2020 Outlook Assessment – Kinaxis
Kinaxis is an enterprise software vendor that specializes in providing supply chain planning and execution applications. The company has displayed immense growth in the last year with revenues increasing by 27% from 2018 to 2019. The COVID-19 pandemic has significantly diminished annual business forecasts across all industries, but Kinaxis’s role as a cloud provider of mission critical solutions for companies of all sizes worldwide puts it in a good position to withstand the downturn. Nucleus expects Kinaxis to avoid most long-term economic disruptions and maintain its year-over-year momentum for the rest of 2020.