6230 Stoneridge Mall Road

Pleasanton, CA, 94588, USA

+1 925-951-9000


Recent Developments

At its Workday Rising conference, the company launched Workday Learning, Workday Planning and Workday Student.

SCORES Analysis

Workday Strengths

In fiscal 2016, Workday won more than 330 customers for its HCM and ERP applications, continuing its winning streak as it emerges as one of the biggest Cloud HR vendors through a combination of compelling products and attentive customer support programs.

In its fiscal 2017, Workday is on track to secure close to 2,000 customers, while sustaining its popularity with high customer satisfaction(97% for the past year). Much of its increased momentum could be attributable to a growing portfolio of Cloud applications, coupled with across-the-board enhancements for mobility support, intuitive user interface as well as new offerings like Recruiting and Insight Applications. Recruiting was internally built, while the underlying technology for Insight Applications was derived from its 2014 acquisition of Identified, which leveraged Big Data algorithms to facilitate predictive analytics and machine learning throughout Workday's applications.

In less than two years more than 690 customers have purchased Workday Recruiting. Workday Payroll has been extended to a number of new countries including the UK in 2015 and France in 2016. In addition to its stronghold in HCM, Workday has begun to make inroads into other ERP pillars after signing more than 250 for its Financial Management application. Another key attribute is Workday's ability to harness the resources of its partners to take customers live. Deloitte, for example, took 50 Workday customers with a million employees live in 2014. Altogether these factors have made Workday not just a major force in Cloud HCM, but also a thriving Cloud platform capable of transforming the entire enterprise applications market.

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  • Key differentiators
  • Domain Expertise
  • Product portfolio
  • Solution scope

Workday HCM & Cloud HCM Applications Revenues, $M:

Type/Year 2014 2015 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
HCM Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud HCM Applications Revenues, $M Subscribe Subscribe Subscribe

* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Workday 2015 Revenue Breakdown by Type:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Workday 2015 Total & HCM Applications Revenues by Region:

Region % of Total Revenues 2015 Total Revenues, $M 2015 HCM Applications Revenues, $M
North Americas Subscribe Subscribe Subscribe
Latin Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

Workday 2015 Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Workday Customers

No. of Customers: Subscribe

No. of HCM Applications Customers: Subscribe

No. of Cloud HCM Customers: Subscribe

No. of Cloud HCM Subscribers: Subscribe

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  • Reference wins across regions
  • Customer Size segments
  • Customer wins momentum

Workday Opportunities

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  • Market Opportunities at the vertical and subvertical levels
  • Mergers and Acquisitions (M&A), Funding
  • Geo Expansions

Workday Risks

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  • Ability to handle internal and external risk and challenges

Workday Ecosystem

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  • Health of ecosystem
  • Network Effects of BPO, ISV, SI
  • VAR Partners
  • Direct vs Indirect sales

Workday Cloud Platform (PaaS) & Infrastructure (IaaS) Details

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  • Cloud Infrastructure (IaaS)
  • Cloud Platform (PaaS)
  • Cloud Application delivery (SaaS)
  • Data Center (Hosting)

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link:


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