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Workday Ventures' Latest AI Investments Fuel Innovation for Workday Customers and the Industry

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Workday Ventures, the strategic capital arm of Workday, Inc. (NASDAQ: WDAY), has announced continued AI momentum with 10 new investments since early 2023. These investments focus on AI innovations to help organizations advance and are part of Workday's commitment to elevating humans and enhancing work efficiency.

The investments target two main areas:

  • Accelerating the Future of Work: Investments in companies like Censia, Glean, Nayya, Sana, TechWolf, and Uplimit aim to drive productivity and improve decision-making in workforce management.
  • Simplifying Business Processes: Investments in Benepass, Oro Labs, Tesorio, and Vanta focus on streamlining operations and enhancing efficiency.

Many of these portfolio companies are expanding customer access to new technologies through the Built on Workday program and Workday AI Marketplace.

Workday Ventures, la divisione di capitale strategico di Workday, Inc. (NASDAQ: WDAY), ha annunciato un continuo slancio nell'ambito dell'IA con 10 nuovi investimenti dall'inizio del 2023. Questi investimenti si concentrano sulle innovazioni IA per aiutare le organizzazioni a progredire e fanno parte dell'impegno di Workday a elevare gli esseri umani e migliorare l'efficienza lavorativa.

Gli investimenti mirano a due aree principali:

  • Accelerare il Futuro del Lavoro: Gli investimenti in aziende come Censia, Glean, Nayya, Sana, TechWolf e Uplimit puntano a incrementare la produttività e migliorare il processo decisionale nella gestione della forza lavoro.
  • Semplificare i Processi Aziendali: Gli investimenti in Benepass, Oro Labs, Tesorio e Vanta si concentrano sulla semplificazione delle operazioni e sul miglioramento dell'efficienza.

Molte di queste aziende del portafoglio stanno ampliando l'accesso dei clienti a nuove tecnologie tramite il programma Built on Workday e il Workday AI Marketplace.

Workday Ventures, la división de capital estratégico de Workday, Inc. (NASDAQ: WDAY), ha anunciado un continuo impulso en IA con 10 nuevas inversiones desde principios de 2023. Estas inversiones se enfocan en innovaciones de IA para ayudar a las organizaciones a avanzar y son parte del compromiso de Workday de elevar a los humanos y mejorar la eficiencia laboral.

Las inversiones se dirigen a dos áreas principales:

  • Acelerar el Futuro del Trabajo: Las inversiones en empresas como Censia, Glean, Nayya, Sana, TechWolf y Uplimit tienen como objetivo impulsar la productividad y mejorar la toma de decisiones en la gestión de la fuerza laboral.
  • Simplificar los Procesos Empresariales: Las inversiones en Benepass, Oro Labs, Tesorio y Vanta se centran en optimizar las operaciones y mejorar la eficiencia.

Muchas de estas empresas del portafolio están ampliando el acceso del cliente a nuevas tecnologías a través del programa Built on Workday y el Workday AI Marketplace.

워크데이 벤처스(Workday Ventures)는 워크데이, Inc. (NASDAQ: WDAY)의 전략적 자본 부문으로, 2023년 초 이후로 10개의 새로운 인공지능 투자 발표를 통해 AI 분야에서의 계속적인 발전을 알렸습니다. 이러한 투자는 조직들이 발전할 수 있도록 돕는 인공지능 혁신에 초점을 맞추며, 인간을 높이고 업무 효율성을 향상시키기 위한 워크데이의 노력의 일환입니다.

투자는 두 가지 주요 분야를 겨냥하고 있습니다:

  • 일의 미래 가속화: Censia, Glean, Nayya, Sana, TechWolf 및 Uplimit와 같은 기업에 대한 투자로 생산성을 높이고 인력 관리에서 의사 결정을 개선하는 것을 목표로 하고 있습니다.
  • 비즈니스 프로세스 단순화: Benepass, Oro Labs, Tesorio 및 Vanta에 대한 투자는 운영을 간소화하고 효율성을 향상시키는 데 중점을 두고 있습니다.

포트폴리오의 많은 기업들이 Built on Workday 프로그램과 Workday AI Marketplace를 통해 고객들에게 새로운 기술에 대한 접근성을 확대하고 있습니다.

Workday Ventures, la branche de capital stratégique de Workday, Inc. (NASDAQ: WDAY), a annoncé une dynamique continue dans l'IA avec 10 nouveaux investissements depuis le début de 2023. Ces investissements sont axés sur les innovations en IA pour aider les organisations à progresser et font partie de l'engagement de Workday à valoriser les humains et à améliorer l'efficacité au travail.

Les investissements ciblent deux domaines principaux :

  • Accélérer l'Avenir du Travail : Les investissements dans des entreprises telles que Censia, Glean, Nayya, Sana, TechWolf et Uplimit visent à augmenter la productivité et à améliorer la prise de décision dans la gestion des ressources humaines.
  • Simplifier les Processus d'Affaires : Les investissements dans Benepass, Oro Labs, Tesorio et Vanta se concentrent sur l'optimisation des opérations et l'amélioration de l'efficacité.

Bon nombre de ces entreprises du portefeuille élargissent l'accès des clients à de nouvelles technologies grâce au programme Built on Workday et au Workday AI Marketplace.

