Machine Learning, Blockchain, and Analytics Advancements Unlock Opportunity and Personalize Experiences to Help Improve Productivity

SINGAPORE - Media OutReach - 16 October 2019 - Workday Inc. (NASDAQ: WDAY), a leader inenterprise cloud applications for finance and human resources, today announced a series ofnew innovations to help customers better navigate the changing world of HR.

At Workday Rising, the company's annual customer conference,Workday underscored how organizations can reimagine their businesses with newapplications including Workday People Experience, Workday People Analytics,Workday Credentials, and more. With a technology architecture based on the Power of One--one source for data, onesecurity model, one user experience, and one community--Workday is uniquelysuited to deliver insights that help drive more strategic decision-making andimprove employee engagement. 

Workday customers, whichinclude 40 percent of the Fortune 500 and 50 percent of Fortune 50 companies,are better equipped to plan, execute, analyze, and extend--all in one systempowered by machine learning, and backed by Workday's unwavering commitment tocustomer service. Leveraging newer technologies including machine learning,blockchain, and advanced analytics, Workday helps organizations achieve greaterproductivity.

Innovationsfor the Changing World of HR 

HRleaders are under more pressure than ever to effectively manage and developtheir people as they encounter a new world where technology is reshaping everyjob, alternative work arrangements are becoming the norm, and speed of agilityis key to survival. Driven by customer demand, Workday has made significant andunique investments to build solutions that support a multi-faceted workforce,new ways of working, and a distributed workplace. 

With new advancementsannounced at Workday Rising, customers are able to:

Personalize and ElevateEmployee Experiences

Peopleare overwhelmed with more tools than they know what to do with--and employersare relying on static portals that push them into various systems to findinformation or complete tasks. Workday has set out to create an experience thatis personalized for each user, to help people feel more informed, agile, andtruly supported.

• Workday People Experience utilizes machine learning tocurate unique experiences for every user. This surfaces insights to a person atthe right time, providing everything from guidance in career development andpersonalized content, to answers to HR and payroll questions via Workday'sdigital assistant and HR case creation and management--for more complexrequests. By predicting what people want and giving them quick access to whatthey need, Workday People Experience helps make work more personal andproductive. Additionally, its extensibility enables people to seamlessly accessinformation, tasks, and answers from any third-party source or application.

Meet Evolving Talent Demandsand Unlock Opportunity 

Skillshave emerged as a critical data source for fueling the talent lifecycle,prompting Workday to build a core Skills Graph foundation using machinelearning to map relationships between more than 200,000 skills. With thisfoundation, Workday created the skills cloud to link skills to people and thenconnect them to jobs, opportunities, projects, and much more, enabling newsolutions such as:

• Skills insights, a new feature for Workday Human CapitalManagement (HCM) customers, enables HR managers to easily determine what skillsthey have and what gaps exist within their organization. For example, acustomer service HR business partner could leverage a real-time and dynamic skillsfootprint to better understand what people in their company have the rightskills to support a new service offering.
• Talent Marketplace provides a talent mobilityplatform that enables organizations to find and borrow talent, and enables workersto identify growth opportunities based on skills-matching for projects, gigs,and opportunities. Forexample, an employee interested in new career experiences could receive noticeof an opportunity to support a six-month product launch in anotherdepartment--based on her skills. Creating more awareness for internal mobilityand opportunity leads to greater employee engagement, contribution, and value,and leveraging internal talent could expedite the project to more rapidlyachieve results. Talent Marketplace willsupport internal gigs at launch, with future plans to incorporate internal jobtransfers and connect to external talent communities.

Make Faster, Smarter PeopleDecisions 

Datascience, once available to only a few, is now democratized and being applied toall aspects of HR. But most organizations' efforts to be more data-driven stillrun into challenges around fragmented data, data literacy, lack of specializedresources, and stringent data privacy and governance requirements. Utilizingone source for data, Workday can help customers make more fact-based decisionswith the following advancements: 

• Workday People Analytics is a new application that uses powerfulaugmented analytics technology to give business leaders a view into the mostcritical business trends in their organization coupled with an understanding ofwhat is most likely driving those trends--all delivered in story form. Forexample, a chief human resources officer could view a story that shows apromotion gap in the U.S. female population and how that's trending over time.This granular insight tells him or her if the plans and strategies HR leadershave put into place around diversity in leadership are working. 
• Discovery Boards, a drag-and-drop data discovery capabilityoriginally available as part of Workday Prism Analytics, will be available toWorkday HCM customers as part of their subscription. These enable users toquickly visualize data to understand their people and financials, detectpatterns, and discover insights. For example, HR leaders could use discoveryboards to uncover trends in open headcount, and slice and dice by location and costcenter. Through iterative visual analysis, they could see trends that show how areas of the business aregrowing, and where potential skills gaps may exist.

