Mumbai, 400020,
India
Hindustan Petroleum Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Hindustan Petroleum and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 8154 Hindustan Petroleum employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Hindustan Petroleum has purchased the following applications: Oracle JD Edwards EnterpriseOne for ERP Financial in 2014, NEAR Blockchain for Blockchain Platform in 2023, Google Cloud Platform (GCP) for Application Hosting and Computing Services in 2022 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Hindustan Petroleum is running and its propensity to invest more and deepen its relationship with Oracle , Near , Hyperledger 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 Hindustan Petroleum revenues, which have grown to $55.00 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 Hindustan Petroleum 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.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle JD Edwards EnterpriseOne | ERP Financial | ERP Financial Management | n/a | 2014 | 2014 |
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Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Near | Legacy | NEAR Blockchain | Blockchain Platform | Blockchain | n/a | 2023 | 2023 |
In 2023, Hindustan Petroleum implemented NEAR Blockchain as part of a Blockchain Platform initiative to secure and streamline its purchase order issuance and verification processes. The deployment targets HPCL procurement operations and external vendor verification workflows, with the publicly announced rollout planned for October and approximately 3,000 purchase orders already issued via the platform by mid October, following a procurement volume that totaled an estimated 52 billion dollars in purchase orders over the prior five years.
The implementation integrates the LegitDoc application from Zupple Labs to issue tamper proof digital purchase orders, providing capabilities for digital issuance, instant cryptographic verification, and documentation of turnover that can be used for collateralization and trade finance access. Functional workflows implemented include publisher issuance of purchase orders to counterparties, click to verify authenticity for recipients, and persistent on chain evidence designed to reduce manual verification effort for third party requests.
Architecturally the solution uses two parallel settlement layers, the NEAR public blockchain and a permissioned private blockchain built on Hyperledger Fabric, with LegitDoc bridging issuance and verification across those layers. This dual ledger approach supports public verifiability on the NEAR Blockchain while maintaining permissioned record keeping and settlement functions on Hyperledger Fabric, and it is integrated into procurement and vendor access paths so vendors and public stakeholders can validate orders.
Governance and operational impacts center on automating external verification workflows, securing historically fraud prone purchase orders, and enabling vendors to present verifiable turnover for participation in public procurement and trade finance. The rollout emphasizes procurement process automation, vendor onboarding to blockchain verification, and issuance governance through LegitDoc and the NEAR Blockchain, with no explicit cost or risk figures provided in the source material.
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Blockchain Platform | Blockchain |
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2023 | 2023 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Legacy | Google Cloud Platform (GCP) | Application Hosting and Computing Services | IaaS | n/a | 2022 | 2022 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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