CHELMSFORD, Mass., Feb. 2, 2006 - Leading analyst firm Gartner, Inc. has positioned Kronos ® Incorporated (Nasdaq: KRON) in the Leaders quadrant in its "Magic Quadrant for U.S. Mid-market Human Resource Management Systems, 2006". The report positioned 20 vendors in the U.S. HRMS mid-market. Vendors were evaluated on ability to execute and success in capitalizing on their vision. The "Magic Quadrant for U.S. Mid-market Human Resource Management Systems, 2006" was written by James Holincheck and Kirsten Recknagel, published Jan. 25, 2006.
"We believe Kronos' position in the Magic Quadrant confirms that Kronos has a very strong vision in terms of our HRMS business model, product strategy, and vertical market strategy," said Aron Ain, Kronos chief executive officer. "Considering that the Magic Quadrant is such an objective and extremely rigorous analysis, we are thrilled with Kronos' placement in the Leaders quadrant."
According to Gartner, leaders are "vendors that are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market." Leaders in the HRMS mid-market are "able to deliver breadth and depth of HRMS functionality, as well as demonstrate a strong vision to capitalize on emerging market trends".
Kronos HRMS solutions support broad market requirements and have helped organizations such as Cambro Manufacturing, Green Mountain Coffee Roasters, Nebraska Book Company, Palisades Medical Center, STA Travel, Sunrise Growers, and Texoma Healthcare System to reduce costs while improving productivity, performance, and quality of their diverse workforce.
The "Magic Quadrant for U.S. Mid-market HRMS" is available at: www.kronos.com/About/Gartner_HRMSMagicQuadrant.pdf.
The Magic Quadrant is copyrighted Jan. 25, 2006 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product, or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Kronos Incorporated is the most trusted name in workforce management. Kronos helps organizations staff, develop, deploy, track, and reward their workforce, resulting in reduced costs, increased productivity, better decision-making, improved employee satisfaction, and alignment with organizational objectives. More than 20 million people use a Kronos solution every day. Learn more about Kronos' high-impact enterprise solutions www.kronos.com.