Automate and Digitize Time-ConsumingProcesses

Organizationsare constantly seeking out tools that improve operational efficiencies in orderto drive productivity. Workday aims to streamline and automate time-consumingmanual processes across HR, enabling people to focus their time on morestrategic efforts with the following solutions and capabilities:

• Workday Credentials and WayTo™ by Workday are new blockchain-poweredcredentialing technologies that will remove the friction associated withissuing, managing, and verifying credentials. Workday announced the betarelease of the technology this week, and launched testing of the WayTo™ byWorkday mobile app with Workday Rising attendees.

o    Workday Credentials willenable enterprise customers to quickly issue, manage and verify credentials forall types of workers and individuals--employees, contractors, students, andpartners, helping to streamline credential verification and compliance. 

o    The WayTo™ by Workday mobileapp will give individuals a better way to store, manage, and share their verifiedcredentials as well as professional and personal information on their device.This means that individuals can decide exactly what and with whom to shareinformation about themselves to expedite application processes. For instance, ahospital could onboard a nurse in days instead of weeks by verifying theiridentity, healthcare credentials, and work experience all within Workday. 

• Plan to execute, a new workforce planning capability availableto customers using Adaptive InsightsBusiness Planning Cloud and Workday HCM, is a key step in the journey to unify AdaptiveInsights with Workday. With this deeper unification,once headcount budgets are approved, new positions are automatically created inWorkday for amore seamless transition from planning to execution.

Comment on the News

"Today'sorganizations need new ways to engage and inspire a fluid workforce that bringsits consumer technology expectations to the workplace," said David Somers, vicepresident and general manager, Talent Optimization, Workday. "Workday isinfusing new technologies such as machine learning, blockchain, and advancedanalytics into every inch of our solutions. This enables us to surfacemeaningful insights, create greater efficiencies, and deliver a moreintelligent experience that is unmatched by other vendors--for the broaderbenefit of our customers, their employees, and their bottom line." 

Additional Information 

• See how Workday isinnovating for the changing world of HR.
• Read the blog "How Workday People Experience Gives You an Advantage in theChanging World of Work" byStuart Bowness, vice president, software engineering, tools and technology,Workday.
• "What's New in Workday Analytics: A Q&A With Pete Schlampp" by Workday Staff Writers.
• See how Workday ishelping organizations get ahead, and stay ahead, in the changing world of IT.
• "Our Vision to Digitize Credentials in the NewWorld of Work" by Jon Ruggiero,senior vice president, Workday.
• Read the blog "Machine Learning Across Workday Products: Delivering UndeniableBusiness Value to Customers" bySayan Chakraborty, senior vice president, tools and technology, Workday.

Availability

All products andfeatures are available or planned for availability in the next calendar year.

About Workday

Workday is a leading provider ofenterprise cloud applications for finance and humanresources.Founded in 2005, Workday delivers financial management, human capitalmanagement, planning, and analytics applications designed for the world'slargest companies, educational institutions, and government agencies.Organizations ranging from medium-sized businesses to Fortune 50enterprises have selected Workday.

Forward-LookingStatements

This press release containsforward-looking statements including, among other things, statements regardingthe expected performance and benefits of Workday's offerings. The words"believe," "may," "will," "estimate," "continue," "anticipate," "intend,""expect," "seek," "plan," "project," and similar expressions are intended toidentify forward-looking statements. These forward-looking statements aresubject to risks, uncertainties, and assumptions. If the risks materialize orassumptions prove incorrect, actual results could differ materially from theresults implied by these forward-looking statements. Risks include, but are notlimited to, risks described in our filings with the Securities and ExchangeCommission (SEC), including our Form 10-Q for the fiscal year ended July 31,2019 and our future reports that we may file with the SEC from time to time,which could cause actual results to vary from expectations. Workday assumes noobligation to, and does not currently intend to, update any suchforward-looking statements after the date of this release.

Any unreleased services,features, or functions referenced in this document, our website, or other pressreleases or public statements that are not currently available are subject tochange at Workday's discretion and may not be delivered as planned or at all. Customerswho purchase Workday, Inc. services should make their purchase decisions basedupon services, features, and functions that are currently available.