HEXstream Strengths, Domain Expertise, and Key Differentiators
HEXstream, a prominent player in the IT industry, has been making significant strides in the utility analytics domain.
HEXstream's success in the utility analytics market can be attributed to several key differentiators. Firstly, the company possesses extensive domain expertise, gained through collaboration with some of the largest utilities in North America. This expertise enables HEXstream to understand the unique challenges and requirements of the industry. Secondly, HEXstream's product portfolio, including Utility360, stands out due to its flexible data model, supporting real-time and historical analysis.
HEXstream Recent Developments
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
1 855-439-7873
https://www.hexstream.com/
Ownership: - x
Number of Employees: 80
Functional Markets: Analytics and BI, ERP Services and Operations,
Key Verticals: Utilities,
HEXstream Key Enterprise and Cloud Applications
HEXstream Utility360
HEXstream Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| 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 | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| 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
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| 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 works with utilities to help their data generate the most possible value for customers.
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
While HEXstream has demonstrated remarkable success, it faces certain risks in the market. Internal risks include maintaining a talented workforce and scaling operations effectively to meet the growing demand for their solutions.
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
The collaboration with Disaster Tech in 2020 enables HEXstream to provide emergency preparedness solutions to utilities. By leveraging the network effects of system integrators and value-added resellers, HEXstream enhances its market reach and ensures seamless integration of its analytics solutions with existing utility systems.
HEXstream Cloud Infrastructure Insights
Subscribe to read more about:
- HEXstream Public Cloud and Infrastructure (IaaS)
- HEXstream Platform (PaaS)
- HEXstream Application Delivery
- HEXstream Private Cloud and Data Centers
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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