Ultimate Software (Nasdaq: ULTI), a leading cloud provider of people management solutions, announced today that the company has been named a Gold Winner in Best New Product Feature of the Year by the Best in Biz Awards, the only independent business awards program judged by members of the press and industry analysts.
Ultimate won the award for the UltiPro Retention Predictor™ — an insight-driven tool designed to give HR professionals and managers that the ability to forecast an employee’s intent to remain with the organization. The UltiPro Retention Predictor helps leaders collaborate with their teams, better understand workforce dynamics, proactively intervene if needed, and build programs that foster long-term employee relationships. Updated monthly and visible to managers, this talent-based tool uses an algorithm powered by 50 key indicators and forecasts the probability that individuals will stay with an organization for the next 12 months.
The third annual Best in Biz Awards was the most competitive in its history, with the highest number of awards submissions to date and the most distinguished judging panel yet assembled. More than 500 entries were received this year, from a wide array of public and private companies of all sizes and from a variety of industries and geographic regions in the U.S. and Canada.
“Because Ultimate is a proven leader in delivering cloud-based human capital management, we are in a unique position to help organizations leverage big data for greater business benefits,” said Adam Rogers, chief technology officer and senior vice president at Ultimate Software. “We are very honored to have been selected by such a well-respected group of judges and to be in the company of other leaders committed to business innovation.”Gold award winners in this year’s program include Dell, The Fresh Market, Hewlett-Packard, Safelite, and UnitedHealthcare. Winners of Best in Biz Awards 2013 were determined by an independent panel of 51 judges from top-tier news, business, and technology publications, as well as broadcast outlets and analyst firms, such as Accounting Today, Arizona Daily Star, Atlanta Tribune, Bloomberg Businessweek, Cascade Business News, Chicago Tribune, Chip Design Magazine, Computerworld, Crain’s New York Business, CRN, Dallas Morning News, Dayton Business Journal, Detroit Free Press, ECT News Network, Entrepreneur, eWeek Channel Insider, Executive Travel Magazine, Fast Company, Financial Times, Fortune, Hartford Business Journal, Hartford Courant, Inc. Magazine, King Features Syndicate, Lab Reviews, Law Technology News, Miami Herald, Memphis Business Journal, Network World, NorthBay Biz, Orange County Register, PC Magazine, Phoenix Business Journal, Pittsburgh Business Times, Prairie Business Magazine, Quad-City Times, Reuters, San Francisco Chronicle, San Jose Mercury News, Savannah Morning News, Small Business Digest, South Florida Business Journal, Tech.Blorge, Tech-Gaming, Times (Munster, Indiana), Upstart Business Journal, and USA Today.