Sinam
SINAM is a private Azerbaijani ICT company founded in 1994 that delivers 30+ proprietary e-Government and enterprise software platforms—including tax administration, treasury, document management, e-visa, education, GIS, and payment systems—to government ministries, universities, and large enterprises across the Trans-Caspian region.
- Company typePrivate
- Founded1994
- HeadquartersBaku, Azerbaijan
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Sinam does
SINAM Ltd (SINAM MMC) is a private Azerbaijani information and communication technology (ICT) company founded in 1994 and headquartered in Baku, with 150+ employees. The company provides e-Government and digital transformation solutions primarily to government ministries, public agencies, universities, and large enterprises across the Trans-Caspian region. Its portfolio comprises 30+ proprietary products organized as a platform-plus-modules architecture, including the FARABI Government Resource Planning system, SINAM Enterprise Resource Planning, Electronic Document Management, Electronic Signature Solutions, Integrated Tax Administration System (ITAS), Treasury Information Management System (TIMS), Budget Information Management System (BMIS), Pension Fund MIS, E-Visa, E-Governance/Public Service Center (Single Window), Education Management, E-Prescription, Bus Ticketing, Fleet Management, Customs Declarations, IoT Management, Smart Village Management, Video Conferencing (Meetadore), Data Warehouse & BI, Automated Mass Payments, Instant Payment (ANIPAY), and a family of GIS solutions (AGROGIS, SAGIS, GoNav.Az, YURDUM, Street Addressing). Supporting infrastructure products include network solutions, SPBX VoIP telephony, and BEETalker push-to-talk.
SINAM monetizes through three streams: (1) enterprise software licensing of its proprietary platforms on a recurring basis, (2) large-scale government IT projects deployed at ministries and state-owned enterprises, and (3) professional services covering implementation, customization, training, and support. Go-to-market is consultative direct enterprise field sales targeting government and large-enterprise buyers in Azerbaijan and adjacent Trans-Caspian markets, with quote-based, project-specific pricing and extended implementation cycles typical of public-sector deployments. The company is privately held with no disclosed institutional investors and is led by founder Elchin Aliyev. SINAM advertises a presence in "95+ countries" serving "4.3+ billion people," figures that appear inconsistent with a 150-employee Azerbaijan-anchored operation and have not been corroborated by named customer logos beyond the Azerbaijani government and a small set of national universities.
Sinam firmographics
Firmographics- Name
- Sinam
- Legal name
- SINAM Ltd
- Website
- https://sinam.net
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- SINAM is a private Azerbaijani ICT company founded in 1994 that delivers 30+ proprietary e-Government and enterprise software platforms—including tax administration, treasury, document management, e-visa, education, GIS, and payment systems—to government ministries, universities, and large enterprises across the Trans-Caspian region.
- Ownership category
- akta.pro rank
Sinam industry classification
Industry- Product category
- E-Government Software
- NAICS
- Software Publishers (51321), Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)
- akta.pro secondary industries
- Digital Development & ICT4D / GovTech Technical Assistance (BPADAEAL), ITSM Platform Implementation & Administration (ServiceNow/JSM/BMC/etc.) (BPAEAJAC)
Keywords
Where Sinam is headquartered
LocationHeadquarters
- HQ city
- Baku
- HQ country
- Azerbaijan
- HQ region
- Asia
Offices1 record
Markets served
Sinam business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Enterprise Software Licensing: Licensing of proprietary software solutions to government agencies and enterprises including ERP, document management, and specialized government systems
- Government IT Projects: Large-scale e-government transformation projects with government ministries and agencies in Azerbaijan and the Trans-Caspian region
- Professional Services: Implementation, customization, training, and support services for deployed solutions
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Enterprise government and corporate solutions |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Sinam product offering
Product offeringCore offering
SINAM develops, licenses, and implements a proprietary suite of 30+ e-Government and enterprise software platforms for government agencies and large enterprises, including the FARABI Government Resource Planning system, ERP, electronic document management, electronic signatures, integrated tax administration, treasury and budget management, pension fund MIS, e-visa, education management, e-prescription, IoT, smart village management, GIS/AGROGIS/SAGIS, navigation, fleet management, mass and instant payments, customs declarations, video conferencing, and VoIP/network infrastructure. The company combines software licensing with professional implementation and support services for public-sector digital transformation projects.
Product overview
SINAM is a comprehensive portfolio of e-government and enterprise software solutions, operating as a platform-plus-modules architecture with 30+ distinct products spanning government resource planning (FARABI), enterprise resource planning, document management, financial management (treasury, tax, budget, payments), education, healthcare (e-prescription), transportation (bus ticketing, fleet management), IoT, geographic information systems, and telecommunications. Founded in 1994 and headquartered in Azerbaijan, SINAM serves clients across government and private sectors in the Trans-Caspian region. The solutions include ERP, document management systems, e-signature solutions, budget and treasury information management systems, integrated tax administration, pension fund management, education management, IoT platforms, smart village management, video conferencing, data warehousing and BI, mass payment systems, instant payments, customs declarations, and various GIS and navigation solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- SINAM Enterprise Resource Planning
Quantifiable outcome
- Served 4.3+ billion people with government digital transformation solutions
- +1 more outcomes
Companies that use Sinam
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
Sinam technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Sinam partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered notable, minor and core.
- Khazar UniversitynotableHost institution for the 1st International Symposium on Finance, Accounting, Auditing and Digitalization. The symposium focused on finance, accounting, auditing, and digitalization topics.
