Bangalore, India (PressExposure) July 30, 2009 -- Eka Software Solutions, the leading provider of Commodity Trading and Risk Management software, announced today that it has been nominated for the NASSCOM EMERGE 50 in the category EMERGE Products for the year 2009. To be nominated for the category, companies need to be emerging Indian IT companies which own proprietary intellectual property or proprietary technology that contribute to a significant portion of the company's operating revenues. NASSCOM additionally looks at the online opportunity in the specific segments and the ability of the company to adapt to the market as a criterion.
Eka's product has been adopted by some of the world's largest commodity companies for its ability to integrate the entire lifecycle of both physical and financial contracts, providing instant, real time visibility over operations.
NASSCOM's Emerge 50 initiative has been rolled out to showcase the unique value proposition of India's emerging companies under various segments. The selection parameters based on which companies were ranked included Differentiation, Products, Distribution, Go-to-Market strategy, Management team and its efficacy, the Category leadership and customers.
"We are extremely happy that NASSCOM has nominated Eka", says Manav Garg, CEO & Founder, Eka Software Solutions. "This recognition is a validation of the fact that India is being recognized as a provider of IT product solutions to a global market.