ADP has received the highest award possible from global industry analyst firm Frost & Sullivan, which presented ADP with its 2014 North America Product Line Strategy Leadership Award for HCM. Frost & Sullivan calls ADP a ‘services company with robust software’ and praises the company’s ‘globally available, cloud-hosted, unified HCM suite.’
Frost and Sullivan’s award is based on several criteria critical for any company’s success in the HCM marketplace:
- Breadth of product line.
- Size of addressable customer base.
- Impact on customer value.
- Impact on market share.
- Breadth of applications/markets served.
It cited strong progress ADP has made across a broad client base, from large enterprises in need of integrated HCM solutions to midsized companies in need of flexible and dynamic solutions to companies of all sizes looking for compliance answers in complex marketplaces.
“ADP has responded to these diverse company needs with a product line strategy that has tremendous breadth,” said Brendan Read, Industry Analyst at Frost & Sullivan. “Through hosting, flexibility, scalability and up-front affordability, ADP’s solutions cover practically every HCM and HR facet, including outsourced and HR personnel and talent acquisition. And, ADP’s solutions are global, enabling companies to have and manage divisions and teams of highly talented workers worldwide.”
Frost & Sullivan enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.