Indorama Ventures
75/102 Ocean Tower 2 37th Floor Sukhumvit Soi 19, Asoke Road Klongtoeynua, Wattana,
Bangkok, 10110,
Thailand
Bangkok, 10110,
Thailand
66 2 661 6661
Manufacturing
Indorama Ventures Technographics
Indorama Ventures Software Purchases and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Indorama Ventures and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 26000 Indorama Ventures employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Indorama Ventures has purchased the following applications: Oracle E-Business Suite for ERP Financial in 2004, Oracle PeopleSoft HCM for Core HR in 2012, R3 Corda Blockchain Platform for Blockchain Platform in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Indorama Ventures is running and its propensity to invest more and deepen its relationship with Oracle , 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 Indorama Ventures revenues, which have grown to $16.69 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 Indorama Ventures 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.
Indorama Ventures Data, Technology Stack, and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle E-Business Suite | ERP Financial | ERP Financial Management | n/a | 2004 | 2018 |
Indorama Ventures in 2004 implemented Oracle E‑Business Suite as its new application (ERP Financial), replacing a legacy system to standardize financial and manufacturing back‑office processes across its PTA Asia business in Thailand and Indonesia. The program was run internally with the IT Site Head acting as project manager and senior developer, coordinating change requests and daily IT operations while steering the rollout and technical delivery.
The deployment included core financial and manufacturing modules—Accounts Payable, General Ledger, Accounts Receivable, Inventory, Fixed Assets, Costing, Production, Quality Control and Maintenance—implemented as an in‑house Oracle ERP. In parallel the team designed and developed an Oracle data warehouse: requirements analysis with internal stakeholders, database schema design, PL/SQL stored procedures, functions and triggers to implement ETL pipelines, and the creation of views and materialized views for reporting and performance optimization. The implementation also encompassed data integrity management, performance monitoring and tuning, and a documented disaster recovery plan. The data warehouse component was positioned to support company strategists with mission‑critical and cost‑effective decision making.
|
|
|
|
|
ERP Financial | ERP Financial Management |
|
2020 | 2020 |
|
HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | SAP HCM (HR) | Oracle PeopleSoft HCM | Core HR | HCM | n/a | 2012 | 2018 |
In 2012, Indorama Ventures implemented Oracle PeopleSoft HCM, deploying PeopleSoft Enterprise HRMS 9.0 as its Core HR platform. The program migrated core employee records and HR administration from SAP HCM to PeopleSoft Enterprise HRMS 9.0, centralizing personnel management within Indorama's HR organization. Implementation scope focused on establishing PeopleSoft as the definitive store for employee master data and organizational structures.
The deployment included an explicit ePerformance implementation alongside standard Core HR functional components for personnel administration and workforce data. Configuration work emphasized role based security, workflow enabled performance review cycles, and data model alignment to support employee lifecycle transactions and compliance reporting. The project used PeopleSoft configuration and workflow tools to automate review cycles and approval routing for performance management.
As part of the initiative Indorama executed data conversion, reconciliation, and cutover planning to transition records from SAP HCM into Oracle PeopleSoft HCM. Governance centered on HR process standardization, master data change control, and staged user acceptance testing to validate performance and personnel workflows. The result established PeopleSoft Enterprise HRMS 9.0 as the Core HR backbone for Indorama Ventures, standardizing personnel administration and structured performance management across the HR function.
|
|
|
|
|
Core HR | HCM |
|
2016 | 2018 |
|
Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| R3 Corda | Legacy | R3 Corda Blockchain Platform | Blockchain Platform | Blockchain | n/a | 2020 | 2020 |
In 2020, Indorama Ventures implemented the R3 Corda Blockchain Platform as a Blockchain Platform to pilot a blockchain-enabled trade finance workflow. The pilot executed a letter-of-credit transaction with Techwool Trading in Australia using the single shared application Contour, with HSBC acting as issuing and advising bank for both sides.
The implementation focused on digitizing letter-of-credit document exchange and enabling real-time document review across counterparties. Functional capabilities implemented included permissioned document sharing, immutable transaction records, and workflow orchestration for the LC lifecycle, aligning with typical Blockchain Platform operational patterns.
Operational coverage spanned the trade finance and supply chain functions between Indorama in Thailand and the Australian supplier, with shared application access provisioned for buyer, seller, and bank. The pilot was reported as commercially and operationally viable, enabling document review in real time and reducing cost, risk and lead times in cross border trade.
|
Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Collaboration | Collaboration |
|
2021 | 2021 |
|
EPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
EPM | EPM |
|
2011 | 2018 |
|
|
|
|
|
Financial Consolidation and Close | EPM |
|
2011 | 2011 |
|
Procurement
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Procurement | Procurement |
|
2024 | 2024 |
|
|
|
|
|
Sourcing | Procurement |
|
2024 | 2024 |
|
|
|
|
|
Supplier Relationship Management | Procurement |
|
2024 | 2024 |
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2018 | 2018 |
|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2021 | 2021 |
|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2021 | 2021 |
|
|
|
|
|
Content Delivery Network | IaaS |
|
2021 | 2021 |
|
IT Decision Makers and Key Stakeholders at Indorama Ventures
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Indorama Ventures Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||
FAQ - APPS RUN THE WORLD Indorama Ventures Technographics
Indorama Ventures is a Manufacturing organization based in Thailand,
with around 26000 employees and annual revenues of $16.69 billion.
Indorama Ventures operates a diverse technology stack with applications such as
Oracle E-Business Suite, Oracle PeopleSoft HCM and R3 Corda Blockchain Platform,
covering areas like ERP Financial, Core HR and Blockchain Platform.
Indorama Ventures has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Oracle and R3 Corda.
Indorama Ventures recently adopted applications including
GEP SMART in 2024, GEP SMART Sourcing in 2024 and SAP Taulia Supplier Management in 2024,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Indorama Ventures’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Indorama Ventures’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete Indorama Ventures technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.