Kinaxis: Difference between revisions
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== Business == |
== Business == |
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Kinaxis provides [[supply-chain-management software]] on a subscription basis, primarily to large, multinational companies. Customers include [[Ford Motor Company|Ford]], [[Cisco Systems|Cisco]], [[Qualcomm]], and [[Avaya]].<ref>{{Cite web|url=https://www.kinaxis.com/en/about/kinaxis-customers/|title=Kinaxis Customers Achieve Operations Performance Breakhroughs with RapidResponse|website=www.kinaxis.com|language=en|access-date=2017-11-30}}</ref> They also provide related professional services to their customers. Contracts typically run for two to five years.<ref name=":0" /> Their main product is called '''RapidResponse'''.<ref>{{Cite news|url=http://www.canadianbusiness.com/lists-and-rankings/most-innovative-companies/kinaxis/|title=How Kinaxis harnesses the cloud to tame global supply chains|last=|first=|date=February 29, 2016|work=Canadian Business|access-date=|archive-url=|archive-date=|dead-url=}}</ref> As of 2017, approximately 77% of revenue came from subscriptions, with the remainder from professional services.<ref name=":2" /> Kinaxis also allows other companies, including [[Deloitte]] and [[Bain & Company]], to install Kinaxis software for a percentage of the subscription revenues.<ref name=":0" /> Kinaxis runs two data centers in [[South Korea]] |
Kinaxis provides [[supply-chain-management software]] on a subscription basis, primarily to large, multinational companies. Customers include [[Ford Motor Company|Ford]], [[Cisco Systems|Cisco]], [[Qualcomm]], and [[Avaya]].<ref>{{Cite web|url=https://www.kinaxis.com/en/about/kinaxis-customers/|title=Kinaxis Customers Achieve Operations Performance Breakhroughs with RapidResponse|website=www.kinaxis.com|language=en|access-date=2017-11-30}}</ref> They also provide related professional services to their customers. Contracts typically run for two to five years.<ref name=":0" /> Their main product is called '''RapidResponse'''.<ref>{{Cite news|url=http://www.canadianbusiness.com/lists-and-rankings/most-innovative-companies/kinaxis/|title=How Kinaxis harnesses the cloud to tame global supply chains|last=|first=|date=February 29, 2016|work=Canadian Business|access-date=|archive-url=|archive-date=|dead-url=}}</ref> As of 2017, approximately 77% of revenue came from subscriptions, with the remainder from professional services.<ref name=":2" /> Kinaxis also allows other companies, including [[Deloitte]] and [[Bain & Company]], to install Kinaxis software for a percentage of the subscription revenues.<ref name=":0" /> Kinaxis runs two data centers in [[South Korea]]. It has approximately 100 customers and about 5% of an estimated $4 billion market for software related to supply chain planning.<ref name="Globe">{{Cite web|url=https://www.theglobeandmail.com/business/article-is-kinaxis-a-buying-opportunity/|title=Is Kinaxis a buying opportunity?|last=|first=|date=|website=Globe & Mail|archive-url=|archive-date=|dead-url=|access-date=}}</ref><ref name=":1" /> As of 2016, 85% of revenue was from US customers, 4% from Canadian customers, 8% from Asian customers, and the rest from European customers.<ref name=":2">{{Cite web|url=https://www.kinaxis.com/en/about/investor-relations/financial-reports/|title=Kinaxis 2016 Annual Report|last=|first=|date=|website=Kinaxis Inc.|archive-url=|archive-date=|dead-url=|access-date=}}</ref> Competitors in the supply chain management software industry include [[SAP SE]] and [[JDA Software]].<ref>{{Cite news|url=https://www.fool.ca/2017/11/08/kinaxis-inc-shares-rise-14-in-2-days-could-this-be-a-return-of-share-price-growth-momentum-to-the-stock/|title=Kinaxis Inc. Shares Rise +14% in 2 Days|last=Paradza|first=Brian|date=November 8, 2017|work=The Motley Fool|access-date=|archive-url=|archive-date=|dead-url=}}</ref> In 2017, a significant customer in Asia stopped paying, leading to a 3% reduction in revenue for the company.<ref name=":0" /> |
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== History == |
== History == |
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Revision as of 21:55, 30 January 2019
| File:Kinaxis Logo.png | |
| Company type | Public |
|---|---|
| Industry | IT services |
| Founded | 1984 |
| Founders | Duncan Klett and 2 others |
| Headquarters | 700 Silver Seven Rd Kanata, , |
Area served | Worldwide |
Key people |
|
| Services | Supply Chain Management Sales and Operation Planning |
| Revenue | CAD$156million |
Number of employees | 500 |
| Website | www |
Kinaxis is a supply chain management and sales and operation planning software company based in Ottawa, Canada. It is listed on the Toronto Stock Exchange and is a S&P/TSX Composite Component.
