Aneel Bhusri Net Worth is
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Rating: 2.6/5 (5 votes cast)
Type: Public
Traded As: WDAY
Foundation: March 2005
Founders: Dave Duffield and Aneel Bhusri
Location City: Pleasanton, California
Location Country: United States
Locations: 20+
Area Served: Global
Key People: Dave Duffield, Co-founder, Co-CEO and Chief Customer Advocate; Aneel Bhusri, Co-founder and Co-CEO
Industry: Software
Products: Human capital management, payroll, and financial management
Services: Online software
Revenue: $119.5 million Num Employees: 1,550 Homepage:
Workday, Inc. is an ona??demand (cloud-based) financial management and human capital management software vendor. It was founded by David Duffield, the founder and former CEO of PeopleSoft, and former PeopleSoft chief strategist Aneel Bhusri following Oracle's hostile takeover of PeopleSoft in 2005. Workday differs from other cloud-based software providers in that it targets the customers of rivals Oracle or SAP by offering them "online services at a fraction of the cost of upgrading from their incumbent vendors". It launched a successful initial public offering that valued its above better-known software companies that have gone public in 2012, including Groupon and Zynga.
Workday was founded in March 2005 and launched in November 2006. Initially, it was funded Duffield and venture capital firm Greylock Partners. In December 2008, Workday moved its headquarters from Walnut Creek to Pleasanton, where PeopleSoft, founder Duffield's prior company, was located. Workday sells software and services using the SaaS model.
On February 6, 2008, Workday announced that it had reached a definitive agreement to purchase Cape Clear. In May 2008, Workday signed a large contract with Flextronics to provide human capital management software services. Other large, multinational companies that have publicly disclosed contracts or deployments of Workday include Aviva,Chiquita Brands,CAE Inc., Fairchild Semiconductor,Rentokil Initial,Thomson Reuters, and Time Warner.
On April 29, 2009, Workday announced that it secured $75 million in Series E funding led by New Enterprise Associates. Existing investors Greylock Partners and Workday CEO and coa??founder Dave Duffield also participated in the round. On October 24, 2011, Workday announced $85 million in new funding, bringing total capital raised to $250 million. Investors in the latest round included T. Rowe Price, Morgan Stanley Investment Management, Janus, and Bezos Expeditions, the personal investment entity of Amazon CEO and f

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Aneel Bhusri Latest News

Workday tops estimates on higher subscriber additions

and unlock new growth drivers,” Chief Executive Aneel Bhusri said. Net loss narrowed to $85.5 million, or 41 cents per share, in the third quarter ended Oct. 31 from $110.1 million, or 55 cents, a year earlier. On an adjusted basis, it earned 24 cents ...
Posted: November 28, 2017, 4:00 pm

Workday tops estimates on higher subscriber additions

and unlock new growth drivers," Chief Executive Aneel Bhusri said. On an adjusted basis, it earned 24 cents per share. Total revenue rose 34.3 percent to $555.4 million. Analysts on average had expected adjusted profit of 15 cents per share and revenue of ...
Posted: November 28, 2017, 8:36 pm

Workday Q3 tops market estimates

Despite the earnings beat, Workday's share slipped slightly after hours. Workday CEO and co-founder Aneel Bhusri said the company has seen strong customer growth surrounding the company's HCM and Financial Management products. "We delivered another strong ...
Posted: November 29, 2017, 2:00 pm
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