Seoul, 5551,
South Korea
Lotte E&C Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Lotte E&C and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 3568 Lotte E&C employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Lotte E&C has purchased the following applications: LENCIS 4.0 ERP for ERP Financial in 2019, Microsoft Teams for Audio Video and Web Conferencing in 2018, Google Analytics 360 for Marketing Analytics in 2019 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Lotte E&C is running and its propensity to invest more and deepen its relationship with In-House Applications , Microsoft , Google 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 Lotte E&C revenues, which have grown to $500.0 million 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 Lotte E&C 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 |
|---|---|---|---|---|---|---|---|---|
| In-House Applications | Legacy | LENCIS 4.0 ERP | ERP Financial | ERP Financial Management | n/a | 2019 | 2019 |
In 2019, Lotte E&C implemented its in-house LENCIS 4.0 ERP to consolidate finance, HR, procurement and project-management processes across the company in South Korea. The deployment went live in March 2019 and positioned LENCIS 4.0 ERP within the ERP Financial category as the central transactional and operational control platform for the business.
The implementation encompassed modules for finance, procurement, HR and construction project controls, reflecting LENCIS coverage of 재무, 인사, 조달 and 설계/시공. Functional configuration included core financial accounting and controls, procure to pay workflows, personnel and payroll administration, and project cost control and scheduling capabilities typical of construction-focused ERP Financial systems.
LENCIS 4.0 ERP was deployed as an in-house application and centralized transactional processing across Lotte E&C operations in South Korea, while the upgrade was explicitly intended to support expanded overseas and plant projects. The architecture and deployment model emphasized consolidation of data and processes under a single application instance to reduce process fragmentation across departments.
Governance and process standardization accompanied the rollout, centralizing finance, procurement and project-control workflows under common procedures and approval rules. The program aimed to improve automation and employee efficiency, and to establish a single operational backbone for future overseas and plant project expansion.
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft Teams | Audio Video and Web Conferencing | Collaboration | n/a | 2018 | 2018 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Legacy | Google Analytics 360 | Marketing Analytics | CRM | n/a | 2019 | 2019 |
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Tag Management | CRM |
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2020 | 2020 |
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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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2019 | 2019 |
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