Workday, Inc., the provider of enterprise cloud applications for human resources and finance, today announced its plans to deliver Workday Payroll for the UK and Workday Payroll for France. Workday continues to build out on the offerings in its completely cloud-based financial suite by offering these full-featured payroll solutions. The announcement states that general availability of Workday Payroll for the UK will come in 2015 and Workday Payroll for France will roll out in 2016. Read the rest of this entry »
Workday, Inc., a leading provider of cloud applications for human resources (HR) and finance, unwrapped its latest update, Workday 19. In total, Workday 19 includes more than 170 new features, with approximately 70 coming from the Workday Brainstorm forum. Each Workday upgrade adds more capabilities, and Workday 19 is no different. The Workday press release doesn’t do justice to these new features, but I attended Workday’s analyst briefing and will give more insight into the new features.
Highlights of the Workday 19 release include the following: Read the rest of this entry »
In an analyst webinar, Workday announced Update 18 of its Workday solution, which proposes enhancements for financial management, workforce engagement, performance management, and flexibility. In 2012, Workday had three significant updates demonstrating sustained efforts to advance its product at a fast pace. Furthermore, the update contains more than 100 new items, 60 of which address client feedback that was collected through the Workday’s Brainstorm online customer community. Read the rest of this entry »
One of the major announcements at the recently held Workday Rising 2012 conference was that Workday will develop its own talent acquisition suite from scratch and deliver it in early 2014. This is a major departure from the vendor’s signature policy not to announce any vaporware. But, during the Workday Technology Summit (which preceded the conference), Workday executives said they needed to make the announcement out of consideration for their existing customers as to what to do about their recruiting software plans. To be fair, Workday has always delivered its solutions as promised on time. Read the rest of this entry »
At the recently held Workday Rising 2012 conference, Workday unveiled big data analytics for its users in human resources (HR) and financial departments. Workday plans to deliver big data capabilities (with no hardware required) to map and process external data sources and streams. Read the rest of this entry »
In a slew of announcements at the recently held Workday Rising 2012 user conference, one major theme has been that Workday, the cloud software company that initially started with providing human resource management system (HRMS) and which later added payroll software, now has 40 financial management customers as well (10 percent of its customer base). Most recently, the roster of Workday Financial Management customers has been joined by the University of Rochester, TripAdvisor, and J.B. Hunt.
Workday 18 Financial Management
The recently released Workday 18 had major Workday Financial Management application enhancements to bring more global capabilities to large multinational organizations, together with advanced industry-specific functionality (see the related PR). Some advancements to Workday Financial Management included the following: Read the rest of this entry »
Also today at Dreamforce, Salesforce announced Work.com, “a social performance management platform that helps companies align, motivate, and drive performance.” Salesforce partners with Workday, an important player in the HCM market, to offer functionalities meant to support and motivate sales and service teams. The system facilitates the communication and instant feedback between employees that work toward achieving common goals. In addition, employee performance can be easily assessed and rewarded. Perhaps the next development from Salesforce will be the integration of a social recruiting tool.
Industrial lubricants manufacturer IRMCO selects ProcessPro Premier ERP software
Industry tags: manufacturing
“This case is a textbook example of an improperly selected ERP system that needed to be replaced. The manufacturer, which operates in a process-based production environment, has finally found an appropriate system that is specifically designed for this type of manufacturing: ProcessPro Premier. The company’s previous system was primarily focused on discrete manufacturing, and it required multiple workarounds and manual business processes. Certainly, the resulting business information wasn’t sufficiently integrated and the system wasn’t very convenient. ProcessPro Premier is supposed to fix all these issues, as well as bring new features that weren’t previously available.” — Aleksey Osintsev, TEC Analyst.
Internet marketing firm selects KeyedIn Solutions
Industry tags: Internet marketing, project portfolio management, project management
“Single Throw, an Internet marketing company, has selected KeyedInProjects to support the company’s growing project portfolio. Single Throw needed a solution with project management capabilities to manage hundreds of projects and integrate with third-party solutions. KeyedInProjects is a flexible, scalable, and full-featured application suite for project management, PPM, program management, and professional service automation (PSA). According to Elayne Attara, VP of operations at Single Throw, KeyedIn Solutions have ‘enabled better organizational structure and better communications,’ which will result in ‘better service delivery across the board.’” — Ted Rohm, TEC Analyst Read the rest of this entry »
Unlike traditional business intelligence (BI) solutions, which aim to analyze historical data with a focus on strategic decision-making support, operational intelligence solutions are designed to bring users support in the analysis and visibility of their business operations. Operational intelligence solutions are becoming key components of an organization’s set of tools for data analysis and decision support. So what are the specific benefits and general features of these types of applications? And how can they benefit your organization?
