IT Development

Kharazmi IT Development Company
Established 1997
Capital: IRR 170 billion 
Group Shareholding: 77.3%
Employees: 473

Listed on the Iran Fara Bourse: 2014 

Overview
Kharazmi IT Development Crporation (KIT) designs, implements and supports IT solutions for many of Iran’s largest banking, financial and industrial enterprises. With its own manufacturing and maintenance facility, KIT supplies a range of specialist banking equipment, including POS terminals, check scanners and ATMs. The company also provides IT solutions in the fields of CRM, HR, security and business intelligence. KIT’s strategic objectives include broadening service provision within core markets, and growing its presence in the business intelligence sector and expanding its ITS capabilities to support the government's traffic management objectives.