Eka Software Solutions, the leading global provider of Smart Commodity Management software solutions, announced today it will host 'Why Commodity Analytics is the Next Big Thing for Trading, Risk, and Supply Chain' on Wednesday, June 29, 2016. The webinar features industry expert Patrick Reames, Founder and Managing Partner of Commodity Technology Advisory, who will describe the technologies commodities companies are investing in today to ensure long-term success. Michael Schwartz, EVP & CMO at Eka, will discuss what steps companies should take now to prepare for the era of data-driven decision making and why commodity analytics is the next big initiative for better trading, risk management, procurement, and supply chain operations.
Recent research from ComTech Advisory on trends in ETRM and CTRM solutions found that there has been rapid growth in the adoption of analytics solutions across all commodities sectors. Although budgets are tight, energy and commodities companies are still investing in the most critical areas to successfully navigate volatile, complex, and uncertain markets.
“Commodity prices fell throughout the year in 2015, driven in large part by declining economic growth in the Asia-Pac region, and over-investment in commodities infrastructure during the previous 5 years of high prices and growing demand," said Patrick Reames, Founder and Managing Partner of Commodity Technology Advisory. "This reality is forcing companies to maximize efficiency as well as seek ways to make better decisions, faster. We are seeing a trend of increasing adoption of analytics solutions which enable commodities businesses to remain competitive in challenging markets."
This webinar will cover:
- The technologies that companies are investing in today to ensure long-term success.
- The steps companies should take now to be ready for the era of data-driven decision making.
- Why commodity analytics is the next big thing for better trading, risk management, procurement, and supply chain management.
- How Eka’s Commodity Analytics Cloud solution will allow your business to make better, faster, fact-based decisions.