Positioned as a Leader for Fifth Year in a Row, Achieved Highest Overall Position for Ability to Execute
Workday, Inc. (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, announced it has been named a Leader in the Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises. Workday was recognized as a Leader for the fifth consecutive year and positioned the highest for overall Ability To Execute.
Now more than ever, businesses are relying on Workday Human Capital Management (HCM) to respond to rapidly changing conditions—whether they stem from COVID-19, a renewed focus on belonging and diversity, or a shifting business landscape. More than 7,700 customers, including Club Med, Dow Chemical, The Home Depot, Humana, Mastercard, Tokyo Electron, and Wegmans, use Workday not only to manage through change but also to quickly adapt and thrive in a changing world.
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Continuous Innovation
Workday continues to deliver on its product vision and innovate in a way that is transforming the HCM technology market. With machine learning woven into its underlying platform, Workday developed a unique skills foundation that is driving a fundamental shift in how organizations optimize talent to meet evolving business needs. By redefining what an HR system should be—intelligent, engaging, and enabling—Workday HCM has advanced well beyond traditional systems of record to help customers improve organizational agility and drive success in a skills-based economy.
Over the past year, Workday has delivered several new products and solutions to help customers meet ever-changing needs. Workday Help, which provides HR case creation and management, and Workday Journeys, which offers concierge-style guidance to assist people through moments that matter, enhance the Workday People Experience with hyper-personalization to help employers better engage and support their employees. Workday People Analytics, an augmented analytics application, can identify top workforce risks and opportunities and deliver these insights in an easy-to-digest story form. Workday Extend enables customers and partners to build applications and extensions on top of Workday to meet their unique business needs.
Additionally, Workday Services provided more than 125 contributed solutions to help companies continue remote work and safely return workers to the workplace amidst the pandemic. And to support organizations joining the fight against racism and social injustice, Workday launched VIBE Central and VIBE Index solutions to help employers create more equitable and inclusive workplaces.
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Execution That Enables Customer Success
Workday continues to experience strong customer adoption globally, and has been deployed in more than 170 countries. To ensure that the Workday customer community—which represents more than 45 million workers—is fully supported, the company has expanded its partner ecosystem to more than 200 software partner firms and more than 13,500 total certified resources.
With more than 70 percent of customers live on Workday applications and realizing value, Workday has continued to make advancements in scale with successful deployments for enterprises ranging from hundreds of thousands of employees to upwards of a million—the largest scale cloud core HCM deployment that has ever been achieved with a single enterprise on a single tenant.
Workday’s ongoing commitment to customer satisfaction and success has driven various new initiatives to improve the customer experience and keep clients current on the newest technologies available. For example, subscription-based Workday Success Plans allows customers to choose from a mix of education, tools, and services that suit their people, learning style, and business goals. Workday also strives to ensure customers are enabled to adopt new updates released every six months.