<s>
Workday	O
,	O
Inc.	O
,	O
is	O
an	O
American	O
on‑demand	O
(	O
cloud-based	B-Architecture
)	O
financial	O
management	O
,	O
human	O
capital	O
management	O
and	O
student	B-Application
information	I-Application
system	I-Application
software	O
vendor	O
.	O
</s>
<s>
Workday	O
was	O
founded	O
by	O
David	O
Duffield	O
,	O
founder	O
and	O
former	O
CEO	O
of	O
ERP	O
company	O
PeopleSoft	O
,	O
along	O
with	O
former	O
PeopleSoft	O
chief	O
strategist	O
Aneel	O
Bhusri	O
,	O
following	O
Oracle	B-Application
's	O
acquisition	O
of	O
PeopleSoft	O
in	O
2005	O
.	O
</s>
<s>
Competitors	O
of	O
Workday	O
include	O
SAP	O
Successfactors	O
,	O
Ceridian	O
and	O
Oracle	B-Application
.	O
</s>
<s>
Its	O
shares	O
surged	O
74%	O
in	O
their	O
IPO	O
,	O
underscoring	O
investor	O
interest	O
in	O
cloud	B-Architecture
computing	I-Architecture
.	O
</s>
<s>
In	O
2016	O
Workday	O
launched	O
a	O
cloud-based	B-Architecture
Student	B-Application
information	I-Application
system	I-Application
to	O
augment	O
its	O
portfolio	O
of	O
financial	O
management	O
and	O
human	O
capital	O
management	O
products	O
.	O
</s>
<s>
Workday	O
operates	O
data	O
centers	O
located	O
in	O
Ashburn	O
,	O
Virginia	O
;	O
Lithia	O
Springs	O
,	O
Georgia	O
;	O
Portland	O
,	O
Oregon	O
;	O
Dublin	O
,	O
Ireland	O
;	O
Amsterdam	O
,	O
Netherlands	O
;	O
and	O
also	O
uses	O
Amazon	B-Application
Web	I-Application
Services	I-Application
for	O
its	O
primary	O
computing	O
infrastructure	O
platforms	O
in	O
order	O
to	O
accelerate	O
its	O
worldwide	O
expansion	O
.	O
</s>
<s>
In	O
February	O
2014	O
,	O
Workday	O
acquired	O
the	O
startup	O
Identified	O
and	O
its	O
artificial	O
intelligence	O
Syman	B-General_Concept
to	O
create	O
its	O
Insight	O
Apps	O
line	O
of	O
products	O
.	O
</s>
<s>
The	O
first	O
products	O
running	O
SYMAN	B-General_Concept
were	O
announced	O
at	O
Workday	O
Rising	O
2014	O
.	O
</s>
<s>
As	O
a	O
result	O
,	O
Workday	O
will	O
enter	O
the	O
Platform	B-Application
as	I-Application
a	I-Application
Service	I-Application
(	O
PaaS	B-Application
)	O
market	O
.	O
</s>
<s>
In	O
May	O
2021	O
,	O
Workday	O
signed	O
a	O
sponsorship	O
deal	O
with	O
Formula	B-Application
One	I-Application
as	O
the	O
regional	O
finance	O
&	O
human	O
resource	O
enterprise	O
partner	O
across	O
the	O
UK	O
and	O
Germany	O
.	O
</s>
<s>
The	O
deal	O
was	O
renewed	O
and	O
expanded	O
in	O
2022	O
,	O
where	O
Workday	O
will	O
be	O
a	O
regional	O
partner	O
of	O
Formula	B-Application
One	I-Application
in	O
a	O
multiyear	O
deal	O
.	O
</s>
