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
Powering Operational Excellence and Agility Across Global Finance and HR Systems Through Cloud-Based Solutions
Hexaware migrated a European bank to SAP Cloud, reducing operating costs by 20% and financial closing time by 30% through automation.
A globally recognized financial institution headquartered in Europe, serving clients across more than 75 countries. With thousands of employees and a mission to stimulate private sector development in emerging markets, the bank relies on data-driven operations and seamless processes to deliver its mandate.
As the bank scaled globally, its operational backbone—spanning HR, finance, and procurement—began to show limitations. Key challenges included:
To drive HR digital transformation, streamline operations, and boost agility, the bank needed a cloud-based ERP transformation, a scalable and standardized digital foundation capable of modernizing its banking operations automation without disrupting mission-critical services.
Hexaware led a multi-phase SAP transformation initiative using its proven frameworks and platforms, enabling a future-ready and insight-driven enterprise:
Migrated 4,000+ employees from SAP ECC to SAP SuccessFactors using Amaze® for ERP—Hexaware’s proprietary cloud migration platform—designed to reduce risk, accelerate delivery, and optimize for cloud-based HR solutions.
Deployed SAP Analytics Cloud implementation integrated with SAP Datasphere to centralize data and enable real-time reporting. Leveraged SAP Ariba Implementation and SAP Concur to digitize procurement and automate contract-to-invoice workflows, enhancing financial process automation.
Established unified templates for HR, Finance, and Supply Chain to streamline operations and improve governance. Introduced real-time HR dashboards for planning, budgeting, and payroll—laying the foundation for next-gen workforce management solutions.
Delivered 16×5 application management support through a hybrid nearshore/onshore model across the UK and India, ensuring continuous optimization and issue resolution post-go-live.
This comprehensive SAP transformation helped the bank reimagine its enterprise foundation—from legacy limitations to a robust, cloud-based HR solution that drives agility, visibility, and growth. Hexaware’s executional excellence bridged the old with the new, delivering a financial process automation strategy that enabled smarter, faster decisions and long-term enterprise value.
The bank’s journey underscores how a well-orchestrated SAP Analytics Cloud implementation, combined with strategic ERP modernization and HR digital transformation, can redefine success in a highly regulated and competitive global landscape.
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