Category: Computer & Electronics

Information Builders Predicts Major League Baseball’s 2009 World Series Champion

WebFOCUS RStat’s crunches 40 years of MLB statistics; Congratulations are in order for The Los Angeles Dodgers

NEW YORK, NY (October 12, 2009) –

Following a review of 40 years of baseball statistics (since 1969), Information Builders, the leader in business intelligence (BI) solutions, has predicted the winner of this year’s Major League Baseball World Series.

“Congratulations are in order for The Los Angeles Dodgers; start planning the parade route and stocking up on those party streamers,” said Kevin Quinn, vice president of product marketing at Information Builders. “Although I’m from New York, I’m not a Yankee fan. I’m actually a Met fan, so I’m happy to congratulate a National League team.”

Using key cumulative team statistics such as winning percentage, runs scored, batting average, total extra base hits, earned run average, and fielding percentage, Information Builders was able to predict the Los Angeles Dodgers will defeat the Los Angeles Angels of Anaheim in the 2009 Fall Classic.

To come up with their prediction, Information Builders analyzed 40 years of baseball statistics from all of the teams that made the playoffs. RStat determined which combination of statistics was most significant in determining a winner. The company then created the scoring routine and applied it to the same statistics for the eight teams that made the playoffs this year.

The final predictive model that was used showed that the Dodgers, Angels, and Yankees had the highest probability of winning. Although the probabilities were close, the Dodgers did have a slight edge over the Angels and Yankees. These three were nearly twice as likely to win than the remaining five teams.

“Baseball is a game rooted in statistics, and we thought we’d leverage that, along with America’s interest in baseball, to illustrate the forecasting power of predictive analytics when coupled with a robust business intelligence platform like WebFOCUS,” continued Quinn. “This exercise proves you don’t have to be an expert statistician to capitalize on the benefits of predictive analytics with WebFOCUS RStat; anyone can use the solution to make better informed decisions.”

This is not the first time Information Builders has used its WebFOCUS solution to demonstrate how easy it is to provide non-technical users with access to critical information. In 1999, the company launched statswizard.com, an online portal that allowed Fantasy Baseball enthusiasts to sort, calculate, filter, and visualize baseball stats in hundreds of different ways. The micro site demonstrated how WebFOCUS could provide a view of information to multiple users with consistent performance.

Today’s World Series prediction reveals how businesses (or baseball fans) have the ability to make decisions based on high probability rates and not on gut-feeling alone, as companies have been known to do. With WebFOCUS RStat, every decision-maker at any level within an organization is able to benefit from direct access to predictive modeling applications.
About Information Builders

Information Builders’ award-winning combination of business intelligence and enterprise integration software has been providing innovative solutions to more than 12,000 customers for the past 30 years. WebFOCUS is the world’s most widely utilized business intelligence platform. It provides the security, scalability, and flexibility needed at every level of global extended enterprises. Its simplicity helps create executive, analytical, and operational applications that reach dozens to millions of users. Information Builders’ iWay Software suite provides state of the art, multi-purpose, pre-built integration components that address all SOA , application, data and information management requirements. Its integration adapters have been adopted by the leading software platform providers. Information Builders also offers solutions in the performance management , business activity monitoring , and enterprise search markets. The company’s comprehensive enterprise product offerings give Information Builders’ customers the ability to grow and innovate according to their needs.

Information Builders’ customers include most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,450 people and has more than 350 business partners.

