Since the OP is asking about indentations (which to me is the opposite of a hump) I'm going to guess that this is on the INSIDE of the rim profile (brake side) and not the outside (tire side) where the safety humps reside. Please see the image link below.
Link to image:
INBOARD FLANGE.png
If that is a correct assumption on my part......
The main purpose of the indentation, from my experience, is to reduce weight. It can also provide an area to transition from a thicker wall in the inboard bead seat area (between the flange and the safety hump) to a thinner wall as you travel down the profile towards the outboard flange (towards the the drop well).
The wheels you see that lack this design feature - the machinists probably feel it's faster to machine the wheel without the ID indentation or they've experienced rim failures during pot hole testing and want the added material for more hoop strength to help avoid warranty issues as much as possible.
I've also ran into designs with a hump in that ID area for stick-on wheel weight location purposes - keeps the weights away from the brake as well as far enough from the centerline that they're more effective in balancing the rim. The design of the ID of the rim isn't as crucial as the OD in most instances - just offset from the OD, have enough material in the wall thickness and don't hit the brake caliper and all should be fine given proper metal processing.
Tim Flater
NX Designer
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