Kronos is investing nearly $200 million in R&D to become a force to be reckoned with in the $20-billion-plus HCM software market.
According to Albert Pang from Apps Run the World, Kronos utilized its 2019 Analyst Summit to outline a series of initiatives that could put its enterprise software into the hands of every corporate user around the world. In Pang’s article, Just in Time, Kronos Aims Knockout Punches at HCM App Rivals, he details how most of the initiatives revolve around Kronos® Workforce Dimensions, a cloud-native HCM suite that covers everything from HR, payroll and benefits to time and attendance, employee self-scheduling, labor forecasting, and performance management.
Highlights from the Analyst Summit include how:
- Kronos is assigning 900 engineers, or 15% of its workforce, for developing and enhancing Workforce Dimensions with at least three large feature releases a year.
- Kronos has trained over 500 consultants who can take some 300 Workforce Dimensions implementations into production along with 2,000+ integrations that connect the product to third-party solutions.
- The number of Workforce Dimensions users could exceed 1.5 million by end of 2019.
- In a renewed reseller agreement, SAP will offer Kronos applications including Workforce Dimensions to its 35,000+ ERP and HCM customers.
Download Just in Time, Kronos Aims Knockout Punches at HCM App Rivals today to learn more about how Kronos plans to be a force within the $20-billion-plus HCM software market — and what that might mean for your organization.