Reports Disruptive Technologies in Commodity Trading | Page 7

Disruptive Technologies in Commodity Trading Markets A ComTechAdvisory Report THE TECHNOLOGY CHALLENGE AND DISRUPTIVE CHANGES A Summary View For the last several years, the way CTRM and sup- porting solutions are deployed has begun to shift from traditional, on-premises deployments to the cloud. ComTech has monitored, tracked and re- searched this trend 1 from its inception and notes that a majority of implementations now take place in the cloud 2 – either as hosted in the cloud or as multi-ten- anted, cloud-native, solutions. At the same time, the way software is paid for has begun to shift from a traditional perpetual license fee, customization fees, annual support & maintenance to a recurring (month- ly or annual) all-in usage fee. Unsurprisingly, our current survey data shows that the respondents see the migration to cloud and SaaS as having the most potential impact on the industry over the next 12-24 months; and, with over 75% of those respondents saying this is an area of greatest current investment, it is the area that is most likely to continue to see in- vestment in the near future (Figures 1 and 2). Figure 1: Technologies Likely to Have Most Impact on Commodity Trading Over the Next 12-24months Cloud/SaaS Data Mining & Big Data Automated Trading Machine Learning/AI Blockchain Microservices Opensource Virtual and/or augmented reality 0% 10% Significant Impact 1 2 20% 30% 40% Some Impact https://www.ctrmcenter.com/publications/reports/ctrm-cloud-research-report/ https://www.ctrmcenter.com/publications/reports/2016-2021-ctrm-market-outlook/ © Commodity Technology Advisory LLC, 2018, All Rights Reserved. 50% No Impact 60% 70% 80% 90% 100% Don't Know 7