Source: Information Builders

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Kronos Retail Labor Index(TM) Continues to Show Signs of Recovery in U.S. Retail Hiring

Listen to an Audio News Release about the Kronos Retail Labor Index

CHELMSFORD, Mass. (October 07, 2009) –

Kronos® Incorporated today announced the October release of the Kronos Retail Labor Index(TM), a family of metrics and indices that analyze the relationship between the demand and supply sides of the labor market within the U.S. retail sector, and provide a distinct and early indicator of the overall state of the retail sector. The October release includes data through the end of August 2009. The October report is available on the Kronos Retail Labor Index website.
News Facts

* The Kronos Retail Labor Index: (This metric is defined as the percentage of job applications that result in a hiring, normalized within a scale of 0 to 100.) The Kronos Retail Labor Index increased slightly in August to 3.00 percent, up from 2.99 percent in July. This is the highest the Index has been since December of 2008. A level of 3.00 percent means that for every 100 applications received, three hirings occurred.
* Retail Hiring Level: The 68 retailers, representing 27,034 distributed locations across the U.S., who make up the Kronos data sample, recorded 42,861 hirings in August 2009. This is an increase of 2.8 percent from July, and represents the eighth straight monthly increase in the hiring rate.
* Retail Applications Level: The supply of applications increased as well, by 2.1 percent from July, to 1,433,508, representing the eighth straight monthly increase in the application rate.
* Retail Employee Retention Rate: Continuing the trend of increased employee retention, the 60-day retention rate for August 2009 was 4.2 percent higher than it was in August of 2008; however the rate of increase slowed in August for the first time since January 2008.

Supporting Quotes

* Dr. Robert Yerex, Ph.D., chief economist, Kronos
“It was encouraging to see the Kronos Retail Labor Index increase to 3.00 percent in August – up 0.33 percent relative to July. We believe this continued stabilization and tentative recovery in the Index signals the beginning of stabilization in the overall U.S. economy and will be reflected in other measures of the economy in the coming months.”

“The Kronos Retail Labor Index shows great potential for being a leading economic indicator. Recent results from the University of Michigan’s Consumer Sentiment Index and the U.S. Department of Commerce’s report on retail and food services sales levels mirror the changes that the Kronos Retail Labor Index foreshadowed.”

Supporting Resources

* Organizations that use Kronos hiring solutions employ approximately 15 percent of the U.S. consumer retail labor market, providing Kronos with a unique set of data on employee job applications, hirings, and length of service.
* The Kronos Retail Labor Index is released on a monthly basis. Go to www.kronos.com/retail-labor-index to access: the full report; a schedule of upcoming Index release dates; the Index methodology; and downloadable graphics.
* To listen to an Audio News Release about the Kronos Retail Labor Index go to: http://www.kronos.com/Audio/RETAILW3.mp3
* Note to reporters: cite Index findings as “Kronos Retail Labor Index”.

About the Kronos Retail Labor Index

The Kronos Retail Labor Index is a family of metrics and indices that analyze the relationship between the demand and the supply sides of the labor market within the U.S. retail sector. It is derived from a single, unified data set, allowing for statistically appropriate comparisons and time series-based trending analysis. Firms that use Kronos hiring solutions employ approximately 15 percent of the U.S. consumer retail labor market, providing Kronos with a unique set of data on employee job applications, hirings, and length of service. The Kronos Retail Labor Index provides a distinct and early indicator of the health of the retail sector.
About Kronos Incorporated

Kronos is the global leader in workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity. Tens of thousands of organizations in 60 countries — including more than half of the Fortune 1000® — use Kronos time and attendance, scheduling, absence management, HR and payroll, hiring, and labor analytics applications. To learn how Kronos uniquely delivers complete automation and high-quality information in an easy-to-use solution, visit www.kronos.com.

© 2009 Kronos Incorporated. Kronos is a registered trademark and Kronos Retail Labor Index is a trademark of Kronos Incorporated or a related company. All other trademarks are property of their respective owners.

Source: Kronos

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MicroStrategy Offers Free Developer Licenses and Online Training to New OEM Partners

Signed 27 New OEM Partners in 2009

McLean, Va., (October 07, 2009) –

MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced several new initiatives to expand its portfolio of worldwide OEM Partners. OEM Partners use MicroStrategy to augment their own products and solutions by embedding MicroStrategy’s BI Platform for dashboards, reporting, and analysis capabilities. OEM Partners can offer MicroStrategy as part of a packaged software application or a hosted service.

