Thirty-one cents out of every dollar in revenue. That’s how much enterprise software-maker Workday spends on research and development every year. That investment feeds an unusually rapid cycle of product updates and improvements, which, in turn, has built a loyal customer base that includes more than 35% of the Fortune 500. Shareholders have had reason to stay loyal, too, to the tune of annualized returns of 27% over the past three years.
For more about what makes Workday run, see executive editor Adam Lashinsky’s feature about the company.
Company Information
Overall Score | 6.6 |
Sector | Technology |
Industry | Software |
CEO | Aneel Bhusri |
Website | http://www.workday.com |
Employees | 8,200 |
HQ Location | Pleasanton, Calif. |
Revenues ($M) (Past 12 Months) | $2,428 |
Profits ($M) (Past 12 Months) | $-335 |
Market Value as of Oct. 10, 2018 ($M) | $26,973 |