Ultimate Software Receives Award for HCM Business Intelligence Project Using Predictive Analytics

Director of Business Intelligence Chris McLatcher Selected as a SuperNova Award Winner by Constellation Research

WESTON, Fla.--(BUSINESS WIRE)-- Ultimate Software (Nasdaq:ULTI - News), a leading provider of unified human capital management SaaS solutions for global businesses, announced today that Constellation Research has named Chris McLatcher, director of business intelligence at Ultimate Software, a 2011 SuperNova Award winner in the advanced analytics category. The Constellation SuperNova Awards acknowledge individuals who have successfully applied emerging and disruptive technologies for their organizations.

Working collaboratively with an Ultimate customer on a predictive analytics project, McLatcher and his team built a business intelligence model to help HR executives collect and analyze actionable information on potential talent retention issues. As a result of the project, McLatcher and his team developed a predictive analytics tool that HR leaders can use to monitor and address retention risks proactively.

With years of experience in business intelligence and analytics, McLatcher is passionate about helping Ultimate Software customers use metrics to inform more powerful decision making. “I am honored to have been selected for this distinguished award, especially because it acknowledges innovation — an area where Ultimate Software has always strived to remain a leader,” said McLatcher. “We’re continuously exploring new ways to leverage the massive data resources already captured by UltiPro, our unified HCM SaaS solution.”

“Ultimate Software works closely with our customers in every facet of development, and they communicate with us about issues affecting their business, such as talent retention. HR professionals can be more than business partners in their companies — they can be business leaders, driving strategy that can impact their company’s bottom line, optimizing talent, increasing levels of engagement, and helping the business achieve its goals,” said Adam Rogers, senior vice president and chief technology officer at Ultimate Software. “In order to effect change in their organizations, HR executives must have insight into people-related trends that can impact business outcomes. This is what our work on predictive analytics is all about.”

“Innovation is the life blood of businesses. We are pleased to acknowledge those pioneers who whose passion inspires us all to look innovation in the eyes, embrace it, and become innovators,” said Paul Papadimitriou, Vice-President and Principal Analyst, Constellation Research, Inc.

About the Constellation SuperNova Awards

Most award programs recognize the technology suppliers for their advancements in the market. Few, if any, programs have recognized individuals and teams for their courage in battling the odds to effect change in their organization. The Constellation SuperNova Awards celebrate the explorers, the pioneers, and the unsung heroes who successfully put new technologies to work. More importantly, these leaders have created disruptions in their market.

About Constellation Research, Inc.

Constellation Research is a leading research analyst and advisory firm guiding organizations and their leaders through the hype and buzz of the latest disruptive technologies. Constellation takes a holistic approach touching board members, and marketing, technology, operations, human resource, and finance executives. The firm’s analysts deliver pragmatic, creative, and disruptive research focused on business value, profitability, and market differentiation. Research analysts bring real world experience, independence, and objectivity to clients. Most analysts bring over two decades of hands-on experience in working with senior leaders in enterprise organizations. Constellation serves the needs of buyers and end users who seek insight, guidance, and advice in dealing with a dizzying array of disruptive business models and technologies. The firm provides the bridge between legacy optimization and future innovation. Constellation also advises sellers from both the buyer’s point of view and how to deliver value to their customers. Constellation builds partnerships with its clients. The client and their organization’s success is Constellation’s only mission.

About Ultimate Software

Ultimate is a leading provider of unified human capital management (HCM) Software-as-a-Service (SaaS) solutions for global businesses. Ultimate’s award-winning UltiPro® solutions deliver the functionality businesses need to manage the complete employment life cycle from recruitment to retirement. Based in Weston, FL, Ultimate employs more than 1,200 professionals who are focused on developing the highest quality solutions and services. In 2010, Ultimate was named an Optimas Award winner by Workforce Management magazine. In 2009, Ultimate was awarded first place in the People’s Choice Stevie®competition for Favorite New SaaS Product and was ranked the #1 best medium-sized company to work for in America by the Great Place to Work®Institute for the second consecutive year. In 2010, Ultimate’s security practices were recertified for ISO/IEC 27001, and Ultimate was the first HR SaaS vendor to be ISO/IEC 27001 certified in 2008. Ultimate has approximately 2,200 customers representing diverse industries, including such organizations as Adobe Systems Incorporated, The Container Store, Culligan International, Elizabeth Arden, Major League Baseball, The New York Yankees Baseball Team, and Ruth’s Chris Steak House. More information on Ultimate’s products and services 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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