Kainos harnesses three engines for growth

Application development and management specialist Kainos is a rare beast. A 26 year-old ‘Little British Battler’ that appears to have come of age very recently, growing rapidly over the last couple of years as it has harnessed new engines for growth, notably in the UK healthcare and public sector markets, as well as its recent partnership with Workday.

Both turnover and staff numbers have almost doubled in the last two years. FY12/13 revenue is expected to be around £30m (with PBT margins of 11%), up from £25.4m the year before and £17m in FY10/11. Kainos now has just over 400 employees, having hired around 100 people in the last year. And if its recruitment plans are anything to go by, the growth is set to continue - the company hopes to hire a further 140 staff this year, primarily in Belfast and Gdansk, Poland, where it has a significant presence.

Eligible TechMarketView subscribers can read more analysis of Kainos in our latest research note - Kainos: Healthcare & Public Sector fuel growth spurt - published this morning. If you don’t yet subscribe to our research streams and you’d like to learn more, check out the Services pages on our website or contact Deborah Seth for details.

Posted by Tola Sargeant at '09:33' - Tagged: results   publicsector   software   health   applications