MicroStrategy OEM Partners already receive aggressive discounts when providing licenses to their customers. For the remainder of 2009, MicroStrategy is offering to any new OEM Partner a deeply discounted set of development licenses, as well as free licenses for the sale and support of the OEM solution. In addition, MicroStrategy is making its online developer training available at no cost to new OEM Partners. Finally, in addition to its Named User and CPU pricing models, MicroStrategy has introduced a new Revenue Share commercial model that gives OEM Partners the flexibility to embed MicroStrategy without affecting the commercial models they currently use to price their offerings.

MicroStrategy has signed 27 new OEM Partners since January 2009. These new OEM partners include Apptera (US), ArrowStream (US), Brand.net (US), CCS Software Solutions (Belgium), FreeWheel Media (US), and Profitable Channels Management (Australia).

“FreeWheel was looking for a platform that not only had the features and capabilities of an advanced business intelligence tool, but also the flexibility we required to customize it so that we could adapt it for our own clients’ needs,” said Diya Jolly, Product Director at FreeWheel Media. “MicroStrategy did a great job in determining what we would need and developing a business model that would work for a rapidly growing start-up.”

MicroStrategy’s software provides a single technology platform that can span the continuum of dashboards, reporting, analytics, and exception alerting in a tightly integrated manner. OEM Partners can take advantage of MicroStrategy’s technical capabilities, including:

* A zero-footprint Web-based interface that provides self-service functionality
* Platform independence across browsers, Web servers, application servers, and data sources
* A fully integrated platform with a single metadata layer and central administration
* Capabilities to completely white-label the MicroStrategy interface by using the MicroStrategy Software Development Kit for customization

“With MicroStrategy, OEM Partners can augment their hosted or packaged products and solutions with a fully integrated and easy-to-use business intelligence solution that is completely transparent to their customers,” said Sanju Bansal, MicroStrategy COO. “The flexibility of the MicroStrategy platform enables rapid deployment and fast time-to-value for our OEM partners.”

For more information on MicroStrategy’s OEM Partner program, visit http://www.microstrategy.com/Partners/OEM.

About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.

MicroStrategy, MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com

Source: MicroStrategy

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Saint Michael’s Medical Center Goes Live with Kronos

Saint Michael’s Medical Center, a member of the Catholic Health East system, is live with workforce management solutions from Kronos® Incorporated following a rapid, four-month implementation

CHELMSFORD, Mass. (October 06, 2009) –

Saint Michael’s Medical Center, a member of the Catholic Health East system, is live with workforce management solutions from Kronos® Incorporated following a rapid, four-month implementation. The time and attendance and employee scheduling solutions from Kronos replace partially manual and disparate systems previously used to manage the organization’s 2,300 employees.
News Facts

* Kronos is the workforce management vendor of choice for Catholic Health East, which expedited the software selection process for Saint Michael’s.
* Saint Michael’s previously used various manual processes and a scheduling system from another vendor to manage its workforce. These systems created redundant and error-prone manual processes and did not allow managers visibility into how labor could be utilized optimally for the highest level of patient care.
* By automating the time and attendance process with Kronos, Saint Michael’s is reducing the risk of errors and payroll inflation common to manual processes.
* The employee scheduling application will help Saint Michael’s determine the correct number of employees to cover shifts and the best workers to fill open shifts. The application takes the guesswork out of the process and gives managers the tools they need for an optimized deployment of the workforce.
* Saint Michael’s already used a labor analytics application from Kronos to gain real-time visibility into workforce data, which allowed managers to proactively manage the workforce.
* The Kronos time and attendance, employee scheduling, and labor analytics software, working in tandem with Kronos data collection devices, is helping Saint Michael’s control labor costs, minimize compliance risk, and improve workforce productivity.
* High labor expenses prompted the organization to expedite the Kronos implementation. The quick implementation saved upfront costs including staff hours and deployment expenses, allowing the medical center to achieve immediate ROI.

