Workday Overview
Built from the cloud up, Workday is equipped to grow, change, and evolve with your organization to meet the unique needs of your industry. By taking advantage of the most innovative technologies, Workday solves many of the problems that plague traditional ERP systems.Company Snapshot
- Cloud Revenue (as of 01/31/2023):$1.5B
- Cloud Services:SaaS,PaaS
- CEO:Aneel Bhusri & Carl Eschenbach
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Businesses exhibit strong confidence in cloud and AI, reflected in soaring RPO and backlog figures from Workday, Snowflake, and Salesforce. Substantial long-term commitments highlight aggressive investments in these companies' software.
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Recent earnings reports from Workday, Snowflake, and Salesforce show strong future bookings across diverse market positions.
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NVIDIA partnership yields telco-optimized GenAI functionality, while technology acqusition delivers network management and automation for that sector.
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As Workday co-founder Aneel Bhusri steps down from his CEO role to become executive chair, he'll focus on strategic innovation while CEO Carl Eschenbach drives revenue growth.
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Workday's co-founder Aneel Bhusri transitions to executive chairman, and cites six key strategic areas, including AI integration, industry-specific solutions, and cybersecurity, as the company aims to double revenue to $15 billion.
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Workday's recent strong fiscal performance includes impressive subscription revenue growth and substantial backlog.
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RaceTrac VP of Accounting Merlix Reynolds reveals how Workday helped with overcoming challenges with innovation and cost management support.
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Workday's Q4 results showcase a robust fiscal performance with a 19% surge in subscription revenue, hitting $6.6 billion for fiscal 2024.
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Highlighting optimistic subscription-revenue trends for Workday, decoding Salesforce's cautiously optimistic signals for a potential growth turnaround, and expecting continued strong growth for Snowflake driven by AI and expanding data initiatives.
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Merlix Reynolds discusses the remarkable impact of utilizing data and business connections in accounting, spotlighting the newfound collaboration and dependence on precise reporting within platforms like Workday.
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An analysis of the upcoming fiscal Q4 results of Workday, Snowflake, and Salesforce that emphasizes their ability to succeed in the dynamic cloud market.
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Workday partners with services provider Insperity to deliver new HR offerings that help small and medium businesses accelerate growth.
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Snowflake, Workday, and Salesforce experience the greatest market cap percentage gains among the Cloud Wars Top 10. The index reflects customer confidence in these firms.
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The Cloud Wars Cloud and AI Confidence Index reaches an all-time high, led by Microsoft, Google, and Amazon, which all gained well over $1 trillion in market cap.
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The elevation of Carl Eschenbach and Rob Enslin to sole CEOs of Workday and UiPath likely points to the end of the co-CEO model and important new strategic directions for both firms.
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Google Cloud claims the #1 spot in the Cloud Wars growth chart with a 25.7% growth rate and $9.2 billion in revenue, amid shifting industry dynamics.
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Google Cloud has a narrow lead on the Cloud Wars growth chart; Microsoft's growth is remarkable; and the GenAI Revolution continues to impact the top cloud vendors.
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Workday accelerates innovation, experiencing substantial growth in applications through strategic partnerships, and the launch of an AI marketplace.
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Workday's co-CEO, Carl Eschenbach, reflects on the company's progress, emphasizing initiatives including international expansion and strengthening the ecosystem.
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Customers are applying increased 'deal scrutiny' on major IT investments but they are 'absolutely' still buying when there's a strong value proposition, Workday Co-CEO Carl Eschenbach says.
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Workday's CEO, Carl Eschenbach, outlines the company's evolution towards a system of trust in the AI era and foresees a Workday economy fueled by data and innovation.
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As technology and business strategies converge, the CEO Outlook 2024 series dives deep into insights from Cloud Wars Top 10 CEOs. Don't miss the exclusive interviews, starting with SAP's Christian Klein.
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In the Cloud Wars Outlook 2024 series, CEOs from top companies including Google Cloud, Oracle, SAP, and more share insights on technology trends, culture, and strategic visions for the future.
