Claims 40% growth across all industries and regions
Eka Software Solutions, provider of Smart Commodity Management software solutions, has announced record organic growth in new customer signings of 40% in 2014.
In addition, more than 20% of Eka’s existing customers invested in additional licenses, further evidence of customer satisfaction and the value that commodities companies gain with Eka’s solutions announced the press release.
“Eka has continued to grow and at a rate that places them in the upper echelons of the Commodity Trading and Risk Management (CTRM) vendor group. The company has found considerable success in selling products to a global base of users across multiple categories, including agriculturals, softs, metals, consumer products and most recently, energy,” said Patrick Reames, Founder and Managing Director of Commodity Technology Advisory in a recent analyst briefing note.
“Eka has built its reputation on having the most innovative, functionally-rich, and technologically advanced solutions and we will continue to invest significantly in research and development to ensure our product leadership,” said Manav Garg, CEO, Eka. “Even with all our past successes, we are just getting started and see huge opportunities on the road ahead.”
Eka experienced record new customer adoption of its industry leading solutions across diverse industries including biofuels, consumer products, agriculture, oil, natural gas, metals, and mining, as well as globally across regions including the Americas, Asia, Australia, and EMEA.
“The company achieved exceptional performance in 2014 across all solutions and industries globally, demonstrating that our overall strategy is on target,” said Greg Taylor, Eka President and COO. “Based on our strong solution suite, talented teams, and a robust pipeline, 2015 will bring even more acceleration in growth and profitability.”