Profile: Workday Inc (WDAY.K)
9 Dec 2013
Workday, Inc., incorporated in March 2005, is a provider of enterprise cloud-based applications for human capital management (HCM), payroll, financial management, time tracking, procurement and employee expense management. It is focused on the consumer Internet experience and cloud delivery model. Its applications are designed for global enterprises to manage complex and dynamic operating environments. The Company provides its customers the applications to manage critical business functions for their financial and human capital resources.
The Company’s architecture enables customers to share the same version of its applications while securely partitioning their respective application data. Because customers utilize its information technology (IT) resources and operational infrastructure, this framework reduces the costs of implementation, upgrades, and support.
Object-Oriented Technology Framework
The Company’s applications use objects to represent real-world entities such as employees, benefits, budgets, charts of accounts, and organizations.
In-Memory Data Management
The Company’s use of in-memory processing brings data physically closer to the central processing units and into main memory, eliminating the need to run a disk-seek operation each time a data look-up is performed. This allows for the delivery of embedded business intelligence to facilitate actionable analytics and reporting.
Consumer User Interface (UI)
The Company has built a UI platform that allows it to embrace new UI technologies without needing to rewrite the underlying application logic. It supports all browsers, run natively on Apple’s iOS with applications specifically designed for the iPad and iPhone, and support other mobile platforms such as Android, Windows Mobile and Symbian through its HTML5 client.
The Company offers a set of tools for configuring, managing, monitoring, and optimizing the business processes that organizations rely on to manage their business. It includes over 270 pre-defined business process definitions to help deployments and provide a starting point for additional configuration.
Web Services-based Integration Platform
By offering an enterprise-class, embedded Web services integration platform and toolset at no additional cost, it relieves customers of many of the burdens associated with legacy systems integration and greatly reduce the risk of implementation failures or delays. In addition to open, standards-based Web services application programming interfaces, it provides a growing portfolio of pre-built, packaged integrations and connectors called Integration Cloud Connect.
Security and Audit
The Company endeavors to adhere to the security standards. It voluntarily obtain third party examinations relating to security and data privacy. It delivers configurable, user-level access control policies as well as a comprehensive, always-on auditing service that captures and documents changes to both data elements and business processes.
The Company competes with Oracle Corporation (Oracle), SAP AG (SAP), Ceridian and NetSuite, Inc.
SUITE 200, 6230 STONERIDGE MALL
PLEASANTON CA 94588