CTRM Briefing Note – EKA – Reimagining Commodity Management (CM)

Eka recently announced their results for 2018, offering the opportunity to review progress the company has made in developing and marketing their Digital Commodity Management (CM) Platform.

In recent press releases and in follow-up conversations with Mr. Manav Garg, CEO and founder, the firm and Mr. Garg noted the following highlights of the preceding six months:

- 25 new license deals, 21 of which include the companies underlying CTRM solutions
- The new license sales have been split roughly equally among ags, metals and energies customers
- The company’s workforce has grown by 70 new employees during the period, primarily in the areas of engineering, technical support and customer services
- The company announced 100% successful go-lives and noted they believe they have reduced implementation times vs traditional systems by as much as 50%