A huge congratulations to the University of Ottawa on the opening of the new uOttawa Kanata North Smart Connected Vehicles Innovation Centre. “As our customers develop their connected and autonomous vehicles, we have kept pace by updating our component reference data using artificial intelligence data acquisition methods developed in conjunction with uOttawa” said […]
A Smart Connected Vehicles Innovation Centre Read More »
A big thanks to Design News for the Lytica and SupplyLens™ shout out in thier article ‘Component Growth Looks Promising. What Does the Jittery Supply Chain Say?‘ by John Blyler a Design News senior editor. Fortunately, several startups have created analysis tools that help real-time component sourcing. Lytica offers one such tool, a provider of
Lytica in Design News! Read More »
At Lytica, we pride ourselves on having the world’s only database of real-world prices paid by real customers for millions of electronic components. This gives us unprecedented insight into the market as a whole, and allows us to analyze each customer’s standing in the marketplace. “What is Market Price Competitiveness?” “Does volume matter in electronic
Electronic Component Market Price Competitiveness & How Lytica Calculates It Read More »
Lytica’s revenues are on track to double this year compared with 2020 as the pandemic has wreaked havoc with global supply chains and fuelled rising demand for its AI-driven comparison-pricing software. “There is not a company in the world that’s not looking for more insights and intelligence into procurement” Continue reading the OBJ article here.
Lytica featured in Ottawa Business Journal Read More »
Today, we announced the latest milestone in Lytica’s evolution — over $3 million USD raised in equity investment and Canadian federal grants. There’s no doubt this funding will help to fill a very important need for the electronic components supply chain industry, helping us continue to scale spend analytics and risk intelligence with real, accurate customer data. A $1.5 million equity investment
Lytica Announces $3M Raise to Accelerate Growth Read More »
Sourcing and procurement play an important role in companies of all sizes, and can have a significant impact (positive or negative) on a company’s competitiveness and its success. Any C-Suite executive responsible for sourcing and procurement should be able to answer these three key strategic questions: These seemingly simply questions -with often complex answers –
C-Suite Executives Should Be Asking These 3 Questions Read More »
How much should one pay for a chip or a component? Lytica, a Canadian supply-chain pricing analytics company, has the answer. Founded by former Nortel chief procurement officer Ken Bradley, who, like many others in the IT industry, was once bemused by component pricing, Lytica is transforming itself into a software-as-a-service (SaaS) company, helping OEM
SaaS for component pricing: Q&A with Lytica chairman Ken Bradley Read More »
2020 brought Lytica a lot of change in our offerings as we transitioned our legacy products into our new SupplyLens™ Pro SaaS platform. The SupplyLens™ Pro platform delivers 24/7 access to our unique electronic component market intelligence through our first two plug-ins; Spend Benchmarking and Price Estimator. SupplyLens™ Pro draws on the world’s largest and
SupplyLens™ Pro & 2021 Read More »
With the evolution of Lytica’s products from our legacy tools to the establishment of SupplyLensTM Pro, we continue to see similar technology questions from new and existing customers. In this blog, we’re sharing three common FAQs the Customer Success department sees. How does volume affect Lytica’s Target Pricing methodology? Bradley’s Law is fundamental to the
SupplyLens™ Pro – 3 FAQs Read More »
Supporting innovation for a stronger economy Minister Mélanie Joly announces over $11 million for three innovative firms to expand capabilities, benefit new markets and create over 140 jobs It is with the support of new technologies that entrepreneurs succeed in developing new products, improving production methods, deploying new marketing strategies and implementing new business processes. Businesses
FedDev Ontario Funding Announcement – Lytica Inc. Read More »
