Kronos, the company that introduced the first micro-processor time clock in the 1970s, knows how tricky workforce management (WFM) can be. In this article, TEC principal analyst P.J. Jakovljevic looks at WFM challenges facing organizations, particularly those with large, complex workforces, and how Kronos’ innovative solutions help companies control labor costs, minimize compliance risk, and improve workforce productivity.
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for payment (i.e., perpetual license, subscription, or rent to own), deployment (i.e., in a customer data center or hosted in secure off-site facility), and system management (i.e., either maintained by the customer or Kronos). Thus, since late 2009 (when the cloud offering was made available), Kronos has acquired nearly 600 single-tenant (private) cloud customers (with Applied Materials , Apple, and Nike as high-profile users of Kronos’ cloud services). The vendor expects to see 60 percent growth in it