November 19, 2024
Kainos strengthens presence in Ontario with expansion of Toronto office
Source:
Belfast-based IT provider set to triple headcount in Toronto, Ontario
TORONTO, Ontario, December 4, 2023 – Invest Ontario today announced its support for Kainos, a leading digital technology solutions provider, as the company embarks on a substantial expansion of its office in Toronto, Ontario to meet the growing demand for digital transformation across North America.
The UK-headquartered company aims to triple its Toronto headcount from 100 to more than 300 employees over the next three years with a new office space, further cementing the Toronto office’s role as a core hub of Kainos’ business in North America.
This strategic move reaffirms the strengths of Ontario’s thriving tech ecosystem and the opportunities it presents to technology companies worldwide, as industries seek to futureproof their operations with digital technologies ranging from artificial intelligence (AI), automation, cloud, Internet of Things (IoT), to cybersecurity.
Kainos’ choice of Toronto and Ontario as their latest destination for expansion is a strong vote of confidence in our world-class tech sector. Kainos is already making positive contributions to Ontario’s tech sector through their Tech Camps and the young talent they develop. We welcome the new energy, growth, and opportunity this investment will deliver to our tech sector.
Vic Fedeli
Minister of Economic Development, Job Creation and Trade
Invest Ontario played an instrumental role in expediting Kainos’ expansion journey, providing advisory services and market intelligence that helped develop the company’s expansion plan. The Agency’s support extended to connecting Kainos with key services offered by different levels of government, while facilitating the company’s access to Ontario’s pipeline of tech talent through collaboration with the academia.
Kainos’ continued success advances Ontario’s sector growth enabling technology companies to thrive. With a combination of talent, R&D capability and competitive costs, Ontario’s tech ecosystem enables IT companies to seize the opportunities ahead as the world embraces digitization.
Trevor Dauphinee
CEO of Invest Ontario
In 2018, Kainos chose to launch its Canadian operations in Toronto, Ontario. Boasting an innovation corridor and one of the largest IT clusters in North America, Ontario is home to more than 22,000 ICT firms with a deep talent pool fuelled by over 65,100 new STEM graduates every year.
The expanded Toronto office is set to create hundreds of highly skilled IT jobs including data architects, software engineers, cloud engineers, project managers, and more.
Kainos’ expansion will not only provide more high value jobs for the Toronto Region’s skilled tech workforce but will also help further integrate innovative technologies across the wide range of industries that make up our region’s business community. We are thrilled to have worked with Kainos on its journey of growth in the Toronto Region’s tech ecosystem.
Stephen Lund
CEO of Toronto Global
Kainos currently operates in 23 countries with more than 3,100 employees around the world, digitally empowering organizations in financial services, insurance, education, healthcare and life sciences, and the public sector. The company offers an array of digital solutions including data and AI, cloud, service and experience design, in addition to a full suite of Workday products and services.
We’re delighted to open our new Toronto office and offer our team a space to collaborate and build connections. Over the next three years we plan to expand our team from 100 to more than 300 talented Toronto area professionals as we serve a growing number of local businesses as well as national and global organizations.
Padraig Callaghan
EVP Americas, Kainos
Going forward, Invest Ontario remains committed to partnering with innovative companies looking to invest and grow in Ontario. Through securing strategic investments that bolster Ontario’s technology sector, Invest Ontario strives to foster innovation and contribute to the province’s long-term economic growth.
For more information about Invest Ontario, please visit www.investontario.ca.
ABOUT INVEST ONTARIO
Invest Ontario is the dedicated agency for investment attraction in the province. We serve as global businesses’ partner and one-window access to Ontario, providing expertise and tailored services throughout their investment journey. With a focus on the advanced manufacturing, life sciences and technology sectors, we are committed to securing strategic investments that create jobs, generate returns to the province and drive Ontario’s long-term economic growth and global competitiveness.
ABOUT KAINOS
Kainos (LSE: KNOS) is a UK-headquartered digital technology provider with expertise across three divisions: Digital Services, Workday Services, and Workday Products.
Digital Services develops and supports custom digital service platforms for public sector, commercial, and healthcare customers. Workday Services specializes in the deployment of Workday, Inc.'s Finance, HR and Planning products to leading organisations across Europe and North America; and Workday Products develops products that complement Workday. Kainos’ Smart product suite, including Smart Test (for automated testing), Smart Audit (for compliance monitoring), and Smart Shield (for data masking), are used by more than 400 customers globally to safeguard their Workday systems.
Kainos employs more than 3,100 people in 23 countries across Europe, Asia, and the Americas. Learn more at www.kainos.com.
Media Contacts
Gabriella Siciliano
Senior Manager, Communications and Marketing, Invest Ontario
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