PLEASANTON, Calif., Aug. 2, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, today announced that it will host its financial analyst day on Tuesday, September 17, 2024 in Las Vegas at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time. The event will take place during Workday Rising, the company's annual customer conference. A live webcast of the event will be available on the Workday Investor Relations site. The replay of t ...

HiredScore AI for Recruiting and Talent Mobility Solutions Are Now Available Through Workday to Boost Recruiter Productivity and Empower Hiring Managers and Employees Company Unveils AI Enhancements to Workday Job Architecture to Accelerate Skills-Based Talent Strategies PLEASANTON, Calif., Aug. 1, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, today announced that HiredScore AI for Recruiting and HiredScore AI for Tale ...

Strategic Partnership Expansion - Workday and Kainos announced an expanded strategic partnership to jointly advance the development and distribution of purpose-built apps for Workday customers through the Built on Workday program [5] - The partnership will enable Kainos to accelerate distribution of its products while reaching an expanded customer base [10] - Workday's sales teams across North America, Europe, and Asia Pacific will be incentivized to introduce and co-sell Kainos products [10] Built on Workday Program - Built on Workday enables Workday partners to easily build, launch, and centrally manage apps on the Workday platform [1] - The program provides partners with opportunities to accelerate and scale their app development while addressing customers' evolving business, industry, and regional challenges [1] - Kainos' innovative apps will now be listed and visible to Workday customers globally via Workday Marketplace, which features curated AI solutions adhering to the Workday Responsible AI Governance Framework [11] Kainos Products and Market Impact - Customers will have direct and seamless access to Kainos' best-in-class products, including Kainos Smart Test, Kainos Smart Audit, and Kainos Employee Document Management [10] - These products will help customers automate and scale their Workday operations and maintenance while maximizing the use of the Workday platform [10] - Kainos expects this partnership to more than triple its Annual Recurring Revenue (ARR) over the next six years [6] Company Overviews - Workday is a leading enterprise platform used by more than 10,500 organizations globally, including over 60% of the Fortune 500, to manage people and money [2] - Kainos employs more than 2,900 people across 23 countries and operates through three divisions: Digital Services, Workday Services, and Workday Products [3] - Kainos is listed on the London Stock Exchange (LSE: KNOS) and focuses on using technology to solve real problems for customers and improve business operations [3]

Analysts' sentiment has Workday NASDAQ: WDAY and SolarEdge NASDAQ: SEDG down, but the takeaways differ for each. On the one hand, a struggling business continues to lose money while its competitors fare better. On the other hand, a leading company that failed to meet inflated expectations has had its market reset. The share price will likely fall to new lows in the first scenario, although it is near a potential floor. In the second scenario, a pullback in price action today is an opportunity for investors ...

Several U.S. Govt enterprises are struggling with a multitude of challenges in their HR system. Amid an aging workforce and changing demographics, identification and incorporation of the right person to eliminate skill gaps has become absolutely vital. However, the use of outdated legacy systems and a slow bureaucratic process delay the hiring process and also hinder the productivity of the existing workforce. Workday's revenue growth continues to be driven by high demand for its Human Capital Management so ...

"This successful implementation of Workday demonstrates our modern ERP transformation and deployment capabilities and our commitment to federal agencies," said George Batsakis, CEO of Groundswell. "To be performing well here, especially on the heels of our recent Workday award at the Defense Intelligence Agency, is a great moment for Groundswell and our implementation partner, CrossVue. We are excited to continue exceptional delivery of Workday solutions and supporting the larger ERP modernization movement ...

Introduction & Investment Thesis Workday reported its Q1 FY25 earnings where revenue grew 18.1% YoY to $1.99B, while non-GAAP operating income grew 30% YoY to $515M with an improvement of 240 basis points in margins to 25.9%. During the quarter, the company continued to make progress on its growth initiatives to expand its TAM as it acquired and deepened adoption of its solution suite among customers with particular strength in healthcare, public sector, financial services, and professional services vertica ...

PLEASANTON, Calif., June 20, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ:WDAY), a leading provider of solutions to help organizations manage their people and money, today announced the election of Michael Speiser as an independent director of its Board of Directors. With more than three decades' experience as a technology leader and venture capitalist, Speiser has a proven track record of building some of the fastest growing companies in the world, developing industry-leading products, and incubating some of ...

The company's shift toward profitability has been even more impressive. Workday reported meaningful net profits for the first time last year, and it expects earnings to expand from here. Its free cash flow has outpaced sales by a wide margin over the past five years, which is important for shareholders. Workday is a powerhouse in its industry Workday also achieved a 13% return on invested capital (ROIC). ROIC is an efficiency ratio that measures a company's profits relative to its financial resources. High ...

Workday, Inc. (WDAY) collaborated with SkillStorm to deliver certified Workday technical consultants across diverse sectors. The partnership is likely to accelerate growth of the Workday ecosystem while generating significant value for partners and end customers. The partnership aims to provide Workday clients with skilled and certified resources tailored to their specific needs, significantly boosting productivity. According to industry sources, Workday has experienced substantial growth over the past deca ...