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Ultimate Kronos Group ( 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. The company was founded in April 2020 as a result of the merger of Ultimate Software and Kronos Incorporated. [3]
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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 released its first version of software in 1993.
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Workforce management provides a common set of performance-based tools and software to support corporate management, front-line supervisors, store managers and workers across manufacturing, distribution, transportation, and retail operations. It is sometimes referred to as HRM systems, or Workforce asset management, or part of ERP systems.
UKG has more than 12,000 employees worldwide, and an enterprise value of $22 billion. On June 1, 2022, UKG announced Ain would transition to UKG Executive Chair, effective July 1, 2022. Chris Todd, current President at UKG, will replace Ain as CEO. Affiliations [ edit] Ain serves on the board of trustees of his alma mater, Hamilton College. [16]
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