As both a Workday implementation partner and customer, we’d like to offer a 
heartfelt congratulations to Workday for an impressive 2009 amidst the most difficult economic times in over 75 years. Workday’s Aneel Bhusri says it best:
2009 has been another year of milestones for Workday. We’ve now passed the 100 customer mark and in spite of the toughest economic environment in a generation Workday is on track to grow bookings more than 50 percent this year. Customers are not just embracing Software-as-a-Service in large enterprises—in the past quarter we are starting to hear large companies considering SaaS as a lower-risk option to an on-premise ERP deployment. That’s a huge change in perspective from a year ago.
The recession has helped companies accelerate their education about how SaaS may not only be a more progressive, lower-risk enterprise platform than in-house ERP, but also how it readily lends itself to bottom-line cost conservatism. We hear about SaaS on both fronts on a weekly basis, often in the context of Workday’s technology.
Bhusri continues:
Today we’re announcing another milestone as we plan to return to a goal for 100 percent year-over-year growth in 2010.
Admirable goal, and something we feel is very much within Workday’s power to achieve.
From our perspective, the acceleration out of the trough is happening now. We see it in our daily activity, and clients are coming to us saying they have budget to chase some of the strategic projects they’ve had on the docket for up to a year. Workday is sitting squarely at the intersection of time-to-value, low-risk, innovation and cost conservation, making it a likely leading play as the recovery accelerates. But the thing we bet most folks will find is the value of the SaaS paradigm as a whole: the platform has come of age, and Workday is doing for HCM/Financials/Payroll what Salesforce.com did to CRM. 2010 is still a question mark when it comes to many economic indices, but I’d look to Workday to provide a steady vigil through the remaining uncertainty and come out of 2010 in the best way possible.
If you are considering Workday or simply have some questions about its technology, email us and we’ll be happy to chat. We can talk to you as one of Workday’s very first consulting partners, but also as Workday users ourselves. Try us.
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Related posts:
- Supporting SaaS Without a “Silver Bullet” Mindset (Part II)
- Supporting SaaS Without a “Silver Bullet” Mindset (Part I)
- The “Effortless” SaaS Implementation Ideal
- SaaS Booming in Enterprise Market
- CIOs Say ERP Systems Considerably Underutilized
- What Workday’s Cash Infusion Means in Today’s Markets
- Workday Named #1 Best Place to Work in Bay Area
- Big Hit: Workday Raises $75M in New Funding
- How Economic Chaos Can Mean Opportunity for Smart, Daring Firms
- Field Notes: Dave Duffield and Aneel Bhusri Kick-Off Workday Rising ‘08
- Workday: Dave Duffield 2.0 Gaining Steam
- Salesforce.com and Where SaaS Goes From Here (Eventually)
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Amazing, I did not know about this topic up to now. Thanx!!
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