Supporting Quotes

* Angelo Schittone, vice president and chief information officer, Saint Michael’s Medical Center
“Kronos is an excellent workforce management solution that offers both functionality and ease of use. We view Kronos as a strategic technology partner to help us achieve our operational goals through complete automation of key workforce business processes.”
* Brian Graves, global practice leader of healthcare, Kronos
“Our configurable applications coupled with our skilled staff who adopt best practices learned from thousands of implementations allow us meet aggressive go-live objectives. It is always a pleasure to partner with progressive healthcare organizations such as Saint Michael’s, which are focused on productivity improvement to help deliver the highest level of patient care.”

Supporting Resources

* About Saint Michael’s Medical Center

About Kronos Incorporated

Kronos is the global leader in workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity. Tens of thousands of organizations in 60 countries — including more than half of the Fortune 1000® — use Kronos time and attendance, scheduling, absence management, HR and payroll, hiring, and labor analytics applications. To learn how Kronos uniquely delivers complete automation and high-quality information in an easy-to-use solution, visit www.kronos.com.

© 2009 Kronos Incorporated. Kronos is a registered trademark of Kronos Incorporated or a related company. All other trademarks are property of their respective owners.

Source: Kronos

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Information Builders Named to Software Magazine’s 27th Annual Software 500

Software Magazine Ranks Information Builders as One of the World’s Largest Software Companies

NEW YORK, NY (October 05, 2009) –

Information Builders an independent leader in business intelligence (BI) solutions, today announced its inclusion in Software Magazine’s 27th annual Software 500 ranking of the world’s largest software and services providers. Information Builders was ranked 121, with software revenue of $306 million.

“The 2009 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.3 billion worldwide for 2008, representing 8.8 percent growth from the previous year,” says John P. Desmond, editor of Software Magazine and Softwaremag.com.

“The Software 500 helps CIOs, senior IT managers, and IT staff research and create the short list of business partners,” Desmond says. “It is a quick reference of vendor viability. And the online version to be posted soon at Softwaremag.com is searchable by category, making it what we call the online catalog to enterprise software.”

The Software 500 is a revenue-based ranking, targeting medium to large enterprises, their IT professionals, software developers, and business managers involved in software and services purchasing. Forty-four percent of the 2009 Software 500 companies are privately held.

“The Software 500 represent the best in the industry, and we’re thrilled to be recognized yet again as a leading software provider in the business intelligence space,” said Gerald D. Cohen, president and CEO of Information Builders. “As we’ve continued to grow our company, Information Builders’ focus remains on our customers and helping them achieve their goals.”

The ranking is based on total worldwide software and services revenue for 2008. This includes revenues from software licenses, maintenance and support, training, and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted on Softwaremag.com, as well as from public documents.
About Digital Software Magazine

Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world’s largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
About Information Builders

Information Builders’ award-winning combination of business intelligence and enterprise integration software has been providing innovative solutions to more than 12,000 customers for the past 30 years. WebFOCUS is the world’s most widely utilized business intelligence platform. It provides the security, scalability, and flexibility needed at every level of global extended enterprises. Its simplicity helps create executive, analytical, and operational applications that reach dozens to millions of users. Information Builders’ iWay Software suite provides state of the art, multi-purpose, pre-built integration components that address all SOA, application, data and information management requirements. Its integration adapters have been adopted by the leading software platform providers. Information Builders also offers solutions in the performance management, business activity monitoring, and enterprise search markets. The company’s comprehensive enterprise product offerings give Information Builders’ customers the ability to grow and innovate according to their needs.

Information Builders’ customers include most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,450 people and has more than 350 business partners.

