With a dedicated focus on continuous innovation over the years, Kronos has facilitated a revolution in how organizations manage their workforce. That focus not only empowers our employees, but also powers our success and has helped us become a top place to work. Take a look back at the long history of Kronos time clocks — where our business started. Then read on to learn more about our company milestones and what has inspired our success.
It started with a simple idea from Mark S. Ain: there had to be an easier way to record employee time transactions. With a team of engineers and a hunger for success, his idea came to life with the first patented microprocessor-based time clock. The time clock automatically recorded, totaled, and reported employee hours, transforming an industry that had not seen innovation in many years.
In the late 80's, we completed the first of many dealer acquisitions as the company focused on transitioning to a direct sales channel. With strong success in North America, we began to expand internationally.
To meet the unique needs of our customers, we verticalized our operations in a major go-to-market strategy shift, developing even deeper industry-specific expertise and product functionality.
Kronos disrupted the workforce management industry, yet again. After many years of being a public company, we went private with a renewed focus on innovation and a heavy investment in mobile, cloud-based solutions. Cloud continued to be the fastest growing part of the business with 90 percent of all new customers choosing cloud solutions.
Due to our continued growth and expansion, we announced our world headquarters move to Lowell, Mass. to a building with state-of-the art technology and amenities aimed to inspire employees. We are proud to employ approximately 6,000 “Kronites” in 70 offices and 16 countries around the world. Today, we are recognized by industry analysts as the global leader in workforce management and human capital management.