Kainos

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Kainos Group plc
Company type Public
Industry Computer software
IT services
IT consulting
Founded Belfast, Northern Ireland (14 April 1986) [1]
HeadquartersKainos, 4-6 Upper Crescent, Belfast, Northern Ireland, BT7 1NT
Key people
Tom Burnet (chairman) [2]
Brendan Mooney (CEO) [3]
RevenueIncrease2.svg £382.4 million (2024) [4]
Increase2.svg £60.8 million (2024) [4]
Increase2.svg £48.7 million (2024) [4]
Website www.kainos.com

Kainos Group plc (commonly referred to simply as Kainos or Kainos Software) is a digital technology company headquartered in Belfast, Northern Ireland that develops information technology for businesses and organisations. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [5] [6] The company has three divisions – Digital Services, Workday Services, and Workday Products.  

Contents

History

1986 to 2009

Kainos was founded as a joint venture between Fujitsu and The Queen's University of Belfast business incubation unit (QUBIS Ltd) on 14 April 1986. [7] [8] In January 1987, the company began trading in the QUBIS building on Malone Road, Belfast and Kainos founder, Frank Graham, was appointed managing director. [9]

A spin-off company of Kainos was established in 1994 called Lagan Technologies, which grew to become a software supplier into local government in the UK and the US. It was eventually acquired by U.S. based Kana Software in 2010. [10]

By 1997, due to the expansion of the company, Kainos relocated and opened offices in Mount Charles, Belfast, and opened its main headquarters in Upper Crescent, Belfast. [11]

Historical logo used by Kainos in the mid-2000s. Kainos Historical Logo.png
Historical logo used by Kainos in the mid-2000s.

After several years of business, in which Fujitsu was its main customer, the company sold most of its stake to ACT Venture capital in 2000. [12] ACT Venture capital later divested its shareholding in Kainos. [13]

In September 2004, Kainos entered into a partnership agreement with Mediasurface, the UK's largest content management provider. [14] The following year, Kainos entered into another partnership agreement in 2005 with TIBCO, a provider of infrastructure software. [15]

In 2007, a wholly owned subsidiary of Kainos called SpeechStorm was established, providing automated products for call centres, including touch tone, SMS, speech and visual IVR. [16] [17] That same year, management in Kainos bought out Fujitsu's remaining 20% shares. [12]

2010 to present

Kainos expanded its operations and opened a research office in Silicon Valley on 18 October 2010. [18]

On 19 November 2014, Kainos announced its plans to expand the Evolve Electronic Medical Records platform into Ireland. [19]

On 10 July 2015, Kainos was admitted to the main market of the London Stock Exchange, trading as Kainos Group plc. [5] [6]

As part of an extension of its US operation, in June 2020, Kainos announced plans to create 133 jobs in Indianapolis. The plans included expenditure of £650,000 to build new facilities in the area, marking the first venture into the US Midwest. [20]

Kainos bought a property on Dublin Road in Belfast in 2019 and received planning approval to build 250,000 ft2 of office space there. However, in light of the rapid expansion of flexible work during the Covid-19 pandemic, it sold 60% of that site, and committed instead to building 75,000 ft2 over 12 storeys, of which it would occupy four and lease out seven to third-party tenants via its subsidiary, Bankmore Investments. Completion was planned for 2027. [21]

Kainos announced in March 2024 that it would lay off 190 of its 3,000 staff. [22]

On 19 September 2025, Kainos announced that it was acquiring Davis Pier, a consulting firm based in Halifax, Nova Scotia, employing 120 people. [23]

Operations

Kainos has been a Workday implementation partner since 2011, providing management, integration, support and testing services for the Workday SaaS product. [24]

Kainos is a leading provider of artificial intelligence services, delivering AI and data projects across public, healthcare, and commercial sectors. As the fifth-largest AI supplier to the UK public sector since 2018, Kainos has delivered more than £61 million in data and AI contracts and employs over 250 AI professionals. [25] In 2025, Kainos was appointed by the UK Ministry of Defence to develop and maintain its cloud-based defence and analytics system. [26]

See also

References

  1. "Kainos Software Limited Profile". DueDil Limited. Retrieved 15 November 2013.
  2. "Thomas James Wardlaw Burnet "Tom"". Bloomberg. Retrieved 15 January 2021.
  3. "Brendan Mooney". Bloomberg. Retrieved 11 December 2024.
  4. 1 2 3 "Results for year ended 31 March 2024" (PDF). Kainos. Retrieved 10 February 2025.
  5. 1 2 "Belfast IT firm Kainos to float on London Stock Exchange". BBC News. 7 July 2015. Retrieved 12 July 2015.
  6. 1 2 "Top IT firm Kainos to go public with £161m deal". The Belfast Telegraph. 8 July 2015. Retrieved 12 July 2015.
  7. "Case Study – Kainos, History of QUBIS Ltd spin out company Kainos Software Ltd". QUBIS Ltd. Archived from the original on 24 September 2019. Retrieved 15 November 2013.
  8. "Biggest ever Japanese Investment in Northern Ireland announced by Fujitsu". Fujitsu Limited. 3 February 2000. Retrieved 15 November 2013.
  9. "Using Queen's to grow Kainos". Belfast Newsletter. 19 May 2008. Retrieved 22 February 2014.
  10. "Kainos IT firm eyes up Europe and the US". The Belfast Telegraph. 11 July 2013. Retrieved 16 November 2013.
  11. "Case Study – Kainos Software Limited" (PDF). Vision Solutions. Retrieved 15 November 2013.[ permanent dead link ]
  12. 1 2 "Award wins, spin-off companies and global success for Kainos". The Belfast Telegraph. 8 December 2009. Retrieved 15 November 2013.
  13. "ACT Venture Capital Portfolio – Kainos". ACT Venture Capital Limited. Archived from the original on 2 January 2014. Retrieved 16 November 2013.
  14. "Mediasurface announces new partner signing with Kainos". Cimtech Limited. September 2004. Retrieved 16 November 2013.
  15. "Paul McQuaid, Kainos". Silicon Republic. Retrieved 16 November 2013.
  16. "Speechstorm Ltd Portfolio". Crescent Capital NI Ltd. Retrieved 16 November 2013.
  17. "Kainos spins off speech business". Post Publications Ltd. 11 June 2007. Archived from the original on 28 January 2016. Retrieved 16 November 2013.
  18. "Silicon Valley 50 Complete Magazine – Spring/Summer 2011" (PDF). Irish Technology Leadership Group. Archived from the original (PDF) on 12 November 2013. Retrieved 15 November 2013.
  19. "Healthcare professional to spearhead Kainos campaign expansion". NI Business Now. 19 November 2014. Retrieved 24 June 2015.[ permanent dead link ]
  20. "Kainos to create 133 jobs in first expansion into US Midwest". The Irish News. 30 June 2020. Retrieved 30 June 2020.
  21. "MSN". www.msn.com. Retrieved 31 October 2025.
  22. "Kainos: Belfast IT firm to make 190 staff redundant". www.bbc.com. 4 March 2025. Retrieved 31 October 2025.
  23. Media, Insider (19 September 2025). "Kainos strikes deal for Canadian consultancy - Insider Media". Insider Media Ltd. Retrieved 31 October 2025.
  24. "Workday Services partners – Kainos". Workday, Inc. Archived from the original on 1 July 2014. Retrieved 26 July 2014.
  25. "Full Year Results FY25" (PDF). Kainos. 2025. Retrieved 27 May 2025.
  26. "Why UK's MoD is Investing £50m in AI and Data Analytics". Technology Magazine. 23 May 2025. Retrieved 27 May 2025.