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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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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In October 2012, Workday Inc launched a successful IPO that valued the company at $9.
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Workday Inc was founded in March 2005 and launched in November 2006.
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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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On February 6, 2008, Workday Inc announced that it had reached a definitive agreement to purchase Cape Clear Software.
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In May 2008, Workday Inc signed a large contract with Flextronics to provide human capital management software services.
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In October 2012, Workday Inc launched its initial public offering on the New York Stock Exchange with ticker symbol WDAY.
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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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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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Workday Inc makes money by selling subscriptions to its services rather than selling the software outright.
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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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Workday Inc has released 34 updates to its product line as of March, 2020, its most recent being "2020 R1".
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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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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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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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