Software // Enterprise Applications
News
11/26/2013
10:17 AM
Connect Directly
LinkedIn
Twitter
Google+
RSS
E-Mail

Workday Makes Big Cloud Gains In Q3

Workday reports an 82% increase in subscription revenues for HR and financials applications as it takes big customers live on its cloud-based apps.

Workday's Rising 2013 customer conference had more than 3,500 attendees.
Workday's Rising 2013 customer conference had more than 3,500 attendees.

Comment  | 
Print  | 
Comments
Threaded  |  Newest First  |  Oldest First
D. Henschen
50%
50%
D. Henschen,
User Rank: Author
11/26/2013 | 10:31:08 AM
Exploring Revenue Per Customer
Average revenue-per-customer calculations are not an exact science. For example, when Workday first started out, it gave discounts for paying three-year subscriptions in advance as a way to fund its growth. Now that the company has gone public it has plenty of cash and payments in advance are much closer to one year. That front loading obviously raises the per-customer avarage. Still, the gulf between Workday and other SaaS firms is pretty wide. Salesforce.com, for example had about $1 billion in revenue across around 100,000 customers, so that averages to around $10,000 per customer, per quarter -- clearly an indication of a less-substantial technology footprint and lots of small-company customers. 
Laurianne
50%
50%
Laurianne,
User Rank: Author
11/26/2013 | 11:28:41 AM
workday vs. oracle financials
Any of you eyeing Workday for financials? What is propelling you forward -- or holding you back?
cbabcock
50%
50%
cbabcock,
User Rank: Strategist
11/26/2013 | 5:39:43 PM
Sign of growing SaaS power
Workday's quarter is a sign that companies will take standard, everyday apps as SaaS, whenever they can get them. And they want their supplier to have grown up in the cloud, not backed up to it.
Building A Mobile Business Mindset
Building A Mobile Business Mindset
Among 688 respondents, 46% have deployed mobile apps, with an additional 24% planning to in the next year. Soon all apps will look like mobile apps and it's past time for those with no plans to get cracking.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Must Reads Oct. 21, 2014
InformationWeek's new Must Reads is a compendium of our best recent coverage of digital strategy. Learn why you should learn to embrace DevOps, how to avoid roadblocks for digital projects, what the five steps to API management are, and more.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
A roundup of the top stories and trends on InformationWeek.com
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.