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Following the merger of Ultimate Software and Kronos Incorporated, the Ultimate Kronos Group was established in April 2020.According to Society for Human Resource Management, the new company became one of the largest HR technology vendors in the highly competitive economy section that includes ADP, Ceridian, Taleo, Successfactors, and Workday.
Ultimate Software was an American multinational technology company that developed and sold UltiPro, a cloud-based human capital management (HCM) software system for businesses. Headquartered in Weston, Florida , the company was founded in 1990 by Scott Scherr, and it released its first version of software in 1993.
Revenue. $1.433 billion (2019) [1] Owner. Hellman & Friedman. Number of employees. 6,000 (2019) [2] Website. www.kronos.com. Kronos Incorporated was an American multinational workforce management and human capital management cloud provider headquartered in Lowell, Massachusetts, United States, which employed more than 6,000 people worldwide.
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PeopleDoc was a cloud-based human resources service delivery and document management platform that was founded in France. In 2018, it was acquired by Ultimate Software for approximately $300 million. [1] UKG, the successor company of Ultimate Software delivers former PeopleDoc technology as part of their suite of solutions.
Workday, Inc., is an American on‑demand (cloud-based) financial management, human capital management, and student information system software vendor. Workday was founded by David Duffield, founder and former CEO of ERP company PeopleSoft, along with former PeopleSoft chief strategist Aneel Bhusri, following Oracle's acquisition of PeopleSoft in 2005.
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