Kainos has been recognised as a top 50 Winning Company at the Megabuyte 50 Awards 2015.
News of this accolade comes very fittingly following the week Kainos welcomed funding to help expansion to the tune of 403 new staff – average salaries for these new roles will be £30k. As the technology sector’s leading provider of corporate and financial intelligence on 1,500 public and private companies across Europe, the Megabuyte awards recognise and rate the best performing privately owned Technology Companies.
This independent recognition is a great indicator that Kainos is going from strength to strength. The Megabuyte50 awards identify the 50 best financially performing, privately owned companies in the UK mid-market. The awards differ from other ‘growth’ awards in the superior rigour of their financial analysis and their specific focus on pure-breed technology companies, rather than companies with a peripheral involvement with technology.
Rankings are calculated using ‘The Megabuyte Scorecard’, a proprietary benchmarking methodology developed by the research team at Megabuyte, pooling over 50 years of combined experience assessing the performance of software, IT and telecoms services companies. Megabuyte independent methodology uses seven key measures: two each for growth, margins and cash flow, as well as overall size. These measures are then weighted to provide the optimum balance for mid-market and later-stage companies.
This award is a testament to Kainos’s positive financial outlook and our growth in all sectors. Watch our video about our work in government for more information on what we do.