Workday Unveils Big Data Analytics for HR and Finance
HR and Finance Organizations to Gain New Insights to Make Better Business Decisions With a Unified, Pre-Packaged Application That Simplifies Access to Data and Empower Users
PLEASANTON, CA--(Marketwire - Nov 6, 2012) - Workday, Inc. (
Businesses face a significant challenge to manage and extract insights from all forms of data that are growing at an exponential rate inside and outside their organizations. Current industry solutions lack the critical cloud innovation and core capabilities they need to derive the insights from data and quickly put them into simple, easy-to-consume, and actionable dashboards and reports available to workers anytime, anywhere. Today's business environment demands that teams across every organizational function have access to better information to make more informed business decisions.
Transforming the Way Organizations Gain Access to Insights
With Workday Big Data Analytics, customers will gain entirely new levels of insights into their organizations. The new pre-packaged analytics application will enable Workday customers to combine Workday data with third-party data sources and deliver information in an easy-to-consume user interface. Workday Big Data Analytics incorporates Datameer's Hadoop-driven analytics platform, which enables users to integrate, analyze, and visualize data of any type, size, or source. This, combined with Workday's unified platform, is expected to give customers greater visibility and insight to take action within their organizations.
Workday Big Data Analytics is intended to deliver:
- A unified platform: Workday Big Data Analytics will be unified on the Workday platform to provide a single user experience for workers, a single security model, and a single source for workforce and financial insights. With a unified platform, all users can experience the same simple-to-use analytics -- on a tablet, smartphone, or desktop -- with Workday Big Data Analytics just as they do across Workday's entire suite of applications.
- Pre-packaged application: Workday Big Data Analytics is expected to come ready with pre-packaged analytics designed to answer pressing business questions, providing rapid time to value and enabling customers to easily configure the application to their specific requirements without any additional coding necessary.
- Simplified for business user empowerment: Designed for the business analyst, Workday Big Data Analytics will do away with the rigid ETL process, allowing business analysts to explore the raw data to determine what is relevant for their analysis. The spreadsheet-like interface will empower analysts to change data sources and modify calculations, and any user can adapt the look and feel of the reports with little involvement from IT.
- Lower total cost of ownership: Not only do customers gain all the benefits of a cloud application, Workday Big Data Analytics' single, unified platform is designed to decrease the need for IT resources, because there is no separate software and hardware to buy and manage.
Workday Big Data Analytics is scheduled to be generally available to Workday customers in the second half of 2013 as an add-on application, sold separately.
Comments on the News
"We are combining Workday data and any type of third-party data into our unified platform to create the analytics and dashboards in the intuitive Workday user experience our customers have come to expect," said Aneel Bhusri, chairman, co-founder, and co-chief executive officer, Workday. "With Workday Big Data Analytics we are re-thinking how insights that lead to better decisions should be delivered to businesses."
Workday is a leading provider of enterprise cloud applications for human resources and finance. Founded in 2005, Workday delivers Human Capital Management, Financial Management designed for the world's largest organizations. Hundreds of companies, ranging from medium-sized businesses to Fortune 50 enterprises, have selected Workday.
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