Apps Run The World

Live Oak Software Purchases and Digital Transformation Initiatives

Last updated on 2021-08-18 17:33:35

Discover the latest software purchases and digital transformation initiatives being undertaken by Live Oak and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 628 Live Oak employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.

During our research, we have identified that Live Oak has purchased the following applications: Matomo Analytics for Marketing Analytics in 2021, DocuSign eSignature for Digital Signing in 2021, Hubspot CRM for CRM 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 Live Oak is running and its propensity to invest more and deepen its relationship with Matomo , DocuSign , HubSpot, Inc. 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 Live Oak revenues, which have grown to $215.0 millions in 2019, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Live Oak 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.

About the Customer

Live Oak Bank is a direct bank headquartered in Wilmington, North Carolina. It is a subsidiary of Live Oak Bancshares, Inc., a bank holding company. The bank specializes in originating business loans that are guaranteed by the Small Business Administration (SBA) to companies in 16 specific industries.

Along with Wells Fargo and U.S. Bancorp, it is one of the largest originators of loans guaranteed by the SBA. The company typically sells 90% of its loans, including the portion guaranteed by the SBA. The company does not have any branches but has offices in North Carolina, Florida, Georgia, and California. The company owns three jets, which have been referred to as "branches that fly".

Scope and Challenges

Live Oak Bank uses the latest technology to differentiate itself in the marketplace. Why they chose Analytics Cloud is to help employees answer tough questions and make decisions in real time

Prior to SAP, they had several Excel workbooks with lots of different tabs and that was fine when they were small but they have been a growing company for a number of years and they continue to grep heading into the 2016 budget process.

They saw that unless they made a change they wouldn't be able to deliver the decisions quickly to managers; They were really looking for who would be able to kind of handle the complex models. They chose SAP Cloud for Analytics because they knew that the Hana platform was behind it and because they know that'll they provide better collaboration, better transparency, and greater flexibility.

Outcome and Implications

"SAP really enables us to make decisions faster and to find answers to questions faster. It doesn't take a lot of expertise to understand the software and understand how to use it, you just move drag-and-drop change filters and get the answers you want by educating the rest of the company. We could really empower everyone else through the organization" -said Steven Hayes  Analytics Manager at Live Oak Bank.

 


1741 Tiburon Drive
Wilmington, 28403 , NC
United States
1 910-790-5867
https://www.liveoakbank.com/
Industry Employees Revenue
Banking and Financial Services 628 $215.0M

Enterprise Software and Cloud Applications being used by Live Oak


Vendor Old Product New Product Category Market Users VAR/SI When Live
SAP Legacy Applications SAP Analytics Cloud Analytics and BI Analytics and BI n/a Accenture 2018 2018
Subscribe Subscribe Subscribe Collaboration Collaboration Subscribe Subscribe 2013 2013
Subscribe Subscribe Subscribe Collaboration Collaboration Subscribe Subscribe 2015 2015
Subscribe Subscribe Subscribe Digital Signing Content Management Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Content Management Content Management Subscribe Subscribe 2017 2017
Subscribe Subscribe Subscribe Web Content Management Content Management Subscribe Subscribe 2012 2012
Subscribe Subscribe Subscribe Marketing Analytics CRM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Marketing Analytics CRM Subscribe Subscribe 2015 2015
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2020 2020
Subscribe Subscribe Subscribe CRM CRM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2020 2020
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2014 2014
Subscribe Subscribe Subscribe CCaaS CRM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Tag Management CRM Subscribe Subscribe 2017 2017
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2014 2014
Subscribe Subscribe Subscribe Marketing Analytics CRM Subscribe Subscribe 2017 2017
Subscribe Subscribe Subscribe Payment Processing ERP Financial Management Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Application Hosting Services IaaS Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Application Hosting Services IaaS Subscribe Subscribe 2014 2014
Subscribe Subscribe Subscribe Secure Email Gateways (SEGs) IaaS Subscribe Subscribe 2019 2019
Subscribe Subscribe Subscribe Application Hosting Services IaaS Subscribe Subscribe 2014 2014
Subscribe Subscribe Subscribe Content Delivery Network IaaS Subscribe Subscribe 2013 2013
Subscribe Subscribe Subscribe IT Service Management ITSM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Transactional Email PaaS Subscribe Subscribe 2018 2018
Vendor Old Product New Product Category Market Users VAR/SI When Live
SAP Legacy Applications SAP Analytics Cloud Analytics and BI Analytics and BI n/a Accenture 2018 2018
Subscribe Subscribe Subscribe Collaboration Collaboration Subscribe Subscribe 2013 2013
Subscribe Subscribe Subscribe Collaboration Collaboration Subscribe Subscribe 2015 2015
Subscribe Subscribe Subscribe Digital Signing Content Management Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Content Management Content Management Subscribe Subscribe 2017 2017
Subscribe Subscribe Subscribe Web Content Management Content Management Subscribe Subscribe 2012 2012
Subscribe Subscribe Subscribe Marketing Analytics CRM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Marketing Analytics CRM Subscribe Subscribe 2015 2015
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2020 2020
Subscribe Subscribe Subscribe CRM CRM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2020 2020
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2014 2014
Subscribe Subscribe Subscribe CCaaS CRM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Tag Management CRM Subscribe Subscribe 2017 2017
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2014 2014
Subscribe Subscribe Subscribe Marketing Analytics CRM Subscribe Subscribe 2017 2017
Subscribe Subscribe Subscribe Payment Processing ERP Financial Management Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe IT Service Management ITSM Subscribe Subscribe 2018 2018
Vendor Old Product New Product Category Market Users VAR/SI When Live
Twilio Legacy Applications Twilio Sendgrid Transactional Email PaaS n/a n/a 2018 2018
Vendor Old Product New Product Category Market Users VAR/SI When Live

IT Decision Makers and Key Stakeholders at Live Oak


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