Volvo joins automakers such as Toyota and Nissan using the Kinaxis solution, and marks a major sale in the European market, where the firm just finished a hiring spree for new sales staff.
Kinaxis shares sank Thursday morning despite CEO John Sicard championing the “predictability” of the Ottawa firm’s growth.
Though 88% of Kinaxis’ revenues in 2017 were from North American customers, the firm has indicated a desire to further expand operations internationally.
Revenues for this past year were US$133 million, up from US$116 million in 2016.
Japanese auto giant will use Kanata firm's supply chain management software.
A breakdown of who was up and who was down during Ottawa earnings week.
Kinaxis CEO John Sicard was recognized as the overall winner in EY's Entrepreneur Of The Year 2017 Ontario program.
Kinaxis is one of those companies that demonstrates the resilience of Ottawa’s tech sector.
Q2 revenues up 14% to $32.9M
Ottawa’s Kinaxis has added a major automaker to its client portfolio in a deal that executives are framing as a long-term partnership.