Minneapolis, 55401, MN,
United States
Xcel Energy Technographics
Xcel Energy Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Xcel Energy and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 12000 Xcel 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 Xcel Energy has purchased the following applications: OpenText Vendor Invoice Management for AP Automation in 2016, SAP SuccessFactors Compensation for Compensation Management in 2014, Hitachi Ventyx FocalPoint Suite for Asset Performance Management in 2002 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Xcel Energy is running and its propensity to invest more and deepen its relationship with OpenText , SAP , Workday 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 Xcel Energy revenues, which have grown to $13.44 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 Xcel 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.
Xcel Energy Tech Stack and Enterprise Applications
Xcel Energy ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| OpenText | Legacy | OpenText Vendor Invoice Management | AP Automation | ERP | n/a | 2016 | 2016 |
In 2016, Xcel Energy implemented OpenText Vendor Invoice Management. The deployment was scoped to accounts payable and corporate finance functions, positioning OpenText Vendor Invoice Management within the AP Automation category to centralize invoice intake, processing, and approval workflows.
OpenText Vendor Invoice Management was configured to support standard AP Automation capabilities including electronic invoice capture and OCR, automated invoice validation and matching, exception routing, approval workflow orchestration, and audit-ready archival. Configuration emphasized workflow rules, role-based approvals, and document indexing to support invoice lifecycle management and compliance controls.
Deployment followed a phased go-live model and supported phased Go Live Preparations and Cutovers for OpenText VIM, with governance led by AP process owners and finance change control teams. Implementation included integration interfaces to Xcel Energy financial systems to push approved transactions to downstream ledgers, and operational coverage centered on accounts payable and shared services teams across the enterprise.
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ERP Financial | ERP |
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2016 | 2016 |
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ERP Financial | ERP |
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2020 | 2021 |
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Expense Management | ERP |
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2012 | 2012 |
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Xcel Energy HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP SuccessFactors Compensation | Compensation Management | HCM | n/a | 2014 | 2014 |
In 2014, Xcel Energy implemented SAP SuccessFactors Compensation as part of its Compensation Management adoption. The 2014 deployment was positioned within a broader SAP SuccessFactors talent suite effort to centralize pay administration and variable pay program configuration across HR processes.
The implementation encompassed typical Compensation Management capabilities including compensation planning workflows, pay component modeling, budget allocation and approval routing, and configuration of variable pay programs. SAP SuccessFactors Compensation was operated alongside Recruiting, Recruiting Marketing, Performance and Goals, Variable Pay, Reporting and Analytics, Employee Profile, and Succession Planning to create linked talent and pay workflows and consolidated talent reporting.
Operational coverage focused on HR and talent management functions, using Reporting and Analytics to align performance inputs with compensation cycles and to support compensation committee review processes. Functional impact included recruiting to payout handoffs, performance calibration inputs for merit and bonus decisions, and centralized employee profile attributes feeding compensation eligibility.
Governance and ongoing system stewardship were provided by a Talent Management System Administrator who supported the SuccessFactors modules from May 2014 through May 2021, maintaining configurations for Recruiting, Performance and Goals, Compensation, Variable Pay, Employee Profile, Reporting and Analytics, and Succession Planning. SAP SuccessFactors Compensation remained the core application for Xcel Energy's Compensation Management workflows and administrative controls.
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Core HR | HCM |
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2022 | 2022 |
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Fatigue Management | HCM |
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2025 | 2025 |
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HR Compliance | HCM |
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2022 | 2023 |
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Performance and Goal Management | HCM |
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2014 | 2014 |
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Recruiting Chatbot | HCM |
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2022 | 2022 |
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Recruiting, Applicant Tracking System | HCM |
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2012 | 2012 |
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Skills Intelligence | HCM |
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2021 | 2022 |
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Succession and Leadership Planning | HCM |
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2014 | 2014 |
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Workforce Analytics | HCM |
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2014 | 2014 |
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Workforce Analytics | HCM |
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2022 | 2022 |
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Workforce Analytics | HCM |
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2022 | 2023 |
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Workforce Management | HCM |
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2023 | 2024 |
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Workforce Scheduling | HCM |
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2017 | 2017 |
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Workforce Scheduling | HCM |
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2025 | 2025 |
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Xcel Energy ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Hitachi Vantara | Legacy | Hitachi Ventyx FocalPoint Suite | Asset Performance Management | ERP Services and Operations | n/a | 2002 | 2003 |
In 2002, Xcel Energy implemented Hitachi Ventyx FocalPoint Suite as its Asset Performance Management solution. The deployment was introduced alongside an existing PassPort EAM environment and the IndusBuyDemand e-procurement expansion, with IndusBuyDemand integrated into PassPort to support supply chain, accounts payable and work management systems.
The Hitachi Ventyx FocalPoint Suite configuration emphasized core Asset Performance Management capabilities, including asset health analytics, condition based monitoring, predictive maintenance workflows and risk based inspection planning. Implementation work centered on defining equipment hierarchies, criticality scoring and automated work triggers to feed maintenance planning and execution processes.
Operational coverage was aligned to supply chain and work management processes already managed through PassPort and IndusBuyDemand, enabling asset driven procurement and synchronized work planning. The APM solution was positioned to interoperate with existing transactional systems to provide a single view of asset condition and planned maintenance activities across utility operations.
