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UKG is a multinational technology company that provides workforce management and human resource management services. It was formed in 2020 by the merger of Ultimate Software and Kronos Incorporated, and has acquired several other companies since then.
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.
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.
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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.
PeopleDoc was a French company that provided a cloud-based human resources service delivery and document management platform. It was acquired by Ultimate Software in 2018 and its solutions are now part of UKG's suite of products.
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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