Eka Software Solutions which provides Smart Commodity Management software solutions announced the general availability of InSight CM – SMART Cubes, said a statement.
SMART Cubes provides more than 80 pre-configured ETRM and CTRM commodity intelligence cubes that deliver rich analytics and advanced data visualization for agriculture, manufacturing, energy, and metals companies, informs Eka.
According to company, SMART Cubes is a comprehensive set of preconfigured and customizeable business intelligence tools covering the entire value chain, from origin trade straight through to settlement. With SMART Cubes, commodity companies can make faster, better-informed decisions when managing trading, positions, risk, P&L, inventory, costs, and logistics. Business users create the analytics they need without relying on other departments, such as IT, or outside vendors.
“Eka has created a comprehensive range of pre-configured cubes, providing our customers with the analytics needed to make the best decisions,” said Shobhit Mathur, Vice President Product Management at Eka. “In addition, users can customize these cubes on their own. SMART Cubes leverages a variety of visualization techniques to provide previously unavailable analytical capability.”
With SMART Cubes, users can link multiple sets of data for analysis. By joining different sets of data, commodity companies can perform cross-dimensional analysis to improve decision making. This allows users to move beyond static reports that only describe what happened to answer the more profound questions: what events led to certain results, plus why and how did these events occur, stated Eka.
According to Eka, The InSight CM platform comprises industry-specialized solutions for the agriculture, manufacturing, energy, and metals industries. In addition to advanced analytics and commodity intelligence provided by SMART Cubes, InSight CM supports the entire commodity transaction lifecycle including trading, risk, compliance, procurement, supply chain, operations, logistics, bulk handling, and processing,