Data Mining Trumps Blockchain In Commodity Trading Suggests Commodity Technology Advisory LLC's New Report

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Disruptive Technology research report now available

Commodity Technology Advisory (ComTech Advisory), the leading analyst firm for energy and commodity trading and risk management (E/CTRM) technologies, has released its Disruptive Technology in Commodity Trading Markets research report sponsored by FIS. The report is available as a free download at and at Commodity Technology Advisory’s corporate web site,

In an industry buffeted by change from all sides, new and emerging technologies are both disruptive and yet enabling. The research suggests that despite the visibility and interest in blockchain, the more immediate area of investment within commodity firms is likely to be in data mining, Machine Learning (ML) and Artificial Intelligence (AI), at least in the short-term. While many firms are investing in the cloud, they also see significant business value in their data and are seeking ways to unlock that value. Despite that, the majority of those surveyed agree that blockchain may be the most disruptive technology in the future and that E/CTRM vendors are likely to be the most disrupted by it.

“The research findings really gel with trends we have forecast and are indeed observing in the industry,” said Gary M. Vasey, Managing Partner, Commodity Technology Advisory. “Data is king and extracting strategic and business value from that data has become the mission of many in the industry.”

“We are seeing incremental IT investments by commodity intensive firms being directed less toward traditional CTRM software solutions and more toward emerging and potentially disruptive tech, particularly those that enable greater business insights and optimized operations.” according to Patrick Reames, Managing Partner of ComTech. “While blockchain has certainly garnered the most press attention recently, it’s clear that industry participants feel ML, AI and RPA have the greatest near-term potential to impact and improve bottom-line performance.”

About Commodity Technology Advisory
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

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