This week and next we’re going to see some big news from the three biggest companies in HR Technology. In this podcast I explain what Workday announced last week and give you a sneak preview (nothing confidential) about what’s coming from SAP and LinkedIn. The message is pretty clear: Gen AI is not only here ... Read more»
Today at the Rising conference Workday introduced a range of new generative AI features, all described as “Workday AI.” This is part of a major trend: enterprise software companies adding Gen AI features to their products.
The first message from Workday is that the company has been doing AI and machine learning for quite ... Read more»
In this podcast I detail the Workday AI and ML strategy, with a strong focus on the new, more integrated HCM products and how they fit together. I also discuss the Skills Cloud, where it came from, and where it’s going. And I also explain why Workday Prism, Extend, and Orchestrate have become so strategic ... Read more»
This week we met with Workday at the company’s annual Innovation Summit and I walked away very impressed. Not only is Workday clear-eyed and definitive about its AI product strategy, the company is entering one of its strongest product cycles in years. I have never seen so many Workday features reach maturity and it’s clear ... Read more»
The HR Tech market has been on fire for the last few years. More than $15 Billion of venture and PE money was invested and the number of startups is astounding. The average large company now has more than 80 different employee-facing systems (OKTA), and this number has increased by more than 40% over five ... Read more»
This week I spent a day at Workday’s DevCon, the company’s fast-growing application developer conference, and there is a lot to talk about.
Let me start with a simple reminder: for all its strategy, sales, and marketing, Workday is essentially a software company. The Workday platform is a marvel of technology, and over ... Read more»
We just completed two years of research on cloud-based HCM (human capital management) systems and the results are striking. Among the 35+ implementations we studied, the findings are now clear: these systems do much more than clean up IT systems: they transform the employee experience.
Just to be clear, the cloud as a computing ... Read more»
I just finished a day with the Workday executive team at their analyst Innovation Summit (entitled “The Power To Adapt”). Let me share my perspectives.
Workday’s Growth Will Continue
Despite the pandemic and lots of changes in the tech landscape, the company is doing very well. With a 22% subscription growth rate and nearly $5 ... Read more»
Workday is one of the most iconic enterprise software companies, essentially inventing a new breed of enterprise cloud applications. In this podcast, I discuss the history of the company and the newest strategy to “open up” the architecture for growth, adaptability, and scale. It’s pretty important stuff and shows how the company is rapidly adapting ... Read more»
For decades companies have embraced HR technology by starting at the “core.” This “core” was always considered the payroll system, HRMS (employee system of record), and foundational infrastructure, often called HCM.
Companies select these Core Systems first, spend millions to tens of millions of dollars to implement them, and then they “lay other tools on ... Read more»
From its very founding Workday was designed as an integrated but proprietary system, engineered for the cloud. Workday developed a proprietary database, advanced business process framework, integrated security model, embedded real-time analytics, and a unique user interface.
Every decade there’s a major shift in enterprise software. In the 1970s companies bought integrated financial systems; in the 1980s and 1990s it was ERP; now it’s a wild west of tools for digital customer experiences, digital employee experiences, and AI-enabled automation.
And thanks to the pandemic, every company is going through a digital transformation. ... Read more»
The market for employee surveys, feedback, and engagement tools is massive and it just got bigger. Workday announced plans to acquire Peakon, an enterprise-grade employee survey and feedback company, and integrate it deeply into the platform. (Deal was around $700M.)
Let me give you some perspective.
The market for employee listening platforms is ... Read more»
As we enter 2021 and look at all radical changes in work, technology, and HR, it’s time to reflect on where we are. The world is responding to the Pandemic, technology is advancing at an incredible rate, and we are literally reinventing the workplace in real-time.
Oracle has been in the HR software business a long time. The company had its original Oracle e-Business suite for years, then acquired both Taleo (recruiting) and PeopleSoft, and now has thousands of customers running it’s core HR and payroll software. When Workday and SuccessFactors launched their cloud strategies in the late 2000s, Oracle pivoted ... Read more»