ComTech issued the CTRM for Agricultural & Soft Commoditiess research report last week and it is now available for download. The study was sponsored by Agiboo, Allegro, Aspect, Brady PLC, Cultura Technologies, Generation 10 and OpenLink and we thank them all for their support. This is a very comprehensive report and should be widely read by those seeking to procure CTRM, Commodity Management or even ERP software, for a commodities business.
The CTRM software space for agricultural and soft commodities is currently characterized by the existence of many software vendors and products that are largely dominant only in a specific niche market, such as a particular geographic region and/or for a particular commodity. Commodity Technology Advisory (ComTech) can identify at least 34 potential vendors with products in the space that fit this description; and to that end, it is reminiscent of the ETRM software category a decade or so ago, prior to all of the merger and acquisition activities, that has resulted in some consolidation there.
The scope of this research project was to identify and characterize the Commodity Trading Risk Management (CTRM) products in the agricultural and softs space, identify the key markets and software requirements needed by those markets, and comment upon perceptions of the vendors and products targeting those markets.
Furthermore, several trends have emerged in the agricultural and softs application software space that this research investigated in a little more detail. The first of these trends is around “commodity management” (“CM”), the extension of CTRM software into aspects of what has traditionally been covered either by ERP solutions or in combination with ERP and specific point solutions covering a unique facility or process. However, with the growing presence of commodity management solutions, there is an increasing overlap in parts of the market as ERP solutions are extending into trading and risk management, and CTRM products are being extended into ERP, particularly in commodities that have a long and complex supply chain. This research reviews this trend, including the vendors and products in the space.
Download your copy ….
