Daou Technology Inc.

Daou Technology Inc. (Korean: 다우기술, KRX: 023590), Republic of Korea, is a public multinational company that specializes in marketing communication and commerce products and services, applications for enterprise, and IDC including IT consulting service. Daou Technology was founded in 1986 by Ik Rae, Kim while he played a leading role in advancement of database management system and web technology by localizing Informix RDBMS software and Netscape web browser for the first time in 1995.

Daou Technology Inc.
(주)다우기술

Type	Public
Traded as	KRX: 023590
Industry	Engineering
Founded	January 9th, 1986; 32 years ago
Founder	Ik Rae, Kim (chairman)
Headquarters	Daou Digital Square 6th floor, 81, Digital valley-ro, Suji-gu, Yongin-si, Gyeonggi-do, Korea
Key people	Youn Duck, Kim (CEO)
Revenue	$181M USD (2017)
Operating income	$20M USD (2017)
Total assets	$705M USD (2017)
Number of employees	469 (2017)
Website	http://www.daou.com/index.php/en http://www.daou.com/

An initial public offering (IPO) took place in Korea Stock Exchange on August 27, 1997, and Daou Technology announced plans to expand its business into the finance industry. In January 2000, the company set up an online stock brokerage service, Kiwoom Securities(Korean: 키움증권, Kiwoom Securities Co., Ltd., KRX: 039490), company's the most notable effort to being the Nation's first online brokerage provider. Daou Technology has been a parent company since Kiwoom securities’ establishment, and possesses 47.7 percent of stake in the ownership of Kiwoom securities as of the end of FY2017.

Entering into 2000, the company focus on software and IT consulting services business for the improvement of profitability as profit margins of hardware business fallen. It has been established the partnerships with global software companies such as IBM, VMware, Citrix, and RedHat providing technical supports which factor in cloud computing, virtualization, open source, and SaaS (software as a service). The company have been merged with Unitel Network which was affiliated company to secured Web Services and supplied services such as PPurio, enFax, Minisum, DaouPay, Unicro, DonutBook, SmartPush and DCSms. In 2010, it was developed SmartProcess which is the company's own CRM service and Team Office, designed for cooperation and communication.

It moved to the company's headquarters in Jukjeon, Yongin, named the Digital Valley in 2010.

The company's rapid growth has triggered a chain of own products, acquisitions, and partnerships. It offers marketing communication products and services (ppurio, biz ppurio, donutbook, enFax, Callmix, Biz mailer), commerce services (SNS Form, Unicro), and enterprise mail product (Terrace Mail). It released IT infrastructure and related outsourcing services (Daou IDC, Daou Cloud) in 2013. It launched Daou Office designed for work and productivity in April 2014.

Youn Duck, Kim was appointed CEO of the company in January 2016. In 2018, it launched online commerce inventory management service (Sabangnet), merging with Korea ASP. It holds 45 percent of market share by sales revenues in domestic multi-channel management market.