Workday Unveils Big Data Analytics for HR and Finance
HR and Finance Organizations to Gain New Insights to Make Better
Business Decisions With a Unified, Pre-Packaged Application That
Simplifies Access to Data and Empower Users
PLEASANTON, CA -- (Marketwire) -- 11/06/12 -- Workday, Inc. (NYSE:
WDAY), a leader in enterprise cloud applications for human resources
and finance, today unveiled its plans for Workday Big Data Analytics.
The new application is expected to provide pre-packaged analytics
that enable customers to combine Workday data with third-party data
sources of any type, including big data, all delivered in the cloud.
Tightly unified with the entire Workday suite of enterprise cloud
applications, Workday Big Data Analytics will empower human resources
and finance organizations to make more informed business decisions
based on a holistic view of worker and financial information combined
with any third-party data with limited reliance on IT.
Businesses face a significant challenge to manage and extract
insights from all forms of data that are growing at an exponential
rate inside and outside their organizations. Current industry
solutions lack the critical cloud innovation and core capabilities
they need to derive the insights from data and quickly put them into
simple, easy-to-consume, and actionable dashboards and reports
available to workers anytime, anywhere. Today's business environment
demands that teams across every organizational function have access
to better information to make more informed business decisions.
Transforming the Way Organizations Gain Access to Insights
Workday Big Data Analytics, customers will gain entirely new levels
of insights into their organizations. The new pre-packaged analytics
application will enable Workday customers to combine Workday data
with third-party data sources and deliver information in an
easy-to-consume user interface. Workday Big Data Analytics
incorporates Datameer's Hadoop-driven analytics platform, which
enables users to integrate, analyze, and visualize data of any type,
size, or source. This, combined with Workday's unified platform, is
expected to give customers greater visibility and insight to take
action within their organizations.
Workday Big Data Analytics is intended to del
-- A unified platform: Workday Big Data Analytics will be unified on the
Workday platform to provide a single user experience for workers, a
single security model, and a single source for workforce and financial
insights. With a unified platform, all users can experience the same
simple-to-use analytics -- on a tablet, smartphone, or desktop -- with
Workday Big Data Analytics just as they do across Workday's entire
suite of applications.
-- Pre-packaged application: Workday Big Data Analytics is expected to
come ready with pre-packaged analytics designed to answer pressing
business questions, providing rapid time to value and enabling
customers to easily configure the application to their specific
requirements without any additional coding necessary.
-- Simplified for business user empowerment: Designed for the business
analyst, Workday Big Data Analytics will do away with the rigid ETL
process, allowing business analysts to explore the raw data to
determine what is relevant for their analysis. The spreadsheet-like
interface will empower analysts to change data sources and modify
calculations, and any user can adapt the look and feel of the reports
with little involvement from IT.
-- Lower total cost of ownership: Not only do customers gain all the
benefits of a cloud application, Workday Big Data Analytics' single,
unified platform is designed to decrease the need for IT resources,
because there is no separate software and hardware to buy and manage.
Workday Big Data Analytics is scheduled to be generally available to
Workday customers in the second half of 2013 as an add-on
application, sold separately.
Comments on the News
"We are combining Workday data and any type of
third-party data into our unified platform to create the analytics
and dashboards in the intuitive Workday user experience our customers
have come to expect," said Aneel Bhusri, chairman, co-founder, and
co-chief executive officer, Workday. "With Workday Big Data Analytics
we are re-thinking how insights that lead to better decisions should
be delivered to businesses."
Workday is a leading provider of enterprise cloud
applications for human resources and finance. Founded in 2005,
Workday delivers Human Capital Management, Financial Management
designed for the world's largest organizations. Hundreds of
companies, ranging from medium-sized businesses to Fortune 50
enterprises, have selected Workday.
This document contains forward-looking statements for which there are
risks, uncertainties, and assumptions. If the risks materialize or
assumptions prove incorrect, Workday's business results and
directions could differ materially from results implied by the
forward-looking statements. Forward-looking statements include any
statements concerning new features, enhancements or upgrades to our
existing applications or plans for future applications; and any
statements of belief. Further information on risks that could affect
Workday's results is included in our filings with the Securities and
Exchange Commission which are available on the Workday investor
relations webpage: www.workday.com/investorrelations. Workday assumes
no obligation for and does not intend to update any forward-looking
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, Inc. services should make their purchase
decisions based upon services, features and functions that are
Copyright 2012. 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.
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