Enterprise Software Firm Workday Signs Major Cloud Deal with IBM

Workday says that it intends to expand the use of IBM Cloud over time to support its global expansion

Nicole Henderson, Contributor

August 15, 2016

1 Min Read
IBM 2009 CeBIT
A young woman walks past the IBM logo at the 2009 CeBIT technology trade fair in Hanover, Germany. (Photo by Sean Gallup/Getty Images)


Brought to You by Talkin' Cloud

Enterprise software provider Workday has signed a seven-year deal with IBM to use IBM Cloud as the foundation for its development and testing environment, according to an announcement on Monday.

Workday says that it intends to expand the use of IBM Cloud over time to support its global expansion. The company provides cloud-based finance and HR software from offices around the world.

“IBM and Workday are both delivering transformative applications and services in the cloud,” Aneel Bhusri, co-founder and CEO, Workday said in a statement. “Workday will use IBM Cloud to continue accelerating Workday’s internal development and testing efforts to support our ongoing global expansion.”

See also: Top Cloud Providers Made $11B on IaaS in 2015, but It’s Only the Beginning

Wells Fargo calls the deal a win for IBM Cloud, but says “near term pressures from declines in legacy businesses and investments in new growth areas persist.”

IBM already offers Workday Consulting Services, and uses Workday Human Capital Management for its own global workforce. IBM’s Workday capabilities include Workday business process design, Workday integrations, Workday data conversion, Workday reporting, change management, ongoing Workday support and optimization and Workday enabled HR and finance business process outsourcing, according to a solution brief.

In its fiscal 2017 first quarter results, Workday total revenues were $345.4 million, an increase of 38 percent from the first quarter of fiscal 2016. Subscription revenues were $280 million, an increase of 39 percent from the same period last year.

Earlier this year, Workday expanded its operations to support businesses in Spain, and opened up a new office in Madrid.

This first ran at http://talkincloud.com/saas-software-service/enterprise-software-firm-workday-signs-major-cloud-deal-ibm

About the Author(s)

Nicole Henderson

Contributor, IT Pro Today

Nicole Henderson covers daily cloud news and features online for ITPro Today. Prior to ITPro Today, she was editor at Talkin' Cloud (now Channel Futures) and the WHIR. She has a bachelor of journalism from Ryerson University in Toronto.

Subscribe to the Data Center Knowledge Newsletter
Get analysis and expert insight on the latest in data center business and technology delivered to your inbox daily.

You May Also Like