Hexaware Positioned as a Visionary in the 2026 Gartner® Magic Quadrant™ for Custom Software Development Services
Hexaware Positioned as a Visionary in the 2026 Gartner® Magic Quadrant™ for Custom Software Development Services
Gartner, Magic Quadrant for Custom Software Development Services, By Jaideep Thyagarajan, Ryan McKinney, Nathan Davie, 7 October 2026. Gartner and Magic Quadrant are trademarks of Gartner, Inc. and/or its affiliates. Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose. This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Hexaware.
Case Study
Improved Operational Efficiency through Seamless Legacy Modernization
For a Fortune 500 energy distributor, Hexaware modernized legacy systems—raising data accuracy to 99.5%, boosting productivity by 25% and improving compliance forecasting.
The client, a Fortune 500 company, ranks among the largest natural gas distributors in the USA. Their operations span natural gas distribution, wholesale services, and retail operations. Serving over 4.4 million households and businesses across four states, they prioritize sustainable solutions for clean, reliable, and cost-effective energy.
In the competitive landscape of past business, streamlined access to information was critical for effective decision-making and strategic planning. However, complexities in the supply chain and large data volumes often led to a fragmentation of business information. This fragmentation resulted in limited access to self-service options and the customer portal, which were previously confined to the intranet. Such constraints not only impeded operational efficiency but also hindered the availability of crucial analytics, essential for informed decision-making and strategic insight.
Furthermore, inaccuracies in financial transactions across the supply chain were common, making compliance a significant challenge. These issues were traced back to the client’s legacy systems—namely, the HR and Financial modules within PeopleSoft. The outdated PeopleSoft Financial system contributed to inaccuracies in vital financial operations, including invoicing, payments, and the analysis of time and expenses. These inaccuracies complicated compliance efforts, further burdened by insufficient BI and reporting capabilities.
Additionally, the absence of sophisticated, integrated HR analytics adversely affected the management of employees and the overall profitability of resources. To tackle these multifaceted challenges, a modernization of the legacy systems was essential, enabling improved accuracy, compliance, and business intelligence that today’s market demands.
In order to address the challenges, Hexaware implemented a multi-pronged solution approach including modernization of legacy systems. Hexaware analyzed existing systems in place and framed an engagement model to implement the following:
Hexaware’s well-executed transformation was based on key principles: a collaborative approach with clearly defined implementation goals, and a phased deployment strategy based on process and technology complexity. Robust process analysis and experience of legacy modernization ensured a seamless modernization with minimal disruptions. Strong governance and support helped set the stage for future transformation initiatives.