Workday Inc. WDAY has revealed that its retail and hospitality business has crossed the $1 billion mark in annual recurring revenues, backed by multiple customer wins. In the current evolving market scenario, enterprises often grapple with a multitude of challenges spanning financial processes, workforce dynamics and overall business operations. An IDC report suggests that around 44% of retailers lack visibility in business operations across front and back offices. This hinders management's ability to effectively recruit, train and strategically allocate resources to address crucial skill gaps within key areas of the business process. Workday, with its robust AI-powered portfolio, is effectively addressing these issues. Workday Solutions Marketplace includes a wide array of finance, HR and planning solutions dedicated to retail and hospitality use cases.