News & Events
Lytica Inc. Supports the UN Global Compact Initiative
(October 03, 2016) – Lytica Inc. is proud to support the 10 principles of the UN Global Compact initiative with respect to human rights, labour, environment, and anti-corruption.
The UNGC is the world’s largest corporate sustainability initiative. It is a call to companies to align strategies and operations with universal principles on human rights, labour, environment and anti-corruption, and take actions that advance societal goals.
IHS and Lytica Partner on Component Benchmarking Solution to Help Companies Reduce Cost of Electronic Parts
Using IHS BOM Benchmark, organizations can obtain objective information on pricing of components in their products
ENGLEWOOD, Colo. (October 15, 2015) – IHS Inc. (NYSE: IHS) and Lytica Inc. today announced an agreement that will see IHS bring Lytica's electronic component price benchmarking service to the market as “IHS BOM Benchmark.” The service will provide a powerful new cost-saving tool for companies that rely on electronic components in their products.
Lytica, based in Ottawa, Ontario, is the creator of Freebenchmarking.com™, one of the world's largest independent electronic component price benchmarking services. The global value-added reseller (VAR) agreement allows IHS to market and offer a bill of materials (BOM) benchmarking product delivered by Lytica's proprietary Freebenchmarking.com service. Read More »
Lytica Spins off Supply Chain Unit as Silecta
Source: Electronics Purchasing Strategies | 2015-02-09
With analytics and big data emerging as high growth market opportunities and Lytica’s component price prediction applications achieving a market leading position in analytics, Lytica’s Board of Directors elected to spin out Lytica’s consulting and services business into a new and separate company. Effective January 1, 2015, Silecta Inc., a newly formed corporation, began operations in supply chain consulting and services. Read More »
Lytica Unveils New Components Pricing Benchmark Report
Source: Electronics Purchasing Strategies | 2014-05-28
Growing Ottawa based Supply Chain Analytics & Services company – Lytica Inc., announced Monday, the release of their new free BENCHMARK REPORT designed for companies that use electronic components within their products. Read More »
Lytica partners with JECA Technologie to expand electronic component cost benchmarking in Quebec
Source: Canadian Electronics | 2014-05-14
Lytica Inc., an Ottawa- based supply chain analytics and services company, has announced the signing of JECA Technologie Inc., of Quebec City to represent its suite of electronic cost benchmarking products and services for the province of Quebec. Read More »
Lytica appoints Tayles as VP Sales and Marketing
Source: Daily News | 2013-04-13
Ottawa-based Lytica Inc., developer of Freebenchmarking.com and other ‘knowledge power tools’ for supply management within the electronics component buying industry, recently appointed Mark Tayles to the position of vice-president sales and marketing. Read More »
Web-based component benchmark service reduces OEM costs
Source: Daily News | 2012-04-20
More than a year since launching and developing its electronic component price benchmarking service, Ottawa-based Lytica Inc. has enabled millions of dollars in savings for many of the world’s leading electronics companies, says Rob... Read More »
Component price benchmarking service reaches sales partnerships
Source: Daily News | 2011-01-19
FREEBENCHMARKING.COM, the web-based price benchmarking and risk assessment service for electronic components launched by Lytica Inc. Ottawa, has reached sales partnerships aimed at expanding its presence into key markets across Canada and...Read More »
Component benchmarking service for OEMs gauges price competitiveness
Source: Daily News | 2010-10-27
An independent, web-based price benchmarking and risk assessment service for electronic components has been in...Read More »
A knowledge based company that helps companies Benchmark their electronics spend. Our tools identify cost savings for OEM and EMS companies.