| Market Capitalization (Millions $) |
466 |
| Shares
Outstanding (Millions) |
32 |
| Employees |
4,208 |
| Revenues (TTM) (Millions $) |
1,199 |
| Net Income (TTM) (Millions $) |
57 |
| Cash Flow (TTM) (Millions $) |
-43 |
| Capital Exp. (TTM) (Millions $) |
82 |
Business Description
Ultimate Software Group Inc., now renamed as UKG (Ultimate Kronos Group), is a leading provider of cloud-based human capital management (HCM) solutions. It was founded in 1990 by Scott Scherr and is headquartered in Weston, Florida, USA. The companyes products and services are used by more than 6,000 organizations across the globe, providing solutions for human resources, payroll, benefits management, talent management, time and attendance, and more. Its comprehensive suite of HCM solutions is designed to streamline HR operations and improve productivity and efficiency.
Ultimate Software Group is known for its focus on employee experience and its commitment to customer satisfaction. Its solutions offer a personalized, intuitive user experience for employees and managers alike, with features such as self-service portals and mobile access. The company also has a reputation for outstanding customer service, with dedicated support teams and a commitment to listening and responding to customer feedback.
In addition to its HCM solutions, Ultimate Software Group is also known for its culture and values. The company has been recognized as a Great Place to Work for several years, and is known for its commitment to diversity, equity, and inclusion. It also operates with a strong focus on corporate social responsibility, with initiatives such as its "People First" charitable giving program.
Ultimate Software Group has received numerous industry accolades for its products and services, including recognition as a Leader in the Gartner Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises. It has also been recognized as a leader in employee engagement and satisfaction, with high marks in the annual Fortune Best Companies to Work For survey.
In 2020, Ultimate Software Group merged with Kronos Incorporated to form UKG, combining the two companiese expertise in HCM and workforce management. The new company is focused on delivering innovative solutions that help organizations manage their people more effectively, while continuing to uphold its commitment to employee experience and customer satisfaction.
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