Workday, Inc. is an on‑demand (cloud-based) financial management and human capital management software vendor. It was founded in 2005 by David Duffield, (founder and former CEO of ERP vendor PeopleSoft) and former PeopleSoft chief strategist Aneel Bhusri following Oracle’s hostile takeover of PeopleSoft.
Workday competes with Peoplesoft/Oracle and SAP products and its quarterly financials at the bottom of this page, reflect the impact from increased marketshare..
I was surprised to see the wide range of companies, in diverse industries, who have installed Workday solutions…here are a few:
Christiana Care Health System, headquartered in Wilmington, Delaware, is one of the country’s largest health care providers, ranking 21st in the nation for hospital admissions. Christiana Care recently implemented Workday’s Financial Management, Human Capital Management (HCM), Expenses, Payroll and Projects products.
Hewlett Packard Enterprise, global technology company, recently implemented Workday’s Human Capital Management product for planning, recruiting and training of employees.
Netflix- Financial Management, HCM, Expenses, Payroll procurement, time tracking
Sanofi-global pharma company- Workday’s HCM is replacing SAP’s HCM but not all SAP products are being replaced.
Amazon signed with Workday to replace Peoplesoft in Oct 2016 with HCM and Payroll products
Walmart -Workday’s biggest customer to date, with over 2M employees, signed in Jan 2017 and Walmart is purchasing subscriptions to HCM, Recruiting, Learning and Planning Products. Walmart is currently a SAP customer.
May 30, 2017
“This Top Software Firm Has Flipped From Losses: 220% EPS Gain Seen Thursday
After years of strong revenue growth and hefty losses, Workday (WDAY) has reached a major milestone. The cloud-based enterprise software firm unexpectedly reported its second straight quarter of positive earnings in its fiscal fourth quarter. Wall Street now sees increasing profitability as the company grabs market share from giants Oracle (ORCL) and SAP (SAP).”