmatic expertise either through ComTech’s analyst services or via the CTRMCenter, has become more important than ever and welcomed by the industry. This is reflected in our progress as a firm to date.”
About Commodity Technology Advisory LLC
Commodity Technology Advisory (ComTech Advisory) is the leading analyst organization covering the Energy and Commodity Trading and Risk Management (E/CTRM) technology markets. Led by Patrick Reames and Dr. Gary M. Vasey, ComTech Advisory provides invaluable insights, backed by primary research and decades of experience, into the issues and trends affecting both the users and providers of the applications and services that are crucial for success in markets constantly roiled by globalization, regulation, and innovation. For more information, visit https://www.comtechadvisory.com