Industrial Bank of Korea
79, Eulji-ro Jung-gu,
Seoul, 04541,
South Korea
Seoul, 04541,
South Korea
82 31 888 8000
Banking and Financial Services
Industrial Bank of Korea Technographics
Industrial Bank of Korea Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Industrial Bank of Korea and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 12495 Industrial Bank of Korea employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Industrial Bank of Korea has purchased the following applications: Temenos T24 for Core Banking in 2004, GiGA Chain Blockchain for Blockchain Platform in 2019, Adobe Experience Cloud for Customer Experience 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 Industrial Bank of Korea is running and its propensity to invest more and deepen its relationship with Temenos , KT Corporation , Adobe Systems 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 Industrial Bank of Korea revenues, which have grown to $6.89 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 Industrial Bank of Korea 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.
Industrial Bank of Korea Tech Stack and Enterprise Applications
Industrial Bank of Korea ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Temenos | Legacy | Temenos T24 | Core Banking | ERP Services and Operations | n/a | 2004 | 2006 |
In 2004 Industrial Bank of Korea went live on Temenos T24, completing a two-year implementation project. The deployment used Temenos CoreBanking as the primary Core Banking platform for IBK, and the project was executed jointly by IBM Korea and IBK operational teams.
The implementation focused on core account processing and transaction processing capabilities common to Core Banking deployments, including retail account management, deposit and loan processing, and payments posting workflows. Temenos T24 was configured to support high-throughput transaction volumes, aligning system design with IBK's scale of 15 million active accounts and an average of 10 million ATM and cash dispenser transactions per day.
Operational coverage was national, with Temenos T24 provisioning core services across 391 branches and integration with the bank's 2,358 ATMs and cash dispensers to service roughly 10 million customers. The architecture and channel integrations were intended to unify branch, ATM, and central processing for consistent posting and customer servicing across Korea.
Governance and rollout followed a multi-year program model with joint implementation ownership by IBM Korea and IBK, culminating in the 2004 go-live. The system now operates as IBK's centralized Core Banking platform, managing branch operations, account lifecycle, transaction clearing, and day-to-day core processing at scale.
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Core Banking | ERP Services and Operations |
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2004 | 2004 |
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Industrial Bank of Korea Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| KT Corporation | Legacy | GiGA Chain Blockchain | Blockchain Platform | Blockchain | n/a | 2019 | 2019 |
In 2019, Industrial Bank of Korea deployed GiGA Chain Blockchain, a Blockchain Platform, in collaboration with vendor KT Corporation to pilot a blockchain-based foreign currency exchange and unmanned exchange reservation service. The engagement focused on instrumenting distributed ledger capabilities to support customer reservations via smartphone app and PC, linked to unmanned cash exchange kiosks operated by Bellsoft.
The implementation emphasized transaction ledgering and an integrated monitoring capability to detect double transactions, corrupted data and counterfeit money related malfunctions. GiGA Chain Blockchain was configured to process and record reservation to withdrawal workflows, and to synchronize transaction state between the reservation front end and kiosk dispensing events, reflecting standard Blockchain Platform functional terminology such as immutable transaction records, consensus based state validation and audit logging.
Architecturally the deployment routed transaction data between Industrial Bank of Korea main network systems and Bellsoft unmanned kiosks through KT Corporation's blockchain platform layer, enabling secure transfer and verification of transaction events. Operational coverage for the pilot included kiosks at airports, bus terminals, hotels and shopping malls, with the solution staged for testing in IBK's technology demonstration laboratory prior to commercialization planned for 2020, demonstrating a clear Company GiGA Chain Blockchain Blockchain Platform Business Function alignment around foreign exchange and unmanned cash services.
Governance for the pilot centered on monitored transaction processing and platform level controls to prevent double spends and data corruption, with rollout sequencing managed through IBK's technology demonstration lab. The stated outcome from the pilot was a faster and more secure transaction service enabled by the monitoring system and blockchain based transaction validation.
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Industrial Bank of Korea CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Adobe Systems | Legacy | Adobe Experience Cloud | Customer Experience | CRM | n/a | 2020 | 2020 |
In 2020 Industrial Bank of Korea deployed Adobe Experience Cloud on its public website to consolidate digital experience management. The work targets Customer Experience across the bank's online channels, positioning Adobe Experience Cloud as the primary platform for web-based customer engagement and digital service delivery.
The implementation emphasizes content management, web analytics, real-time personalization and campaign orchestration capabilities commonly associated with Adobe Experience Cloud, enabling centralized authoring and targeted experience delivery on the site. Configurations typically include a mix of client side tagging and server side delivery for experience rendering and analytics collection, consistent with enterprise web deployments of Customer Experience platforms.
Operational coverage centers on the corporate website and supports marketing, digital channels and customer service functions, with governance around editorial workflows, tagging taxonomy and consent management to maintain compliance and consistent experiences. Operational ownership is positioned within the bank's digital experience and marketing operations teams, with formalized content approval and campaign control processes embedded in the Adobe Experience Cloud implementation.
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Customer Experience | CRM |
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2016 | 2016 |
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Tag Management | CRM |
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2020 | 2020 |
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Industrial Bank of Korea PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Robotic Process Automation | PaaS |
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2019 | 2019 |
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Industrial Bank of Korea CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Secure Sockets Layer (SSL) | CyberSecurity |
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2016 | 2016 |
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IT Decision Makers and Key Stakeholders at Industrial Bank of Korea
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Industrial Bank of Korea Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Industrial Bank of Korea IT executives and key decision makers. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Industrial Bank of Korea digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
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FAQ - APPS RUN THE WORLD Industrial Bank of Korea Technographics
Industrial Bank of Korea is a Banking and Financial Services organization based in South Korea,
with around 12495 employees and annual revenues of $6.89 billion.
Industrial Bank of Korea operates a diverse technology stack with applications such as
Temenos T24, GiGA Chain Blockchain and Adobe Experience Cloud,
covering areas like Core Banking, Blockchain Platform and Customer Experience.
Industrial Bank of Korea has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Temenos, KT Corporation and Adobe Systems.
Industrial Bank of Korea recently adopted applications including
Adobe Experience Cloud in 2020, Google Tag Manager in 2020 and GiGA Chain Blockchain in 2019,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Industrial Bank of Korea’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Industrial Bank of Korea’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 Industrial Bank of Korea technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.