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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.
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.
Companies requiring workers to return to the office include Amazon, Apple, and BlackRock. View a list of RTO mandates across business and tech.
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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 company that provides cloud-based financial management, human capital management, and student information system software. Founded in 2005 by former PeopleSoft executives, it went public in 2012 and has over 18,000 employees and 310 customers worldwide.
Aron Ain, chairman of the Ultimate Kronos Group (UKG) [97] Beny Alagem (1953–), Israeli-American co-founder of Packard Bell, owner of the Beverly Hilton hotel [98] Kobi Alexander (1952–), Israeli-American co-founder of Comverse Technology [99]