Workday

Workday overshoots in Q4, gaining ground on $10bn target

Workday has announced financial results for its fiscal 2023 fourth quarter and full year ended 31 January 2023, with revenue wins inching the firm ever closer to its 2025 $10bn target.

All change at Workday as CEO Bhusri paves way for successor

Workday has announced the appointment of Carl Eschenbach to co-CEO, effective immediately, as part of a succession plan that will see Aneel Bhusri step back from the business in a year's time. Chano Fernandez is leaving Workday, also with effective immediately.

Workday Q3 subscribes success despite small operating loss

Workday has announced its Q3 financial results, with revenues reaching $1.6bn for the quarter, up 20.5 percent from Q3 2022. The HR and finance software vendor showed strong growth in its subscription services, with subscription revenues hitting $1.43bn, up 22.3 percent year over year this quarter.

Mass Workday EMEA expansion points to global ramp up

Workday has launched the first wave of its key accelerator program in EMEA, as announced at its Workday Rising conference in Stockholm.

image of Workday building | Interview with Jim Stratton

Workday surpasses 2000 customers in Europe and rising

Workday has revealed its applications are now used by over 2,000 customers in the EMEA region, as the company kicks off its Workday Rising event in Stockholm. The figures come as Workday continues to scale rapidly in EMEA, spanning across European-headquartered companies including Asda, Basic Fit, franprix, Glovo, Mazars, and Telpark. The company has also seen significant growth in France, Germany, and the UK, along with other European countries. Workday applications are now used by more than 40 percent of the FTSE100 and DAX40, and more than 30 percent of the CAC40.

Workday Rising 2022 event preview

What can we expect from Workday Rising Europe 2022?

Salesforce building | Salesforce and Spiff

Salesforce enhances business processes with Workday

Salesforce has expanded its use of Workday to support growth across the organization and support its workforce.

Workday reports healthy Q2 growth

Workday reported strong Q2 fiscal 2023 results with adjusted earnings of 83 cents per share on $1.54 billion in revenue, driven by a 22.8% increase in subscription revenues to $1.37 billion, as organizations prioritize digital transformation in finance and HR, while maintaining its fiscal guidance for continued growth.

Workday and McKinsey team up to tame data

Workday has teamed up with McKinsey to enhance the Workday Enterprise Management Cloud.

Workday drives HR transformation for Stagecoach

Stagecoach has successfully implemented Workday Human Capital Management with Payroll as part of its digital transformation, providing real-time HR data access, streamlining recruitment, and reducing paper-based processes to enhance decision-making and employee confidence.

Workday announces modest set of Q1 2023 results

Workday reported Q1 2023 total revenue of $1.43 billion, a 22.1% year-on-year increase, with subscription revenues of $1.27 billion rising 23.2%, while the company incurred an operating loss of $72.8 million and plans to create 1,000 new jobs in Dublin.

Workday expands ESG offering to drive social and sustainability initiatives

Workday has introduced new solutions and expanded capabilities to help its global customers meet the demands of evolving environmental, social, and governance (ESG) regulations and corporate accountability.

Asda partners with Workday to deliver engaging employee experiences

Asda, a major UK supermarket chain, has chosen Workday to enhance its global workforce management and employee experience amid its digital transformation efforts.

abstract business image | KPMG India and Vianai Systems

Workday to create 1,000 new jobs in Dublin with new European HQ

Workday has unveiled its plan to create 1,000 new jobs over the next two years at its European headquarters in Dublin, Ireland, with construction planned for a new European HQ in the city. The investment is supported by the Irish Government through IDA Ireland and will increase Workday’s Ireland-based workforce by approximately 60 percent.

Delivery beast Gorillas chooses Workday for its 14,000-strong troop

Berlin food delivery start-up Gorillas is selecting Workday Human Capital Management (HCM) to digitally transform its HR processes. This implementation will provide Gorillas with analytical capabilities, automated processes and better operational visibility and performance for the company's 14,000 employees.

Workday results top revenue estimates but fall down at profit, again

Workday has announced results for Q4 2022 and full year ended 31 January 2022, revealing an operating loss of $101m on the quarter and an overall loss of $116.5m for the year. For Q4 2022, total revenues were $1.38bn, up 21.6 percent against the same period last year with subscription revenues at $1.23bn, an increase of 22.2 percent. For the full fiscal year 2022, Workday recorded revenues of $5.14bn, an increase of 19 percent compared to last year.

Accenture accelerates digital transformation for international insurer

Accenture has partnered with Tokio Marine Kiln to digitize and consolidate its finance and HR functions in the UK and Singapore using Workday, enhancing operational efficiency and empowering employees through faster and more accurate processes.

Workday at Google: a ‘cloud-based people system’

Google enhances its HR management by expanding its use of Workday's cloud-based solutions to foster digital empathy and improve employee experiences in a rapidly changing work environment.

Google| News of Google's potential acquisition of Wiz comes days after scrapping HubSpot deal

Google deepens investment in Workday

Google has expanded its partnership with Workday by investing in multiple Workday products to enhance employee experience and optimize talent management for its global workforce.

Why multi-cloud is the New Normal

Not long ago the IT landscape of an enterprise was a simple affair: one or a few data centres, usually determined by location requirements, would create a system landscape that every IT person with 10 or more year’s work experience grew up with. Fast forward to the 2010s and the landscape was characterised by duality – meaning that the data centres were still there – and a few workloads in the cloud, most likely a single cloud.

Workday vs. ServiceNow: The Big Shift

Every decade there’s a major shift in enterprise software. In the 1970s companies bought integrated financial systems; in the 1980s and 1990s it was ERP; now it’s a wild west of tools for digital customer experiences, digital employee experiences, and AI-enabled automation

Workday to acquire CPQ vendor Zimit

Workday intends to acquire Zimit, a CPQ solution for services industries, to enhance its quote-to-cash process automation and drive finance transformation.

Workday Q2 results exceed expectations

Workday reported Q2 2022 revenues of $1.26 billion, an 18.7% increase year-over-year, surpassing Wall Street expectations, with strong subscription growth and optimistic future guidance.

Workday building | Workday first quarter

Google Cloud and Workday announce global partnership

Google Cloud and Workday have formed a multi-year partnership to enhance digital transformation for businesses by allowing them to deploy Workday enterprise applications in a public cloud environment.

Workday unveils talent investment and expansion plans

Workday Inc. plans to increase its workforce by over 20% by hiring 2,500 new employees across various global locations while also investing in recruitment and office expansions to enhance talent acquisition and promote diversity.

Better-than-expected results for Workday

Workday has released better-than-expected results for the fiscal fourth quarter and full year ended 31 January 2021.

Workday launches COVID-19 vaccine management solution

Workday has announced a COVID-19 vaccine management solution that provides HR and business leaders...

Cautious outlook for Workday

Workday has reported its Q3 fiscal 2021 results which show a 17.9 percent increase in total revenues...

The thin veneer of differentiation

I wrote to each of the ERP vendors and asked them to send me a few words on what set them apart from the competition - the results were depressingly vague. I hate to break it to you but ‘putting customers first’...

Good vibes from Workday

Workday has announced two new offerings, VIBE Central and VIBE Index, to help HR leaders advance...