Disruptive Technologies – A 2021 Update
What impacts have these trends had on technology adoption and investment? What are the use cases that motivated the investment in, and adoption
A ComTechAdvisory Report
of, these various technologies? These were the questions our survey and research asked.
SURVEY RESULTS ComTech conducted the survey component of this study between February 2021 and early June 2021 using a web-based tool. Survey responses were encouraged through email, blog and word of mouth efforts. ComTech also partnered with Commodities People to include an invitation to participate in the survey as industry players signed-up for their Commodity Trading Week event. In all, the disruptive technologies survey had 63 valid participants with just over half of those being in Europe (Figure 1). Both the North America and Asia-Pacific regions were also quite well represented. Although technology providers were the largest group of respondents (46%), end users of technology were also well represented (38%), with the remainder being consultants and systems integrators. The end users also had diverse backgrounds, with respondents representing an array of market segments including producers, consumers, banks and funds, and merchants (Figure 2). When asked about how various technologies might impact commodities and commodity trading over the next 12-24 months, it was apparent that cloud and SaaS may already be in the rear-view mirror. With these technologies having been broadly adopted and deployed across the industry, it’s perhaps not surprising that these technologies would be seen as
having the largest impacts. Data management and data mining, again somewhat mature and widely accepted technologies, follow closely behind in levels
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