RE: GT Time, NWT's new Direct-to-Enterprise (D2E) Offering14 Nov 2024 13:48
So Workday (NASDAQ:WDAY) should shortly be following suit with Oracle, in partnering with Newmark for NWT's GT Time D2E offering.
It's been reported just this week that Workday UK has been doubling down on its investment and partnerships ... and with fantastic results:-
"Workday's UK profits soar as it doubles down on investment and partnerships
The US group's division has reported a pre-tax profit of $39.5m (£30.6m) for the 12 months to 31 January, 2024, according to newly-filed accounts with Companies House.
By Jon Robinson www.cityam.com
11:18, 11 NOV 2024
The UK arm of software giant Workday, has seen its profit nearly double in its most recent financial year. The US group reported a pre-tax profit of $39.5m (£30.6m) for the 12 months ending 31 January, 2024, as per the latest accounts filed with Companies House.
This is a significant increase from the previous year's pre-tax profit of $21.3m (£16.5m). The company's UK turnover also increased from $253.2m (£196.3m) to $264.4m (£205m) during the same period, as reported by City AM.
Workday collaborates with over 35% of the FTSE 100 companies, including Diageo, Lloyds, GSK and Rolls-Royce, as well as public sector organisations such as the Crown Commercial Service, Department for Education and The National Archives.
In the fourth quarter of its most recent financial year, the firm added David Lloyd Leisure, Compare the Market and Newcastle United to its client roster. Founded in 2005 and going public in 2012, Workday now employs over 18,800 people globally.
The impressive results follow Workday's announcement of plans to invest more than £550m in the UK over the next three years. Although the Nasdaq-listed company did not specify by how much, it confirmed that this investment would lead to an increase in its UK workforce.
During its most recent financial year, Workday's UK arm employed 666 people, up from 647 in the previous 12 months and a rise from 528 two years ago."
https://www.business-live.co.uk/technology/workdays-uk-profits-soar-doubles-30343452
Workday (NASDAQ:WDAY) has a current market cap. of c. US$73Bn.
https://www.nasdaq.com/market-activity/stocks/wday