Workday, Inc. - WDAY STOCK NEWS

Workday (NASDAQ: WDAY) has been named a Leader in the 2024 Gartner Magic Quadrant for Financial Planning Software for the third consecutive year. The company's Adaptive Planning solution, enhanced with Workday Illuminate AI, helps financial planning teams deliver more comprehensive plans and forecasts.

The platform enables organizations to transform traditional budgeting with AI-driven enterprise planning, achieve greater agility through scenario analysis, and integrate with various third-party systems. More than 6,500 customers globally, including AWS, Capstone Logistics, and McLaren Racing, use Workday Adaptive Planning to improve their planning and analysis processes.

Customer reviews highlight successful technology transformation, improved efficiency, and enhanced decision-making capabilities through the platform's comprehensive data analysis features.

One Model, a People Analytics leader, has been named a Workday Innovation Partner. This partnership enhances organizations' ability to leverage HR data ecosystems by combining Workday Human Capital Management (HCM) and Workday Adaptive Planning with One Model's expertise in data orchestration, analytics, and AI. The collaboration aims to help customers extract more value from their data and improve people-related decision-making processes. The partnership builds on One Model's decade-long experience supporting Workday customers in people analytics.

Syssero has been named a Workday Services Partner, strengthening its ability to provide customized services and support for Workday solutions. The partnership grants Syssero access to advanced resources and tools to enhance their service offerings, which include Launch Implementation Assistance, Application Managed Services, Project-Based Work, and Permanent Placement Services. As an employee-owned company with a team of former Workday end-users, Syssero specializes in supporting organizations using Workday's Human Capital Management and Financial Management solutions.

Workday (NASDAQ: WDAY) has been named a Leader in the 2024 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises for the third consecutive year. The company serves over 10,500 customers globally across healthcare, financial services, and telecommunications sectors, helping organizations manage their people and finances effectively.

With its AI-powered solution Workday Illuminate™, the company enables customers to accelerate common tasks and transform finance processes. Workday combines HR, finance, and operational data in a single system, providing organizations with real-time insights for business scaling and transformation. The platform offers streamlined core processes, seamless system integration, and predictive financial outcomes capabilities.

Workday (NASDAQ: WDAY) and Compa announced a partnership to integrate real-time compensation market data directly into the Workday platform. This integration aims to replace traditional yearly compensation surveys with up-to-date market intelligence, enabling companies to make more competitive hiring decisions. The partnership will help organizations create talent-winning job offers, improve internal mobility strategies, and promote pay equity. The integration will be available to Workday HCM customers in 2025 at no additional cost.

Workday (NASDAQ: WDAY) has scheduled the announcement of its fiscal 2025 third quarter financial results for Tuesday, November 26, 2024, after market close. The company will host a conference call at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time to discuss financial results and business outlook. A live webcast will be accessible on the Workday Investor Relations site, with the replay available for at least 90 days following the call.

Workday (NASDAQ: WDAY) announces significant expansion in the U.S. public sector market with multiple new city and county government customers. The company's AI-powered platform is being adopted by local governments including Cleveland, Galveston, Missoula, Milwaukee, and North Las Vegas to modernize their workforce management and financial operations. Existing customers like Arlington, Baltimore, and Salt Lake City have expanded their Workday solutions.

The platform addresses critical challenges in public sector administration, including workforce recruitment (with 81% of state and local governments actively hiring), retirement management, and data-driven financial decision-making. Through solutions like Workday Human Capital Management, Peakon Employee Voice, and VIBE™, customers can streamline hiring processes and strengthen employee retention.

Workday (NASDAQ: WDAY) has been named a Leader in the 2024 Gartner Magic Quadrant for Cloud HCM Suites for the ninth consecutive year, positioning highest for Ability to Execute. The company's HCM solution, currently used by over 5,525 organizations, is powered by Workday Illuminate™, their next-generation AI technology built on the world's largest HR and finance dataset. The platform enables organizations to transform work processes with AI, adopt comprehensive workforce strategies, and scale innovation through partnerships. Key features include AI-powered task acceleration, total workforce management integration through Workday VNDLY, and platform extensibility through partnerships with companies like Equifax, Kainos, and Salesforce.

Workday (NASDAQ: WDAY) announced that 28 higher education institutions have implemented Workday Student in 2024, including Iowa State University and Wake Forest University. The platform has managed over 3 million student records, 1.5 million ISIRs, and 3.5 million admissions applications since 2018.

The system integrates with Workday's Financial Management, HCM, Adaptive Planning, and Grants Management solutions, providing real-time insights into academic and administrative operations. Enhanced by Workday Illuminate™, the platform's AI capabilities help streamline administrative tasks and support student success through mobile self-service tools for course registration, financial aid management, and academic tracking.