2010-02-10 16:07:13 -

Kronos ® Incorporated : today announced that it ranked as the number one vendor in the Worldwide Workforce Management Applications listing in IDC’s “Worldwide HCM Applications Vendor Shares” report based on 2008 software revenue. Kronos also ranked as a top vendor in the Worldwide eRecruiting listing published in the same report. The report was published in December 2009.



News Facts

- Workforce management – The report states that:

Global strengths: Kronos offers “global capabilities that yield tangible results.”

- Product innovation: “Having built a major HCM franchise, Kronos is aiming higher by becoming the provider of some of the easiest technologies that companies can use to manage their complex workforce.”
- Ease of use: “The attention to maximum usability and customer demand is vintage Kronos, a 32-year-old company that has been on the vanguard of workforce management, transforming government agencies, retailers, manufacturers, hospitals, airlines, and other organizations that need to automate and better manage their staff schedules, time and attendance processes, and a litany of compliance requirements.”

- Financial stability: “Unlike other vendors that have seen a double-digit decline in their revenue because of the downturn, Kronos appears to be holding its ground. With its global coverage and the growing appeal of helping customers reduce personnel and administrative costs, Kronos appears to have fared well in the recession, and it appears to be making all the right moves to capitalize on the eventual recovery.”
- eRecruiting – The report states that:

Momentum in eRecruiting: “Despite the recession, Kronos continued to win customers with its hiring solutions because of its best-of-breed capabilities in addressing their perennial problem of not being able to hire the right people for the right positions at the right time.”
- Key differentiator: “Increased traction in the international market allows Kronos to sell into organizations that demand the use of a standard system that tracks hiring and recruitment. Its selection science methodology continues to be a key differentiator.”
- High volume of applications: “Over the past year, Kronos rolled out its hiring solution to more than 14,500 new locations and processed more than 28 million job applications, equating to more than one application every second.”
- eRecruiting strategy: “With careful planning and determination, Kronos has assembled different pieces needed to excel in the eRecruiting segment. Indeed, Kronos’ eRecruiting strategy has come full circle, mirroring the evolution of the entire organization and becoming a total solution provider that meets the end-to-end workforce management needs of its customers.”

Supporting Quotes

- Aron Ain, chief executive officer, Kronos


“As the global leader in workforce management, we have a steadfast focus on helping organizations control labor costs, minimize compliance risk, and improve workforce productivity. It’s very gratifying to be recognized by IDC for our accomplishments.”


Supporting Resources

- Rankings in the IDC “Worldwide HCM Applications Vendor Shares” report are based on worldwide license, maintenance, and subscription revenue, 2006-2008. The report was written by Albert Pang, Research Director of Enterprise Applications at IDC.


- The full name of IDC’s report is “Worldwide HCM Applications 2008 Vendor Shares: Analysis of 25 Vendors in Core HR, eLearning, eRecruiting, Intelligent Compensation, Performance Management, and Workforce Management,” IDC #221284, December 2009.



About Kronos Incorporated

Kronos is the global leader in workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity. Tens of thousands of organizations in 60 countries — including more than half of the Fortune 1000 ® — use Kronos time and attendance, scheduling, absence management, HR and payroll, hiring, and labor analytics applications. To learn how Kronos uniquely delivers complete automation and high-quality information in an easy-to-use solution, visit www.kronos.com : .

© 2010 Kronos Incorporated. Kronos is a registered trademark of Kronos Incorporated or a related company. All other trademarks are property of their respective owners.



Kronos IncorporatedMichele Glorie, +1-978-947-2855 michele.glorie@kronos.com : mailto:michele.glorie@kronos.com