News

FedDev Ontario Funding Announcement – Lytica Inc.

Supporting innovation for a stronger economy Minister Mélanie Joly announces over $11 million for three innovative firms to expand capabilities, benefit new markets and create over 140 jobs It is with the support of new technologies that entrepreneurs succeed in developing new products, improving production methods, deploying new marketing strategies and implementing new business processes. Businesses and organizations in all sectors need innovative solutions to stand out from the competition, improve their productivity and ensure sustainable growth. As one of the largest tech and research hubs in Canada, the Ottawa region is harnessing the transformative power of digital technology to support industries across...


Author: Category: News, UncategorisedComments: 0Post Date: July 14, 2020

Veteran tech exec hopes to write new growth story at Kanata-based Lytica

By: David Sali Ottawa Business Journal - click to read on the OBJ website. After spending the past few years helping one of Ottawa’s hottest software companies ramp up its global operations, Martin Sendyk hopes he knows a can’t-miss growth opportunity when he sees one. The new chief executive of Kanata-based pricing intelligence firm Lytica took the helm of the 20-person company last month after a successful stint at Assent Compliance, where he served four-and-a-half years as chief product officer.  While at Assent, Sendyk oversaw the development of software that helps ensure companies and their suppliers around the world are complying with...


Author: Category: News, UncategorisedComments: 0Post Date: July 6, 2020

Lytica Inc, a global leader in electronic component market intelligence appoints new President & CEO propelling growth strategy.

On the heels of a very successful 2019 with additional incoming funding, Ottawa-based supply chain analytics company Lytica Inc, a leading global provider of trusted electronic component market intelligence, has reached another important growth milestone. Lytica is pleased to announce that Martin Sendyk has been appointed President & Chief Executive Officer, with current President & CEO Mark Tayles transitioning to EVP of Sales & Customer Success.Martin Sendyk is a high-tech executive and entrepreneur with twenty years of international experience. He has held senior level positions with large global companies such as Assent Compliance, Irdeto, Nortel, Motorola, and Newbridge....


Author: Category: NewsComments: 0Post Date: June 17, 2020

SupplyLens™ the world’s only real market pricing tool for electronic components adds Risk.

Lytica is pleased to announce the addition of Component and Manufacturer Risk to our SupplyLens™ products. An overall risk score is provided for each MPN searched. The overall risk score provides a valuable breakdown of component and manufacturer risk variables such as MPN Breadth, MFR Breadth, Due Diligence, MPN Concentration, and Lifecycle described below. Overall Risk Score Definitions MPN Breadth Represents the popularity of a Manufacturing Part Number (MPN) within Lytica’s global database of peer market intelligence for electronic components. Manufacturer Breadth Represents the popularity of the Manufacturer within Lytica’s global database of peer market intelligence for electronic components. Due Diligence...


Author: Category: NewsComments: 0Post Date: June 6, 2020

Lytica adds industry veteran to team

Ottawa-based firm appoints Dory Meynert to the position of vice-president of customer engagement and product solutions Lytica Inc. Ottawa, announced that Dory Meynert has joined the firm as vice-president of customer engagement and product solutions, effective immediately. In this capacity, he will be responsible for streamlining the many ways that new customers can leverage Lytica’s electronic component information, while guiding the firm’s product roadmap for maximum client utility and optimum user workflow integration. Meynert has extensive experience across all areas of the electronic component ecosystem. With an education in electrical engineering and technology management, he has held such roles as manufacturing...


Author: Category: NewsComments: 0Post Date: November 25, 2018

Dr. Shahzad Khan joins research staff as CRO to advance artificial intelligence element

Lytica adds Dr. Shahzad Khan as CRO to advance Artificial Intelligence for cost and risk assessment of electronic components. Ottawa, Canada. (April 3rd, 2018) - Lytica Inc. announced the appointment of Dr. Shahzad Khan as their new Chief Research Officer (CRO), effective April 2nd, 2018. Three of Dr. Khan's colleagues have also joined Lytica as research staff. As Lytica's CRO, Dr. Khan will be responsible for setting research direction and defining the core technologies required for Lytica's product roadmap. In this capacity, Dr. Khan will report to Ken Bradley, Lytica's founder and CTO. Dr. Khan is a serial entrepreneur, with a...


Author: Category: NewsComments: 0Post Date: April 16, 2018

Lytica’s opens Advanced Technology Center to build upon AI & Machine Learning

Lytica’s Advanced Technology Center (ATC) builds upon our Artificial Intelligence proprietary platforms to enhance customer experience, improve productivity, and maximize customer results. Research done in the ATC develops the core technology platforms underpinning Lytica’s product road map. These core platforms based on A.I. technologies have application beyond the supply chain products that are currently being developed. We designed the ATC to be aligned with, if not be driven by, customer priorities. Many customers have expressed interest in using Lytica’s base technology to accelerate or enhance their current initiatives.


Author: Category: NewsComments: 0Post Date: November 20, 2017