Workday has been a leading innovator in the cloud native enterprise resource planning software market since its inception in 2005. From the beginning, Workday designed a single solution with an in-memory, object data model for Finance and HR, which thousands of enterprises are using globally today. Their core focus is to continuously improve their single system, enabling customers to plan, execute and analyse their data to generate insight, speed up decision-making and grow their businesses. The single data model provides the foundation of Workday’s mission to transform the finance function through the power of data.
Workday was founded by former PeopleSoft executives Aneel Bhusri and Dave Duffield, who both still actively lead the company. Workday built a foundation with a future-proofed architecture that was a visionary development almost 15 years ago. The data model has allowed the company to build applications that are faster, smarter and more functional than many of its competitors. Through a series of targeted acquisitions, Workday has accelerated and honed its analytical capabilities, enabling its customers to not only transact in its systems but understand relationships, analyze trends and generate insights that keep them competitive.
In this innovation showcase we highlight three major innovations, namely (i) A singe object data model (ii) planning embedded in ERP, and (iii) Analytics and Data as a Service (DaaS).
Download the Workday Innovation Showcase following the link below: