UKG buys Quorbit, a workforce planning software company
UKG, a provider of HR, payroll, and workforce management solutions, has acquired Quorbit, a U.K.-based startup specializing in long-term workforce planning solutions for people in frontline and hourly roles.
Based in Oxford, England, Quorbit helps large and complex organizations strategically plan future workforce decisions with detailed modeling, associated labour budgets and recruitment strategies, UKG said in a press release.
Built in the Google Cloud Platform — which also powers UKG solutions — Quorbit forecasts staffing needs years into the future, allowing organizations to optimize operations while proactively crafting growth and learning opportunities.
“People have more fulfilling work experiences when they’re provided with purposeful training, upskilling, and professional development. The Quorbit team and their solution are powerful additions to UKG and are advancing our UKG Life-work Technology approach, which helps organizations meet both the needs of their business and their people,” said Hugo Sarrazin, chief product and technology officer at UKG.
“With more than half a billion dollars invested in R&D annually, UKG will fully integrate Quorbit into our intelligent suite and explore new opportunities for the operational insights created by Quorbit to inform operations, talent management, and employee development.”
Matt Brown, co-founder and CEO at Quorbit, said he was proud of what the team has accomplished and is looking forward to the next chapter for the company.
“We’re excited to begin the next chapter in our innovation journey with UKG, universally regarded as a top technology provider and one of the world’s best employers. This news means Quorbit and UKG together can focus on staying at the forefront of innovation in the HCM market,” said Matt Brown, co-founder and CEO at Quorbit. “Our shared vision will help organizations be strategic and deliberate in future workplace planning, keeping people at the center of operational excellence.”
UKG said it plans to further enhance Quorbit’s capabilities, with new features coming in 2023 for customers in the food service, hospitality, logistics, manufacturing, and retail industries.
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