Analytics and Insights

News and guidance on using data-driven insights to make better decisions.

Analytics and Insights Finance

How Banks and Insurers Can Turn Quantities of Data Into Quality Insights

Banks and insurers need to know how unprecedented disruption impacts customer behavior, and consequently, the business. This article, the first in a two-part series, explores why combining operational and finance data is essential for business insights.

Jim Gahagan January 21, 2021
Analytics and Insights Finance

How Finance Can Accelerate Digital Transformation—Even in Complex ERP Environments

Digital transformation comes in different forms, and for many organizations, “rip and replace” isn’t an option. Barbara Larson explains how Workday’s enterprise finance solution empowers finance teams to deliver business insights and strategic planning within multi-system environments.

Barbara Larson November 11, 2020
Analytics and Insights Planning

Even in Times of Uncertainty, Banks Can Chart a Course for Growth

Disruption is no longer a dark cloud on the horizon. It’s present and fully accounted for, and banks are transforming their planning operations with agile solutions so they can chart a course for growth—no matter what weather lies ahead.

Jim Gahagan October 29, 2020
Analytics and Insights Technology Innovation

Global Study: Organizational Agility Is Crucial During Global Pandemic

The second installment of our global survey, “Organizational Agility At Scale: The Key to Driving Digital Growth,” found that the pandemic has forced business leaders the world over to take a hard look at what they’re doing right, and what needs improving inside their own organizations.

Josh Krist October 16, 2020
Analytics and Insights Planning

3 Steps for Planning in a Changing World

Technological advances, ever-increasing customer expectations, and smarter, data-driven decision-making put pressure on finance teams to find new ways to operate with agility. But how do you plan in a way that allows you to respond to such events, from the predictable to the unlikely?

Bob Hansen July 17, 2020
Analytics and Insights Human Resources

Bringing Out the Best in Your Workforce

Workday’s Greg Pryor recently chatted with Marcus Erb, vice president of data science and innovation and Matt Bush, culture coaching lead at Great Place to Work, to discuss the data science behind being a great place to work for all, under all circumstances.

Ellen Murphy July 10, 2020
Analytics and Insights Workday News and Culture

Focusing on People to Make Companies Stronger

We’ve launched three new solutions—fueled by machine learning and other advanced technologies—to empower companies to create hyper-personalized employee experiences, respond faster, and better understand their workforces.

Pete Schlampp June 24, 2020
Analytics and Insights Human Resources

Workday Podcast: Why the Spotlight Is on People Analytics

How do you measure the quality of the employee experience within your organization? Workday’s Phil Willburn, head of people analytics and insights, discusses how deeper insights into your own data can help improve that experience.

Workday Staff Writers March 17, 2020
Analytics and Insights Finance

3 Key Ingredients of M&A Success

Many companies have mergers and acquisitions (M&A) on their radar in 2020. Robynne Sisco, co-president and CFO at Workday, identifies key factors for M&A success based on our own experiences acquiring Adaptive Insights and Scout RFP.

Robynne Sisco February 21, 2020
Analytics and Insights

Workday Podcast: How the Best Stay on Top in Professional Services

With fierce competition, it’s tough for any business to get to the top and stay there. Industry analyst Jeanne Urich explains how the most successful professional and business services firms do it.

Workday Staff Writers February 11, 2020
Analytics and Insights Technology Innovation

8 Ways to Help Ensure Your Company’s AI Is Ethical

Based on our experiences, here are eight lessons for technology companies looking to champion a commitment to ethical artificial intelligence (AI) across their organization.

Barbara Cosgrove January 16, 2020
Analytics and Insights Finance

Financial Services: Why Is Data Stuck in the Dark Ages?

The traditional view of data is no longer a fit for the changing world of business. Just like how the printing press accelerated the dissemination of knowledge, modern innovations have furthered the power of data.

Jim Gahagan January 02, 2020
Analytics and Insights Technology Innovation

How AI Improves Predictions, Not Human Judgment

Ajay Agrawal, co-author of “Prediction Machines: The Simple Economics of Artificial Intelligence,” provides business leaders with actionable advice on how to realize the value of AI.

Josh Krist December 12, 2019
Analytics and Insights Technology Innovation

Why a Midsize Company’s Best Employee Could Be the ‘Citizen Data Scientist’

You don't necessarily need formally trained experts to gain data-driven insights—others can put their (analytical) minds to it. Here's how to cultivate citizen data scientists in your midsize company.

