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Market Move - Kronos and Ultimate merge - Lots of potential and migration ahead

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Holger Mueller
Holger Mueller

A one slide summary as the merger between Kronos and Ultimate Software unfolds... as of February 20th 2020.

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© 2010-2020HMCC & ConstellationResearch,Inc. All rights reserved. 1Find a tweet Wakelet here - #KronUltiMerge Market Move – Kronos & Ultimate Merge MyPOV: If it was a race, Kronos out product developed Ultimate. H&F no longer willing to double CAPEX for R&D. Much more synergies down the road then now mentioned. Expect 1 suite in 2-3 years. The long rumored, merger of Hellman & Friedman properties has happened on 2/20/2020 (someone has a knack for dates here). Key Takeaways • Kronos CEO Aron Ain to lead combination, HQs remain in place • Investment ambitions – 3k+ employees to add, 6B+ revenue target • No direct change in product portfolio, Kronos to replace Infor 4 WfM • Product leadership across three leaders for Kronos Dimensions (Welsh), Ready (Del Ponte) and Ultimate (Machado).

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Market Move - Kronos and Ultimate merge - Lots of potential and migration ahead

  • 1. © 2010-2020HMCC & ConstellationResearch,Inc. All rights reserved. 1Find a tweet Wakelet here - #KronUltiMerge Market Move – Kronos & Ultimate Merge MyPOV: If it was a race, Kronos out product developed Ultimate. H&F no longer willing to double CAPEX for R&D. Much more synergies down the road then now mentioned. Expect 1 suite in 2-3 years. The long rumored, merger of Hellman & Friedman properties has happened on 2/20/2020 (someone has a knack for dates here). Key Takeaways • Kronos CEO Aron Ain to lead combination, HQs remain in place • Investment ambitions – 3k+ employees to add, 6B+ revenue target • No direct change in product portfolio, Kronos to replace Infor 4 WfM • Product leadership across three leaders for Kronos Dimensions (Welsh), Ready (Del Ponte) and Ultimate (Machado).