15 Facts About Workday Inc

1.

Workday Inc was founded by David Duffield, founder and former CEO of ERP company PeopleSoft, along with former PeopleSoft chief strategist Aneel Bhusri, following Oracle's acquisition of PeopleSoft in 2005.

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2.

In October 2012, Workday Inc launched a successful IPO that valued the company at $9.

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3.

Workday Inc was founded in March 2005 and launched in November 2006.

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4.

In December 2008, Workday Inc moved its headquarters from Walnut Creek, California, to Pleasanton, California, where PeopleSoft founder Duffield's prior company was located.

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5.

On February 6, 2008, Workday Inc announced that it had reached a definitive agreement to purchase Cape Clear Software.

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6.

In May 2008, Workday Inc signed a large contract with Flextronics to provide human capital management software services.

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7.

In October 2012, Workday Inc launched its initial public offering on the New York Stock Exchange with ticker symbol WDAY.

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8.

In 2016 Workday Inc launched a cloud-based Student information system to augment its portfolio of financial management and human capital management products.

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9.

Co-CEO of Workday Inc is Aneel Bhusri, who is a partner with Greylock Partners and handled senior leadership positions earlier in his career at PeopleSoft.

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10.

Workday Inc makes money by selling subscriptions to its services rather than selling the software outright.

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11.

In first quarter 2016, Workday Inc announced annual revenue in excess of $1 billion for the first time ever in fiscal year 2016.

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12.

Workday Inc has released 34 updates to its product line as of March, 2020, its most recent being "2020 R1".

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13.

Workday Inc operates data centers located in Ashburn, Virginia; Lithia Springs, Georgia; Portland, Oregon; Dublin, Ireland; Amsterdam, Netherlands; and uses Amazon Web Services for its primary computing infrastructure platforms in order to accelerate its worldwide expansion.

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14.

In February 2014, Workday Inc acquired the startup Identified and its artificial intelligence Syman to create its Insight Apps line of products.

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15.

In January 2018, Workday Inc announced that it acquired SkipFlag, makers of an AI knowledge base that builds itself from a company's internal communications.

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