Kronos Incorporated Overview
Company Headquarters: US
Founded: 1977
Workforce: ~7,000
Company Working: Kronos Incorporated is a global provider of workforce management solutions and human capital management cloud solution. The solution offered by the company caters to the need of healthcare, education, government agencies, retail, manufacturing, banking, and distribution agencies, among other verticals. It helps enterprises of all sizes to manage their workforce or human capital efficiently. According to the company, it serves more than 40 million people in over 1000 countries. The workforce management solution offered by the company includes various features like time and attendance management, employee scheduling, absence management, and analytics. The human capital management solution includes talent acquisition, onboarding, talent management, and payroll management. Some of the key suites offered by the company include the Workforce Dimensions Suite, Workforce Ready Suite, and Workforce Central Suite.
Strategy
Kronos Incorporated is focused on making continuous investments in new technology for product enhancements. In 2017, the company enhanced the capabilities of its HCM solution, by introducing various modules, namely, workforce-ready talent acquisition and workforce-ready performance management. The company also focuses on increasing its customer base. For the same, it has partnered/collaborated with several technologies’ companies like SAP SE, Facebook Inc., IBM Corporation. This collaboration has given the company access to a large number of potential customers of the workforce management solution. In the year 2016, the company had more than 20,000 customers (organizations) using the Kronos cloud platform. These strategies have helped the company increase its year on year revenue and strengthen its market presence.
