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PLEASANTON, Calif. - Workday, Inc. (NASDAQ:WDAY), a prominent enterprise software player with annual revenues of $8.7 billion and an impressive 75.66% gross margin, announced the lineup for its annual Workday Rising conference, scheduled for September 15-18 in San Francisco, according to a press release issued Thursday.
The event will feature researcher and author Brené Brown alongside Workday CEO Carl Eschenbach during the opening keynote. Representatives from Microsoft and Instacart will also participate in mainstage presentations discussing enterprise transformations and the use of Workday’s AI platform.
British rock band Duran Duran will headline the conference’s Customer Appreciation Party.
"Workday Rising is where our entire community comes together to experience how Workday, our visionary customers, and our powerful partner ecosystem are boldly shaping the AI-powered future of work," said Emma Chalwin, chief marketing officer at Workday.
The conference will include participation from more than 175 partners, with Accenture, Cognizant, Deloitte, KPMG LLP, OneSource Virtual, and PwC serving as Titanium Sponsors. Amazon Web Services, Google Cloud, and Infosys are among the Platinum Sponsors.
Workday Rising focuses on showcasing innovations for finance, HR, and IT professionals. The company describes the event as a forum where "the future of work comes into focus."
Workday provides AI-powered platform services for managing people, money, and agents to more than 11,000 organizations globally, including over 60% of Fortune 500 companies. With a market capitalization of $58.49 billion and revenue growth of ~15% over the last twelve months, the company maintains a "GOOD" financial health rating according to InvestingPro, which offers comprehensive analysis and 10+ additional key insights about Workday’s performance and valuation metrics in its Pro Research Report.
In other recent news, Workday, Inc. announced the launch of its new Workday Agent Partner Network, alongside the introduction of the Agent Gateway platform, aimed at integrating AI agents across various systems. This initiative includes collaborations with major tech companies like Accenture, Adobe, AWS, Google Cloud, and Microsoft, enhancing the connectivity and efficiency of Workday’s AI tools. At the annual Workday DevCon, the company also unveiled a suite of AI development tools designed to boost productivity for developers on the Workday platform. These tools allow for the registration and collaboration of third-party agents within Workday’s ecosystem.
In analyst updates, Piper Sandler downgraded Workday from Neutral to Underweight, citing concerns over potential AI-driven headcount reductions. Conversely, Oppenheimer reaffirmed an Outperform rating on Workday, maintaining a $300.00 price target due to a positive outlook on AI developments. Furthermore, Workday has announced its upcoming conference, Workday Rising 2025, set to take place in San Francisco, where AI’s role in business transformation will be a central theme. The event will feature prominent speakers, including Brené Brown and several Workday executives, who will present the company’s latest AI innovations.
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