Source: Information Builders

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Magnetek Goes Live on Latest Version of Kronos

Kronos® Incorporated today announced that Magnetek employees in Canada, the U.K., and the U.S. are live on version 6.1 of the Workforce Central® suite

CHICAGO

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HCF Management Live on Latest Version of Kronos

HCF Management Inc., a skilled nursing care and assisted living organization, and a long-standing Kronos® Incorporated customer, has completed its upgrade to version 6.1 of the Kronos Workforce Central® suite

CHICAGO, HR Technology Conference & Exposition (October 01, 2009) –

HCF Management Inc., a skilled nursing care and assisted living organization, and a long-standing Kronos® Incorporated customer, has completed its upgrade to version 6.1 of the Kronos Workforce Central® suite. HCF Management is one of nearly 200 customers to go live on the latest version of Workforce Central in the seven months since the product became available.
News Facts

* HCF Management, an existing user of Kronos time and attendance, employee scheduling, and HR and payroll solutions, upgraded to the latest version of the Kronos workforce management suite to further control labor costs, minimize compliance risk, and improve workforce productivity.
* HCF upgraded because of the new device management tools that lowered its total cost of ownership; enhanced ease-of-use features including new self-service employee scheduling; and advanced reporting capabilities.
* By completely automating critical workforce business processes, Kronos has helped HCF achieve bottom-line and quality-care benefits such as:
o Reduction in overtime from five percent to three percent in numerous facilities.
o Elimination of buddy punching, the costly act of employees punching in for one another.
o Active engagement of employees in the scheduling process to increase manager productivity, improve employee satisfaction, and produce more cost-effective schedules.
o Significant reduction of time – from days to a few minutes per day – that employees and managers spend on workforce business processes.

Supporting Quotes

* Lisa A. Kiel, controller, HCF Management, Inc.
“With Kronos, we have already reduced overtime and managed policies across the board effectively. We are looking forward to the added benefits of the new version, which will further reduce the total cost of ownership of the software, and enable our employees and managers to spend minimal time on processes, and instead focus more on resident care.”
* Brian Graves, global practice leader of healthcare, Kronos
“It is critical for skilled nursing care and assisted living organizations that quality care is never compromised – rather enhanced whenever possible – irrespective of macro-economic conditions. We are committed to helping HCF Management achieve this objective by helping it control its largest controllable expense: labor costs, and optimize its biggest asset: labor.”

Supporting Resources

* About HCF Management Inc.
* Kronos is exhibiting in booth 350 at the HR Technology Conference & Exposition, being held this week in Chicago.

About Kronos Incorporated

Kronos is the global leader in workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity. Tens of thousands of organizations in 60 countries — including more than half of the Fortune 1000® — use Kronos time and attendance, scheduling, absence management, HR and payroll, hiring, and labor analytics applications. To learn how Kronos uniquely delivers complete automation and high-quality information in an easy-to-use solution, visit www.kronos.com.

Source: Kronos

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Ceradyne Inc. Live on Latest Version of Kronos

Ceradyne Inc., a worldwide leader in the development and production of advanced technical ceramics, and a long-standing Kronos® Incorporated customer, has completed its upgrade to version 6.1 of the Kronos Workforce Central® suite

CHICAGO, HR Technology Conference & Exposition (October 01, 2009) –

Ceradyne Inc., a worldwide leader in the development and production of advanced technical ceramics, and a long-standing Kronos® Incorporated customer, has completed its upgrade to version 6.1 of the Kronos Workforce Central® suite. Ceradyne is one of nearly 200 customers to go live on the latest version of Workforce Central in the seven months since the product became available.
News Facts

* An existing user of the Kronos time and attendance and labor activities solutions, Ceradyne upgraded to the latest version of Kronos to collect and manage machine utilization data and related labor and material data together in one integrated solution.
* The new version is enhancing Ceradyne’s lean manufacturing practices while positively impacting employee morale through complete automation of critical workforce business processes, high-quality information, and ease-of-use enhancements.
* Traditionally handled as distinct disciplines, the combined view of reconciled labor and machine utilization enables shop floor managers to identify and resolve bottlenecks in real time, resulting in higher levels of productivity.
* Many existing ERP or MES systems collect and batch machine performance information and provide reporting on the results a week or two later. Ceradyne uses Kronos to fill this gap left by SAP, its ERP vendor.
* Kronos helps Ceradyne control labor costs, minimize compliance risk, and improve workforce productivity by standardizing processes, reconciling labor hours to hours paid, and eliminating buddy punching across locations in China and the U.S.

