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Lytica

Lytica

Software Development

Ottawa, Ontario 3,520 followers

The world’s only provider of electronic component spend analytics and risk intelligence using real customer data.

About us

Lytica is an electronic component spend analytics and risk intelligence company that uses real customer data to help electronics companies (EMS, OEM, ODM) make their supply chain more transparent, more resilient, and more predictable. Lytica provides customers with the data, insight, and analysis they need to improve their procurement and build better, stronger, more resilient supply chains. Lytica is the world’s only provider of electronic component spend analytics and risk intelligence enabled by real customer data. Trusted by customers globally, our proprietary SupplyLens™ platform enables clients to drive cost reduction and mitigate supply chain risk. Lytica Inc. enables unprecedented levels of cost reduction for many of the world’s leading electronics OEM and EMS companies. Lytica has enjoyed high recurring revenue with their unique cost benchmarking methodology for electronic components. With customers worldwide in the electronics market, Lytica has transitioned toolsets to the SupplyLens™ platform offering an integrated online environment. Lytica’s commitment to innovation is proven by the construction the Advanced Technology Center (ATC) which is a hub for Artificial Intelligence (AI) initiatives to enhance customer experience, improve productivity and maximize results. Lytica’s SupplyLens™ platform delivers the world’s only real market pricing intelligence for electronic components. Trusted by customers globally and having analyzed over $250B USD in electronic component spend, clients benefit from true market insights. SupplyLens™ is enabled by the world’s largest independent database with millions of actual prices paid by real customers. Why struggle and settle for guesswork when you can know what the market is actually paying for electronic components?

Industry
Software Development
Company size
51-200 employees
Headquarters
Ottawa, Ontario
Type
Privately Held
Founded
2005
Specialties
Cost Reduction, Risk Assessment, Supply Chain Management, Big Data, Electronic Components, Real Pricing, Artificial Intelligence, Advanced Analytics, Price Estimation, EMS, OEM, Spend Benchmarking, and Market Price Competitiveness

Products

Locations

Employees at Lytica

Updates

  • Lytica is driving the future of AI in procurement. In our latest blog, we discuss how AI is transforming procurement, but not all AI is created equal. While others are just starting, Lytica has spent years refining our proprietary AI-driven approach, leveraging real customer data to deliver market intelligence unmatched in the industry. ✅ AI + Human Expertise - For unparalleled sourcing intelligence ✅ Secure AI - Your data is never used to train models ✅ Actionable Intelligence - To cut costs & mitigate risks AI is the future of procurement. How is your organization staying ahead? Learn more in our new blog below: https://hubs.ly/Q038FTdn0 #Procurement #AI #SupplyChain #Lytica

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  • Lytica is heading to APC 2025! 🚀 We're excited to attend the Americas Procurement Congress 2025 this March and connect with industry leaders shaping the future of procurement. Visit us at booth #19 to meet Allan Place and Varun Narayanan, and chat with us about the latest in procurement innovation! 🗓️ Date: March 10-12 📍 Location: JW Marriott Miami Turnberry Resort Let's talk innovation, resilience, and the evolving supply chain landscape. To learn more about the event: https://hubs.ly/Q0380xBY0 See you there 👋 #APC2025 #ProcurementLeadership #Lytica

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  • FINAL CALL: Electronic Supply Chain: Adapt or Be Left Behind Webinar - Tomorrow! Join industry experts as they share critical insights on navigating the electronics supply chain landscape in 2025. Learn proven strategies to overcome emerging challenges and stay ahead of the curve. Panelists include: - Ken Bradley - Founder and Chief Strategy Officer, Lytica - Vincent Cellard - SVP/Chief Procurement Officer, Flex - Bob Bowman - Editor-in-Chief, Supply Chain Brain Secure your spot in tomorrow's exclusive webinar: https://hubs.ly/Q037kF600 Don't miss this valuable opportunity to enhance your supply chain expertise! #digitalnetwork #digitaltradenetwork #digitalsupplychain #lytica #supplychainbrain

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  • Our January State of the Electronic Components Market Report is now live 📈 Here are some highlights: 💲 Prices increased by 4.56% in January, the second-largest jump in 13 months. 📉 The challenge of rising lead times continues in 2025 with January seeing a modest increase of 0.31%. 📊 Component availability remained steady at 92%, matching the highest level recorded in 2024. Want to read more? Check out our full January Electronic Components Market Report below: https://hubs.ly/Q037kQDp0 #procurement #sourcing #electronics #supplychainreporting

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  • Master Electronics Supply Chain Shifts in 2025 🚀 Join our upcoming webinar, Electronic Supply Chain: Adapt or Be Left Behind, and hear from expert speakers, including Ken Bradley (Lytica), Vincent Cellard (Flex), and Bob Bowman (SupplyChainBrain). Transform market uncertainty into strategic advantage! Join leading industry experts on February 20th at 11:00 am EST to discover: - Advanced procurement optimization strategies - Risk mitigation techniques - Emerging opportunities in a volatile market Register now: https://hubs.ly/Q034TJqC0 Expert-led insights | Actionable takeaways Presented by Lytica & SupplyChainBrain #digitalsupplychain #procurement #supplychain2025 #lytica

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  • Tariffs are back in the spotlight—and if you’re in electronics procurement, your bottom line could take a hit. Uncertainty is rising, and the big question remains: Are these just short-term political maneuvers or long-term shifts in global trade? Our latest blog breaks down: 🔹 How tariffs are driving up component costs for OEMs, EMS providers, and distributors 🔹 What to consider for short-term vs. long-term tariff strategies 🔹 Smart negotiation and supply chain moves to protect your margins If you’re in electronics procurement, you can't afford to ignore this. Get the insights here: https://hubs.ly/Q036gnr00 #Procurement #ElectronicsSourcing #Tariffs #SupplyChain #CostManagement

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  • The electronics supply chain is evolving faster than ever. Join us for our upcoming webinar, Electronic Supply Chain: Adapt or Be Left Behind, and get ready to navigate the disruptions and seize the opportunities in 2025! 📅 Date: February 20, 2025 ⏰ Time: 11:00 am ET Hear from top industry leaders and gain valuable insights. This is your chance to learn: ✔️ Key trends disrupting the electronics supply chain in 2025. ✔️ Strategies to turn risks into opportunities. ✔️ How to leverage data and technology for a competitive edge. Don’t miss this exclusive expert discussion with these industry experts: Ken Bradley - Founder and Chief Strategy Officer, Lytica Vincent Cellard - SVP/Chief Procurement Officer, Flex Bob Bowman - Editor-in-Chief, Supply Chain Brain ➡️ Register now to secure your spot:https://hubs.ly/Q034TLcL0 #SupplyChain #Procurement #Webinar #Electronics

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  • View organization page for Lytica

    3,520 followers

    🗓️ Save the Date! Join us for our upcoming webinar, Electronic Supply Chain: Adapt or Be Left Behind. 📅 Date: February 20, 2025 ⏰ Time: 11:00 am EST Explore the biggest challenges and opportunities shaping the electronics supply chain in 2025 with these industry leaders: Ken Bradley - Founder and Chief Strategy Officer, Lytica Vincent Cellard - SVP/Chief Procurement Officer, Flex Bob Bowman - Editor-in-Chief, Supply Chain Brain This is your chance to learn how to navigate risks, optimize your supply chain, and leverage technology to stay ahead. Don’t miss this opportunity to future-proof your procurement strategy! 🚀 Sign up now: https://hubs.ly/Q033n1k90 #SupplyChainWebinar #FutureOfSupplyChain #Innovation #TechInSupplyChain #Procurement

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  • View organization page for Lytica

    3,520 followers

    Our December State of the Electronic Components Market Report is now live 📈 Here are some highlights: 💲Prices continued to decrease by another 0.95% following the largest drop of the year in November at 8.29%. 📉Lead times saw a record-breaking decrease of 12.80%. 📊Component availability held steady at 92%, the highest level recorded in 2024. Want to read more? Check out our full December Electronic Components Market Report below. https://hubs.ly/Q032mLNl0 #procurement #sourcing #electronics #supplychainreporting

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  • View organization page for Lytica

    3,520 followers

    Welcoming 2025: A Year of Possibilities! As we stand on the cusp of a new year, we at Lytica are filled with excitement, gratitude, and anticipation. 2024 was a remarkable journey of growth, innovation, and resilience. We've learned, adapted, and pushed boundaries together. To our incredible team: Your passion drives us forward. To our valued customers and partners: Your trust fuels our success. Here's to: - New opportunities - Bold innovations - Shared success - Continued collaboration Wishing you a New Year filled with prosperity, growth, and endless potential! Happy New Year from everyone at Lytica! #NewYear2025 #Innovation #Growth #Collaboration

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Funding

Lytica 6 total rounds

Last Round

Series unknown

US$ 5.0M

See more info on crunchbase