- Sumgayit State UniversitynotableJointly organized the 1st International Symposium on Finance, Accounting, Auditing and Digitalization. SINAM served as Main Sponsor. The event brought together scholars from more than 30 universities in Turkey and Turkic-speaking countries.
- Bursa Uludağ UniversityminorPartner university in the 1st International Symposium on Finance, Accounting, Auditing and Digitalization. Contributed academic expertise to the event.
- Chamber of Auditors of the Republic of AzerbaijanminorCo-organizer of the 1st International Symposium on Finance, Accounting, Auditing and Digitalization
- Small and Medium Business Development Agency (KOBIA)minorCo-organizer of the 1st International Symposium on Finance, Accounting, Auditing and Digitalization
- Azerbaijan Entrepreneurs Confederation (ASK)minorCo-organizer of the 1st International Symposium on Finance, Accounting, Auditing and Digitalization
- MÜSIAD Azerbaijan Public UnionminorCo-organizer of the 1st International Symposium on Finance, Accounting, Auditing and Digitalization
- Public Oversight, Accounting, and Auditing Standards Authority of the Republic of Türkiye (KGK)minorCo-organizer of the 1st International Symposium on Finance, Accounting, Auditing and Digitalization
- Economic Research and Training CentercoreInitiating organization for the 1st International Symposium on Finance, Accounting, Auditing and Digitalization. The symposium brought together scholars from more than 30 prestigious universities in Turkey and other Turkic-speaking countries.
- Ganja State UniversitynotableSINAM supported the implementation of an electronic library system at Ganja State University. The system operates with support from SINAM LLC and provides digitized library services meeting modern standards.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
Sinam competitors and assessment
Company assessmentDirect peers
- Tyler Technologies: US-listed provider of purpose-built software for the public sector (courts, tax, ERP, GIS, records). Comparable to SINAM as both sell proprietary, workflow-specialized software to government agencies with deep regulatory moats.
- Indra: Spanish IT services and systems integrator with a strong public-sector and government digitalization practice across Europe and Latin America. Comparable to SINAM in selling proprietary e-government and transport solutions to ministries and large public entities.
- Civica: UK-based GovTech specialist providing software for central and local government, health, and education. Directly comparable to SINAM's e-government, education, and healthcare vertical focus with similar mission-critical public-sector deployments.
- NIC Inc (Tyler GovOS): Government digital services and payment processing platform (now part of Tyler Technologies). Directly comparable to SINAM's e-government portal, e-visa, and public-service-center offerings that connect citizens with government transactions online.
Broad incumbents
- Infosys: Global IT services and systems integrator with significant public-sector practice. Comparable in providing government digital transformation at scale, though primarily as a services-led integrator rather than proprietary GovTech software publisher.
- Oracle: Global enterprise software incumbent with government-focused ERP, tax, and analytics offerings (Oracle Cloud E-Business Suite, Oracle Government). A broader competitor to SINAM in the public-sector ERP and tax administration space.
- SAP: Global ERP and government suite incumbent (SAP S/4HANA Public Sector, SAP for Government). Represents both a competitor and a potential partner as governments increasingly demand interoperability with global ERP platforms.
- Tata Consultancy Services (TCS): Global IT services firm with government and public-sector digital transformation practices across multiple geographies. Comparable to SINAM in delivering large-scale e-government modernization projects to ministries.
Emerging players
- Huawei (Public Sector / Smart City): Major ICT vendor with public-sector smart city, IoT, and network infrastructure offerings. Comparable to SINAM's IoT platform, Smart Village offering, and network infrastructure solutions, with strong regional presence in CIS and Central Asia.
- BPC Banking Technologies: Provider of payments and banking software (instant payments, mass payments, card issuing). Comparable to SINAM's Instant Payment System (ANIPay) and Automated System for Mass Payments, representing both overlap and partnership potential.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Sinam social profiles
Digital presenceSinam financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sinam leadership team
Management profileNumber of profiles
Profiles1 record
Sinam funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sinam M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sinam
What does Sinam do?
SINAM develops, licenses, and implements a proprietary suite of 30+ e-Government and enterprise software platforms for government agencies and large enterprises, including the FARABI Government Resource Planning system, ERP, electronic document management, electronic signatures, integrated tax administration, treasury and budget management, pension fund MIS, e-visa, education management, e-prescription, IoT, smart village management, GIS/AGROGIS/SAGIS, navigation, fleet management, mass and instant payments, customs declarations, video conferencing, and VoIP/network infrastructure. The company combines software licensing with professional implementation and support services for public-sector digital transformation projects.
Is Sinam a public or private company?
Sinam is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Sinam founded?
Sinam was founded in 1994. It employs 101 to 250 people.
Where is Sinam based?
Sinam is headquartered in Baku, Azerbaijan, in the Asia region.
How does Sinam make money?
Three revenue lines are on record. Enterprise Software Licensing is the primary driver. The others are government IT Projects and professional Services.
Who are Sinam's main competitors?
Direct peers on record are Tyler Technologies, Indra, Civica and NIC Inc (Tyler GovOS). Broad incumbents are Infosys, Oracle, SAP and Tata Consultancy Services (TCS). Emerging players are Huawei (Public Sector / Smart City) and BPC Banking Technologies.
Does Sinam have an API?
No public API is recorded for Sinam.
What industry is Sinam in?
Sinam's product category is E-Government Software. Its primary akta.pro industry code is HDAEAEAA, Core ERP Suites (Financials, Procurement, Projects), with a secondary code of BPADAEAL, Digital Development & ICT4D / GovTech Technical Assistance. Its NAICS code is 51321 and its SIC code is 7372.