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Christine Cefalo
Workday
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christine.cefalo@workday.com

Recent Wins Include Bristow Group, Charles River Associates, Family Health International, Sony Pictures Entertainment, and The Valspar Corporation

PLEASANTON, CALIF. – September 28, 2009 – Enterprises continue to select Workday, Inc., the leader in enterprise-class SaaS-based Human Resources (HR) and Financial solutions, for real innovation and fast time-to-value. New enterprise customers include Bristow Group, Sony Pictures Entertainment, and The Valspar Corporation. More than 100 companies have selected Workday, with more than 60 of those customers in production. Workday solutions are now live in 46 countries around the world.

Major Workday Milestones in 2009

• New customer wins include Bristow Group, Charles River Associates, Family Health International, Sony Pictures Entertainment, and The Valspar Corporation. Each is a recognized leader in its industry.
• More than 60 customers are in production with Workday across 46 countries. Recent go-lives include AMN Healthcare, Edwards Angell Palmer & Dodge, Elekta, McKee Foods, Savvis, The SSCG Group, and TD Williamson.
  • McKee Foods is using Workday Payroll to process paychecks for 6,500 employees in 7 states.
• Workday has redefined the process of deploying enterprise-class business applications, with a 120-day current average phase-one implementation timeframe. (see related news)
  • Workday Solution Center leverages best practices in implementation methodologies and standard configurations to deliver customers the fastest possible time to value.
  • StoneRiver deployed Workday HCM in 38 Days and since, has also gone live on Worker Spend Management.
• The cost to implement Workday now averages 50 percent the cost of a 3-year Workday subscription to our services, in stark contrast with traditional on-premise systems where implementation typically costs two to four times the software license fee or more.
  • Workday is consistently bringing customers into production on-schedule and on-budget, unlike on-premise deployments that typically result in time and cost overruns.
  • Workday’s track record enables us to provide fixed-bid implementation options, further extending the time and cost predictability of our enterprise solutions.
• Workday continued to deliver real product innovation with Workday 7 and 8.
  • Workday has delivered significant new capabilities and performance enhancements in 2009 to support global enterprises, production payroll, and mobile workers.
  • Updates typically require just 14 days for customer testing and acceptance, vs. months of work and capital investment required to upgrade on-premise software.
  • All Workday customers are on our latest release: Workday 8. Customers will move to Workday 9 starting this month.
• Organizations continue to choose SaaS over on-premise solutions based on superior TCO, pace of innovation and time-to-value.
  • Forrester′s recent report on the ROI of Software-as-a-Service found that ‘firms obtain long-term value with SaaS solutions.’
  • Workday is regularly replacing antiquated on-premise ERP systems and best-of-breed HR systems.
• Workday secured the largest venture funding round in the enterprise technology space in Q2, with $75 million in series E funding led by New Enterprise Associates. Existing investors Greylock Partners and Workday co-CEO Dave Duffield also participated in the round.

Comments on the News

“From total cost of ownership to speed of deployment, Workday is demonstrating every day the superior value proposition of our enterprise-class SaaS application suite,” said Aneel Bhusri, Workday co-CEO. “Over the past three years, we’ve delivered solutions that can support the world’s largest companies with the agility, intelligence and ease-of-use required to deploy, develop and optimize their workforce around the world. These accomplishments, our continued rapid growth, and our ability to secure strategic funding in spite of extraordinary market conditions demonstrate the massive opportunity we have to transform enterprise software.”		Aneel Bhusri, co-CEO, Workday, Inc.
“From day one, customer success and customer partnership have been core to Workday’s values,” said Dave Duffield, Workday co-CEO and chief customer advocate. “The fact that we now have more than 60 customers in production with Workday solutions, that our team is now averaging around 120 days to get customers into production, and that all our customers are on our latest release clearly shows the ability for our SaaS solutions to deliver a far superior customer experience to legacy systems. I am immensely proud of our team and our customers for these significant milestones in our effort to build the world’s next great software company.”		Dave Duffield, chairman, co-CEO and chief customer advocate, Workday, Inc.

About Workday
Workday is the leader in SaaS-based enterprise solutions for global human resources and financial management, providing new levels of business agility for a fraction of the cost of buying, deploying and maintaining legacy on-premise systems. More than 100 customers, spanning mid-sized organizations to global Fortune 500 businesses, have selected Workday. Workday Human Capital Management and Workday Financial Management use modern, standards-based technologies to provide an unparalleled level of agility, ease-of-use, and integration capability. For more information about Workday, please visit www.workday.com.

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