Workday Ventures, der strategische Kapitalbereich von Workday, Inc. (NASDAQ: WDAY), hat mit 10 neuen Investitionen seit Anfang 2023 einen kontinuierlichen AI-Aufschwung angekündigt. Diese Investitionen konzentrieren sich auf KI-Innovationen, um Organisationen bei ihrem Fortschritt zu unterstützen und sind Teil des Engagements von Workday, Menschen zu fördern und die Arbeits-effizienz zu steigern.

Die Investitionen richten sich auf zwei Hauptbereiche:

  • Die Zukunft der Arbeit beschleunigen: Investitionen in Unternehmen wie Censia, Glean, Nayya, Sana, TechWolf und Uplimit zielen darauf ab, die Produktivität zu steigern und die Entscheidungsfindung im Workforce Management zu verbessern.
  • Geschäftsprozesse vereinfachen: Investitionen in Benepass, Oro Labs, Tesorio und Vanta konzentrieren sich darauf, Abläufe zu optimieren und die Effizienz zu erhöhen.

Viele dieser Portfoliounternehmen erweitern den Zugang der Kunden zu neuen Technologien über das Programm Built on Workday und den Workday AI Marketplace.

Positive
  • Workday Ventures made 10 new AI investments since early 2023, showing strong commitment to AI innovation
  • Investments focus on improving workforce management and simplifying business processes, potentially enhancing Workday's product offerings
  • Portfolio companies can integrate with Workday's ecosystem through the Built on Workday program and Workday AI Marketplace, potentially increasing value for Workday customers
Negative
  • None.

Investments in Next-Generation AI Companies Reinforce Workday's Commitment to Elevating Humans and Supercharging Work

LAS VEGAS, Sept. 18, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, today announced continued AI momentum with Workday Ventures, the strategic capital arm of Workday, Inc. Workday Ventures has made 10 new AI investments since the beginning of 2023, as part of its focus on AI innovations that help organizations move forever forward.

"There is incredible opportunity in front of us, including the many ways Workday Ventures can help accelerate and connect the latest AI innovations to Workday's growing ecosystem of customers, partners, and employees," said Michael Magaro, senior vice president, corporate growth, Workday. "By partnering with visionary AI companies, we are investing in the latest technologies that will help drive our customers and the industry forward."

Accelerating the Future of Work with AI. Workday Ventures invests in organizations delivering the latest AI technologies to drive productivity and improve business decision-making to support evolving workforce needs, including sourcing, retaining, and developing talent. Recent investments include:

  • Censia, a talent intelligence platform that brings AI-enabled skills data and insights to employees and HR teams, all within systems like Workday.
  • Glean, the Work AI platform connected to all company data, enabling everyone at work to find knowledge, generate content, and automate tasks with AI.
  • Nayya, a benefits intelligence platform that enables employees to choose and engage with their benefits.
  • Sana, an AI company transforming how organizations share and access knowledge.
  • TechWolf, an AI-based skills infrastructure company that provides organizations with the data to identify and develop the skills of their workforce.
  • Uplimit, an AI-driven online learning platform revolutionizing education creation and delivery.

Simplifying Business Processes with AI. Workday Ventures is investing in solutions that help customers simplify and streamline business processes to help organizations move faster and more effectively. Recent investments include:

  • Benepass, a flexible benefits platform that consolidates pre- and post-tax spending accounts onto a single Visa card.
  • Oro Labs, a procurement orchestration, intake management, and supplier onboarding platform.
  • Tesorio, an AI-powered connected finance operations platform that aggregates company-wide data to drive actionable insights and end-to-end automation, enhancing cash flow management, order-to-cash, and collaboration to drive capital efficient business growth.
  • Vanta, a trust management platform that helps organizations automate their security and compliance processes.

Workday Ventures' portfolio companies are expanding the ways customers can access new technologies as part of the Built on Workday program, which enables them to build, manage, and market apps to customers via Workday Marketplace. Several Workday Ventures companies are also featured in Workday AI Marketplace, which requires AI solutions to demonstrate adherence to the Workday Responsible AI Governance Framework.

About Workday
Workday is a leading enterprise platform that helps organizations manage their most important assets – their people and money. The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 10,500 organizations around the world and across industries – from medium-sized businesses to more than 60% of the Fortune 500. For more information about Workday, visit workday.com.

© 2024 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.

Forward-Looking Statements
This press release contains forward-looking statements including, among other things, statements regarding Workday's plans, beliefs, and expectations. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission ("SEC"), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law.

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 services should make their purchase decisions based upon services, features, and functions that are currently available.

(PRNewsfoto/Workday)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/workday-ventures-latest-ai-investments-fuel-innovation-for-workday-customers-and-the-industry-302251553.html

SOURCE Workday Inc.

FAQ

How many new AI investments has Workday Ventures made since the beginning of 2023?

Workday Ventures has made 10 new AI investments since the beginning of 2023.

What are the main focus areas of Workday Ventures' recent AI investments?

Workday Ventures' recent AI investments focus on two main areas: accelerating the future of work and simplifying business processes.

Can you name some of the companies Workday Ventures (WDAY) has invested in recently?

Some of the companies Workday Ventures has recently invested in include Censia, Glean, Nayya, Sana, TechWolf, Uplimit, Benepass, Oro Labs, Tesorio, and Vanta.

How can Workday Ventures' portfolio companies integrate with Workday's ecosystem?

Workday Ventures' portfolio companies can integrate with Workday's ecosystem through the Built on Workday program and the Workday AI Marketplace.

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