Kinaxis Inc. is a supply chain management and sales and operation planning software company based in Ottawa, Ontario. 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 and two others as Cadence Computer Corporation and went public in June 2014. It has 500 employees.
Kinaxis provides supply-chain-management software on a subscription basis, primarily to large, multinational companies. Customers include Ford, Cisco, Qualcomm, and Avaya.
They also provide related professional services to their customers. Contracts typically run for two to five years. Their main product is called RapidResponse. As of 2017, approximately 77% of revenue came from subscriptions, with the remainder from professional services.
Kinaxis also allows other companies, including Deloitte and Bain & Company, to install Kinaxis software for a percentage of the subscription revenues. Kinaxis runs two data centers in South Korea. It has approximately 100 customers and about 5% of an estimated $4 billion market for software related to supply chain planning.
As of 2016, 85% of revenue was from US customers, 4% from Canadian customers, 8% from Asian customers, and the rest from European customers.
Competitors in the supply chain management software industry include SAP SE and JDA Software. In 2017, a significant customer in Asia stopped paying, leading to a 3% reduction in revenue for the company.
Traded as: TSX: KXS; S&P/TSX Composite Component
Industry: IT services
Founded: 1984; 37 years ago
Founders: Duncan Klett
Headquarters: 700 Silver Seven Rd Kanata, Ottawa, Ontario, Canada
Services: Supply Chain Management Sales and Operation Planning
Website: www.kinaxis.com
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