Mumbai, 400013,
India
Aditya Birla Sun Life Insurance Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Aditya Birla Sun Life Insurance and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 34681 Aditya Birla Sun Life Insurance employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Aditya Birla Sun Life Insurance has purchased the following applications: R3 Corda Blockchain Platform for Blockchain Platform in 2018, Oracle Cloud ERP for ERP Financial in 2017 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Aditya Birla Sun Life Insurance is running and its propensity to invest more and deepen its relationship with R3 Corda , Oracle 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 Aditya Birla Sun Life Insurance revenues, which have grown to $3.61 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 Aditya Birla Sun Life Insurance 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.
Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| R3 Corda | Legacy | R3 Corda Blockchain Platform | Blockchain Platform | Blockchain | n/a | 2018 | 2018 | In 2018, Aditya Birla Sun Life Insurance joined a multi-insurer consortium to deploy the R3 Corda Blockchain Platform, a Blockchain Platform, to enable secure cross-company data sharing across India’s life insurance sector. The initiative was positioned as a shared source of truth to reduce reliance on third-party data aggregators and to provide consistent, real-time customer and policy information for downstream business functions. The R3 Corda Blockchain Platform implementation centers on distributed ledger capabilities and industry-aligned workflows for customer and policy record synchronization, fraud detection, and regulatory compliance. Functional elements emphasized immutable record keeping, transparency across counterparties, and smart contract style orchestration of inter-company data exchange to streamline processes and reduce data redundancy. The deployment was built on CORDA from R3 and hosted on Microsoft’s Azure cloud, with Cognizant collaborating as a member of the delivery team for the consortium. Operational coverage targeted core life insurance functions including customer data management, policy administration, fraud monitoring, and compliance reporting, and was rolled out as a consortium-level integration among participating insurers. Governance shifted toward consortium-managed shared ledger rules and data stewardship, designed to disintermediate data aggregators and create greater accountability across participants. Outcomes called out by stakeholders included reduced risk of data breaches, lower fraud and money laundering exposure, improved record consistency, accelerated turnaround times for customer processes, and streamlined operating workflows. |
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Cloud ERP | ERP Financial | ERP Financial Management | n/a | 2017 | 2017 |
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| Date | Company | Status | Vendor | Product | Category | Market |
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