Jillian Ogawa December 06, 2019
Analytics and Insights

Organizational Agility: Making Informed Decisions with Speed

Our research finds a strong correlation between enterprise-wide data access and the ability of businesses to make the best decisions for their future success.

Workday Staff Writers November 14, 2019
Analytics and Insights

How Your Professional Services Firm Stacks Up Against the Competition

In the webinar, “Best in Class KPIs: Benchmarking Your Professional Services Business,” Jeanne Urich, managing director of SPI, shares compelling data from her company’s 2019 Professional Services Maturity Benchmark.

Julie Jares August 05, 2019
Analytics and Insights

Workday Podcast: Don’t Take Payroll for Granted

Experts discuss how payroll professionals can cope with changing regulations, higher expectations, and shifting workforce dynamics.

Josh Krist June 12, 2019
Analytics and Insights Customers and Community

Shelter Insurance Brings HR, Financials, and Analytics Together, part 2

The director of accounting at Shelter Insurance shares how his team is using Workday Prism Analytics to increase efficiencies, layer in data, and gain insights into Shelter's workforce and financials.

Chris Artemenko May 07, 2019
Analytics and Insights Customers and Community

Shelter Insurance Brings HR, Financials, and Analytics Together, part 1

The director of accounting at Shelter Insurance shares his experience of deploying Workday HCM, including benefits they're already seeing from having financials and HR in one system.

Chris Artemenko May 06, 2019
Analytics and Insights

Workday Podcast: How CFOs Can Forge an Analytics-Driven Culture

How can CFOs be catalysts for change? Matt Schwenderman of Deloitte Consulting LLP explains how this starts by creating an analytics-driven culture.

Greg Thomas March 12, 2019
Analytics and Insights

Announcing Workday People Analytics: Leveraging the Strength of AI, Machine Learning, and Augmented Analytics

Almost all companies produce far more data than they can analyze, and for quite a while, Workday’s goal has been to help companies extract valuable insights. Today, we’re pleased to announce Workday People Analytics, a new application that will give executives, organization leaders, and HR business partners a view into the most critical trends in their workforce, and an understanding of the most likely drivers of those trends.

Pete Schlampp October 02, 2018
Analytics and Insights

Scale or Derail: Three Ways to Improve Your Firm’s Efficiency

Effectively handling growth means thoughtfully approaching scaling, which is about more than just piling on more people and resources. That can actually slow your professional services' firm down if you don't create sustainable business practices and processes that revolve around consistent, reliable data.

Patrice Cappello June 12, 2018
Analytics and Insights Technology Innovation

Financial Services: Innovating in a Risk-Averse Industry

When it comes to innovation, many financial organizations focus solely on optimizing the customer experience. Yet firms must evaluate their internal systems with just as much scrutiny. Learn how the right technology can enable your employees, improve business performance, and help keep data secure.

Chris Artemenko May 25, 2018
Analytics and Insights

Workday Furthers the Power of Analytics with Data Discovery

Last October, Workday announced the availability of Workday Prism Analytics, providing self-service tools across the entire analytics process. Today, Workday Prism Analytics has moved into primetime with the introduction of data discovery, a new way to build reports and explore your data visually in Workday. Learn more in this interview with Pete Schlampp, vice president of Workday Analytics.

Workday Staff Writers May 22, 2018
Analytics and Insights Technology Innovation

The Role of the Cloud in Healthcare Data Security

Data security became front and center in 2017, and organizations that collect personal data are held to an even higher standard. Learn how a cloud approach, coupled with a "culture of security," can help healthcare providers keep data safe.

Keith Lohkamp February 27, 2018
Analytics and Insights

How Financial Services Firms Can Shift from Data Hoarding to Decision-Making

While financial services firms have innovated their front office with new technologies to meet rising customer expectations, they may have overlooked the needs of their internal customers—their employees. With the right strategy and systems to make sense of information, organizations and their employees can turn valuable finance and HR data from a collection of facts into actionable insights.

Chris Artemenko December 06, 2017
Analytics and Insights

Talking Analytics with Ray Wang of Constellation Research

Pete Schlampp, vice president of Workday Analytics, interviews R. “Ray” Wang, founder and chairman of Constellation Research, and author of the book, "Disrupting Digital Business." Wang reveals what business leaders should be thinking about when it comes to the accelerating evolution of enterprise analytics.

Pete Schlampp December 05, 2017
Analytics and Insights

How Workday is Doubling Down on Data and Analytics

Companies are awash in a sea of data, but short on ways to quickly turn that data into information they can act on with confidence. At Workday, we’re extending our customers’ ability to gain more from their data with two new products, Workday Benchmarking and Workday Prism Analytics. Read more from Pete Schlampp.

