| Type | Public |
|---|---|
| Traded as | NASDAQ: ULTI |
| Industry | SaaS HCM Software |
| Founder(s) | Scott Scherr |
| Headquarters | Weston, Florida |
| Revenue | $228 million [1] |
| Employees | 1,200 (2011) |
| Website | www.ultimatesoftware.com |
Ultimate Software (NASDAQ: ULTI) is the developer and provider of unified human capital management (HCM) Software-as-a-Service (SaaS) solutions for global businesses. As of December 31, 2010, Ultimate reported total revenues of nearly $228 million.[1]
Headquartered in Weston, FL, Ultimate employs more than 1,200 professionals and has more than 2,200 customers representing diverse industries.
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Ultimate was founded in 1990 by Scott Scherr, the company’s current CEO and President. The company went public in June 1998 and today employs more than 1,200 professionals.[1].
UltiPro is the human capital management solution that manages every aspect of HR, payroll, and talent management—from recruitment through retirement. Delivered on-demand as SaaS in the cloud, UltiPro provides global organizations one system of record to unify their workforce worldwide.
Ultimate Software markets two software suites, primarily through direct sales teams. UltiPro Enterprise is designed for companies with 1,000 or more employees, while UltiPro Workplace is tailored for businesses with 200-999 employees.
Ultimate Software was an early adopter of Agile Development Methodologies. Starting with Scrum in March 2005, they have since migrated to Kanban in January 2010. Along the way, Ultimate Software has adopted several engineering practices such as test-driven development.