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Eka Unfurls Commodity Analytics Cloud

With access to analytics for every business user, commodities companies gain previously unavailable business insights.

Eka Software Solutions has released Commodity Analytics Cloud, an advanced analytics solution for commodities companies in the agriculture, manufacturing, energy, and metals industries.

With Commodity Analytics Cloud, traders, risk managers, analysts, supply chain/logistics managers, IT specialists, back office personnel, and executives gain previously unavailable insights into key business areas and can take action before competitors announced the press release.

“Commodities markets are characterized by risk, volatility, and complexity,” said Manav Garg, CEO at Eka. “Business users can no longer afford to wait days and weeks to understand market changes, analyze the alternatives, and make decisions. Every business user needs the power to analyze data the way they want, and that’s exactly what they get with Commodity Analytics Cloud.”

Harnessing data from internal systems, such as ETRM, CTRM, ERP, CRM, and spreadsheets, and external sources, such as market curves and weather data, Commodity Analytics Cloud brings all the data together in one place to answer the most important questions. Information is displayed in an easy-to-understand way that facilitates deeper inquiry. Business users can focus on data analysis, not data collection.

“Commodity Analytics Cloud is very different from other generic business intelligence tools,” said Michael Schwartz, Executive VP and CMO at Eka. “We’ve leveraged our vast experience in the commodities markets and built it into the platform and the specific apps, providing unique value to our customers.”

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