Workday Unveils Big Data Analytics for HR and Finance

Tue Nov 6, 2012 4:05pm EST

* Reuters is not responsible for the content in this press release.

  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
eric.glass@workday.com 

Copyright 2012, Marketwire, All rights reserved.

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