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This report explores key developments related to Workday, from impressive customer wins to the “Eschenbach Effect” on the company’s sales and go-to-market strategies.
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ServiceNow claims the top spot as the world's hottest cloud vendor with a remarkable 27% growth rate, outpacing all the other Cloud Wars Top 10 companies.
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The Cloud Wars Top 10 companies, with a combined market cap exceeding $7 trillion, have experienced a range of performance in 2023, with CEOs including Microsoft's Satya Nadella and SAP's Christian Klein standing out.
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Major enterprise vendors, Workday, Snowflake, and Salesforce, collectively reveal a robust fiscal-Q3 with strengthened customer spending, notable revenue surges, and strategic positioning.
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A look at Q3 earnings reports from major cloud companies (Workday, Snowflake, Salesforce), emphasizing the consistent surge in customer demand, while noting Salesforce's CEO, Marc Benioff, skillfully balances cautious language with optimistic insights about AI and enterprise technology trends
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Who is the Cloud Wars CEO of the Year? A call to vote for your pick for Cloud Wars CEO of the Year.
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Workday's co-CEO, Carl Eschenbach, attributes the company's robust Q3 results to increased customer demand for talent offerings, a trend toward app supplier consolidation, and the growing emphasis on generative AI.
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The Eschenbach effect propels Workday's Q3 performance with robust subscription revenue and customer priorities emphasizing talent, application consolidation, and leveraging generative AI.
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At the Workday Rising conference, Ash Noah, VP and Managing Director of Management Accounting and ESG at AICPA, explores the changing role of CFOs, emphasizing the shift from scorekeeping to value creation through embracing technology, AI, and ML.
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Ash Noah emphasizes the critical role of human skills, such as empathy and collaboration, for CFOs.
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In the latest Cloud Wars Minute, Oracle leads the hottest growth companies with a 30% growth rate, hitting $4.6 billion in cloud revenue.
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A discussion on the evolving role of the CFO in the era of AI and technology, emphasizing the shift from scorekeeping to value creation and the importance of understanding customer experience and intangible assets.
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Ajay Sabhlok emphasizes the critical role of technology and collaboration in data management.
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The discussion unveils a spectrum of AI-driven opportunities, touching upon ethics, a generative AI workforce, climate initiatives, healthcare innovation, and creative expression.
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With the advancements of AI and enterprise software advancements, transparency must remain a priority for customer and partner relationships.
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Workday and AWS' partnership, which began over a decade ago, has evolved significantly, and the companies are now focused on helping developers create customized apps using AWS AI services.
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Workday is partnering with AWS to provide AI services through its platform, accelerating its expansion into the AI ecosystem.
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Workday has introduced two programs, the AI Marketplace and AI Gateway, centered on its Workday Extend platform, to facilitate co-creation with customers and partners in the development of AI capabilities and solutions, further expanding its ecosystem.
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Workday aims to involve more developers and partners in enhancing GenAI tools while ensuring high standards of responsibility and privacy.
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Workday's Q2 results reflect the transformative "Eschenbach Effect." The co-CEO is boosting growth through AI integration, expanded offerings, and accelerated customer commitments.
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Workday experiences positive changes under Co-CEO Carl Eschenbach, delivering strong financial results, growth focus, and improved customer engagement.
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The Cloud Confidence Index uses market caps of top 10 cloud companies as a proxy for business leaders' confidence in their growth, reflecting customer demand and technology trends. The index is up slightly.
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Workday strives to make ERP implementations simpler for customers and has strong endorsements to show for its customer-centric approach. The company ranks #7 on the Cloud Wars Top 10.
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Cloud Wars Live monthly guest Bonnie Tinder shares customer reviews on Oracle, SAP, and Workday software implementations.
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As the insurance industry runs on vast amounts of data, Workday provides a unique approach to meet insurance customer needs.
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In the Acceleration Economy Cloud Wars Top 10 course, discover how companies, including Celonis, achieve Cloud Wars Horizon designation.
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Get a preview of our Cloud Wars Top 10 course on how buying committees and C-level executives can use the cloud ranking to support purchase decisions.