
Our Story
Founded in 2020 in the heart of Australia, Octopusbot emerged from the vision of two passionate engineers, boasting over 30 years of combined experience in technology and commodity markets. With a shared passion for leveraging artificial intelligence and data analytics, we set out to address the formidable challenges plaguing the commodities industry:
- Climate Risk: The dramatic rise in weather volatility, including a 74% increase in adverse weather events.
- Price Volatility: with an average 40% price variance per year, influenced by global events and weather changes.
- High Risk Exposure and Significant Financial Loss.
- The absence of accurate and timely forecasts has left businesses navigating in the dark.