HEXstream Strengths, Domain Expertise, and Key Differentiators
HEXstream is a digital transformation company specializing in Data Fabric and Analytics. It offers expert consulting services to help clients streamline their business processes using the power of prescriptive and predictive analytics.
Utility360 provides real-time analytics for utilities of all sizes, offering an integrated view across operational systems. Built on decades of experience with major North American utilities, it delivers essential data for informed decision-making.
HEXstream Recent Developments
In December 2024, HEXstream is collaborating with Oracle on the Oracle Energy and Water Data Intelligence platform to provide actionable insights for the energy and water sectors. This cloud-based solution helps utilities optimize operations using data unification, analytics, and AI. HEXstream, known for its expertise, co-developed the Oracle Utilities Analytics Warehouse (OUAW) and is helping Oracle clients accelerate analytics initiatives.
HEXstream will create new modules for operational, asset, and customer-focused solutions, with plans to integrate them into future Oracle platform releases. Additionally, HEXstream is developing migration roadmaps for OUAW users transitioning to the new platform. The collaboration allows utilities to improve decision-making, growth, and service, utilizing advanced analytics, AI/ML, and tailored solutions for the utility sector.
In 2022, HEXstream embarked on a groundbreaking project with the Knoxville Utilities Board (KUB) based in Tennessee. The collaboration aimed to implement Utility360, a comprehensive analytics platform. HEXstream developed PowerBI dashboards, which KUB embraced as their standard visualization tool. This strategic move not only showcased HEXstream's expertise but also strengthened their partnership with KUB.
HEXstream Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying HEXstream applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of HEXstream and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified HEXstream Utility360 customers.
HEXstream Overview
311 S Wacker Dr #6550
Chicago, IL, 60606, United States
1 312-602-3464
https://www.hexstream.com/
Ownership: - x
Number of Employees: 80
Functional Markets: Analytics and BI, ERP Services and Operations,
Key Verticals: Utility,
HEXstream Key Enterprise and Cloud Applications
HEXstream Utility360
HEXstream Revenues, $M:
Type/Year | 2023 | 2024 | YoY Growth, % |
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
HEXstream Revenue Breakdown By Type, $M:
HEXstream Enterprise Applications Revenues By Functional Markets, $M:
HEXstream Enterprise Applications Revenues By Verticals, $M:
HEXstream Revenues By Region, $M
Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
HEXstream Direct vs Indirect sales
Type | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
HEXstream Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified HEXstream Customers
No. of HEXstream Customers: x
No. of HEXstream Enterprise Applications Customers: x
No. of HEXstream Cloud Customers: x
No. of HEXstream Cloud Subscribers: x
HEXstream focuses on utilities, energy, and infrastructure sectors. They serve large North American utility companies, utilizing HEXstream’s analytics solutions for real-time operational insights, process automation, and digital transformation.
HEXstream Market Opportunities, M&A and Geo Expansions
Utilities bear a tremendous responsibility in ensuring the uninterrupted delivery of vital services, leaving no room for error. In this context, the adoption of predictive analytics confers a significant advantage in assessing the potential impact of imminent disasters on operational efficiency. By harnessing advanced analytical techniques, these tools offer invaluable insights into the assets that are at highest risk of failure. Consequently, utilities can strategically pre-position spare parts, mobilize crews, and stockpile essential resources to mitigate the adverse consequences of asset damage.
HEXstream Risks and Challenges
External risks involve fierce competition from other players in the utility analytics market. Moreover, navigating complex go-to-market challenges, such as compliance with industry regulations and data privacy concerns, poses additional risks for HEXstream.
HEXstream Ecosystem, Partners, Resellers and SI
HEXstream has established strategic partnerships to strengthen its offerings for the utility sector. Collaborations with Oracle, Microsoft Azure, Kinetica, and others support the development of advanced analytics and automation solutions. Partnerships with consulting firms like USP, Gridbright, PSA, and Abjayon further enhance its ability to deliver tailored services. These alliances enable HEXstream to leverage technology to improve utility operations and efficiency.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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