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TheStreet Open House

Ultimate Software Receives Highest Possible Ranking For Cloud Vendors From Constellation Research

Ultimate Software (Nasdaq: ULTI), a leading cloud provider of people management solutions, announced today that Constellation Research, an independent research and advisory firm focused on disruptive technologies, has given Ultimate the highest possible rating of ‘Epic’ as part of the “Constellation Cosmos™ Certification for the Cloud Buyer’s Bill of Rights: SaaS Applications,” a comparison evaluation intended to help buyers of enterprise cloud apps enter into relationship with their vendor as an equal and collaborative long-term partner.

“We’ve always believed providing a world-class cloud solution isn’t just about delivering innovative technology—but equally about developing a partnership with customers,” said Adam Rogers, chief technology officer and senior vice president of development at Ultimate Software. “We’re excited to see Constellation Research’s looking at the full scope of the customer/vendor relationship as a part of their ‘Cloud Buyers Bill of Rights’ evaluation, and very proud of this distinction among cloud providers. Our ‘people first’ philosophy begins from the moment we interact with a prospect and extends through the buying cycle, activation, and life of the partnership.”

Constellation evaluated Ultimate based on 61 criteria in four main categories: ownership experience, use case support, corporate vision, and ecosystem feedback. Constellation rates vendors on a 0- to 5-point scale. Ultimate received the highest possible rating of ‘Epic’—scoring a 4.84 out of a total possible score of 5—the highest achievement by a cloud vendor to date in Constellation’s annual Cloud Buyer’s Bill of Rights.

“The goal of this tool is to recognize vendors for honoring and respecting customers throughout the buyer and ownership experience,” said R “Ray” Wang, principal analyst and CEO at Constellation Research. “Ultimate Software ranked very highly in the process, and it’s clear that forming an equal and collaborative long-term partnership with its customers is a priority for Ultimate.”

Based on Constellation’s conversations with more than 100 of Ultimate’s customers, Ultimate Software received a perfect score on ownership experience and use case support, which describes the rights that prospects and clients should expect from software vendors as they make their product and vendor decisions. Ultimate also received a perfect score in corporate vision for the strength of its management team; level of innovation; and market leadership; as well as high marks in the category of ecosystem feedback, which includes direct and indirect customer feedback, and partner feedback.

About Ultimate Software

Ultimate is a leading cloud provider of people management solutions, with more than 10 million people records in the cloud. Built on the belief that people are the most important ingredient of any business, Ultimate's award-winning UltiPro delivers HR, payroll, time, and talent management solutions that seamlessly connect people with the information and resources they need to work more effectively. Founded in 1990, the company is headquartered in Weston, Florida, and has more than 1,700 professionals focused on developing the highest quality solutions and services. In 2013, Ultimate was ranked #9 on FORTUNE'S list of the “100 Best Companies to Work For,” and Minyanville Media Inc. named Ultimate among the top 10 most ethical businesses in the U.S. In its Cloud Buyer’s Bill of Rights Certification, Constellation Research awarded Ultimate its highest level of certification. Ultimate has more than 2,500 customers with employees in 144 countries, including Adobe Systems Incorporated, Culligan International, Major League Baseball, Pep Boys, and Texas Roadhouse. More information on Ultimate’s products and services for people management can be found at www.ultimatesoftware.com.

UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.

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