Global CTRM Application Market To See Increased Adoption of Cloud- and SaaS-Based Apps: TechNavio

Sept. 26, 2014 - PRLog -- TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global CTRM Application Market 2014-2018.

About Commodity Trade and Risk Management (CTRM)

CTRM applications are software applications that supports business processes associated with the trading of power, energy and broader commodities. These applications offer a set of functions that largely depend on the location of the asset trading, the types of commodities traded and company’s business strategy and associated business processes.

The Global CTRM Application Market is expected to grow at a CAGR of 4.75 percent from 2013-2018.

About the Report

The latest report by TechNavio focuses on the introduction of web-based solutions that help vendors and clients in business development, as these solutions require less investment in IT infrastructure and database management. In addition, it also emphasizes the increased adoption of cloud and SaaS applications by various companies.

“Companies are continuously developing systems that can allow traders to access information through web-services-based applications like cloud and SaaS delivery models. Vendors are also providing SaaS access to the product being implemented so as to assist in familiarization, training and implementation activities, thus helping end-users achieve low-cost business practices, and ultimately spurring growth in the market” says Faisal Ghaus, Vice President of TechNavio.

Key Information Covered in the Report:

Market segmentation, size and forecast through 2018
Market Growth Drivers:
-Introduction of Web-based Solutions
-For a full detailed list, view our report.

Market Challenges:
-Implementation Complexity and Costs
-For a full detailed list, view our report.

Market Trends:
-Increased Usage of Data Analytics in CTRM Applications
-For a full detailed list, view our report.

Key Vendors:
-Allegro Development Corp.
-Brady Plc
-Open Link Financial LLC
-SunGard Global Services
-Other Prominent Vendors:
-Abacus
-Ascend Analytics
-Calypso
-EKA Software Solutions

If you are interested in more information on the Global CTRM Application Market 2014-2018 (http://www.technavio.com/report/the-global-ctrm-applicati...), please contact our media team at media@technavio.com.

About TechNavio

TechNavio is a leading global technology research and advisory company. Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year. We cover more than 500 technologies across 80 countries.

We focus on emerging trends that can shape a market, and model these trends using a mix of quantitative and qualitative tools in our proprietary research methodologies in order to build forecasts across market segments and geographies. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a constantly changing technology market scenario.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Our analysts obtain the information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

Our large and growing base of happy customers include technology suppliers, end users, consulting companies, investment firms, research institutes and media worldwide.

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