- Workday and Kainos expand their strategic partnership.
- The collaboration focuses on developing and distributing apps through Workday’s Built on Workday platform.
- Kainos will offer its products—Kainos Smart Test, Kainos Smart Audit, and Kainos Employee Document Management—on Workday Marketplace.
- These Kainos products aim to enhance automation and scalability for Workday customers.
- The partnership includes incentives for Workday’s sales teams to promote and co-sell Kainos products.
- Kainos anticipates the partnership will significantly increase its annual recurring revenue.
- Workday Marketplace will now feature Kainos’ solutions, demonstrating adherence to Workday’s Responsible AI Governance Framework.
Main AI News:
Workday, Inc., a prominent provider of enterprise solutions for managing people and finances, has announced an expanded strategic partnership with Kainos Group plc, a global leader in digital technology. This expanded collaboration aims to advance the development and distribution of purpose-built applications for Workday customers through the Built on Workday platform.
Launched by Workday in June 2024, Built on Workday is designed to facilitate the creation, launch, and centralized management of applications on the Workday platform. This initiative offers partners a streamlined path to accelerate and scale their app development efforts, addressing the evolving needs of customers across various industries and regions.
Under this expanded partnership, Kainos will provide Workday customers with direct access to its advanced products: Kainos Smart Test, Kainos Smart Audit, and Kainos Employee Document Management. These applications, now available on Workday Marketplace, are poised to enhance the automation and scalability of Workday operations and maintenance. By integrating these solutions, customers can maximize their use of the Workday platform while benefiting from streamlined operations.
The partnership also includes a strategic initiative to boost the distribution of Kainos’ products. Workday’s sales teams across North America, Europe, and Asia Pacific will be incentivized to introduce and co-sell Kainos’ solutions, broadening their reach to a larger customer base.
Malachy Smith, Workday Global Practice Leader at Kainos, remarked, “Over the past decade, we have developed and launched exceptional products that, in conjunction with Workday, help our customers navigate their industry and business challenges. This transformative innovation agreement allows us to co-sell our products with Workday, which we anticipate will more than triple our annual recurring revenue over the next six years.“
Doug Robinson, co-president of Workday, highlighted the significance of the partnership, stating, “This strategic expansion marks an exciting milestone in our relationship with Kainos and reflects our shared commitment to customer success, co-innovation, and the Built on Workday program. By working together to accelerate app development and distribution, we aim to help our joint customers derive even greater value from their Workday investments, ensuring they stay ahead in a rapidly evolving work environment.“
Kainos’ innovative applications will now be prominently featured on Workday Marketplace, which showcases curated AI solutions that adhere to the Workday Responsible AI Governance Framework. This listing will enhance the visibility of Kainos’ offerings to Workday customers worldwide.
Conclusion:
The expanded partnership between Workday and Kainos signifies a strategic move to enhance the development and distribution of specialized applications on the Workday platform. By leveraging Kainos’ innovative products and integrating them into Workday Marketplace, the alliance aims to offer greater value to customers through improved automation and scalability. This collaboration is likely to drive increased market penetration for both companies, potentially elevating their competitive edge in the enterprise software space. As a result, Workday and Kainos are positioned to benefit from heightened visibility and expanded customer reach, contributing to their growth and long-term success in a rapidly evolving market.
