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Company
Symbol
Price
Shares
Trade Date
Workday, Inc.WDAY
[ NYSE ]
28.006 millionJanuary 15 2014
Underwriter(s):
Morgan Stanley, Goldman Sachs, Allen & Co., J.P. Morgan, Barclays, UBS Investment Bank
Co-Manager(s):
JMP Securities
Industry:
Technology
Employees:
1450
Founded:
2005
Address:
6230 Stoneridge Mall Road, Pleasanton, California 94588
Phone:
 


For IPO Boutique's "scale of 1 to 5" BUY rating on Workday, Inc., and our comprehensive analysis, click the "Buy Market Research" link above.




About (adapted from prospectus):
Workday is a provider of cloud-based applications to help organizations manage their financial and human capital resources, including human capital management (HCM), payroll, financial management, time tracking, procurement and employee expense management. Because their software is delivered as a cloud-based service, Workday's customers operate on the latest version without the burden of large upgrade costs, while having the flexibility to configure applications to meet their own requirements.

Workday's customers can operate with a more complete picture of their organization because their applications and embedded analytics capture the content and context of everyday business events, facilitating fast and informed decision-making. They enable effective management of resources by all members of an organization while minimizing reliance on specialist information technology (IT), human resources (HR) or finance employees. These professionals are therefore freed to focus on other strategic activities.

Workday currently has more than 325 customers, including companies such as Aviva International Holdings Ltd., AIG, Inc., Flextronics International, Four Seasons Hotels, Georgetown University, Kimberly-Clark Corporation and Lenovo.

This description is adapted from prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus..


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