Kinaxis

Last updated
Kinaxis Inc.
Company type Public
Industry IT services
Founded1984;42 years ago (1984)
FoundersDuncan Klett [1] [2] , Dr. D. Michael Caughey and John Peacock [3]
Headquarters3199 Palladium Drive
Ottawa, Ontario
K2T 0N9
Area served
Worldwide
Key people
  • Razat Gaurav (CEO)
  • Mark Morgan (President Commercial Operations)
  • Blaine Fitzgerald (Chief Financial Officer)
  • Megan Paterson (Chief Operating Officer)
  • Andrew Bell (Chief Product Officer)
  • Michael Mauger (Chief Customer Success Officer)
  • Jamie Hollingworth (Chief Legal Officer and Corporate Secretary)
ServicesSupply Chain Management Supply Chain Orchestration
RevenueIncrease2.svg US$483 million (2024) [4]
Website www.kinaxis.com

Kinaxis Inc. is an enterprise software company that provides cloud-based supply chain orchestration software to global manufacturers and distributors. Its platform supports concurrent planning, scenario analysis, and decision making across supply chain functions including demand, supply, inventory, and sales and operations planning. [5]

Contents

The company is based in the Kanata district of Ottawa, Ontario, 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, [6] Dr. D. Michael Caughey and John Peacock [3] as Cadence Computer Corporation [7] and went public in June 2014. [8] On January 8, 2026, Kinaxis announced Razat Gaurav as its new CEO. [9]

Business

Kinaxis provides supply-chain-management software on a subscription basis, primarily to large, multinational companies. Customers include Ford, Cisco, Qualcomm, and Avaya. [10] As of 2025, Kinaxis has over 400 customers, including some of the largest companies in the world. [11] Kinaxis also provides related professional services. Contracts typically run for two to five years. [12]

Kinaxis’ primary product is Kinaxis Maestro, a cloud-based platform designed for concurrent supply chain planning and orchestration. [13] Kinaxis maintains a partner ecosystem that includes global systems integrators and consulting firms, including Deloitte and Accenture, which implement and extend the Kinaxis platform for enterprise customers. [12] [14] Competitors in the supply chain management software industry include SAP SE and Blue Yonder. [15]

Technology

Kinaxis’ software platform is built on a concurrent architecture that enables multiple supply chain processes to operate simultaneously on a shared data model, rather than through sequential handoffs. [16] This design allows changes in areas such as demand, supply, inventory, or production to propagate across the system in near real time, supporting faster and more coordinated decision making in complex, multi-tier supply chains. [17]

The platform supports large-scale scenario modeling, allowing organizations to simulate and compare alternative responses to demand shifts, supply constraints, and policy or operational decisions before execution. These capabilities are used to evaluate trade-offs across functions and time horizons within a single, integrated environment. [17]

Beginning in 2025, Kinaxis expanded the platform with artificial intelligence–based agents, referred to as Maestro Agents, to support continuous monitoring, exception detection, and scenario-driven decision support. [18] These agents are designed to operate within defined business rules and governance controls, augmenting human decision-makers by identifying issues, generating recommendations, and assisting with the evaluation of alternative courses of action as conditions change. [19]

History

Kinaxis was founded in 1984 as Cadence Computer Corporation by three former Mitel engineers, [20] Dr. D. Michael Caughey, John R. Peacock and Duncan Klett, to conduct supply chain analysis using custom mainframe computers. [3] The name was later changed to Carp Systems International (after the nearby Carp River), then Enterprise Planning Systems. [12] In the mid 1990s, it changed its name to Webplan and shifted from making hardware to providing software. [21]

Recent history

In 2000, it led a venture round that raised $33 million. [20] In 2005, it renamed itself Kinaxis, and started focusing on selling software by subscription, as opposed to collecting a one-time fee. [20] In June 2014, it held an IPO on the Toronto Stock Exchange, raising a total of $100 million. [22] Since then, its market capitalization has increased to $1.7 billion, as of August 2017. [12] In 2022 they acquired MPO, a multi party orchestration platform connecting Supply Chain actors.

