Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, February 10 2022 - 02:06
AsiaNet
Eka Software Records Significant Cloud Momentum in 2021
NEW YORK, Feb. 9, 2022 /PRNewswire/ AsiaNet/ --

    Eka Software Solutions, the leading enterprise cloud platform for commodity 
and supply chain management, today announced key metrics to close out 2021. The 
company's continued growth and business expansion stem from a record-setting 16 
remote customer implementations, introduction of new product lines and increase 
in global workforce. 

    Key growth metrics:
•	16 enterprises go live remotely on Eka cloud platform: With global demand for 
resilience and efficiency continuing to rise amid fast-paced market conditions, 
Eka accomplished a record-setting 16 enterprise client 
implementations[https://eka1.com/news/cloud-based-solutions-provider-eka-complet
es-record-16-product-implementations-in-2021/], reflecting its commitment to 
adapting to challenging environments and compressed timelines. Clients newly 
leveraging Eka's cloud-based solutions as the foundation for their extended 
enterprise systems include recognizable, global enterprises such as Alvean, 
Vibra Energy and more, accounting for more than 600 total new users. Overall 
Eka's cloud platform now supports over 5,000 users worldwide. 

•	Expansion in product portfolio: Beyond the record-setting number of 
implementations, 2021 proved to be a transformative year for Eka. The company's 
foundation and origins as an enterprise CTRM solution provider has evolved to 
now include dynamic technology solutions for professionals across the C-suite, 
including CFOs. In line with its mission to unify critical business processes 
from procurement to payments, Eka launched new solutions for treasury, 
sustainability and ESG reporting 
[https://eka1.com/news/cloud-based-solutions-provider-eka-unveils-sustainability
-and-esg-reporting-solution/], and 
e-sourcing[https://eka1.com/news/eka-unveils-e-sourcing-a-cloud-based-source-to-
pay-solution-to-drive-a-new-era-of-digitalization-in-supplier-management/], 
solidifying its reach across virtually all aspects of the payments process. 
Additionally, Eka continued to enhance its CTRM and ETRM solutions 
[https://eka1.com/trading-and-risk/] with deeper functionalities across 
origination and risk enabling customers to accelerate their business 
transformation across agriculture, energy, CPG, and metals and mining 
businesses.

•	30 new wins across existing and new customers: As demand for digital 
transformation across disciplines and sectors continued to accelerate, Eka 
reported 30 new wins which include a number of high-profile companies across 
agriculture, energy, metals and mining industries. The company made significant 
headways into treasury, risk and compliance, F&B manufacturing and 
Sustainability[https://eka1.com/news/cloud-based-solutions-provider-eka-unveils-
sustainability-and-esg-reporting-solution/] as it added some of the world's 
leading brands in this space to its client roster. 

•	Growth in global headcount: Spurred by growing demand for its platform-driven 
solutions and new market opportunities through its new solutions, Eka also grew 
its workforce through the year. At 660, Eka's global employee strength 
increased by 25% across engineering, product development, delivery and support 
to help customers achieve their business objectives. 

    Manav Garg, CEO and Founder of Eka Software Solutions, commented: "In 2021, 
global enterprises were presented with more significant challenges than ever 
before, from supply chain disruptions to high-profile ransomware attacks and 
cybersecurity threats. These challenges demonstrate how critical it is for 
firms to rely on a unified platform with built-in flexibility to prepare for 
and quickly address anything that may arise."  

    Garg continued, "Eka enters 2022 with significant tailwinds thanks in large 
part to our talented team of professionals that consistently deliver superior 
solutions and service. The extension of our platform in 2021 along with our 
continued investment to enable fully remote and seamless implementations and 
support has provided a launching pad for continued success and growth in the 
years to come." 

    Eka's growth reflects the strong business performance which is expected to 
continue given the accelerated push towards cloud adoption in markets 
worldwide. To date, Eka's cloud platform has been leveraged by the world's 
largest enterprise firms, but continued enhancements and extension of its 
platform will enable Eka to target middle-market enterprises as well beginning 
in 2022. 

    About Eka Software Solutions

    Eka Software Solutions is a global leader in providing innovative, cloud 
solutions that unify a whole range of workflows from procurement to payments. 
Eka supports more than 100 customers globally and has proven industry expertise 
in helping customers achieve digital transformation in an environment of 
continuous change. Read more at www.eka1.com. [http://www.eka1.com/]

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

    Source: Eka Software Solutions
Translations

Japanese