Velocity Technology Solutions, Kronos Partnership Helps Customers Achieve Labor Optimization Quicker
New York, NY (April 6, 2009) - Velocity Technology Solutions, Inc., the leader in software hosting and managed services and Kronos Incorporated (Nasdaq: KRON), the most trusted name in workforce management solutions, have executed a new Service Provider alliance agreement for application hosting services. Under this new strategic partnership, Velocity will serve as an application hosting service provider for the Workforce Central suite of applications and will integrate the Kronos software into its Velocity On-Demand™ solution offering.
Deploying Kronos in a hosted and managed environment provides businesses with all of the benefits of a workforce management solution without the burden of building a technical infrastructure and employing additional technical personnel. By leveraging the Velocity world-class datacenters, 24x7 Service Desk, business continuity services and experienced consulting resources, our clients lower their operating costs, remain up-to-date on the latest software, mitigate disaster and system availability risks, and get to focus on their core business activities. As an added benefit, Velocity takes care of the integration between Kronos and the enterprise software. And connecting to Velocity On-Demand™ solutions has become easier and more cost efficient with the rollout of its national Private IP network service.
"Velocity On-Demand™ is a cloud computing service that delivers business capabilities across a broad spectrum of requirements. By integrating Kronos Workforce Central applications into this environment, we are able to deliver these capabilities in a fraction of the time and cost of a traditional software implementation", commented Tom Bruno, CEO of Velocity. "Approximately 50% of Velocity's clients have already adopted Kronos for strategic workforce management and now we can provide the seamless support and extend the Kronos benefits to those clients seeking a workforce solution."
About Velocity Technology Solutions
Velocity has provided IT solutions to more than 500 organizations in the service and product oriented sectors including health care, public services, financial services, retail, food and beverage, fashion, manufacturing and distribution industries. Velocity has pioneered a unique approach to software hosting, Velocity On-Demand™, that is focused on proactive client services and a world-class infrastructure provided through an exclusive relationship with Verizon Information Technologies. For more information, visit velocityus.com or call 1-866-299-4998.
About Kronos Incorporated
Kronos is the global leader in workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity. Tens of thousands of organizations in 60 countries -- including more than half of the Fortune 1000® -- use Kronos time and attendance, scheduling, absence management, HR and payroll, hiring, and labor analytics applications. To learn how Kronos uniquely delivers complete automation and high-quality information in an easy-to-use solution, visit www.kronos.com.
Contacts:
Paul Cioni
Vice President of Applications
Velocity Technology
Solutions, Inc.
Phone: 703-561-0452
paul.cioni@velocity-inc.com ###