The co-CEO model might be dead and gone at fellow cloud powerhouses Oracle, Salesforce and SAP, but Workday last week revived the unconventional management structure to allow co-founder and now-co-CEO Aneel Bhusri more time to focus on products and strategy. Bhusri’s new partner in leading Workday into the challenging future is Chano Fernandez, who prior
With strong Q2 results pushing Workday’s stock price up 13% in a single day, company leaders cited the debilitating limitations and shortcomings of legacy systems as a leading factor in the recent surge to the cloud for many businesses. While Workday executives in last week’s earnings call did not specifically mention the company’s two primary
As SaaS powerhouse Workday helps thousands of customers around the world deal with the COVID-19 crisis, chief people officer Ashley Goldsmith is leading Workday’s own efforts to carefully orchestrate a return to work with its overriding priority of employee safety. “For Workday, employee safety and well-being has been and always will be our top priority.
With its own commitment to great customer service intensified by Oracle’s undeniably strong momentum in HCM, Workday is rolling out a program to help large customers deploy new applications more quickly and at lower cost. While the program has been in place for a couple of years for mid-sized enterprises, big corporations have been telling
With Oracle declaring its intentions to displace Workday as the world leader in cloud HCM, Larry Ellison last week claimed that industry analysts rate his Fusion HCM applications as superior to Workday’s HCM solutions. (See Oracle Calls Out Workday on HCM Growth, Customer-Sat Scores, Loss of Goldman Sachs.) That’s not a surprising claim from Ellison—every
Larry Ellison says Oracle will displace longtime #1 Workday in cloud HCM on the strength of Oracle’s higher HCM growth rates, higher customer-sat rankings from analysts and its conversion of Goldman Sachs as a major HCM customer. Citing another trend as Oracle’s friend, Ellison said that more and more customers who are buying cloud ERP
While you’d expect Workday CEO Aneel Bhusri to tout cloud technology over traditional IT, Bhusri said yesterday that the limitations of on-premises systems are hampering the recovery efforts of companies that haven’t moved to the cloud. Last week, as Workday reported that quarterly revenue topped $1 billion, Bhusri mentioned on the earnings call that the
Workday is reinforcing the battles lines in the Cloud Wars as it tightens its long-standing alliances with Microsoft and Salesforce, highlights the shortcomings of on-premises apps during COVID-19 and exceeds $1 billion in quarterly revenue for the first time. The upshot is that Workday’s becoming even more of a power player in the Cloud Wars.
As Workday continues to thrive against much-larger competitors, CEO Aneel Bhusri has been hammering home his belief that Oracle and SAP simply cannot match Workday’s ability to drive high levels of success for the world’s largest corporations. Workday releases its fiscal Q1 earnings later today. And I think it’s highly likely that Bhusri will once
As the global disruption of COVID-19 (or coronavirus) intensifies, major tech vendors are reaching out in a variety of ways to support and engage with employees, contractors and other stakeholders. This is the first in an ongoing series exploring those responses. While no doubt all of the superb companies in the Cloud Wars Top 10