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Ultimate Software Ranked Among InformationWeek Elite 100 as One of the Top Business Technology Innovators in the U.S.

Ultimate Software (Nasdaq:ULTI), a leading cloud provider of HCM solutions, announced today that the company ranked #50 on this year’s InformationWeek Elite 100 — a list of the top business technology innovators in the U.S. In addition to Ultimate, other companies recognized on this list include Pfizer, Capital One, FedEx, Cisco, Dish Network, and NetApp.

In 2013, Ultimate Software’s technology organization created UCloud, a platform-as-a-service (PaaS) offering that connects IT development to IT operations for faster delivery of reliable code. UCloud’s modern approach to technology and development layers new operational and development methods on top of a next-generation technology platform. UCloud weaves DevOps, a development method reliant on communication, collaboration, and integration between software developers and IT; the use of PaaS, a new continuous delivery paradigm; as well as a new world-class private cloud technology stack into a single operational fabric.

As a result, Ultimate has dramatically shifted both its internal processes and cloud technologies, enabling internal operations to become more self-sufficient as well as improving the quality of products and services delivered to thousands of Ultimate’s customers.

Since the inception of UCloud, Ultimate has increased the number of builds per day from 600 to 1,800, increased build quality to 98% successful builds, delivered 20% more features per release, and enabled customers to receive new features on an on-demand basis.

“UCloud is redefining Ultimate’s competitive position by empowering our teams to become more dynamic and by eliminating slow-moving processes,” said Adam Rogers, chief technology officer at Ultimate Software. “Other benefits include unprecedented time-to-market for features, improved product quality, consistent experiences, increased flexibility, and decreased development and delivery costs — all of which are pivotal in Ultimate’s continued growth and success.”

“The digital business movement is a force CIOs can’t ignore. Just as Amazon.com transformed the retail industry, Netflix changed the face of movie distribution, and Orbitz and others reinvented travel planning, new digital companies, technologies, and business models will shake up a range of other industries,” said InformationWeek Editor In Chief Rob Preston. “Digital businesses are adept at using the web in conjunction with mobile, social, analytics, and other technologies to not only boost sales, but also change their relationships with customers. The 2014 InformationWeek Elite 100 highlights companies that are leading this digital business revolution, redefining business models, and reshaping industries.”

This is InformationWeek’s 26th year identifying and honoring the most innovative users of information technology in the U.S. For 2014, this assessment was narrowed to a more elite 100 organizations. Research at InformationWeek Elite 100 tracks the technology-based investments, strategies, and results of some of the best-known organizations in the U.S. Unique among corporate rankings, the InformationWeek Elite 100 spotlights the power of business technology innovation.

For more details on the InformationWeek Elite 100, please visit www.informationweek.com/100.

About InformationWeek

For more than 30 years, InformationWeek has provided millions of IT executives worldwide with the insight and perspective they need to leverage the business value of technology. InformationWeek provides CIOs and IT executives with commentary, analysis, and research through its thriving online community, digital issues, webcasts, proprietary research and live, in-person events. InformationWeek’s award-winning editorial coverage can be found at www.informationweek.com.

About Ultimate Software

Ultimate Software is a leading cloud provider of people management solutions, with more than 15 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, talent, compensation, and time and labor 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 1,900 professionals focused on developing the highest quality solutions and services. In 2014, Ultimate was ranked #20 on FORTUNE’s list of the 100 Best Companies to Work For; recognized as a ‘Leader’ in Nucleus Research’s HCM Technology Value Matrix; and awarded the highest rating by Constellation Research in its Cloud Buyer’s Bill of Rights Certification. Ultimate has 2,700 customers with employees in 150 countries, including Adobe Systems Incorporated, Bloomin’ Brands, Culligan International, Major League Baseball, Pep Boys, Texas Rangers Baseball, 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.

Follow Ultimate Software on Twitter: www.twitter.com/UltimateHCM

Follow Ultimate Software on LinkedIn: http://linkd.in/UltimateHCM

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