Workday Named Leader for 8th Consecutive Year in Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises

We’re thrilled to announce that Workday has once again positioned as a Leader in the 2023 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises.¹ Vendors are recognized based on the completeness of vision and ability to execute. We believe this recognition reflects our unwavering commitment to empowering people with the latest innovations.

With more than 4,850 global customers, Workday Human Capital Management (HCM) is helping enterprises prepare for the future of work. PUMA recently attested to Workday’s transformative impact: 

“Workday has fundamentally changed the way we work. We are now faster and more efficient than ever before,” the Global Director, People and Organization at PUMA tells us. “Workday makes life easier for our employees and managers and supports us in our pursuit of ever-better performance, true to our motto ‘FOREVER.FASTER.’” 

Our promise at Workday has always been clear: Be the most innovative and customer-centric partner possible. We’ve invested significantly in advanced technology, such as artificial intelligence (AI), to provide insights, efficiency, and flexibility for business success. 

Advancing Human Potential With AI

At Workday, AI and machine learning (ML) are built into the core of our platform, not bolted on. Workday AI has been foundational in our products for nearly a decade, with more than 3,000 customers benefiting from our capabilities to boost productivity. Notably, our AI-driven skills analysis ensures employees are upskilled and in the right roles, and it has received praise from partners such as PwC:

“Organizations, including our own, are shifting to skills-based talent strategies to help improve engagement and provide career growth opportunities for their employees. Working closely with Workday, we are solving a critical challenge by bringing our skills data together, allowing us to have a holistic view of our workforce skills and tailor career experiences that help drive employee success and satisfaction.”   

Our Manager Insights Hub is another noteworthy feature, enhancing leadership capabilities and fostering employee growth.

Streamlining Business Operations

Workday AI isn’t limited to people but also helps optimize business strategies. For instance, Workday Scheduling and Labor Optimization offers AI-driven recommendations for optimized schedules, which is especially helpful for frontline workers who need flexibility and control to manage their schedules. 

Workday Adaptive Planning is another example. Since it easily connects with Workday HCM, changes in employee data automatically update financial and workforce plans, giving faster insights for better forecasting.

Global Payroll Solutions

By combining the value of our payroll solution with Workday HCM, customers get the benefit of a unified data core, making it easier to inform business decisions and stay compliant with local tax laws.

“With Workday, we can forecast in local currencies and consolidate them companywide, which gives us the right information to plan from,” says a Group FP&A Manager from UK-based Equiniti Services Limited. “Our previous general ledger and disparate payroll systems couldn’t do that.” 

We’ve expanded with Workday Payroll for Australia and deepened integrations with global payroll partners.

Shaping the Future of Work 

To us, our eight-year recognition in the Gartner Magic Quadrant for HCM underscores our focus on delivering solutions that create real value. Southwest Airlines is one of the many organizations that has benefited from our offering: 

“Workday is absolutely transformative to our business . . . it’s going to allow us to scale and mature our HR function in a way that we never could have imagined.”

Workday HCM sets itself apart by offering a complete package of foundational solutions—recruiting, payroll, talent, workforce, and more—all within a unified cloud-based system. Our approach to innovation means we’ll keep pushing boundaries to create employee experiences that drive business forward.

Read “2023 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises” to see why else we’ve been named a Leader for eight consecutive years.

¹ Gartner “Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises,” by Ranadip Chandra, Sam Grinter, Chris Pang, Jeff Freyermuth, Ron Hanscome, Helen Poitevin, John Kostoulas, Emi Chiba, Rania Stewart, October 18, 2023.

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