OTTAWA, ON / ACCESSWIRE / January 26, 2023 / Lytica, the global leader in electronic component spend analytics and risk intelligence using real customer data, today announced the expansion of its leadership team with the appointment of Michael Collins as Vice President of Marketing and Michael Knol as Vice President of Finance. The company’s latest strategic hires reflect its rapid growth trajectory, underscoring the increased demand for electronic component supply chain insights.   Michael Collins joins the team with over ten years of marketing experience at startups, including Attivio, Tamr, and Connectbase, where he led strategic marketing programs. As Vice

                  We are excited to share the news that Lytica has been named as one of the 2022 ProcureTech100. Created by ProcureTech, in association with Kearney, the ProcureTech100 are the definitive 100 pioneering digital procurement solutions on the planet! A panel of over 60 procurement leaders, technology experts and B2B investors that helped choose Lytica from over 4,000 digital procurement solutions, recognising us as one of the dynamic, future focused solutions that are supercharging procurement and the enterprise.  Lytica was recognized as a pioneeer in Sourcing & Cost Management. We’d like to

Prices expected to continue downward trend as inventory surplus predicted     Lytica, the global leader in electronic component spend analytics and risk intelligence using real customer data, has released today the results of a study conducted using pricing from millions of parts sourced by global manufacturers on its platform.    The study shows that the overall prices in the electronic commodities market have been declining since their peak in April of this year.  Lytica has observed a steady drop in recent customer pricing, resulting in price levels lower than the peak price level in April.   The price trend is

Funding Solidifies Supply Chain Market Leadership for Spend Analytics and Risk Management Platform   OTTAWA, ON — August 29, 2022 —  Lytica, the world’s only provider of electronic component spend analytics and risk intelligence using real customer data, today announced the close of its Series A investment round, with a total consideration of over $13 million.  The round was led by Resolve Growth Partners, with participation from York IE.  Lytica intends to use these funds to accelerate product and platform innovation, continue growing its team of specialists, and foster strong industry partnerships.   “As the world’s only provider of electronic component spend and risk intelligence

Economic impacts are a critical demand driver that can put a strain on efficient electronic component supply chains. It may affect supply, product demand, and inventory levels, causing a product influx in electronic parts and falling prices. Accurate electronic supply chain information can help companies navigate the end of shortages, avoid oversupply, and add value to business operations. So, how do you navigate toward a world-class supply chain during a looming recession? ​​​​​​​ Join Ken Bradley (CTO), from electronic component spend analytics and risk intelligence specialists Lytica, to learn how you navigate the end of electronic component shortages and continue to