The company was founded in 1984 by Duncan Klett and two others as Cadence Computer Corporation[1] and went public in June 2014.[2] It has 500 employees.[3]
Business
Kinaxis provides supply-chain-management software on a subscription basis, primarily to large, multinational companies. Customers include Ford, Cisco, Qualcomm, and Avaya.[4] They also provide related professional services to their customers. Contracts typically run for two to five years.[3] Their main product is called RapidResponse.[5] As of 2017, approximately 77% of revenue came from subscriptions, with the remainder from professional services.[6] Kinaxis also allows other companies, including Deloitte and Bain & Company, to install Kinaxis software for a percentage of the subscription revenues.[3] Kinaxis runs two data centers in South Korea. It has approximately 100 customers and about 5% of an estimated $4 billion market for software related to supply chain planning.[7][8] As of 2016, 85% of revenue was from US customers, 4% from Canadian customers, 8% from Asian customers, and the rest from European customers.[6] Competitors in the supply chain management software industry include SAP SE and JDA Software.[9] In 2017, a significant customer in Asia stopped paying, leading to a 3% reduction in revenue for the company.[3]
History
Kinaxis was founded in 1984 as Cadence Computer Corporation, to do supply-chain analysis of using custom mainframe computers, by three former Mitel engineers.[8] The name was later changed to Carp Systems International (after the nearby Carp River), then Enterprise Planning Systems.[3] In the mid 1990s, it changed its name to Webplan, and shifted from making hardware to providing software. In 2000, it led a venture round that raised $33 million.[8] In 2005, it renamed itself Kinaxis, and started focusing on selling software by subscription, as opposed to collecting a one-time fee.[8] In June 2014, it held an IPO on the Toronto Stock Exchange, raising a total of $100 million.[10] Since then, its market capitalization has increased to $1.7 billion, as of August 2017.[3]
References
- ^ Klett, Duncan. "A short history of Kinaxis. | The 21st Century Supply Chain". blog.kinaxis.com. Retrieved 2017-11-30.
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ "Supply Chain Management and S&OP Solution Company - Kinaxis RapidResponse". www.kinaxis.com. Retrieved 2017-11-30.
- ^ a b c d e f Bagnall, James (August 13, 2017). "Kanata's Kinaxis takes a rare hit, but still 'punching giants in the nose'". The Ottawa Citizen.
{{cite news}}: Cite has empty unknown parameter:|dead-url=(help) - ^ "Kinaxis Customers Achieve Operations Performance Breakhroughs with RapidResponse". www.kinaxis.com. Retrieved 2017-11-30.
- ^ "How Kinaxis harnesses the cloud to tame global supply chains". Canadian Business. February 29, 2016.
{{cite news}}: Cite has empty unknown parameter:|dead-url=(help) - ^ a b "Kinaxis 2016 Annual Report". Kinaxis Inc.
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ "Is Kinaxis a buying opportunity?". Globe & Mail.
{{cite web}}: Cite has empty unknown parameter:|dead-url=(help) - ^ a b c d Silcoff, Sean. "Ottawa software firm Kinaxis is finally ready for its big moment". The Globe and Mail.
{{cite news}}: Cite has empty unknown parameter:|dead-url=(help) - ^ Paradza, Brian (November 8, 2017). "Kinaxis Inc. Shares Rise +14% in 2 Days". The Motley Fool.
{{cite news}}: Cite has empty unknown parameter:|dead-url=(help) - ^ "Kinaxis eyes acquisitions in wake of IPO". Ottawa Business Journal. June 12, 2014.
{{cite news}}: Cite has empty unknown parameter:|dead-url=(help)