Reports 2016 Vendor Perception Report | Page 5
2016 CTRM Vendor Perceptions Study
Research Demographics
We received a total of 230 responses to our survey; however,
we eliminated 75 of those responses as they were provided by
vendor personnel, were incomplete, or were otherwise
suspicious. After this reduction, we were left with a total of 155
valid responses (Figure 1). By comparison, the last such study,
conducted in 2014, garnered 146 valid responses.
The respondent’s locations reflected a reasonable distribution
of experienced CTRM software users, consultants and
implementers, with the majority of the responses coming from
Europe (56%), North America (34%), and Asia-Pacific (9%). A
single valid response was received from the Middle East. The
distribution of responses is slightly biased towards Europe and
this has been a feature of ComTech surveys recently where
European respondents have outnumbred North American
respondents. In 2014, there were proportionally more North
American respondents.
Figure 1 - Distribution of Responses
Middle
East/Africa 1
AsiaPac
14
North
America
53
Europe
87
Figure 2 - Respondent Type
Merchant/Trader
Utility/Generator
The largest industry group participating in our research was the
Merchant/Trader/Broker group (30%), followed by the
Utility/Generator group (26.5%) and Consultants/Systems
Integrators (21%).
The remaining company segments
comprised less than 10% each (Figure 2). By comparison to
2014, we received more end user responses, pushing the
consultants into third place. Other than that, the actual segment
representation was broadly similar.
It should be noted however, that many of the respondents
indicated that their companies spanned multiple industry
classes. As such, many of the companies identified as traders
and refiners could also be representative of the oil and gas
exploration/production markets. That being said, based upon
ComTech research, it does appear that the oil and gas
companies are under-represented in our data.
Consultant/SI
Oil & Gas Producer
Chemical/Petrochemic…
Scrap Metal
Metals Processor
Mining/Metals Extraction
Industrial Consumer
Ag Producer/Farmer
Financial…
Government agency
Data Management
Software
0
10
20
30
40
50
Note: Responses provided by Consultants/Systems Integrators were not considered in questions relating to
software systems in current use, commodities traded, or satisfaction with current software solution in use.
© 2016 Commodity Technology Advisory LLC
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