Supporting Quotes

* Jerry Pellizzon, chief financial officer, Ceradyne
“Kronos continues to be an excellent tool we utilize to improve the efficiency on a real time basis for managing our production groups at many different locations. The key result is that we continue to experience improvement and growth in productivity and the reduction of our costs. Kronos together with our rollout of SAP form an integral information tool that gives our management team the ability to make better and quicker decisions; resulting in growing efficiencies that are demanded by all areas of our business. We welcome the increased capabilities it brings to our business.”
* Mark Nguyen, information technology project manager, Ceradyne
“SAP is good at managing materials, but Kronos is the expert at managing people and can provide accountability regarding where every labor dollar is spent. With Kronos, we don’t experience delays with tracking and recording labor data, which leads to better decision making for HR and senior management. The new resource tracking capability will further improve throughput, labor cost performance, and on-time delivery.”
* Gregg Gordon, senior director of manufacturing industry marketing, Kronos
“Many manufacturers focus on driving out cost through inventory reductions and automating production. But a third resource, the workforce, can also provide an area for improving effectiveness. Through gains in labor utilization, performance and quality, Ceradyne is an example of a progressive manufacturer that controls labor costs and enhances productivity.”

Supporting Resources

* About Ceradyne Inc.
* Kronos is exhibiting in booth 350 at the HR Technology Conference & Exposition, being held this week in Chicago.

About Kronos Incorporated

Kronos is the global leader in workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity. Tens of thousands of organizations in 60 countries — including more than half of the Fortune 1000® — use Kronos time and attendance, scheduling, absence management, HR and payroll, hiring, and labor analytics applications. To learn how Kronos uniquely delivers complete automation and high-quality information in an easy-to-use solution, visit www.kronos.com.

© 2009 Kronos Incorporated. Kronos and Workforce Central are registered trademarks of Kronos Incorporated or a related company. All other trademarks are property of their respective owners.

Source: Kronos

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Kronos

Nurses attest that ease-of-use and advanced functionality offered by Kronos enable delivery of quality care

LOUISVILLE, Ky., ANCC National Magnet Conference (October 01, 2009) –

Healthcare facilities across the world are turning to Kronos® Incorporated to centralize and completely automate the employee scheduling process. Kronos helps organizations attain Magnet® recognition or adopt characteristics of Magnet facilities to create and sustain a superior work environment that attracts and retains a workforce that delivers high-quality care.
News Facts

* Kronos helps more than 600 healthcare facilities completely automate the staffing and scheduling process; accurately create schedules that align labor with anticipated demand; while adhering to all facility and regulatory policies; all of which create an environment that attracts and retains nurses.
* The latest version of the Kronos solution released earlier this year offers enhanced self-service features, which enable employees to better set their schedule preferences, view open shifts, and request to fill open shifts as they become available.
* By actively engaging employees in the scheduling process, the Kronos solution increases manager productivity, improves employee satisfaction, and produces more cost-effective schedules that meet the needs of the organization. These outcomes help reduce supplemental labor costs and decrease overtime, while improving patient care and employee satisfaction.
* The Kronos scheduling solution integrates with other complementary workforce management solutions available within the Kronos suite including time and attendance and labor analytics.
* Several Kronos customers in the U.S. are among the elite group of Magnet-designated facilities including Abington Memorial Hospital, Banner Good Samaritan Medical Center, Poudre Valley Health System, University Health Care System (Georgia), and Virginia Commonwealth University Medical Center.

