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News

Lytica adds AI braintrust for cost, risk assessment of electronic components

Source: EP&T | 2018-04-05

Ottawa-based Lytica Inc., providers of electronic component price benchmarking services, has appointed Dr. Shahzad Khan as its new chief research officer (CRO), along with three of his colleagues, which have also joined the firm’s research staff. A serial entrepreneur, with a PhD in computer science from Cambridge University (UK), Dr. Khan will be responsible for setting research direction and defining the core technologies required for Lytica’s product roadmap. Read More »

 

Lytica Inc. Supports the UN Global Compact Initiative


ungc logo

(October 03, 2016) – Lytica Inc. is proud to support the 10 principles of the UN Global Compact initiative with respect to human rights, labour, environment, and anti-corruption.

The UNGC is the world’s largest corporate sustainability initiative. It is a call to companies to align strategies and operations with universal principles on human rights, labour, environment and anti-corruption, and take actions that advance societal goals.

 

IHS and Lytica Partner on Component Benchmarking Solution to Help Companies Reduce Cost of Electronic Parts

Using IHS BOM Benchmark, organizations can obtain objective information on pricing of components in their products

ENGLEWOOD, Colo. (October 15, 2015) – IHS Inc. (NYSE: IHS) and Lytica Inc. today announced an agreement that will see IHS bring Lytica's electronic component price benchmarking service to the market as “IHS BOM Benchmark.” The service will provide a powerful new cost-saving tool for companies that rely on electronic components in their products.

Lytica, based in Ottawa, Ontario, is the creator of Freebenchmarking.com™, one of the world's largest independent electronic component price benchmarking services. The global value-added reseller (VAR) agreement allows IHS to market and offer a bill of materials (BOM) benchmarking product delivered by Lytica's proprietary Freebenchmarking.com service. Read More »

 

Lytica Spins off Supply Chain Unit as Silecta

Source: Electronics Purchasing Strategies | 2015-02-09

With analytics and big data emerging as high growth market opportunities and Lytica’s component price prediction applications achieving a market leading position in analytics, Lytica’s Board of Directors elected to spin out Lytica’s consulting and services business into a new and separate company. Effective January 1, 2015, Silecta Inc., a newly formed corporation, began operations in supply chain consulting and services. Read More »

 

Lytica Unveils New Components Pricing Benchmark Report

Source: Electronics Purchasing Strategies | 2014-05-28

Growing Ottawa based Supply Chain Analytics & Services company – Lytica Inc., announced Monday, the release of their new free BENCHMARK REPORT designed for companies that use electronic components within their products. Read More »

 

Lytica

A knowledge based company that helps companies Benchmark their electronics spend. Our tools identify cost savings for OEM and EMS companies.

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