March 2, 2023

[PRESS RELEASE] Ekhosoft Surges into 2023 on Accelerated Wins

Ekhosoft’s commitment to developing cutting-edge solutions that improve operational performance has resulted in annual recurring revenue that more than doubled year over year.

With Sales Doubling Over Last 12 Months, Ekhosoft Launches New Website to Bolster Visibility as a Global Leader in Operational Performance Management Solutions 

MONTREAL, Québec, March 2, 2023 – Montreal-based Ekhosoft, a Power Factors company and leading provider of operational performance management (OPM) and intelligent software solutions, announced today that it has more than doubled its sales heading into 2023 over the previous year. This success has been driven by the company’s commitment to innovation, customer satisfaction, and a deep understanding of the needs of the market. The company has also launched a new website to strengthen its visibility as a global leader in OPM solutions. 

Ekhosoft’s commitment to developing cutting-edge solutions that improve operational performance has resulted in annual recurring revenue that more than doubled year over year. This impressive performance is a testament to the company’s ability to provide customers with the tools they need to optimize their operations and achieve better business outcomes. 

“Ekhosoft is thrilled to have achieved such significant growth in sales leading into 2023,” said ilan Tordjaman, Chief Financial Officer, Power Factors. “This success is attributed to the hard work of our talented Ekhosoft team. We are excited to continue this momentum and deliver even more value to our customers in the coming years.” 

Ekhosoft’s sales momentum results from key wins at some of the largest industrial companies in the world – in the mining, packaging, and agri-food industries. Industrial companies are making a dramatic transition to cloud-based solutions that provide fast onboarding and time to value and have found Ekhosoft able to meet their OEE and OPM needs. 

In conjunction with these wins, and to cement its position as a global leader in OPM solutions, Ekhosoft today also announced the launch of its revamped website, ekhosoft.com. This new website, developed with customer and partner experience in mind, offers a modern, user-friendly interface with clean visuals and improved navigation, reflecting Ekhosoft’s vision for enabling the industrial cloud future. 

“We’re excited to launch our new website, as it reflects our commitment to providing our customers and partners with the best possible user experience,” said Patrick Ramsey, VP, Power Factors. “With a clean, modern design and easy-to-use navigation, our website makes it easier for people to learn about our innovative solutions and services and how they can leverage them to optimize their operations while reducing waste and downtime.” 

Acquired in 2016 by Power Factors, a global leader in renewable energy software solutions, Ekhosoft’s customer base has steadily expanded across multiple industrial verticals globally, including pulp and paper, food and beverage, agri-food, and more. Ekhosoft’s OPM solution, Ekho, is designed to help process manufacturing plants reach peak performance by eliminating paper, optimizing operations, boosting collaboration among teams, and driving continuous improvement. With real-time performance, OEE, and KPI dashboards, Ekho tightens control over downtime, rate loss, and quality, providing customers with key insights into their operations. 

Today, Ekhosoft serves customers and partners throughout the Americas and Europe and is well-positioned to meet the needs of its global customers. The company’s innovative solutions have helped numerous customers improve their operational performance and efficiency. The new website, with its crisp visuals and improved user-experience, serves as a springboard for continued growth and success. 

For more information, please visit the new ekhosoft.com. 

About Ekhosoft, a Power Factors Company

Ekhosoft is a forerunner in operational performance management and intelligence software solutions, delivering powerful, configurable, and adaptable event-driven application solutions designed for large-scale operations in process and renewable industries. Ekhosoft’s leading Ekho Operational Performance Management (OPM) software is designed to propel process manufacturing plants to peak performance by helping eliminate paper, optimize operations, and drive continuous improvement.

Ekho tracks and builds a real-time picture of overall production through performance, OEE, and KPI dashboards, tightening your control over downtime, rate loss, and quality. 

Actively used by numerous customers throughout North and South America, and Europe, Ekhosoft’s innovative solutions drill down into operations to uncover patterns delivering key insights into operations while driving performance and efficiency improvements. With personnel and partners across the world, Ekhosoft is uniquely positioned to serve its customers’ needs on a global scale. 

Learn more at ekhosoft.com. 

About Power Factors  

Power Factors develops software to accelerate the global energy transition by empowering all renewable energy stakeholders to collaborate, automate critical workflows, and make the best decisions. Power Factors fights climate change with code.   

Power Factors has incorporated its four flagship solutions Drive, Greenbyte, BluePoint, and Unity to build an integrated suite of open and smart apps. These apps are purpose-built for asset management, field service optimization, and performance optimization. Leveraging domain expertise and machine learning-based advanced analytics within these apps, customers can maximize the value of their renewable assets to stay competitive.  

Power Factors’ renewable energy software platform is one of the most extensive and widely deployed solutions in the market with nearly 207 GW of wind, solar, hydro, and energy storage assets managed worldwide.  

Learn more at powerfactors.com.  

Media Contact (press only):  

Stephanie Hanawalt, Sr. Manager, Marketing, Power Factors  

[email protected] 

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