Supporting Quotes

* Barbara Wadsworth, senior vice president and chief nursing officer, Abington Memorial Hospital
“As a Magnet-designated hospital, AMH embraces the philosophy of collaborative, inclusive decisions that involve nurses in almost every aspect. Although the evaluation team had largely settled on a vendor, we knew it was important to let the nurses weigh in on this matter. We asked them to also score vendors and share their opinions. We’re happy that their judgments aligned well with the opinions of the evaluation team, which was in favor of selecting Kronos.”
* Kathy Baker, director, resource management, Virginia Commonwealth University Medical Center
“At VCU Medical Center, departments can now create a balanced and fair schedule in just a few minutes, instead of the many hours that our previous paper-bound process required. Perceived staffing equity is a major criterion for achieving Magnet status because staffing and clinical outcomes are intricately linked. When it’s time for us to re-apply for Magnet designation, we believe the Kronos scheduling solution will play a key role in our re-designation.”
* Karen Ripper, senior vice president and administrator, chief nursing officer, Martin Memorial Health
“We selected Kronos to have a centralized solution with complete automation and real-time capabilities. Controlling labor costs and boosting staff morale through a fair and consistent system ensures the highest level of productivity, which is essential for quality-care delivery. We also achieved swift ROI with Kronos in just one year and we’re looking forward to more results.”
(Martin Memorial saved $600,000 in overtime costs within one year of the Kronos implementation.)
* Mary Lou Kurilla, nurse manager, Abington Memorial Hospital
“The integration between the Kronos time and attendance and scheduling systems shows on-premises, late in, early out and absences, to allow managers to react to staff status in real time to ensure that the right person is in the right place at the right time for quality patient care.”
* Shirleen Gamonal, nurse manager, Huntsman Cancer Hospital, University of Utah
“The use of the scheduling function in Kronos has been a huge nurse satisfier. It gives staff nurses a chance to make decisions related to their work schedule, which affects their work-life balance. We have been using Kronos scheduling for more than a year for our RNs and they report that they typically get 90 percent of their ideal schedule requests. It has been such a great success that we have recently made the system available to our aides and clerks. The benefits to myself, as a nurse manager, include having more time and being able to make simple adjustments to a schedule to the staff’s liking, rather than starting out with a blank sheet.”
* Sue Marino, director of nursing informatics, Hartford Hospital
“The Kronos upgrade to the new version went smoothly and the transition was very easy for our end users. Our staff members are very pleased with the latest self-service features including the in-house and remote access to their timecards, schedules, and accruals.”
* Angel Schrunk, patient care services staffing specialist, Bay Area Hospital
“The easy access to high-quality information offered by the Kronos scheduling solution allows nurses to quickly and properly fill an open position and use its internal staff more efficiently.”
* Brian Graves, global practice leader of healthcare, Kronos
“An advanced, automated scheduling tool creates optimal staffing levels, enables a greater work/life balance, and fosters fair personnel policies that attract and retain quality staff. These lead nurses to experience lowered stress levels, improved work-life balance, and heightened job satisfaction. We’re extremely pleased with our customers’ continued enthusiasm for our scheduling solution and fast adoption of the new enhancements.”

Supporting Resources

* Kronos is exhibiting in booth 636 at the ANCC National Magnet Conference, being held this week in Louisville, Ky.

About Kronos Incorporated

Kronos is the global leader in workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity. Tens of thousands of organizations in 60 countries — including more than half of the Fortune 1000® — use Kronos time and attendance, scheduling, absence management, HR and payroll, hiring, and labor analytics applications. To learn how Kronos uniquely delivers complete automation and high-quality information in an easy-to-use solution, visit www.kronos.com.

© 2009 Kronos Incorporated. Kronos is a registered trademark of Kronos Incorporated or a related company. All other trademarks are property of their respective owners.

