The American company had landed seven months ago in Uruguay and at the end of May it opened its first offices.
Ultimate Kronos Group (UK) started operating in Uruguay seven months ago and the last week of May it finally opened its first offices, the authorities stressed that they chose the country for its good position in the world, the talent of Uruguayans, legal security and institutional framework that characterizes it.
According to the company, Uruguay will be the technology hub of the company for all South America, that will have its offices working from the Technological Laboratory of Uruguay (LATU). The technology authorities, rescued that they chose the country for its good position in the world, talent, its legal security and institutional framework.
The event was attended by the Uruguayan Minister of Industry, Energy and Mining, Omar Paganinias well as with the director of the firm in Uruguay, Chiara Toscani and Vice Presidents of Engineering Charlie Ward, Yevgeniy Goyfman and Heather Peck.
“UKG is a company that generates tools so that the work environment is more productive, so that work teams are more synergistic, creative, find alternatives, are more diverse and more inclusive. I think this points to two things, to Uruguay as potential and the people at the center of technology”, said Minister Paganini.
What is UKG?
UGK is an American technology giant dedicated to providing personnel management and asset management services. human Resources. The dual-based firm in Lowell, Massachusetts, and Weston, Florida, was founded in April 2020, from the merger of Ultimate Software and Kronos Incorporated and in 2021 he registered revenue of 3.260 million dollars.
Focused on human resources and payroll management solutions, the software company whose majority shareholder is the holding Hellman & Friedman uses technology to optimize the processes of Personnel management in their more than 70,000 customers globally. In addition, it has more than 15,000 employees Worldwide. The company’s horizon is based on prioritizing “values” and, consequently, making the people who work at UKG feel “valued”.
The foreign firm attaches great importance to the technological developmentlast year he invested around 530 million dollars in those areas. In this sense, the landing in Uruguay entails the installation of a state-of-the-art research and development center.
Source: Ambito
