Workday, Inc.
 |
|
| Public | |
| Traded as | : WDAY |
| Industry | Software |
| Founded | March 2005 |
| Founders | Dave Duffield and Aneel Bhusri |
| Headquarters | Pleasanton, California, United States |
|
Number of locations
|
30+ |
|
Area served
|
Global |
|
Key people
|
Dave Duffield, Co-founder, Co-CEO and Chief Customer Advocate Aneel Bhusri, Co-founder and Co-CEO |
| Products | Human capital management, payroll, and financial management |
| Services | Online software |
| Revenue |
 US$1.16 billion (2016) |
 US$-264.65 million (2016) |
|
|
US$-289.91 million (2016) |
|
| Total assets |
US$2.73 billion (2016) |
| Total equity |
US1.13 billion (2016) |
|
Number of employees
|
5,600 |
| Website | www |
Workday, Inc. is an on‑demand (cloud-based) financial management and human capital management software vendor. It was founded by David Duffield, the founder and former CEO of the ERP company PeopleSoft, and former PeopleSoft chief strategist Aneel Bhusri following Oracle's hostile takeover of PeopleSoft in 2005. It targets the customers of rivals Oracle or SAP. In October 2012, it launched a successful initial public offering that valued the company at $9.5 billion.
Workday was founded in March 2005 and launched in November 2006. Initially, it was funded by Duffield and venture capital firm Greylock Partners. In December 2008, Workday moved its headquarters from Walnut Creek to Pleasanton, where PeopleSoft, founder Duffield's prior company, was located. Workday sells software and services using the SaaS model.
On February 6, 2008, Workday announced that it had reached a definitive agreement to purchase Cape Clear Software In May 2008, Workday signed a large contract with Flextronics to provide human capital management software services. Other large, multinational companies that have publicly disclosed contracts or deployments of Workday include Aviva,Chiquita Brands,CAE Inc., Fairchild Semiconductor,Rentokil Initial,Thomson Reuters, and Time Warner.
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