Cloud-based supply chain solutions provider Eka announces hiring spree amid strong business growth
PR88886
NEW YORK, April. 7, 2021 /PRNewswire=KYODO JBN/ --
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. [
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
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