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Cantor Fitzgerald, a Kyriba Treasury customer evaluated GTreasury

Michelin, an e2open customer evaluated Oracle Transportation Management

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Swedbank, a Temenos T24 customer evaluated Oracle Flexcube

Neqsol Holding Data, Technology Stack, and Enterprise Applications
Procurement
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Promena Legacy Promena e-Procurement Procurement Procurement n/a 2020 2020
In 2020, NEQSOL Holding deployed Promena e-Procurement to run tenders, e-auctions and RFx activities. The implementation targeted the Procurement function, and was positioned in the Procurement category to centralize e-Sourcing workflows and broaden supplier access for sourcing events in the region. Promena e-Procurement's e-Sourcing and e-auction capabilities were configured to digitize tender publication, bid submission and adjudication workflows. Configuration included vendor reference reports and a user-friendly interface for employees and suppliers, which improved control and transparency for procurement processes. Operational coverage focused on procurement teams managing RFx orchestration and auction events, with governance changes emphasizing structured tender workflows and enhanced auditability of sourcing decisions. Promena e-Procurement was used to institutionalize electronic tendering and supplier engagement across sourcing activities rather than to extend into unrelated business functions.
Supplier Relationship Management Procurement 2020 2020
IaaS
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Hetzner Legacy Hetzner Application Hosting and Computing Services IaaS n/a 2019 2019
In 2019, Neqsol Holding implemented Hetzner as its Application Hosting and Computing Services provider to host its corporate website. The deployment is focused on delivering web hosting and compute capacity for Neqsol Holding's public site at neqsolholding.com. The implementation leverages Hetzner's cloud compute and infrastructure hosting capabilities, including virtual server provisioning, block storage, and network services typical of Application Hosting and Computing Services. Configuration work emphasizes server image management, web server stack provisioning, DNS configuration, and SSL certificate installation, with automation of instance provisioning and backup routines consistent with small enterprise operations. Operational ownership is managed by Neqsol Holding's internal IT function in Azerbaijan, which administers monitoring, security patching, and routine maintenance for the Hetzner-hosted environment. The Hetzner deployment is integrated directly with the corporate website, supporting web content delivery, secure connections, and standard infrastructure services. Governance is organized around hosting best practices such as access control, change management, and scheduled maintenance workflows rather than external implementation partners. Hetzner remains the application provider for Neqsol Holding's website under the Application Hosting and Computing Services category.
IT Decision Makers and Key Stakeholders at Neqsol Holding
First Name Last Name Title Function Department Email Phone
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Apps Being Evaluated by Neqsol Holding Executives
Date Company Status Vendor Product Category Market
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FAQ - APPS RUN THE WORLD Neqsol Holding Technographics

Neqsol Holding is a Professional Services organization based in Azerbaijan, with around 100 employees and annual revenues of $10.0 million.

Neqsol Holding operates a diverse technology stack with applications such as Promena e-Procurement and Hetzner, covering areas like Procurement and Application Hosting and Computing Services.

Neqsol Holding has invested in cloud applications and AI-driven platforms to optimize efficiency and growth, collaborating with vendors such as Promena and Hetzner.

Neqsol Holding recently adopted applications including Promena e-Procurement in 2020, Promena Supplier Management in 2020 and Hetzner in 2019, highlighting its ongoing modernization strategy.

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

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