Analyst Firm Positions Kronos(R) in the Leaders Quadrant for U.S. Midmarket HRMS; Magic Quadrant Report Positions Kronos in the Leaders Quadrant Based on Ability to Execute and Completeness of Vision.CHELMSFORD, Mass. -- Leading analyst firm Gartner, Inc. has positioned Kronos(R) Incorporated (Nasdaq: KRON KRON Knowledge Representation Oriented Nets ) in the Leaders quadrant in its "Magic Quadrant The Gartner Magic Quadrant is a proprietary research tool developed by Gartner Inc., a US based research and advisory firm. It is designed to provide an unbiased qualitative analysis of a “markets’ direction, maturity, and participants. for U.S. Mid-market Human Resource Management Systems, 2006". The report positioned 20 vendors in the U.S. HRMS HRMS Human Resource Management System HRMS High Resolution Microwave Survey (SETI, Project Phoenix) HRMS High Resolution Mass Spectroscopy HRMS High Resolution Molecular Spectroscopy HRMS Human Resources Management Specialist mid-market. Vendors were evaluated on ability to execute and success in capitalizing on their vision. The "Magic Quadrant for U.S. Mid-market Human Resource Management Systems, 2006" was written by James Holincheck and Kirsten Recknagel, published Jan. 25, 2006. "We believe Kronos' position in the Magic Quadrant confirms that Kronos has a very strong vision in terms of our HRMS business model, product strategy, and vertical market strategy," said Aron Ain, Kronos chief executive officer. "Considering that the Magic Quadrant is such an objective and extremely rigorous analysis, we are thrilled with Kronos' placement in the Leaders quadrant." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Gartner, leaders are "vendors that are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market." Leaders in the HRMS mid-market are "able to deliver breadth and depth of HRMS functionality, as well as demonstrate a strong vision to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. emerging market trends." Kronos HRMS Kronos HRMS solutions support broad market requirements and have helped organizations such as Cambro Manufacturing, Green Mountain Coffee Roasters Green Mountain Coffee Roasters is a publicly-traded brand of coffee based at Waterbury in the U.S. state of Vermont. The brand specializes in organic, fair-trade, and specialty gourmet coffees. Keurig is wholly owned subsidiary of Green Mountain Coffee Roasters, Inc. , Nebraska Book Company, Palisades Medical Center Palisades Medical Center is a regional hospital in North Bergen, New Jersey. The hospital has approximately 202 beds and serves approximately 350,000 people in Southern Bergen and Hudson counties. , STA Travel STA Travel is the world's largest travel organization for students and young people. Founded in 1979 by acquiring assets from the bankruptcy of AUS Student Travel in Australia including their successful UK company (trading since 1976). , Sunrise Growers, and Texoma Healthcare System to reduce costs while improving productivity, performance, and quality of their diverse workforce. The "Magic Quadrant for U.S. Mid-market HRMS" is available at: www.kronos.com/About/Gartner_HRMSMagicQuadrant.pdf. About the Gartner Magic Quadrant The Magic Quadrant is copyrighted Jan. 25, 2006 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation 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 Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability mer·chant·a·ble adj. Suitable for buying and selling; marketable. mer chant·a·bil or fitness for a particular purpose. About Kronos Incorporated Kronos Incorporated is the most trusted name in workforce management. Kronos helps organizations staff, develop, deploy, track, and reward their workforce, resulting in reduced costs, increased productivity, better decision-making, improved employee satisfaction, and alignment with organizational objectives. More than 20 million people use a Kronos solution every day. Learn more about Kronos' high-impact enterprise solutions at www.kronos.com. (C) 2006 Kronos Incorporated. Kronos and the Kronos logo are registered trademarks of Kronos Incorporated or a related company. All other product and company names mentioned are used for identification purposes only and may be trademarks of their respective owners. |
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