BELFAST-based IT giant Kainos is investing £8 million in a new research and development project to help grow its global business.
The major investment will support the continued research and development of the company’s automated testing platform, Kainos Smart, designed exclusively for use with US based software vendor, Workday. The platform works with the US firm's cloud-based HR and financial management software. It is hoped the investment will help build Kainos' reputation in global software solutions.
CEO of Kainos, Brendan Mooney said the investment will help "push the boundaries" of what Kainos Smart can do
"We are already exploring how cutting-edge artificial intelligence and machine learning technologies can help businesses gain faster and clearer insight into their ever-increasing Security, HR, Payroll and Financial datasets contained in Workday,” he said.
Invest NI has offered Kainos £2.4m of R&D support towards the project and executive director of business solutions, Tracy Meharg praised the "ambitious company".
“With its second major investment in R&D in the past year, the company is pursuing emerging opportunities in the artificial intelligence and machine learning areas. Our support is enabling Kainos to introduce advanced technologies which will help it ensure a strong future for its business."
“One of the reasons for Kainos’ rapid growth over the past ten years is its intense focus on R&D and the expansion of its product portfolio. Diversification is key to growing globally, and engaging in R&D activity is helping Kainos deliver intelligent solutions that will have a positive impact on its business’ needs and the needs of its customers," she added.
