Ultimate Software Named a Leader in the 2018 Gartner Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises for Second Consecutive Year

August 21, 2018
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Ultimate Software positioned as Leader based on Ability to Execute and Completeness of Vision


August 21, 2018

Ultimate Software, a leading provider of human capital management (HCM) solutions in the cloud, announced today that it has been positioned by Gartner, Inc. as a Leader in the Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises for the second consecutive year, based on Gartner’s evaluation criteria of ability to execute and completeness of vision.

Gartner is the world’s leading research and advisory company, and the Gartner Magic Quadrant provides a wide-angle view of the relative positions of the market’s competitors. The criteria considered in this evaluation include ability to execute (product or service, overall viability, sales execution/pricing, market responsiveness/record, marketing execution, customer experience, and operations) and completeness of vision (market understanding, marketing strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation, and geographic strategy).

“UltiPro has been the backbone of our transformation to a high-performance culture, driven by the solution’s people analytics and talent management feature set that give our managers the information and technology they need to be successful,” said Leslie Fisher, senior vice president of human resources and training for Red Roof. “Ultimate’s focus on people aligns with our vision of developing our employees personally and professionally to raise engagement, and to boost each individual’s contribution to our organization. Ultimate Software’s commitment to developing solutions that elevate the entire employee experience will enable us to sustain our leadership in our market.”

“We believe our recognition as a Leader in HCM Suites for Midmarket and Large Enterprises is a strong validation of our market success and our investments in innovative product and service offerings,” said Scott Scherr, CEO, president, and founder of Ultimate. “We pride ourselves on our ability to execute, and we feel that it is a key reason that our customers derive value from their investment in UltiPro year after year. In addition, we continue to develop products that solve our customers’ challenges and enable them to achieve their business goals. While our ‘People First’ philosophy is the force behind our successful product design, it is also the bridge to trusted, lifelong partnerships with our customers.”

Ultimate’s UltiPro cloud solution is built to help organizations achieve better business results with its comprehensive HCM functionality that includes everything from talent acquisition, to payroll, to time management, to business intelligence and artificial intelligence technologies. UltiPro enables executives to better understand employees, predict behavior, and prescribe personalized recommendations to drive change from all relevant HCM data.

Gartner states, “In recognition of the growing adoption of loosely coupled HCM and financial applications, this Magic Quadrant focuses solely on vendors that actively sell and develop cloud HCM suites on a stand-alone basis to midmarket and large enterprises.”