Amid significant growth in its commodity and direct materials businesses, 
Eka Software Solutions [https://eka1.com/], the leading cloud platform for 
supply [https://eka1.com/platform/] chain management, will dramatically 
increase its global headcount with more than 100 new hires, representing a 25 
percent workforce increase. 


    Eka’s expansion results from an increasing number of commodity and direct 
materials enterprises selecting its Cloud Platform to digitize their supply 
chains and enhance resiliency. 


    With increasing demand for digitalization, Eka experienced a banner year 
for growth in 2020, achieving a 60% increase in Annual Contract Value (ACV) 
while adding $70 million in Total Contract Value (TCV).


    Eka has a strong focus on innovation, injecting nearly 30 percent of its 
profits into research and development.  With customer growth, combined with new 
market opportunities through its product roadmap, the company will expand its 
workforce across product development, sales, delivery and support over the next 
ten months. 


    Rajesh Jagannathan, Eka Chief Operating Officer said “Eka is focused on 
redefining the digital experience for our customers by delivering an end-to-end 
platform for commodities and direct materials across agriculture, energy, 
metals and mining.  As we ready ourselves to deliver an expanded product 
offering, we are actively growing our team to meet the needs and exceed the 
servicing expectations of our discerning customer base,” Rajesh said. 


    In line with its goal to provide best-in-class, integrated supply chain 
solutions, Eka will also add more offerings on its Cloud Platform. This 
includes enhanced commodity trading & risk management (CTRM) solutions and 
E-sourcing for direct material procurement. [ 
https://eka1.com/news/eka-unveils-new-solutions-to-accelerate-digital-transformation-for-commodities-and-direct-materials/] 
With increasing focus on ESG reporting, Eka will also launch a suite of new 
sustainability [https://eka1.com/sustainability/] and ESG solutions to 
visualize ethical sourcing and carbon emissions, monitor strategic use of 
energy and resources and mitigate compliance risk.


    Earlier this year, Eka also rolled out Mission Digital, a comprehensive 
business and technology strategy to accelerate digital transformation for its 
customers. Through an agile platform, Eka applies an innovative cloud-driven 
approach delivering automated workflows to drive business resiliency, a 
simplified interface to support new ways of bringing employees, processes, and 
technology together, and instant access to multiple buyers and suppliers across 
the global supply chain. 


    About Eka

    Eka is a global leader in providing cloud driven solutions for commodity 
and direct materials businesses to overcome complex challenges in supply chain 
and financial management. Read more at www.eka1.com. 


    Media Contact:
    Sharmita Mandal, 
    Head Global Communications, 
    Eka Software Solutions, 
    Sharmita.mandal@eka1.com, 


    Source: Eka Software Solutions