Kainos Group plc (GB:KNOS) has released an update.
Kainos Group plc has doubled its Annual Recurring Revenue (ARR) target for its Workday Products business from £100m to £200m by 2030, following an enhanced partnership with Workday, Inc. This strategic collaboration will leverage Workday’s sales teams to co-sell Kainos’ suite of products, which is expected to triple the company’s ARR over the next six years. Despite the anticipated investment costs of £7m for this year, the partnership is forecasted to drive significant revenue growth starting from FY26.
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