In December 2024, Kinaxis Inc. has rejected calls from activist investors to pursue a sale, emphasizing its commitment to creating long-term shareholder value. Daventry Group LP, holding a 1.3% stake in the company, issued a letter urging the board to explore a sale, while Irenic Capital Management LP echoed this sentiment in a separate statement. In response, Kinaxis hired Goldman Sachs for strategic advice and reaffirmed its focus on its current business plan. [23] [24] On January 8, 2026, Kinaxis announced Razat Gaurav as its new CEO. [9]

References

  1. "Kinaxis Inc". www.marketwatch.com. Retrieved 2020-07-02.
  2. "KXSCF - Kinaxis Inc Company Profile - CNNMoney.com". money.cnn.com. Retrieved 2020-07-02.
  3. 1 2 3 "The Three Rules of Business & More: Duncan Klett, Co-founder of Kinaxis". supplychainnow.com. Retrieved 2025-01-06.
  4. Sean Silcoff (31 October 2024). "Kinaxis 'has not closed the door to any path' including sale, chair says". The Globe And Mail.
  5. "Solutions for confident supply chain management". Kinaxis.com. Kinaxis. Retrieved 9 January 2026.
  6. "KXSCF - Kinaxis Inc Company Profile - CNNMoney.com". money.cnn.com. Retrieved 2020-07-02.
  7. Klett, Duncan (21 January 2011). "A short history of Kinaxis. | The Signal: A blog by Kinaxis". blog.kinaxis.com. Retrieved 2017-11-30.
  8. "Supply Chain Management and S&OP Solution Company - Kinaxis Maestro". https://www.kinaxis.com/en/solutions/platform . Retrieved 2017-11-30.{{cite web}}: External link in |website= (help)
  9. 1 2 "Kinaxis Appoints Razat Gaurav as New CEO". Business Wire. January 8, 2026.
  10. "Kinaxis Customers Achieve Operations Performance Breakhroughs with RapidResponse". www.kinaxis.com. Retrieved 2017-11-30.
  11. "KXS - Kinaxis Inc Earnings Call Transcripts | Morningstar". Morningstar, Inc. 2026-01-08. Retrieved 2026-01-09.
  12. 1 2 3 4 Bagnall, James (August 13, 2017). "Kanata's Kinaxis takes a rare hit, but still 'punching giants in the nose'". The Ottawa Citizen.
  13. "Meet Maestro, the AI-powered orchestration platform". kinaxis.com. Retrieved 2025-01-07.
  14. "Find a Partner". kinaxis.com. Retrieved 2025-01-07.
  15. Paradza, Brian (November 8, 2017). "Kinaxis Inc. Shares Rise +14% in 2 Days". The Motley Fool.
  16. "Introducing Maestro: The First AI-Infused Supply Chain O". www.kinaxis.com. 2024-06-18. Retrieved 2026-01-09.
  17. 1 2 "Our technique: concurrency | Kinaxis". www.kinaxis.com. 2018-06-12. Retrieved 2026-01-09.
  18. "Kinaxis Accelerates Agentic Era for Supply Chain Orchest". www.kinaxis.com. 2025-10-17. Retrieved 2026-01-09.
  19. "Reimagine your supply chain workflows with Maest | Kinaxis". www.kinaxis.com. 2025-10-07. Retrieved 2026-01-09.
  20. 1 2 3 Silcoff, Sean. "Ottawa software firm Kinaxis is finally ready for its big moment". The Globe and Mail.
  21. "Webplan changes name to Kinaxis". Supply & Demand Chain Executive. 2005-05-17.
  22. "Kinaxis eyes acquisitions in wake of IPO". Ottawa Business Journal. June 12, 2014. Archived from the original on September 28, 2017. Retrieved December 1, 2017.
  23. Mathieu Dion (18 September 2024). "Kinaxis Deflects Activists' Pressure Seeking Potential Sale". Bloomberg.
  24. Milana Vinn; Svea Herbst-Bayliss (9 September 2024). "Investment firm Daventry Group, in letter, calls on Kinaxis to sell itself". Reuters.