Kainos harnesses three engines for growth - article on Tech Market View

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 £30 million (with PBT margins of 11%), up from £25.4 million the year before and £17 million 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. Read the full article on TechMarketView.