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Discover the latest software purchases and digital transformation initiatives being undertaken by Southwestern Energy and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 900 Southwestern Energy employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Southwestern Energy has purchased the following applications: Oracle iExpense for Expense Management in 2015, Oracle HCM Cloud for Core HR in 2013, Oracle Taleo Cloud Service for Recruiting,Applicant Tracking System in 2013 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Southwestern Energy is running and its propensity to invest more and deepen its relationship with Oracle, ADP, Oildex 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 Southwestern Energy revenues, which have grown to $2.31 billions 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 Southwestern Energy 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
For more than 80 years, Southwestern Energy Company has thrived because of a deep commitment to providing the energy that powers our world. Their success continues to be dependent upon the dedication of their employees to the company and to the communities in which operate. Currently, the fourth largest producer of natural gas in the US Lower 48, Southwestern Energy Company is a growing independent energy company primarily engaged in natural gas and crude oil exploration, development and production. Also focused on creating and capturing additional value through their natural gas gathering and marketing businesses, which is referred to as Midstream Services.
Scope and Challenges
When everybody thought that Southwestern Energy are going bankrupt, the management team broth together and realized that people working in the company are the most valuable resource of the company which they need to preserve that resource.
Southwestern Energy, an independent energy company, involved in the exploration, development and production of natural gas and crude oil in North America, replaced its aging customized and siloed systems with an integrated Oracle platform. Now have Oracle HCM cloud as their core HR for their enterprise.
Outcome and Implications
It transformed its business processes to operate as a world-class, entrepreneurial exploration and production organization and gained the ability to effectively integrate future acquisitions and expansion of existing operations.
With Oracle's integrated global platform for enterprise resource management, upstream, human resources, business intelligence and financial planning, SWN has created a single source of truth for master data elements, including well sites, leases/contracts, suppliers, customers and employees. It also has streamlined compliance with internal and external audit and regulatory requirements and has significantly reduced its information technology (IT) budget thanks to a simplified and unified business intelligence infrastructure built on Oracle.