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UKG is a multinational technology company that provides cloud-based services for workforce management and human resource management. It was formed in 2020 by the merger of Ultimate Software and Kronos Incorporated, and has acquired several other companies since then.
Kronos Incorporated was a software company that provided workforce management and human capital management solutions. It merged with Ultimate Software in 2020 to form Ultimate Kronos Group, and faced a ransomware attack in 2021.
Ultimate Kronos Company, a human resources management company used by several big name brands, corporations and municipalities, was the victim of a ransomware attack on Dec.11. See: The IRS Has...
Steward Health Care is a private health system founded in 2010 by former Caritas Christi CEO Ralph de la Torre. It operates 33 hospitals in the US and has international ventures in Colombia and the Middle East, but filed for bankruptcy in 2024 amid financial issues and legal troubles.
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In 2020, Kronos completed a merger with Ultimate Software to create UKG, [17] and Ain became the chairman and chief executive officer of the combined company. UKG has more than 15,000 employees worldwide, and an enterprise value of $35 billion. On June 1, 2022, UKG announced Ain would transition to UKG Executive Chair, effective July 1, 2022.
Ultimate Software was a private technology company that developed and sold UltiPro, a cloud-based human capital management (HCM) software system. It merged with Kronos Incorporated in 2020 to form Ultimate Kronos Group.
A human resource management system (HRMS) is a software that combines various HR functions, such as payroll, benefits, recruitment, and performance management. Learn about the history, functions, and features of HRMS and how it differs from ERP and HCM systems.
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