▁ 2 0 1 6 , ▁ 8 5 % ▁of ▁re venue ▁was ▁from ▁US ▁customers , ▁ 4 % ▁from ▁Canadian ▁customers , ▁ 8 % ▁from ▁Asian ▁customers , ▁and ▁the ▁rest ▁from ▁European ▁customers . ▁ ▁Compet itors ▁in ▁the ▁supply ▁chain ▁management ▁software ▁industry ▁include ▁S AP ▁SE ▁and ▁J DA ▁Software . ▁ ▁In ▁ 2 0 1 7 , ▁a ▁significant ▁customer ▁in ▁Asia ▁stopped ▁pay ing , ▁leading ▁to ▁a ▁ 3 % ▁reduction ▁in ▁re venue ▁for ▁the ▁company . ▁ ▁History ▁ ▁K ina xis ▁was ▁founded ▁in ▁ 1 9 8 4 ▁as ▁Cad ence ▁Computer ▁Corporation , ▁to ▁do ▁supply - chain ▁analysis ▁of ▁using ▁custom ▁main frame ▁computers , ▁by ▁three ▁former ▁Mit el ▁engine ers . ▁ ▁The ▁name ▁was ▁later ▁changed ▁to ▁Car p ▁Systems ▁International ▁( after ▁the ▁nearby ▁Car p ▁River ), ▁then ▁Enter prise ▁Pl anning ▁Systems . ▁ ▁In ▁the ▁mid ▁ 1 9 9 0 s , ▁it ▁changed ▁its ▁name ▁to ▁Web plan , ▁and ▁shift ed ▁from ▁making ▁hardware ▁to ▁providing ▁software . ▁ ▁Rec ent ▁history ▁ ▁In ▁ 2 0 0 0 , ▁it ▁led ▁a ▁vent ure ▁round ▁that ▁raised ▁$ 3 3 ▁million . ▁ ▁In ▁ 2 0 0 5 , ▁it ▁renamed ▁itself ▁K ina xis , ▁and ▁started ▁foc using ▁on ▁s elling ▁software ▁by ▁subscription , ▁as ▁opposed ▁to ▁collect ing ▁a ▁one - time ▁fee . ▁ ▁In ▁June ▁ 2 0