Belfast-Based Kainos To Invest £8m In R&D Project

Belfast-based software company Kainos is to invest £8 million in the research and development of its automated testing platform, Kainos Smart™.

Invest Northern Ireland has offered £2.4m in R&D support towards the project.

Kainos Smart is designed exclusively for use with US based software vendor, Workday's cloud-based HR and financial management software. The R&D project is aimed at building the company's reputation in global software solutions.

Brendan Mooney, Chief Executive Officer of Kainos, said: "Our clients are using Kainos Smart™ to significantly reduce the amount of time and effort required to test their Workday configurations, while simultaneously increasing test coverage, reducing risk and freeing up key staff to work on higher value activities.

"Some clients have reduced their hands-on testing effort by over 80 per cent. This means they can realise the business benefits of deploying Workday much faster and take greater advantage of Workday's continuous innovation."

"With the support of Invest NI, we will continue to push the boundaries of what Kainos Smart™ can do, and 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."

Tracy Meharg, Invest NI's Executive Director of Business Solutions, said: "Kainos is an ambitious company which is using research and development to drive the future growth of its business.

"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."

(LM)