Kanoo IT, Bahrain’s leading information technology services company and a subsidiary of Ebrahim K. Kanoo, won the Digital Innovations in Client Services at the Inaugural Bahrain edition of the Smart SMB Summit & Awards.

The theme of the event was ‘Digital Transformation’, attracting C-level executives who play key roles in leading and facilitating digital transformation initiatives in their various organizations.

Kanoo IT was recognized for developing and rolling out an Electronic Initial Public Offering (eIPO) software for Bahrain Clear; a wholly owned subsidiary of Bahrain Bourse. Offering a range of services including transactions depository, clearing, settlement, central registry and registration, the eIPO platform was launched by Bahrain Clear in conjunction with the Initial Public Offering (IPO) of APM Terminals Bahrain. It allowed investors to complete their subscription in APM Terminal Bahrain’s IPO through the online platform to provide a seamless and convenient mechanism for IPO subscription applications.

Highlighting the importance of the award Director at Ebrahim K. Kanoo; Mr. Waleed Kanoo, commented, “We at Kanoo IT are proud to receive this award from the prestigious Smart SMB team and are proud of the work that was done on behalf of Bahrain Bourse. This award reiterates our commitment to provide our clients with the best software and support services to meet their needs.

It also goes to show that the teams at Kanoo IT, through the K Business Suite portfolio, are capable of providing our clients with even the most multifaceted requests and find the optimal solutions to further grow their business.”

The K Business Suite is a product that aims to help businesses keep up with a rapidly evolving technological world by customizing and tailoring mobile, cloud, and BI-compatible platforms bundled together. These platforms include K-Business Process Management, an engine to automate processes and achieve set targets; K-Asset Tracking System, which can scan and edit data with any Android smart device without the need for barcode scanners; K-meeting system to manage tasks, actions, and documents of meetings; K-Correspondence for creating and managing memos; and K-Payment Gateway, which can be integrated with any online payment services provider, and the K-Property Management Software (KPM) which is a holistic real-estate management tool for modern businesses.

Kanoo IT is a division of the Ebrahim K. Kanoo business conglomerate that offers combined expertise in server and storage solutions, network infrastructure solutions, communications solutions, information and data security solutions, and software solutions. Kanoo IT also offers consulting, systems integration and managed services catering to the needs and uniqueness of any business.

For more information on Kanoo IT’s services, please visit KanooIT.com or call 17711722.