PLEASANTON, Calif., October 22, 2021 (GLOBE NEWSWIRE) – Workday inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human ressources, today announced that it has been named a leader in the Gartner Magic Quadrant for HCM Cloud Suites for 1,000+ Employees1. Workday has been recognized as a leader for the sixth consecutive year and has positioned itself as the best for overall ability to execute.
The events of the past 18 months have underscored the importance of having a unified HCM system that can help organizations keep pace with the changing world of work. Over 3,700 clients worldwide, including Acxiom, Aurecon, BMO Financial Group, EMC Insurance Companies, Rocket Companies, Wellesley College, and many more use Workday human capital management (HCM) to gain operational visibility, manage their workforce and meet talent needs while helping them grow and grow their business.
Continuous innovations for the employee experience
Employee experience has risen to the top of the corporate agenda as organizations seek to embrace new working models and invest in ways to maintain employee engagement as labor dynamics evolve. -work.
In March 2021, Workday completed its acquisition of Peakon to help better understand employee experience, career development, and belonging and diversity initiatives. With real-time visibility into the feelings and productivity of employees, as well as their drivers, Workday enables organizations to turn that information into action and make their employees’ voices heard.
Workday has also delivered product innovations that provide customers with a simple, connected and more engaging employee experience with Work everywhere. By bringing Workday tasks and information directly into digital workspaces where employees already do most of their collaboration and communication, they can quickly access Workday without having to switch between different applications.
Increased investments in skills
Amid the recovery from the recession generated by the pandemic, skills have become a critical part of managing and leveraging talent.
Businesses continue to embrace the skills innovations of Workday. To date, over 1,000 organizations use Skills cloud, which is included with Workday HCM, to hire, engage and retain staff more effectively. As customers embrace a skills-based human resources strategy, where employees are valued and rewarded for their skills and how they apply them to create organizational value, they can embed skills into Workday HCM, including Recruitment at work, Learning the working day, Talent market, and Career Hub for a connected talent experience.
1 Gartner “Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises”, by Sam Grinter, Chris Pang, Jeff Freyermuth, Ron Hanscome, Helen Poitevin, Ranadip Chandra, John Kostoulas, October 19, 2021.
Gartner Peer Insights documents customer experience through verified ratings and peer reviews. As of October 22, 2021, Workday customer reviews include:
- “Our priority for our HCM solution is to be able to bring our people-centric data together in one place, which gives us full visibility into the different journeys of our team members. Workday empowers us to better understand, attract, and retain so we can maximize Workday’s configuration flexibility, we can pivot and change as quickly as needed in our ever-changing workspace. – Infrastructure and operations, Finance [read full review]
- “Workday HCM is a comprehensive platform for all HR needs including hiring, onboarding, payroll, performance, benefits, leave management and core HR modules, making it easy [the] human resources team. This tool allows for a lot of customization … and the user interface is intuitive … the ability to integrate with other tools is easy. – Purchasing, purchasing and supplier management [read full review]
- “Workday Human Capital Management is… a complete package with great features that are all in one place. It connects the needs of your organization and helps you manage and deliver the best for better performance and positive growth. – Infrastructures and operations, Services [read full review]
Comment on the news
“The pandemic has shed light on the investments organizations need to make in their people – whether it’s creating engaging employee experiences, moving to competency-based human resource strategies, or providing employees with the tools you need to learn and grow, ”said David Somers, Managing Director, Office of the Director of Human Resources, Workday. “With Workday HCM, customers have an industry-leading unified system that gives them a holistic view of their employees so they can be agile and meet the evolving demands of the new world of work, including keeping the pulse of the workplace. employee experience and attracting and retaining top talent.
Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner makes no warranty, express or implied, with respect to this research, including any warranty of merchantability or fitness for a particular purpose.
Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences and do not represent the views of Gartner or its affiliates.
Working day is a leading provider of enterprise cloud applications for finance and human ressources, helping clients adapt and thrive in a changing world. Workday applications for financial management, human resources, planning, expense management and analytics have been adopted by thousands of organizations around the world and in all industries, from mid-sized businesses to over 50% enterprises. Fortune 500. For more information on Workday, visit workday.com.
© 2021. 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.
Workday forward-looking statements
This press release contains forward-looking statements, including statements regarding Workday’s plans, beliefs and expectations. These forward-looking statements are based solely on information currently available 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 beyond our control. If the risks materialize, if the assumptions prove to be incorrect, or if we experience unexpected changes in circumstances, actual results could differ materially from the results implied by such forward-looking statements, and you should therefore not rely on such forward-looking statements. Risks include, without limitation, the risks described in our filings with the Securities and Exchange Commission (“SEC”), including our Form 10-Q for the fiscal quarter ended July 31, 2021, and our future reports that we could table. with the SEC from time to time, which could cause actual results to differ from expectations. Workday does not assume any obligation to, and does not currently intend to update any forward-looking statements after the date of this release.
Any unpublished 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 provided. as expected or not at all. Customers who purchase Workday services should make their purchasing decisions based on the services, features and functions currently available.