[August 01, 2017] |
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Leading Analyst Firms Rank Kronos as a Top Human Capital Management Vendor Worldwide Based on Revenue
Kronos
Incorporated today announced that Gartner, Inc. and International
Data Corporation (IDC (News - Alert)), two leading IT research and advisory firms,
recently ranked Kronos as a top human capital management (HCM) vendor.
Long known as the global leader in workforce management, Kronos (News - Alert) is
rapidly expanding its footprint in the HCM market, with recognition from
customers and industry experts.
News Facts
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Gartner (News - Alert) identified Kronos among the top four HCM vendors in the world
based on 2016 market share revenue in the report "Market Snapshot:
Human Capital Management Software, Worldwide, 2017."
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Gartner surveys all major vendor participants within the industry in
these regions: Asia/Pacific, EMEA, Japan, North America, and Latin
America. Market share data is also devised from additional sources
such as published company financial reports and relevant economic data.
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IDC identified Kronos as one of the top five HCM vendors in the world
based on 2016 market share revenue in the report "Worldwide Human
Capital Management and Payroll Applications Market Shares, 2016:
Growth Across the Board."
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IDC used in-depth vendor surveys and analysis to develop detailed 2016
company models by market, geographic region, and operating environment.
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Kronos Workforce Ready, a comprehensive HCM suite, supports the entire
employee lifecycle from pre-hire to retire, including human resources,
talent acquisition, performance management, benefits and compensation,
scheduling, time and attendance, Affordable Care Act (ACA) management,
attestation, and payroll, while also offering an online marketplace
with complementary, integrated services, and applications.
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Workforce Ready was recently honored with a TekTonic Award for
innovative and disruptive technology by HRO Today and received
a Gold ranking in the Cloud Computing/SaaS (News - Alert) category at Network
Products Guide's 2017 IT World Awards.
Supporting Quote
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Bob DelPonte, vice president and general manager, HCM practice
group, Kronos
"Kronos Workforce Ready is rapidly becoming the
preferred choice of human resource professionals who need an intuitive
solution to attract and retain talent, engage the workforce, and
manage the entire employee lifecycle. As the fastest-growing platform
in the HCM market, Workforce Ready surpassed $100 million in revenue
in just five years because customers recognize the tremendous value
offered by combining human resources, workforce managemen, and
payroll into a single, unified platform - allowing HR departments of
all sizes to increase visibility into the workforce to support
real-time, evidence-based decision making."
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Lisa Rowan, research vice president, HR, Talent, and Learning
Strategies, IDC
"Kronos is building tremendous momentum
within the HCM software market and has been investing heavily in its
Workforce Ready product. Workforce Ready has the right combination of
features, simplicity, and price to penetrate the HCM market."
Supporting Resources
About Kronos Incorporated Kronos is a leading provider of
workforce management and human capital management cloud solutions.
Kronos industry-centric workforce applications are purpose-built for
businesses, healthcare providers, educational institutions, and
government agencies of all sizes. Tens of thousands of organizations -
including half of the Fortune 1000® - and more than 40
million people in over 100 countries use Kronos every day. Visit www.kronos.com.
Kronos: Workforce Innovation That Works.
© 2017 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.
Gartner, Market Snapshot: Human Capital Management Software,
Worldwide, 2017, 15 May 2017 IDC, Worldwide Human Capital
Management and Payroll Applications Market Shares, 2016: Growth Across
the Board, June 2017
View source version on businesswire.com: http://www.businesswire.com/news/home/20170801005125/en/
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