Kainos Joins Forces With IntuitiveTEK

Kainos Deepens Existing Expertise in Adaptive Insights Business Planning Cloud

Belfast, UK, 2nd March 2020 - Kainos, a leading UK-based provider of digital services and platforms, today announced the acquisition of Intuitive Technologies LLC ('IntuitiveTEK'), a trusted advisor in the areas of financial consolidation, budgeting, planning, forecasting, reporting and accounting solutions.

IntuitiveTEK is a leading North American partner to Adaptive Insights, a Workday company powering a new generation of business planning. Workday helps businesses better plan, execute and analyze across the enterprise in one system.

Founded in 2010 and headquartered in Denver, Colorado, IntuitiveTEK has a workforce of 38 and has completed more than 500 Adaptive Insights projects, with an aggregate of more than 150 years of dedicated Adaptive Insights consulting resources team experience. IntuitiveTEK was one of the first companies to start an Adaptive Insights partnership that focuses exclusively on selling Adaptive Insights solutions, and has been awarded Adaptive Insights North American Top Partner on five occasions.

Following the purchases of Formulate and Implexa at the end of 2019, which extended Kainos' Adaptive Insights capabilities in the UK and European markets, the acquisition of IntuitiveTEK makes Kainos one of the largest Adaptive Insights practices globally. The addition of IntuitiveTEK will also enable Kainos to accelerate the growth of its North America practice.

Kainos is a leading Workday partner with more than 300 customers worldwide and operations in 15 countries. This acquisition reflects Kainos' ambition to change the way the world lives and works by helping customers to drive business planning and digital transformation by leveraging Workday's leading suite of applications in finance, HR and business planning.

Commenting on the acquisition Brendan Mooney, CEO, Kainos, said:

'I am delighted to welcome the IntuitiveTEK team to Kainos, and into our ever-expanding Workday practice. The team's expertise, excellent reputation, and passion for building strong customer relationships aligns with our business, and we look forward to having them on board. As a leading Workday partner, we see this acquisition as an important step to deepen our expertise in Adaptive Insights Business Planning Cloud in the United States, where we continue to see growing demand from clients in modernizing their planning and financial management processes.'

Malachy Smith, Workday Global Practice Leader, Kainos, added:

'Kainos has been a leading Workday partner since 2011 and joining forces with IntuitiveTEK is another example of our continued commitment to expand our expertise in order to serve our customers. This partnership brings together our growing track record of deploying Workday Financial Management with deep knowledge across business planning, ensuring we are a go-to partner for customers in this key market.'

Brian Storrs, Founder and President, IntuitiveTEK, added:

'From the start, we saw the incredible benefits of the Adaptive Insights Business Planning Cloud and as Adaptive Insights has grown, so have we. I am incredibly proud of all we have achieved to date and am excited for the next stage in our journey. The coming together of IntuitiveTEK and Kainos is a powerful combination for our customers and I am looking forward to partnering with Brendan, Malachy and the team.'

For further information, please contact workdayinfo@kainos.com