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KT&G Corporation Technographics
KT&G Corporation Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by KT&G Corporation and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 4300 KT&G Corporation employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that KT&G Corporation has purchased the following applications: Oracle E-Business Suite for ERP Financial in 2016, Oracle Hyperion for EPM in 2016, Oracle Treasury for Treasury Management in 2016 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems KT&G Corporation is running and its propensity to invest more and deepen its relationship with 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 KT&G Corporation revenues, which have grown to $2.20 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 KT&G Corporation 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.
KT&G Corporation Tech 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 | 2016 | 2016 |
In 2016, KT&G Corporation implemented Oracle E-Business Suite R12 as an ERP Financial solution to centralize group accounting and improve consolidation across 12 affiliates. The project responded to the need to meet IFRS and support consistent GAAP-aligned financial reporting, addressing disparate financial systems that previously hindered reliable group-wide data consolidation and year-end closing processes.
The implementation centered on Oracle E-Business Suite R12 Financials, augmented with Oracle Treasury and Oracle Internet Expenses to manage transactional accounting workflows, and integrated Hyperion Financial Management plus Hyperion Financial Data Quality Management and its adapter for consolidation and data quality. Oracle Financial Analytics Fusion Edition and Oracle Business Intelligence Enterprise Edition Plus were deployed to provide financial analytics and reporting, while the Oracle IFRS-packaged solution standardized processes for year-end closing, disclosure, and fair value evaluation across the group.
Architecturally the program used Oracle SOA Suite and Oracle WebLogic Integration to orchestrate data flows between applications, with Oracle Application Server and an Oracle Database environment running on Oracle Real Application Clusters to support availability and scalability. Hyperion FDM functioned as the data quality and mapping layer feeding HFM for group consolidation, while OBIEE and Oracle Financial Analytics provided the reporting and transparency layer for finance stakeholders.
Governance changes emphasized centralized group accounting processes and standardized financial control points to support international accounting standards. Company leadership reported improved accounting accuracy across the 12 affiliates and increased transparency, noting that the Oracle IFRS-packaged solution enabled KT&G to meet international accounting standards while standardizing group financial processes.
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ERP Financial | ERP Financial Management |
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2016 | 2016 |
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EPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Hyperion | EPM | EPM | n/a | 2016 | 2016 |
In 2016, KT&G Corporation implemented Oracle Hyperion as a central EPM solution to consolidate group accounting and support international reporting standards. The deployment targeted consolidation and statutory reporting across a group of 12 affiliates, aligning the companys financial processes with IFRS requirements and group level GAAP workflows.
The implementation included Oracle Hyperion Financial Management Plus and Hyperion Financial Data Quality Management, together with the Hyperion Financial Data Quality Management Adapter, to enforce data validation, reconciliation and standardized mappings. Front end financial transaction capture and subledger detail remained in Oracle E-Business Suite R12 modules such as Oracle Financials, Oracle Treasury and Oracle Internet Expenses, enabling a clear source to consolidation flow for year end closing, disclosure and fair value evaluation processes.
Integration architecture used an Oracle middleware stack explicitly listed in the program, including Oracle SOA Suite, Oracle WebLogic Integration and Oracle Application Server, with Oracle Database running under Oracle Real Application Clusters for availability and scalability. The Hyperion Financial Data Quality Management Adapter and SOA integration layer were used to ingest, transform and harmonize financial data from E-Business Suite into Oracle Hyperion, while Oracle Financial Analytics Fusion Edition and Oracle Business Intelligence Enterprise Edition Plus provided consolidated reporting and analytics capability.
Governance changes centralized group accounting rules and standardized closing and disclosure workflows across affected business units, with process orchestration to enforce consistent account mapping and consolidation schedules. KT&G reported improved accounting accuracy in 12 affiliates and stated that the Oracle IFRS packaged solution allowed standardization of group financial processes, enabling compliance with international accounting standards and enhanced transparency across the business.
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TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Treasury | Treasury Management | TRM | n/a | 2016 | 2016 |
In 2016, KT&G Corporation deployed Oracle Treasury to centralize treasury operations and support group accounting standardization, using the application within the Treasury Management category. The implementation targeted 12 affiliates and was explicitly tied to meeting IFRS requirements and improving accounting accuracy for group consolidation.
Oracle Treasury was configured alongside Oracle E-Business Suite R12 and Oracle Financials to provide core treasury capabilities, including cash management, payments processing, bank account management, deal management, and cash forecasting consistent with Treasury Management functionality. The project also aligned Oracle Internet Expenses to streamline expense flows into the consolidated financial record, and standard accounting processes such as year end closing, disclosure, and fair value evaluation were formalized as part of the configuration.
The deployment architecture integrated Oracle Treasury with a broader Oracle stack, including Hyperion Financial Management and Hyperion Financial Data Quality Management for consolidation and data quality, Oracle Financial Analytics Fusion Edition and Oracle Business Intelligence Enterprise Edition for reporting, and Oracle SOA Suite with Oracle WebLogic Integration for interfaces. The environment ran on Oracle Database with Oracle Real Application Clusters and leveraged Oracle Application Server components to support scalability and reliability across the group.
Governance changes focused on standardizing group accounting workflows and centralizing consolidation controls, ensuring consistent disclosure and IFRS alignment across KT&G affiliates. The implementation delivered improved accounting accuracy in 12 affiliates and enhanced transparency across the business, enabling KT&G to meet international reporting standards according to the company statement.
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IT Decision Makers and Key Stakeholders at KT&G Corporation
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Apps Being Evaluated by KT&G Corporation Executives
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