Reports Disruptive Technologies in Commodity Trading | Page 23

Disruptive Technologies in Commodity Trading Markets A ComTechAdvisory Report SUMMARY Against the backdrop of massive change and uncertainty, new technologies stand to both dis- rupt current business processes and industry structures as well as open up new and possibly hitherto unthought-of opportunities in the commodities industry. Plainly, cloud, SaaS and big data are currently having the greatest impact and attracting the most investment…but ML and AI are also important areas of significant interest that are already poised to have huge impacts. Meanwhile, and perhaps reminiscent of the dot com bubble, blockchain is garnering most of the headlines, but appears to be still some way off in terms of delivering the much anticipated, and hyped, benefits. The survey does suggest that it is areas like data management, Big Data, ML and AI, and data visual- ization that will see the most immediate deployment and investment (assuming the move to the cloud has already been largely made) in the near-term, with blockchain taking a little more time to mature. None- theless, based on the sum of our survey, it does seem that blockchain has the potential to be the most dis- ruptive technologies in the future even though, de- spite a flurry of initial investment in the area, enthusi- asm may be slowly dampening for certain use cases such as peer-to-peer trading. © Commodity Technology Advisory LLC, 2018, All Rights Reserved. 23