How Lytica became a unique analytics company: Part 16 It has been about one year since Lytica began its investment in AI research and development through our newly created Advanced Technology Center. Aside from focusing the company exclusively on supply chain analytics, this was the most significant strategic move that Lytica had made and underpins our […]
A year of progress Read More »
How Lytica became a unique analytics company: Part 15 I repeatedly see an all too familiar shape. It is the shape of a transition between two plateaus, where the second is a step higher than the first. As I plot my customer’s competitiveness, starting from our first engagement, this shape becomes visible over time. The
A customer shared a striking cautionary tale after reviewing one of our Spend Benchmarking analyses. He gathered his entire design team in the company auditorium to spotlight a costly oversight: the millions lost by excluding purchasing and supply chain teams from the initial design socket award process. Here’s how it happened: A well-timed lunch hosted
The $25M Lunch: A Cautionary Tale for Better Collaboration Read More »
HOW LYTICA BECAME A UNIQUE ANALYTICS COMPANY: PART 12 Our 2017 work in AI has created opportunities to transform how many supply chain processes are managed as well as heighten awareness of the need to protect our unique intellectual property with patents. Over the year end break, I have been thinking about both. While there
Potential Disruption Read More »
How Lytica became a unique analytics company: Part 11 Every now and then it doesn’t hurt to stop and ask the question: what are we doing? I started asking this while the team has been going through verification of our AI work pertaining to our current and future products and services. While I have probably
How are we doing? Read More »
HOW LYTICA BECAME A UNIQUE ANALYTICS COMPANY: PART 10 I am in verification purgatory! I use the term purgatory not because of any religious affiliation but because it fits, it allows for hope. In Roman Catholic doctrine, it is a place or state of suffering inhabited by the souls of sinners who are expiating their
What happened to my job? Read More »
Does Amazon have the potential to disrupt the electronic component industry? It is a question, which all the stake holders in the $450 billion industry are looking to answer. The bar chart below showcases the 2016 revenues and projections till 2022 for the total global electronic component industry. The annual growth projections are set at
Is Amazon the next big thing in the electronic components industry? Read More »
How Lytica became a unique analytics company: Part 9 Sometimes I feel like a 7-year old riding a bicycle. I am moving forward quickly, taking a daring step as I try to maintain control and balance with my hands in the air. We are at a point with the ATC and our first round of
Look Ma, no hands! Read More »
Everyone is happy to land a big customer. With large orders comes rapid revenue growth, enhanced credibility and increased exposure of products to potential customers and markets. However, don’t be blinded by these numerous benefits; winning big customers is always a double-edged sword. If only a few customers dominate your revenue you will face customer
Avoiding Customer Concentration Risk is the Key to Long-lasting Business Read More »
How Lytica became a unique analytics company: Part 8 Last week I purchased the book Drawdown, edited by Paul Hawken. It purports to contain the most comprehensive plan ever proposed to reverse global warming. It lists the top 100 things that mankind can do to significantly impact the problem. This compilation by world renowned experts
Suprising Insights Read More »
