[November 10, 2014] |
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SMB Market Spells Big Success for Kronos and the Cloud
LAS VEGAS --(Business Wire)--
Kronos
Incorporated today announced a continued surge in small and midsize
business (SMB) growth with its increased focus on delivering
enterprise-class workforce management solutions to help SMBs around the
world control labor costs, minimize compliance risk, and improve
workforce productivity.
News Facts
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Over the past 12 months1 Kronos (News - Alert) added more than 3,800
organizations to its SMB customer community with combined revenue more
than doubling across Kronos' three SMB product offerings:
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Workforce
Ready, which delivers enterprise-class workforce management
solutions in the cloud to SMBs, has been selected by nearly 850
organizations since its 2012 launch, including more than 300
existing SMB customers that migrated to Workforce Ready.
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Kronos
SaaShr, delivering its leading Software-as-a-Service
(SaaS (News - Alert)) workforce management solutions strictly through the Kronos
SaaShr partner network, has doubled its customer count
since being acquired by Kronos in 2012.
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SMBs that require industry-specific functionality have adopted Workforce
Central SaaS at an increasing rate, as bookings for new SMB
customers tripled in the past three months2 compared to
the same period a yea ago.
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There are now 1 million combined users of Kronos Workforce Ready and
Kronos SaaShr solutions.
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Kronos continues to expand its SMB business internationally, driven
primarily by the availability of Workforce Ready in Belgium, Canada,
Mexico, the Netherlands, the U.K., as well as the U.S.
Supporting Quotes
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Mark Ellis, general manager, small and midsize business, Kronos
"Kronos'
SMB growth has been a tremendous bright spot for our business since we
began refocusing on this segment in 2012. However the most exciting
aspect is that we've only just scratched the surface. SMBs around the
globe need powerful workforce management solutions to effectively
manage their workforces without burdening limited IT resources or
incurring additional administrative costs. By delivering the
industry's leading workforce management solutions in the cloud to our
SMB customers, we can deliver on that promise and help them control
labor costs, minimize compliance risk, and increase workforce
productivity."
Supporting Resources
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This announcement was made from KronosWorks, the world's largest
workforce information exchange. KronosWorks is taking place this week
in Las Vegas.
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See live updates and join the conversation by using #KronosWorks on Twitter.
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Connect with Kronos via Facebook,
Twitter,
Google+,
LinkedIn,
and YouTube.
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Take a look at the lighter side of workforce management in our Time
Well Spent cartoons.
About Kronos Incorporated
Kronos is the global leader in delivering workforce management solutions
in the cloud. Tens of thousands of organizations in more than 100
countries - including more than half of the Fortune 1000® -
use Kronos to control labor costs, minimize compliance risk, and improve
workforce productivity. Learn more about Kronos industry-specific time
and attendance, scheduling, absence management, HR and payroll, hiring,
and labor analytics applications at www.kronos.com.
Kronos: Workforce Innovation That Works™.
© 2014 Kronos Incorporated. All rights reserved. Kronos and the Kronos
logo are registered trademarks and Workforce Innovation That Works is a
trademark of Kronos Incorporated or a related company. See a complete
list of Kronos
trademarks. All other trademarks, if any, are property of their
respective owners.
Footnote 1: Oct. 1, 2013 through Sept. 30, 2014
Footnote 2: July 1, 2014 through Sept. 30, 2014
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