Workday Unveils Big Data Analytics for HR and Finance
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PLEASANTON, CA, Nov 06 (Marketwire) -- Workday, Inc. (NYSE: WDAY), a leader in enterprise cloud applications for human resources and finance, today unveiled its plans for Workday Big Data Analytics. The new application is expected to provide pre-packaged analytics that enable customers to combine Workday data with third-party data sources of any type, including big data, all delivered in the cloud. Tightly unified with the entire Workday suite of enterprise cloud applications, Workday Big Data Analytics will empower human resources and finance organizations to make more informed business decisions based on a holistic view of worker and financial information combined with any third-party data with limited reliance on IT. Businesses face a significant challenge to manage and extract insights from all forms of data that are growing at an exponential rate inside and outside their organizations. Current industry solutions lack the critical cloud innovation and core capabilities they need to derive the insights from data and quickly put them into simple, easy-to-consume, and actionable dashboards and reports available to workers anytime, anywhere. Today's business environment demands that teams across every organizational function have access to better information to make more informed business decisions. Transforming the Way Organizations Gain Access to Insights With Workday Big Data Analytics, customers will gain entirely new levels of insights into their organizations. The new pre-packaged analytics application will enable Workday customers to combine Workday data with third-party data sources and deliver information in an easy-to-consume user interface. Workday Big Data Analytics incorporates Datameer's Hadoop-driven analytics platform, which enables users to integrate, analyze, and visualize data of any type, size, or source. This, combined with Workday's unified platform, is expected to give customers greater visibility and insight to take action within their organizations. Workday Big Data Analytics is intended to deliver: -- A unified platform: Workday Big Data Analytics will be unified on the Workday platform to provide a single user experience for workers, a single security model, and a single source for workforce and financial insights. With a unified platform, all users can experience the same simple-to-use analytics -- on a tablet, smartphone, or desktop -- with Workday Big Data Analytics just as they do across Workday's entire suite of applications. -- Pre-packaged application: Workday Big Data Analytics is expected to come ready with pre-packaged analytics designed to answer pressing business questions, providing rapid time to value and enabling customers to easily configure the application to their specific requirements without any additional coding necessary. -- Simplified for business user empowerment: Designed for the business analyst, Workday Big Data Analytics will do away with the rigid ETL process, allowing business analysts to explore the raw data to determine what is relevant for their analysis. The spreadsheet-like interface will empower analysts to change data sources and modify calculations, and any user can adapt the look and feel of the reports with little involvement from IT. -- Lower total cost of ownership: Not only do customers gain all the benefits of a cloud application, Workday Big Data Analytics' single, unified platform is designed to decrease the need for IT resources, because there is no separate software and hardware to buy and manage. Availability Workday Big Data Analytics is scheduled to be generally available to Workday customers in the second half of 2013 as an add-on application, sold separately. Comments on the News "We are combining Workday data and any type of third-party data into our unified platform to create the analytics and dashboards in the intuitive Workday user experience our customers have come to expect," said Aneel Bhusri, chairman, co-founder, and co-chief executive officer, Workday. "With Workday Big Data Analytics we are re-thinking how insights that lead to better decisions should be delivered to businesses." About Workday Workday is a leading provider of enterprise cloud applications for human resources and finance. Founded in 2005, Workday delivers Human Capital Management, Financial Management designed for the world's largest organizations. Hundreds of companies, ranging from medium-sized businesses to Fortune 50 enterprises, have selected Workday. This document contains forward-looking statements for which there are risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, Workday's business results and directions could differ materially from results implied by the forward-looking statements. Forward-looking statements include any statements concerning new features, enhancements or upgrades to our existing applications or plans for future applications; and any statements of belief. Further information on risks that could affect Workday's results is included in our filings with the Securities and Exchange Commission which are available on the Workday investor relations webpage: www.workday.com/investorrelations. Workday assumes no obligation for and does not intend to update any forward-looking statements. 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, Inc. services should make their purchase decisions based upon services, features and functions that are currently available. Copyright 2012. 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. Media Contact Information Eric Glass Workday (415) 432-3056 email@example.com Copyright 2012, Marketwire, All rights reserved. -0-
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