Data Mining Trumps Blockchain In Commodity Trading Suggests Commodity Technology Advisory LLC’s New Report

HOUSTON, Texas and PRAGUE, Czechia (PRWEB) August 07, 2018 Commodity Technology Advisory (ComTech Advisory), the leading analyst firm for energy and commodity trading and risk management (E/CTRM) technologies, has released its Disruptive Technology in Commodity Trading Markets research report sponsored by FIS. The report is available as a free download at http://www.CTRMCenter.com and at Commodity Technology Advisory’s corporate web site, http://www.comtechadvisory.com. In an industry buffeted by change from all sides, new and emerging technologies are both disruptive and yet enabling. The research suggests that despite the visibility and interest in blockchain, the more immediate area of investment within commodity firms is likely to be in data mining, Machine Learning (ML) and Artificial Intelligence (AI), at least in the short-term. While many firms are investing in the cloud, they also see significant business value in their data and are seeking ways to unlock that value. Despite that, the majority of those surveyed agree that blockchain may be the most disruptive technology in the future and that E/CTRM vendors are likely to be the most disrupted by it. “The research findings really gel with trends we have forecast and are indeed observing in the industry,” said Gary M. Vasey, Managing Partner, Commodity Technology Advisory. “Data… continue reading

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Source: CTRM Center

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