Kronos® Given "Strong Positive" Rating in Leading Analyst Firm's Retail MarketScope Report
Receives highest possible rating in time and labor report
CHELMSFORD, Mass, Dec. 18, 2006 — Leading analyst firm Gartner, Inc. has rated Kronos® Incorporated (Nasdaq: KRON) the highest possible rating — a "Strong Positive" — in its retail time and labor report. Gartner considers companies receiving a "Strong Positive" rating to be "solid providers of strategic products, services, or solutions" and recommends that existing customers "continue investments" while potential customers "consider the vendor a strong strategic choice". The "MarketScope for Retail Time and Labor Applications, 2006" was written by Gale Daikoku and Jim Holincheck and published on December 7, 2006.
"We are pleased to be recognized by Gartner with the highest possible rating on the retail MarketScope report. Our commitment to delivering innovative solutions, and the deep domain expertise and experience of our professional services organization, enables us to consistently deliver business value to our customers and maintain our market leadership," said Aron Ain, chief executive officer at Kronos. "As the only complete, end-to-end solution for hiring the best workforce and managing it most effectively, Kronos for Retail is empowering retailers around the world to differentiate themselves based on the quality of the in-store customer experience."
The MarketScope report also states that, "industry investment continues to grow as Web-based solutions mature and leading retailers use workforce optimization technology to improve store productivity."
Kronos for Retail values associates as asset rather than expense
With Kronos for Retail, retailers can more effectively compete for customer loyalty by managing their workforce as a strategic asset rather than just their largest variable expense. This allows retailers to experience greater levels of employee retention, which ultimately translates into improved productivity and superior customer service. While many retailers struggle with high levels of employee turnover, spiraling labor costs, and inconsistent store execution, best practice organizations are finding that workforce management technology is the agent of change.
Retailers are discovering that they can win the war for talent — and market share — by using Kronos for Retail to optimize planning, hiring, allocation, execution, and analysis at store level. From finding and hiring the best candidates for their business to providing optimized schedules that take employee work/life preferences into consideration to empowering managers with dashboard driven analytics that enable them to effectively manage store productivity and compliance, retailers are discovering that Kronos for Retail is allowing them to break away from the pack.
To access the retail MarketScope report, visit: http://www.kronos.com/About/Gartner-Retail-Marketscope-06.pdf.
About the Gartner MarketScope
The MarketScope is copyrighted December 7, 2006 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation 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 MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Kronos Incorporated
Kronos Incorporated empowers organizations around the world to effectively manage their workforce. At Kronos, we are experts who are solely focused on delivering software and services that enable organizations to reduce costs, increase productivity, improve employee satisfaction, and ultimately enhance the level of service they provide. Kronos serves customers in more than 50 countries through its network of offices, subsidiaries, and distributors. Widely recognized as a market and thought leader in managing the workforce, Kronos has unrivaled reach with more than 30 million people using a Kronos solution every day. Learn more about Kronos at www.kronos.com.