Governance and rollout were driven by supply chain and property services leadership, reflecting the company focus on streamlining operations. The IndusBuyDemand e-procurement functionality, including catalog search and content management, was expected to reduce cycle times by increasing transactional efficiency, while the Hitachi Ventyx FocalPoint Suite provided the Asset Performance Management capabilities to inform maintenance and procurement decisions.
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Business Process Management | ERP Services and Operations |
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2011 | 2011 |
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Enterprise Asset Management | ERP Services and Operations |
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2016 | 2016 |
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Enterprise Asset Management | ERP Services and Operations |
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2012 | 2012 |
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Facility Management | ERP Services and Operations |
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2013 | 2013 |
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Field Service Management | ERP Services and Operations |
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2017 | 2017 |
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Field Service Management | ERP Services and Operations |
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2012 | 2013 |
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Field Service Management | ERP Services and Operations |
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2022 | 2022 |
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Field Service Management | ERP Services and Operations |
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2022 | 2022 |
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Grant Management | ERP Services and Operations |
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2019 | 2022 |
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Revenue Cycle Management | ERP Services and Operations |
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2022 | 2022 |
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Utilities Distribution Management | ERP Services and Operations |
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2024 | 2025 |
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Utilities ERP | ERP Services and Operations |
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2014 | 2015 |
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Xcel Energy AI-Powered Application
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Chatbots and Conversational AI | AI-Powered Application |
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2020 | 2020 |
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Xcel Energy Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Analytics and BI | Analytics and BI |
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2016 | 2018 |
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Analytics and BI | Analytics and BI |
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2015 | 2015 |
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Xcel Energy Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Audio Video and Web Conferencing | Collaboration |
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2017 | 2017 |
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Collaboration | Collaboration |
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2018 | 2018 |
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Xcel Energy Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Content Management | Content Management |
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2020 | 2020 |
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Contract Lifecycle Management | Content Management |
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2010 | 2011 |
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Contract Lifecycle Management | Content Management |
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2017 | 2017 |
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Digital Signing | Content Management |
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2021 | 2021 |
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Xcel Energy SCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Real-Time Transportation Visibility | SCM |
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2024 | 2024 |
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Xcel Energy CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Customer Analytics | CRM |
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2022 | 2022 |
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Customer Engagement, Customer Experience | CRM |
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2022 | 2022 |
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Customer Support | CRM |
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2022 | 2022 |
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Customer Support | CRM |
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2017 | 2017 |
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Data Management Platform | CRM |
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2017 | 2017 |
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Data Management Platform | CRM |
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2017 | 2017 |
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Data Management Platform | CRM |
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2020 | 2020 |
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Data Management Platform | CRM |
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2020 | 2020 |
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Digital Advertising Platform | CRM |
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2015 | 2015 |
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Digital Advertising Platform | CRM |
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2017 | 2017 |
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Digital Advertising Platform | CRM |
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2017 | 2017 |
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Marketing Analytics | CRM |
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2011 | 2011 |
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Marketing Analytics | CRM |
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2016 | 2016 |
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Marketing Analytics | CRM |
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2016 | 2016 |
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Marketing Automation | CRM |
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2021 | 2021 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2021 | 2021 |
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Sales Automation, Sales Engagement | CRM |
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2018 | 2018 |
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Tag Management | CRM |
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2020 | 2020 |
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Xcel Energy ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Application Performance Management | ITSM |
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2021 | 2021 |
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IT Service Management | ITSM |
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2020 | 2020 |
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Xcel Energy PLM and Engineering
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Geographic Information System | PLM and Engineering |
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2022 | 2022 |
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Xcel Energy Procurement
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Procurement | Procurement |
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2020 | 2020 |
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Sourcing | Procurement |
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2017 | 2017 |
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Supplier Relationship Management | Procurement |
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2020 | 2020 |
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Supplier Relationship Management | Procurement |
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2010 | 2010 |
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Xcel Energy TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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CTRM | TRM |
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2023 | 2023 |
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Governance, Risk and Compliance | TRM |
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2012 | 2012 |
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Risk Management | TRM |
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2012 | 2012 |
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Treasury Management | TRM |
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2021 | 2021 |
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Xcel Energy PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Operating System (OS) | PaaS |
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2002 | 2002 |
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Operating System (OS) | PaaS |
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2016 | 2016 |
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Robotic Process Automation | PaaS |
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2018 | 2018 |
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Xcel Energy IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2013 | 2013 |
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Application Hosting and Computing Services | IaaS |
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2015 | 2015 |
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Application Hosting and Computing Services | IaaS |
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2019 | 2019 |
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Application Hosting and Computing Services | IaaS |
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2012 | 2012 |
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Content Delivery Network | IaaS |
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2018 | 2018 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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Content Delivery Network | IaaS |
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2019 | 2019 |
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Database Management | IaaS |
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2000 | 2000 |
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Xcel Energy CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2020 | 2020 |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2020 | 2020 |
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Vulnerability Management | CyberSecurity |
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2012 | 2012 |
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Xcel Energy Physical Security
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Video Security Cameras | Physical Security |
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2019 | 2019 |
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Video Surveillance System | Physical Security |
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2019 | 2019 |
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IT Decision Makers and Key Stakeholders at Xcel Energy
Apps Being Evaluated by Xcel Energy Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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| No data found | ||||||