Industrial wastewater often contains a number of recalcitrant organic contaminants. These contaminants are hardly degradable by biological wastewater treatment processes, which requires a more powerful treatment method based on chemical oxidation. Advanced oxidation technology (AOT) has been extensively studied for the treatment of nonbiodegradable organics in water and wastewater. Among different AOTs developed up to date, ozonation and the Fenton process are the representative technologies that widely used in the field. Based on the traditional ozonation and the Fenton process, several modified processes have been also developed to accelerate the production of reactive radicals. This article reviews the chemistry of ozonation and the Fenton process as well as the cases of application of these two AOTs to industrial wastewater treatment. In addition, research needs to improve the cost efficiency of ozonation and the Fenton process were discussed.