I recently had the opportunity to get a briefing from Manav Garg, CEO and Founder of Eka, to discuss his company’s strategy, recent results, product initiatives, and market developments. In reviewing the company’s results over the last six months or so, Mr. Garg noted a number of new high-profile wins (though confidentiality prevents disclosure of their names at this time), including several with the largest commodity companies in the world; and often replacing incumbent systems from Eka’s competitors. He also highlighted more than a half dozen new implementation go-lives, all completed remotely, during the same period. Mr. Garg also discussed the company’s significant growth over the last six months. Spurred by growing demand for Eka’s products as the global markets emerge from lockdown, the company has been on a hiring spree since the first of the year. As noted in a recent press release, the company has added about 100 people this year to date and is projected to hire an additional 75 in the next six months. As was also noted in that press release, Eka has “seen a huge spurt in growth…recording a 60% jump in growth in 2020 as compared to 25% pre-pandemic.” Mr. Garg also indicated… continue reading
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