New Program Empowers Workday Partners to Scale
Innovation and Help Customers Realize Greater Value from the
Workday Platform
LAS
VEGAS, June 5, 2024 /PRNewswire/ -- Workday,
Inc. (NASDAQ: WDAY), a leading provider of solutions to help
organizations manage their people and money, today announced Built
on Workday, a new program that will enable partners to easily
build, centrally manage, and market trusted finance and HCM apps
that extend the power of the Workday platform. With a "build once,
distribute to many" approach, Built on Workday will enable partners
to accelerate their revenue without scaling cost, while empowering
customers to discover an entirely new range of solutions tailored
to their specific needs.
Announced at Workday DevCon 2024, the company's annual developer
conference, Built on Workday will empower partners to create
purpose-built apps that address customers' business and industry
challenges, and monetize them via Workday Marketplace. With
solutions for finance, people processes, planning, payroll, skills
transformation, workforce management, spend management, as well as
industry solutions for financial services, healthcare, higher
education, public sector, retail, and more, Built on Workday will
enable customers to get even more value from their Workday
investments.
"Today's rapidly evolving business climate requires us to remain
a step ahead of our customers. That takes more than just innovating
at Workday – it takes enabling innovation for our partners as
well," said Matthew Brandt, senior
vice president, global partners, Workday. "Built on Workday is the
latest example of our efforts to extend the power of the Workday
platform by working with our partners to continue meeting the
evolving needs of our customers."
"Our collaboration with Workday is a testament to our shared
commitment to innovation and customer value," said Claudio Valera, Workday alliance leader, PwC
U.S. "Tools like Built on Workday, combined with our deep industry
expertise, will help us create tailored solutions to meet our
clients' unique needs and help them realize their
potential."
Availability
Built on Workday will be available to select early adopter
partners this month, with more partners joining in the second half
of 2024.
For more information on Built on Workday, Workday partners can
visit here or reach out to their partner manager at Workday.
About Workday
Workday is a leading enterprise platform that helps
organizations manage their most important assets – their
people and money. The Workday platform is built with AI at the
core to help customers elevate people, supercharge work, and move
their business forever forward. Workday is used by more than 10,500
organizations around the world and across industries – from
medium-sized businesses to more than 60% of the Fortune 500. For
more information about Workday, visit workday.com.
© 2024 Workday, Inc. All rights reserved. Workday and the
Workday logo are registered trademarks of Workday, Inc. All other
brand and product names are trademarks or registered trademarks of
their respective holders.
Forward-Looking Statements
This press release contains forward-looking statements
including, among other things, statements regarding Workday's
full-year and second quarter fiscal 2025 subscription revenue and
non-GAAP operating margin, growth, demand, strategy, and
investments. These forward-looking statements are based only on
currently available information and our current beliefs,
expectations, and assumptions. Because forward-looking statements
relate to the future, they are subject to risks, uncertainties,
assumptions, and changes in circumstances that are difficult to
predict and many of which are outside of our control. If the risks
materialize, assumptions prove incorrect, or we experience
unexpected changes in circumstances, actual results could differ
materially from the results implied by these forward-looking
statements, and therefore you should not rely on any
forward-looking statements. Risks include, but are not limited to:
(i) breaches in our security measures or those of our third-party
providers, unauthorized access to our customers' or other users'
personal data, or disruptions in our data center or computing
infrastructure operations; (ii) service outages, delays in the
deployment of our applications, and the failure of our applications
to perform properly; (iii) privacy concerns and evolving domestic
or foreign laws and regulations; (iv) the impact of continuing
global economic and geopolitical volatility on our business, as
well as on our customers, prospects, partners, and service
providers; (v) any loss of key employees or the inability to
attract, train, and retain highly skilled employees; (vi)
competitive factors, including pricing pressures, industry
consolidation, entry of new competitors and new applications,
advancements in technology, and marketing initiatives by our
competitors; (vii) our reliance on our network of partners to drive
additional growth of our revenues; (viii) the regulatory, economic,
and political risks associated with our domestic and international
operations; (ix) adoption of our applications and services by
customers and individuals, including any new features,
enhancements, and modifications, as well as our customers' and
users' satisfaction with the deployment, training, and support
services they receive; (x) the regulatory risks related to new and
evolving technologies such as AI and our ability to realize a
return on our development efforts; (xi) our ability to realize the
expected business or financial benefits of any acquisitions of or
investments in companies, (xii) delays or reductions in information
technology spending; and (xiii) changes in sales, which may not be
immediately reflected in our results due to our subscription model.
Further information on these and additional risks that could affect
Workday's results is included in our filings with the Securities
and Exchange Commission ("SEC"), including our most recent report
on Form 10-Q or Form 10-K and other reports that we have filed and
will file with the SEC from time to time, which could cause actual
results to vary from expectations. Workday assumes no obligation
to, and does not currently intend to, update any such
forward-looking statements after the date of this release, except
as required by law.
Any unreleased services, features, or functions referenced in
this document, our website, or other press releases or public
statements that are not currently available are subject to change
at Workday's discretion and may not be delivered as planned or at
all. Customers who purchase Workday services should make their
purchase decisions based upon services, features, and functions
that are currently available.
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SOURCE Workday Inc.