Workday Ventures' Latest AI Investments Fuel Innovation for Workday Customers and the Industry
WorkdayWorkday(US:WDAY) Prnewswire·2024-09-18 13:00

Core Insights - Workday, Inc. has announced significant advancements in AI through its strategic capital arm, Workday Ventures, which has made 10 new AI investments since the start of 2023, focusing on innovations that propel organizations forward [1][2] Group 1: AI Investments - Workday Ventures is investing in AI technologies that enhance productivity and improve business decision-making, addressing workforce needs such as talent sourcing, retention, and development [2] - Recent investments include: - Censia, a talent intelligence platform providing AI-enabled skills data [2] - Glean, a Work AI platform that connects company data for knowledge generation and task automation [2] - Nayya, a benefits intelligence platform for employee engagement with benefits [2] - Sana, an AI company focused on knowledge sharing and access [2] - TechWolf, which offers AI-based skills infrastructure for workforce development [2] - Uplimit, an AI-driven online learning platform [2] Group 2: Simplifying Business Processes - Workday Ventures is also investing in solutions that streamline business processes, enabling organizations to operate more efficiently [3] - Recent investments include: - Benepass, a flexible benefits platform consolidating spending accounts [3] - Oro Labs, a procurement orchestration and supplier onboarding platform [3] - Tesorio, an AI-powered finance operations platform enhancing cash flow management [3] - Vanta, a trust management platform for automating security and compliance [3] Group 3: Built on Workday Program - Workday Ventures' portfolio companies are enhancing customer access to new technologies through the Built on Workday program, which allows app development and marketing via Workday Marketplace [4] - Several portfolio companies are featured in the Workday AI Marketplace, adhering to the Workday Responsible AI Governance Framework [4] Group 4: Company Overview - Workday is a leading enterprise platform that assists organizations in managing their people and finances, with AI integrated into its core operations [5] - The platform is utilized by over 10,500 organizations globally, including more than 60% of the Fortune 500 [5]