Magnit | March 27 2024
Magnit recognized for cutting-edge VMS and innovative solution suite empowering organizations to manage the evolution of work
Folsom, Calif. – Mar. 27, 2024 – Magnit™, an Integrated Workforce Management (IWM) platform provider, attained “Market Leader” designation in Vendor Management Systems (VMS) as part of Ardent Partners’ 2024 VMS Technology Advisor report. Magnit was evaluated against seven VMS solution providers and was recognized for its best-in-class VMS, powerful suite of integrated tools and solutions, and next-generation workforce analytics. According to Ardent Partners’ report, Magnit has an “innovative blend of solutions that reflect the next generation of talent technology” and has “redefined the landscape of workforce management platforms.”
“We’re honored to be recognized as a VMS Market Leader in Ardent Partners’ report,” said Vidhya Srinivasan, chief product and marketing officer at Magnit. “As the evolution of work unfolds, organizations are increasingly seeking platforms that empower them to manage their talent with agility. We remain at the forefront of these trends, continuously innovating to ensure our clients have the tools they need to navigate the complexities of the evolving workplace.”
Ardent Partners’ report evaluated eight leading VMS solution providers to help organizations navigate the marketplace, designating them into four categories based on provider and solution strength: Trailblazers, Challengers, Vanguard Leaders and Market Leaders. Market Leaders are defined as providers with universal strengths across their offerings, matched with an ability to execute at the highest level.
Ardent Partners recognized the strengths and differentiators for Magnit VMS in its assessment, including the organization’s:
“Magnit represents the future of workforce and talent solutions,” said Christopher J. Dwyer, SVP of research at Ardent Partners and author of the new study. “Magnit’s cutting-edge talent technology, combined with powerful MSP offerings under a groundbreaking Integrated Workforce Management umbrella, positions the company as a forward-thinking solution for the Future of Work era.”
Learn more about Magnit VMS when you read Ardent Partners’ 2024 VMS Technology Advisor Report.
About Magnit
Magnit™ is a global leader and pioneer in contingent workforce management. Our industry-leading Integrated Workforce Management (IWM) Platform is supported by 30+ years of innovation, modern software, proven expertise, and world-class data and intelligence. It enables companies to optimize talent and diversity goals while achieving operational and financial success. With Magnit, companies can adapt quickly to the evolution of work to grow their extended workforce with greater agility, transparency, and speed. magnitglobal.com
“Magnit” is a trademark or registered trademark of Magnit, LLC. Any trade, product, or service name referenced in this document using the name “Magnit” is a trademark and/or property of Magnit, LLC.
Contact
Claire Riedman, Account Manager
Matter Communications
MagnitPR@matternow.com