Workday Skills Cloud is just one example of Workday’s broad AI strategy. Thanks to Workday Prism Analytics, our analytics platform that ingests third-party data, and Workday Extend, our tool that enables users to build add-on applications, we are helping customers quickly and simply build their own AI- and ML-enabled functionality to tackle a variety of business-critical needs. Companies can leverage Workday data, combine it with other data, and leverage our ML service APIs to create new ML-enabled business capabilities through Workday Extend.
Here’s what the Forrester report says about our technologies: “Workday’s Skills Foundation defines much of the talent journey for users. Intuitive practitioner tools and the underlying AI/ML help reduce user friction. Workday Extend reinforces organizational agility and is highlighted in use cases such as package solutions developed by Workday and the partner community, leveraging the PaaS tools in the system.”
Together, these tools allow organizations to confidently build, deploy, and manage both the teams and the business capabilities that will drive future success.
Driving Talent Solutions Across More Dimensions
If a human capital management (HCM) platform only extends as far as employees, HR doesn’t have visibility across the organization’s extended workforce ecosystem. And that could mean serious blind spots: In the U.S., for instance, 36% of the workforce is made up of contract workers, consultants, and gig workers.
At Workday, we believe that for HR to participate fully in C-suite strategy sessions and adapt quickly, it needs a comprehensive view of the workforce. Workday VNDLY is the only vendor management system that can directly connect into Workday’s core data foundation, making Workday the first enterprise management cloud platform to fully include extended workers in the workforce ecosystem. The capability helps HR unlock richer, faster insights about the extended workforce—full-time employees, frontline workers, and contingent labor—creating a future of work with one workforce, working together.
Our customers benefit from the value of using Workday VNDLY for the end-to-end life cycle management of contingent labor. By bringing this in alongside Workday’s other products, customers have the last puzzle piece to intelligently manage their total workforce.
Similarly, our Value Inclusion, Belonging, and Equity (VIBE™) Index also lets HR leaders put strategy front and center. VIBE Index™ makes it easy for HR to measure everything from hiring and promotions to employees’ sense of belonging, to see where the organization is today and make progress toward improvements. And with our single data model and powerful people analytics engine, HR can cut through the noise and understand exactly where to focus for maximum impact.
As the Forrester report notes, “Workday delivers on its superior vision of creating the future of work by adapting rapidly and staying ahead of customer needs.”