January 26, 2015 8:37 PM ET

Internet Software and Services

Company Overview of Kronos Incorporated

Company Overview

Kronos Incorporated provides workforce management solutions in cloud to businesses, schools, governments, and healthcare providers in the United States and internationally. The company offers time and attendance, scheduling, absence management, human resource and payroll, hiring, and labor analytics applications. It also provides implementation services, educational services, support services, cloud services, and optimization services. The company was founded in 1977 and is based in Chelmsford, Massachusetts.

297 Billerica Road

Chelmsford, MA 01824

United States

Founded in 1977

3,400 Employees





Key Executives for Kronos Incorporated

Founder and Chairman of the Board of Directors
Age: 71
Chief Financial Officer
Age: 50
Chief Services Officer and Senior Vice President of Operations
Age: 44
Vice President and General Counsel
Chief Marketing Officer and Senior Vice President
Age: 55
Compensation as of Fiscal Year 2014.

Kronos Incorporated Key Developments

Kronos Incorporated Announces Financial Results for the First Quarter of Fiscal 2015

Kronos Incorporated announced financial results for the first quarter of fiscal 2015. The company recognized revenue for the first quarter increased to $257.8 million. Earnings before interest, tax, depreciation, and amortization (EBITDA) increased to $82.3 million.

G2G Marketplace Selects Kronos Incorporated as Workforce Management Vendor

Kronos Incorporated has been selected as a workforce management vendor for the G2G Marketplace. The county decided to offer solutions from government partners and approved vendors to government agencies through an online store experience, thereby providing governments with an easy way to research, purchase, and implement technology solutions at a reduced price.

Kronos Incorporated and Axsium Group Launch Global Big Data Solution to Optimize Store Productivity

Kronos Incorporated and Axsium Group have jointly launched a retail store performance plug-in, to add ease and effectiveness to global corporate, store, and field managersâ work days through automated, guided decision-making. Powered by the Kronos Workforce Analytics application, the new plug-in uncovers gaps in important areas that impact customer and employee satisfaction, helping create optimized schedules by balancing working hours, employee availability, and consumer demand. The new store performance plug-in provides a single, powerful tool to help guide and improve decision-making and track performance across the labor planning, scheduling, and staffing continuum. This is done by synthesizing volumes of scheduling, productivity data, and time clock entries against key performance indicators (KPIs) such as employee availability, preferences, skill sets, and consumer demand. As a result, an intuitive role-based dashboard highlights key data and metrics to simplify decision-making and managers gain at-a-glance visibility into how labor is affecting store performance. This helps improve outcomes for the employee, consumer, and the retail business. Each employee persona in retail benefits in unique ways with better data access through the new plug-in. Ultimately, the store performance plug-in helps retailers understand how well store schedule creation is performing from a corporate, store, and field level, while taking into consideration associate preferences. This helps retailers optimize their workforce as a competitive differentiator while further improving employee engagement.

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