Source: Kronos

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Retailers Achieve Fast Payback with Kronos

From ensuring an optimally scheduled store to selecting the best-fit associates, retailers must make effective workforce decisions. Retailers are increasingly turning to Kronos® Incorporated to control labor costs, minimize compliance risk, and grow revenue. And they are increasingly citing fast pa

CHICAGO (September 30, 2009) –

From ensuring an optimally scheduled store to selecting the best-fit associates, retailers must make effective workforce decisions. Retailers are increasingly turning to Kronos® Incorporated to control labor costs, minimize compliance risk, and grow revenue. And they are increasingly citing fast payback as a result.
News Facts

* Kronos helps retailers automate workforce management business processes such as time and attendance, budgeting, forecasting and scheduling, absence management, human resources and payroll, hiring, and labor analytics.
* Automation of these processes can result in immediate payback and ROI by minimizing payroll inaccuracies, increasing conversion rates and sales, reducing unnecessary overtime, and decreasing employee turnover.
* According to a recent study by AMR Research, retailers reported 3.8 percent of lost sales due to non-optimized labor scheduling, and 3.5 percent decrease in payroll costs as a result of implementing a workforce management solution.
* Using Kronos, a mid-size grocery retailer cut overtime expenses to half, saving $95,000 in one year.
* Using Kronos, a large consumer electronics retailer with more than 1,000 locations and more than 90,000 employees reduced hourly staff churn by 30 percent and reported ROI of $2.5 million in less than 12 months.
* The AMR Research study also notes that the average fine that retailers paid for noncompliance lawsuits in the last 12 months was $250,000. Kronos helps retailers easily comply with federal, state, and union labor regulations through automated and centralized policy administration, local policy application, and detailed audit tracking.
* Kronos works with retailers around the world including Best Buy, Finish Line, and Jamba Juice.

Supporting Quotes

* Robert Notte, vice president of IT, Jamba Juice
“We were looking for efficiencies and savings in labor scheduling. After reviewing our options, we chose Kronos. In less than a year, the workforce management system was rolled out to Jamba’s company locations and we immediately realized improvements in controlling expenses and optimizing processes.”
* Adrian Peace, head of simplification and productivity, Somerfield UK
“With Kronos now holding all employee information including hours worked, availability for work, and skills, we now have complete visibility into the workforce. We rely less on overtime now that absence levels have reduced and can identify when working additional hours will take a colleague into premium overtime payments. Our premium overtime bill has decreased by £2.3 million per year.”
* Nicholas Hess, senior vice president, operations, Dunn-Edwards Paint Stores
“Kronos helps us optimize our most important asset and largest controllable expense – labor. With Kronos, we are able to optimize store scheduling, leverage historical sales, customer traffic, and store profile data to derive accurate weekly sales and labor plans. No other workforce management vendor has such a comprehensive suite to enable enterprise visibility and control of store productivity.”
* Kara Barker, director of retail industry marketing, Kronos
“Retailers that continue to think strategically about labor through the downturn will be better prepared to profitably handle the influx of customers once the economy improves. Based on our knowledge of hundreds of successful retail implementations, we are committed to helping our retail customers improve hiring practices, enhance customer satisfaction, and boost employee productivity to ultimately sprint – not limp – out of the recession.”

Supporting Resources

* Kronos is exhibiting in booth 350 at the HR Technology Conference & Exposition, being held this week in Chicago.

About Kronos Incorporated

Kronos is the global leader in workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity. Tens of thousands of organizations in 60 countries — including more than half of the Fortune 1000® — use Kronos time and attendance, scheduling, absence management, HR and payroll, hiring, and labor analytics applications. To learn how Kronos uniquely delivers complete automation and high-quality information in an easy-to-use solution, visit www.kronos.com.

© 2009 Kronos Incorporated. Kronos is a registered trademark of Kronos Incorporated or a related company. All other trademarks are property of their respective owners.

Source: Kronos

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