Workday Announces Surge in New US Public Sector Client – StockTitan

The wave of new county and city customer wins underscores the growing demand for AI innovation to drive modernization efforts in local governments across the United States

New customers include City of Cleveland, Ohio; City of Galveston, Texas; District of Missoula, Montana; City of Milwaukee, Wisconsin; City of North Las Vegas, Nevada; and more

PLEASANTON, CA., October 30, 2024 /PRNewswire/ — Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions that help organizations manage their the people and moneythe city and county governments announced today USA are increasingly turning to Workday—with AI at the heart of its platform—to attract and retain a diverse workforce and make more informed, data-driven financial decisions.

“I am delighted that the city is embarking on such a significant project, replacing multiple systems with the comprehensive Workday platform,” said Kavita Deepak, CIO, City of Irvine, California. “Over the past decade, manual processes, time-consuming report generation and a lack of system integrations have highlighted the need for this project, and The City aims to take full advantage of Workday’s capabilities, pushing us into a new era of technological advancement.”

This year’s public sector earnings growth is based on a robust customer base that continues to expand its Workday relationships with existing customers such as City of Arlington, Texas; Baltimore City, Maryland; and Salt Lake City, Utah they have all been adding additional solutions to their current suites in recent months to support changing HR and finance needs.

Attract and retain a diverse workforce
Approximately 81% of state and local authorities are actively recruiting new employees as they combat high retirement rates, while working to attract new talent, manage hybrid work models, meet diversity, equity and inclusion (DEI) goals and support employee well-being . Through the power of solutions like Workday Human Capital Management (HCM), Workday Voice of a Peakon employeeand VIBE™Work clients unlock valuable workforce data to reduce time to hire and strengthen employee retention while keeping pace with change.

Make more informed, data-driven financial decisions
State and local government leaders face a rapidly changing funding and budget landscape. Legacy systems, fragmented financial models and siled data hinder their ability to move quickly and direct resources where they are needed most. The Workday Platform – powered by Illuminatenext generation AI Workday – which also includes Financial management during the working day and Adaptive planning of the working dayempowers government leaders to make informed, data-driven financial decisions while increasing efficiency and minimizing risk.

“State and local governments need a trusted partner to help them manage their people and budgets in the face of change,” said Michael Hofherr, senior vice president and general manager, industry group, Workday. “With Workday, public sector customers have realized significant reductions in time to fill open positions and on-boarding, which improves the candidate experience, helps attract the best talent, reduces costs, maintains continuous service delivery and minimizes loss of performance.’

About the working day
working day is a leading enterprise platform that helps organizations manage their most important assets – theirs the people and money. The Workday platform is built with artificial intelligence at its core to help customers elevate people, scale work, and move their businesses forward forever. Workday is used by more than 10,500 organizations worldwide and in a variety of industries, from mid-sized businesses to more than 60% of the Fortune 500. For more information about Workday, visit workday.com.

© 2024 Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective owners.

Forward-looking statements
This press release contains forward-looking statements, including, among other things, statements about Workday’s plans, beliefs and expectations. These forward-looking statements are based only on information currently available and our current beliefs, expectations and assumptions. Because forward-looking statements refer to the future, they are subject to inherent risks, uncertainties, assumptions and changes in circumstances that are difficult to predict and many of which are beyond our control. If risks materialize, assumptions prove incorrect or we experience unexpected changes in circumstances, actual results may differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, the risks described in our filings with the Securities and Exchange Commission (“SEC”), including our most recent report on Form 10-Q or Form 10-K and other reports we have filed and will file with the SEC from time to time, which could cause actual results to differ from expectations. Workday undertakes no obligation and does not currently intend to update such forward-looking statements after the date of this release, except as required by law.

Any unpublished services, features or functions mentioned in this document, our website or other press releases or public statements that are not currently available are subject to change at Workday’s discretion and may not be delivered as planned or at all. Customers purchasing Workday Services should make their purchase decisions based on the services, features and functions currently available.

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SOURCE Workday Inc.