Part 1 of this blog series started by expressing the “New Infor” sentiments (backed up with concrete examples and rationale) following my recent attendance of Inforum 2012. Then the article provided some historical background and described the lineage of the products that currently form the Infor10 HCM portfolio.
The article also detailed some technical and organizational issues on both the former heritage Infor and Lawson Software’s human resource (HR) and talent management products’ side. In light of these issues, which were discussed in Part 1, it is small wonder that some market observers have wondered whether Infor can make sense out of this daunting inheritance of a portfolio. Read the rest of this entry »
Part 1 of this blog series described the genesis and current state of affairs of Workday – a novel company that was founded in March 2005 and launched in November 2006 by two great IT minds and PeopleSoft alumni: Dave Duffield and Aneel Bhusri. Part 2 of this series then got under the hood and analyzed Workday’s secret sauce: its object-oriented and in-memory database (IMDB) and definitional services approach, which involves no coding by developers.
The final part of this series will discuss who should be a good fit for Workday and who might not, and why.
The 2011 holiday shopping season seems to have arrived a bit sooner for SAP, who forked out US$3.4 billion for SuccessFactors during the first weekend of December 2011 (see SAP’s official press release). Another curiosity of the acquisition is that it took place on Saturday, which hasn’t prevented bloggers and twitterers from swiftly contributing with their off-the-cuff opinions.
Part 1 of this blog series described the genesis and current state of affairs of Workday – a novel company that was founded in March 2005 and launched in November 2006 by two great IT minds and notable PeopleSoft alumni: Dave Duffield and Aneel Bhusri. For a few years now I’ve been listening to a slew of otherwise hard-to-please analysts and bloggers raving about this software company that has purportedly finally overcome the traditional shortcomings of enterprise resource planning (ERP) systems of the 1990s.
One of Workday’s earlier marketing slogans said that it was the first new business management solution to come to market “since the Web turned 2.0, Sarbanes met Oxley, and the world became flat.” In fact, Workday is a younger company than Facebook. The vendor says that its biggest distinguishing factor over traditional ERP platforms is its inherent flexibility, most notably its ability to logically reorganize personnel in a global organization on the fly as required.
In 2005, after his PeopleSoft venture ended (successfully in financial terms, at least), I was sure that Dave Duffield would not sit still for long. And in fact, I’ve been listening to a slew of otherwise hard-to-please analysts and bloggers raving about Workday for a few years now – this company that was founded in March 2005 and launched in November 2006 by two great IT minds and PeopleSoft alumni: Dave Duffield and Aneel Bhusri.
Dave Duffield is Workday’s co-CEO, co-founder, and chief customer advocate. As mentioned earlier, he was co-founder, CEO, and chairman at PeopleSoft, and Workday is the fifth company that he has founded (see his full bio here). Aneel Bhusri is Workday’s co-CEO and co-founder (he was vice chairman at PeopleSoft). Aneel was named #15 on the 2011 Forbes Midas list (see his full bio here as well as other Workday leadership bios here).
Indeed, David Dobrin, Naomi Bloom, Ray Wang, Vinnie Mirchandani, Dennis Howlett, Dana Gardner, Nick Carr, Mike Krigsman, Jason Busch, Phil Wainewright, and Brian Sommer are only a few of the renowned market observers that have been talking, blogging, tweeting, and whatnot about Workday as possibly the best invention since sliced bread. Naturally, the skeptic in me has wondered what all this fuss and adulation was about. For some flavor, here are the blog posts on Workday by Dennis Howlett of ZDNet, Nick Carr of the Rough Type blog, and Vinnie Mirchandani of Deal Architect, and these seasoned and discerning fellas are not easily impressed.
I finally had a deeper look at Workday at the recent Dreamforce 2011 conference by salesforce.com (where Workday had a noted presence at the expo floor), and the vendor’s conceptual design and approach is beyond reproach. In many ways, Workday can be viewed as the next generation of good-old PeopleSoft enterprise applications. Like its predecessor, the company started with a set of best-of-breed applications around human capital management (HCM).
The first part of this blog series described the opportunity for software as a service (SaaS) or on-demand enterprise applications, especially in the current difficult economic milieu. But before any vendor can embark on delivering a SaaS offering, it must understand several misconceptions about SaaS.
Part two then analyzed the first two of the top five SaaS assumptions that Gartner recently outlined in its research. Read the rest of this entry »