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● Sunflower Bank, a Fiserv Signature Bank customer evaluated FIS Horizon

ACWA Power
Location
Exit 8 Qurtubah District Eastern Ring Road,
Riyadh, 11416,
Saudi Arabia
Website
https://www.acwapower.com/
Phone
966 11 283 5555
Artw industry
Utilities
Employee
Revenue

ACWA Power Technographics

ACWA Power Software Purchases and Digital Transformation Initiatives

Discover the latest software purchases and digital transformation initiatives being undertaken by ACWA Power and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 4000 ACWA Power employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.

During our research, we have identified that ACWA Power has purchased the following applications: Oracle Cloud HCM for Core HR in 2018, Ethereum Platform for Blockchain Platform in 2018, Cisco Webex Meetings for Audio Video and Web Conferencing in 2021 and the related IT decision-makers and key stakeholders.

Our database provides customer insight and contextual information on which enterprise applications and software systems ACWA Power is running and its propensity to invest more and deepen its relationship with Oracle , Ethereum Foundation , Cisco Systems or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

We have been analyzing ACWA Power revenues, which have grown to $1.68 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for ACWA Power intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.

ACWA Power Data, Technology Stack, and Enterprise Applications
HCM
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Oracle Legacy Oracle Cloud HCM Core HR HCM n/a 2018 2019
Blockchain
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Ethereum Foundation Legacy Ethereum Platform Blockchain Platform Blockchain n/a 2018 2018
In 2018, ACWA Power implemented the Ethereum Platform as part of its adoption of SolarCoin, becoming the first utility-scale generator to join the SolarCoin ecosystem. The deployment is categorized as a Blockchain Platform and centers on receipt and management of SolarCoin tokens tied to ACWA Power solar output. SolarCoin provides digital tokens to ACWA Power at the rate of 1 SolarCoin per 1 MWh of solar energy produced, creating a crypto-based reward stream linked to meter-verified generation. The implementation of the Ethereum Platform includes token issuance and wallet compatibility components, leveraging SolarCoin as an ERC20-style token to enable holding, spending, trading, and acceptance by exchanges and merchants. SolarCoin historically used an ultra-low carbon proof of stake time algorithm, and after a nine month review the SolarCoin core development team chose to move SolarCoin onto an Ethereum-based Energy Web Chain that uses a Proof of Authority consensus model. The Energy Web Chain implementation is maintained by the Energy Web Foundation and partners, preserving open ledger characteristics while reducing blockchain operational carbon intensity. Operationally the Blockchain Platform integration is tied to ACWA Power solar generation metering and commercial settlement flows, enabling SolarCoin disbursement per MWh as a supplementary means of payment for goods and services. Business functions impacted include commercial operations that accept or trade SolarCoin and corporate sustainability programs that track incentivized solar production. The Ethereum Platform and SolarCoin relationship positions ACWA Power to use blockchain-native wallets and exchange compatibility to transact and manage token holdings. Governance for the rollout was driven by the SolarCoin core development team and focused on compatibility with existing Ethereum tooling through ERC20 compliance, rather than a single vendor lock in. The decision to adopt an Ethereum-based Energy Web Chain followed research to balance state-of-the-art tooling with a lower carbon consensus mechanism, aligning technical architecture with SolarCoin mission objectives. ACWA Power’s 2018 implementation therefore ties the Ethereum Platform, as a Blockchain Platform, into solar generation incentives and payments infrastructure.
Collaboration
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Cisco Systems Legacy Cisco Webex Meetings Audio Video and Web Conferencing Collaboration n/a 2021 2021
Collaboration Collaboration 2017 2017
Survey and Questionnaire Collaboration 2020 2020
Content Management
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Application, Web and Enterprise Search Content Management 2018 2018
Digital Signing Content Management 2021 2021
CRM
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
PR and Media Communication CRM 2020 2020
ITSM
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
IT Service Management ITSM 2022 2022
Remote Monitoring and Management ITSM 2020 2020
TRM
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Risk Management TRM 2015 2015
IaaS
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Application Hosting and Computing Services IaaS 2019 2019
IT Decision Makers and Key Stakeholders at ACWA Power
First Name Last Name Title Function Department Email Phone
No data found
Show All Contacts
Apps Being Evaluated by ACWA Power Executives
Date Company Status Vendor Product Category Market
No data found
FAQ - APPS RUN THE WORLD ACWA Power Technographics

ACWA Power is a Utilities organization based in Saudi Arabia, with around 4000 employees and annual revenues of $1.68 billion.

ACWA Power operates a diverse technology stack with applications such as Oracle Cloud HCM, Ethereum Platform and Cisco Webex Meetings, covering areas like Core HR, Blockchain Platform and Audio Video and Web Conferencing.

ACWA Power has invested in cloud applications and AI-driven platforms to optimize efficiency and growth, collaborating with vendors such as Oracle, Ethereum Foundation and Cisco Systems.

ACWA Power recently adopted applications including Atlassian Jira Service Desk in 2022, Cisco Webex Meetings in 2021 and DocuSign eSignature in 2021, highlighting its ongoing modernization strategy.

APPS RUN THE WORLD maintains an up-to-date database of ACWA Power’s key decision makers and IT executives, available to Premium subscribers.

Our research team continuously updates ACWA Power’s profile with verified software purchases, vendor relationships, and digital initiatives identified from public and proprietary sources.

Subscribe to APPS RUN THE WORLD to access the complete ACWA Power technographics profile, including detailed breakdowns by category, vendor, and IT decision makers.