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UKG is an American multinational technology company with dual headquarters in Lowell, Massachusetts, and Weston, Florida. It provides workforce management and human resource management services. History
A ransomware attack striking one of the largest human resources companies could impact how employees get paid, clock in for work and track paid time off. HR management company Ultimate Kronos ...
Kronos Incorporated corporate headquarters in Lowell, MA. Kronos was founded in 1977 by Massachusetts Institute of Technology (MIT) and Simon Business School alumnus Mark S. Ain. [5] Under Mark Ain's leadership, Kronos sustained one of the longest records of growth and profitability as a public company in software industry history.
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.
The merger was completed on April 1, 2020. The company is named Ultimate Kronos Group. [8] [9] History. Ultimate Software was founded in 1990 by Scott Scherr.
UKG, the successor company of Ultimate Software delivers former PeopleDoc technology as part of their suite of solutions. [2] In 2014, it was named a "Cool Vendor in Human Capital Management" by consulting firm Gartner. [3] Its customers include American Express, Fast Retailing, Georgetown University, Match.com, Starbucks and Motorola. [4]
UKG (Ultimate Kronos Group) is an American multinational technology company. UKG may also stand for: UK garage, a British genre of electronic dance music; Umagang Kay Ganda, a defunct Filipino morning news show; UK Government, Government of the United Kingdom
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