Bangalore, India (PressExposure) January 08, 2010 -- Eka Software Solutions, the leading provider of Commodity Trading and Risk Management software, announced today that is ranked in the Top 50 of the Deloitte Technology Fast 500 Asia Pacific program.
The annual survey from Deloitte, now in its 8th edition, is one of the region's most comprehensive and respected rankings of fast-growing technology companies. With participation from countries across Asia Pacific, including Australia, China (Hong Kong), India, Japan, Korea, Malaysia, New Zealand, Singapore, Taiwan and Thailand, the ranking recognizes the top 500 technology companies, both public and private, according to their revenue performance over the past three years. Sectors covered are Software, Internet, Semiconductors, Telecom, Biotech / Pharma, Medical Equipment, Computers, Green Technology, Media and Entertainment
Eka, fast being recognized as the leading provider of software for physical commodity players, was ranked within the top 50 on account of the meteoric growth it demonstrated over the last few years. Eka's CEO & Founder, Mr. Manav Garg, attributes this success to "the team's customer focus, hard work and dedication, backed by a result-oriented innovation driven organizational culture. We listen to our customers, always keeping their business priorities in front of us, and never losing sight of the fact that it is satisfied customers who are responsible for getting us where we are. This is key to our success."
"Making the Deloitte Technology Fast 500 is commendable in today's highly competitive technology industry," said Yoshitaka Asaeda, partner in charge of Deloitte's Technology Fast 500 Asia Pacific program. "We congratulate Eka Software Solutions on being one of the 500 Fastest growing technology companies in the region."
In addition to ranking on Deloitte's Technology Fast 500, Eka was ranked 6th on the India Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in the Asiapac/India Region.
Technology Fast 500 Asia Pacific selection and qualifications
The Technology Fast 500 list is compiled from Deloitte's Technology Fast 50 Asia Pacific programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had first year operating revenues of at least US$50,000.
Entrants must also be public or private companies headquartered in Asia Pacific and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; Manufactures a technology related product, or devotes a significant proportion of revenues to the research and development of technology.