Workday Inc - WDAY STOCK NEWS

Workday previews new AI capabilities in Workday Adaptive Planning and announces innovations to streamline enterprise planning processes across finance and human resources. Conversational AI enables users to surface data quickly and make strategic decisions. New UI in Workday HCM empowers workforce planners. Automated headcount reconciliation process provides cost visibility. Workday Adaptive Planning delivers faster performance and speed. Workday announces program with MIT Sloan Management Review Connections for financial professionals to navigate the future of work.

Workday announces significant enhancements to Workday Extend, including Workday AI Gateway and native integration with AWS. These advancements aim to improve the developer experience and drive business and IT efficiency and innovation. Workday Extend now provides access to AI and ML services, such as skills analysis, sentiment analysis, document intelligence, and ML forecasting. Workday plans to support several AWS AI services within Workday Extend, enabling developers to create apps with advanced features. The introduction of new capabilities to App Builder, including code generation from data and a planned no-code page builder, enhances the no-code experience for developers. Workday also plans to introduce Developer Copilot, a human-machine teaming capability that leverages generative AI. These innovations will enable faster app development and a more connected experience. Workday Extend Essentials and Workday Extend Professional will be available in late 2023. Workday AI Gateway will be available with Workday Extend Professional, and AWS AI services are planned to be available in the first half of 2024. Code generation from data is currently available, and the page builder capability will be available to early adopters in the first half of 2024. Developer Copilot is planned to roll out within the next 6 to 12 months.

Workday introduces Manager Insights Hub, leveraging AI to provide managers with timely insights and recommended actions to improve team productivity and development.

Workday announces continued momentum in higher education with more institutions leveraging their cloud applications to improve enrollment and revenue planning, and deliver engaging student experiences.

47% of Leaders Believe AI and ML Will Significantly Amplify Human Potential; 45% of CEOs Believe AI and ML Will Create a More Equitable and Diverse Workforce

Accenture and Workday are expanding their partnership to develop data-led finance solutions for various industries, aiming to improve agility, reduce costs, and enhance operational efficiencies. The offerings will integrate with Workday Financial Management and utilize intelligent automation, AI, and ML. The collaboration also includes Salesforce, with the objective of streamlining finance processes and standardizing operations globally. The partnership builds on more than 15 years of joint efforts.

Workday, Inc. has been positioned as a Leader in the 2023 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises. Workday's Enterprise Management Cloud offers an adaptable architecture with AI and ML capabilities to automate business and financial processes. With over 10,000 customers in 175 countries, Workday continues to deliver innovative solutions for service-centric enterprises.

Workday's co-CEO, Carl Eschenbach, to present at Goldman Sachs Communacopia & Technology Conference on Sep 5 at 3:05pm PT / 6:05pm ET. Webcast available. Replay on Workday Investor Relations site for 90 days.

Workday, Inc. (NASDAQ: WDAY) announces partner sponsors and exhibitors for Workday Rising, a conference exploring the future of work and new innovations in generative artificial intelligence. The event will take place on September 26-29, at the Moscone Center in San Francisco, offering both in-person and virtual experiences.