Pete Schlampp October 10, 2017
Analytics and Insights

Finance Organizations Transform with Self-Service Analytics

CFOs are increasingly adopting self-service analytics to get the insights that will help them drive their organizations forward—and to help their business partners make decisions better aligned with financial goals.

Pete Schlampp April 10, 2017
Analytics and Insights Technology Innovation

Why Student Information Systems Will Shape Higher Education

Next-generation IT is top-of-mind for many higher education CIOs. How can new technologies help colleges and universities better support our next generation of students?

Liz Dietz February 21, 2017
Analytics and Insights

Why the Healthcare Industry is Moving to the Cloud

A greater focus on actionable insights, employee engagement, and supply chain management is prompting more healthcare organizations to move to cloud-based enterprise systems. Learn more from Workday's healthcare customers in Keith Lohkamp's blog.

Keith Lohkamp February 19, 2017
Analytics and Insights

Workday Unveils Data-as-a-Service Based on Customer Demand

Workday's new Data-as-a-Service extends the analytical power of Workday in an innovative new way. Most importantly, our customers told us they need real-time, drillable information that delivers the kind of business benchmarks required in today’s world.

Workday Staff Writers September 26, 2016
Analytics and Insights

4 Essential Tips for Leading a Smart Data Strategy

The CIO has an incredible opportunity to take the lead on developing a data strategy that results in the best decisions for customers and the business. Workday CIO Diana McKenzie shares lessons learned about guiding a successful data strategy.

Diana McKenzie August 18, 2016
Analytics and Insights

The Future of HR Analytics: Q&A with Workday’s Adeyemi Ajao

Adeyemi Ajao, VP of technology product strategy at Workday, discusses trends in HR analytics and what HR professionals need to be thinking about.

Workday Staff Writers October 19, 2015
Analytics and Insights

Workday Acquires Upshot, Strengthens Data Science Expertise

From Harvard to Hackathon to Workday, Thomas Kim and Joseph Turian are helping to bring the latest innovations in data science to enterprise customers.

Workday Staff Writers July 14, 2015
Analytics and Insights

In Our Customers’ Words: Driving Better Business Decisions and Growth

Customers often say Workday delivers the insights they need to support their growth strategies. Dan Beck shares some of those stories, and describes how Workday is different by design.

Dan Beck June 17, 2015
Analytics and Insights

5 Questions on Workday Professional Services Automation

Today we introduced Workday Professional Services Automation (PSA), a new solution I am very excited about. Here are some of the questions I've received from customers, prospects, and partners about Workday PSA and how it's differentiated.

Betsy Bland April 09, 2015
Analytics and Insights

How Data Plays Matchmaker between Students and Colleges

In the book “College Unbound,” author Jeff Selingo observes that if online dating sites can “help two people fall in love based on a short questionnaire, we should be able to design a better method for matching students with colleges.” Selingo’s observation highlights one of the biggest challenges that higher institutions face today: recruiting the right students.

Liz Dietz February 25, 2015
Analytics and Insights

Predict & Prepare 2015: Experts Recommend Putting Data to Work

At Workday’s 7th annual Predict & Prepare, a panel of industry experts discussed how individuals and organizations should best prepare for 2015 in the areas of finance, human resources, and technology. While they didn’t agree on everything, panelists did find areas of common ground. Chief among them was the growing opportunity to use data to gain insights.

Workday Staff Writers December 31, 2014
Analytics and Insights

Profile: Mohammad Sabah, Director of Data Science at Workday

Mohammad Sabah has always been searching for answers. As a child he spent hours piecing together clues in detective novels, and as he grew older he took a personal interest in the study and comparison of world religions.

Workday Staff Writers December 15, 2014
Analytics and Insights

5 Questions on Workday Insight Applications

Workday today announced Workday Insight Applications, a brand new approach to business analytics. Workday's Dan Beck, vice president of technology products and Adeyemi "Ade" Ajao, vice president of technology strategy, answer five questions about how the applications work─and the talent and technology behind them.

Workday Staff Writers November 04, 2014
Analytics and Insights

Developing Workday Big Data Analytics With Customers, For Customers

At last year’s Workday Rising our Co-Founder and Co-CEO Aneel Bhusri announced our plans to offer Workday Big Data Analytics. Earlier today, Aneel announced during his Workday Rising 2013 keynote address that Workday Big Data Analytics is now available as part of our latest update, Workday 20. The timing is very fitting, and not just because it’s our annual customer conference.

Dan Beck September 10, 2013