Kahuna Ends 2021 with Record-Breaking Quarter

Kahuna, the leading skills and competency management company, announced today that it executed a highly successful fourth quarter in 2021, with sales results at 120% of plan, confirming the strong demand for tech-enabled operational skilling initiatives. Among the many customer additions is a Fortune 500 industrial tools and household hardware manufacturer, as well as Fortune 150 multinational energy provider that operates in 15 countries. Fourth-quarter bookings were a new high for Kahuna.

Kahuna's Vice President of Sales and Marketing, Sean Rohde, attributes the growth to investments the Energy and Manufacturing verticals are making in their employees. "Heavy industries across the globe continue to be impacted by the pandemic and the great resignation. The organizations that we work with believe that modernizing the development of their employees and investing in upskilling initiatives will not only limit negative short-term impacts but ensure their workforce is a competitive differentiator down the road." Industry experts are supporting this observation. Josh Bersin, a leader in HR Technology, recently highlighted the importance leading organizations are placing on validated skills and competencies. They've prioritized transparency, signaling to their workforce the roles and skills that are growing in market demand. "We know that training and development are among the top reasons employees cite for staying with a company, so providing your workers with the skills they need increases engagement and fosters a culture of continuous learning."

Kahuna is the leader in operational skills and competency management across heavy industries like Energy, Manufacturing, Healthcare, and Field Service. Kahuna provides a cloud-based software platform that focuses on the curation, assignment, assessment, and development of employee skills at the operational role level and in the flow of work. Integrating with customers' existing technology stack is a key tenant to unlocking value for Kahuna's customers. Making systems like Workday, ServiceMax, Kronos and Taleo, "Skills Aware" with validated data allows organizations to recruit, onboard, manage and develop their workforce more efficiently and effectively. Kahuna's data model brings a new level of sophistication to scheduling, dispatching, and training the workforce.

"We see great momentum from our primary verticals as organizations execute on the other side of the pandemic. Our customers see Kahuna as an enabler of change from the status quo," said Jai Shah, CEO and Co-Founder of Kahuna. "The last quarter was a fantastic way to end 2021. We look forward to building on this momentum in helping organizations meet the incredible challenges facing the workforce today."

About Kahuna Workforce Solutions

Kahuna Workforce Solutions is transforming competency management and workforce planning. Our flagship Kahuna platform helps organizations gain an objective view of their workforce's capabilities, measure talent supply against current and future demand, and maximize the return on training investment. Kahuna is used in a wide array of industries including oil and gas, healthcare, manufacturing, construction, and aerospace. For information visit www.kahunaworkforce.com.