Welcome!

Microservices Expo Authors: Liz McMillan, Pat Romanski, Elizabeth White, Mehdi Daoudi, Yeshim Deniz

Related Topics: IBM Cloud, Artificial Intelligence, @CloudExpo

IBM Cloud: Article

Another $75m Poured into Cloud Computing Start-Up

Industry analyst Amy Wohl says she expects Workday "to be the new SAP eventually"

Workday, PeopleSoft founder Dave Duffield's latest company, has just gotten another $75 million in funding, a sum that would bring its total to more than $150 million and must make it the most royally financed SaaS venture on the face of the earth.

The new money, Workday's fifth round, came from New Enterprise Associates as well as existing investors Greylock Partners and Duffield himself.



The company, which rents out enterprise-class HR and financial software online, means to spend it extending its product portfolio and supporting its market expansion.

To push that market expansion Workday has named Clark Newby VP of marketing. Newby was plucked out of the same job at Fortify Software. It's a job he did for PolyServe before it was acquired by HP. He's been in marketing through stints at Mercury Interactive, Kintana and the old SGI.

Industry analyst Amy Wohl says she expects Workday "to be the new SAP eventually."

The company, started in 2005 after PeopleSoft went unwillingly to Oracle for $10.3 billion, has so far collected 80 customers, from mid-sized organizations to global Fortune 500 businesses like Chiquita Brands and its bananas. Some of them ripped out their PeopleSoft installations to go with Workday.

The start-up should break even in 18 months and told the New York Times it wants to IPO.

Presumably in two-three years, when Workday should be ready, Wall Street's appetite for IPOs will have returned.

Workday revenues have doubled to $50 million and the company is expanding to Europe.

Workday competes against the Larry Ellison-funded NetSuite, which burned through around $125 million before going public, as well of course as the old guard.

Duffield remains Workday's major stockholder so any repeat of an Oracle takeover is pretty dim.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


Microservices Articles
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In their Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, and Mark Lav...
The now mainstream platform changes stemming from the first Internet boom brought many changes but didn’t really change the basic relationship between servers and the applications running on them. In fact, that was sort of the point. In his session at 18th Cloud Expo, Gordon Haff, senior cloud strategy marketing and evangelism manager at Red Hat, will discuss how today’s workloads require a new model and a new platform for development and execution. The platform must handle a wide range of rec...
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
If your cloud deployment is on AWS with predictable workloads, Reserved Instances (RIs) can provide your business substantial savings compared to pay-as-you-go, on-demand services alone. Continuous monitoring of cloud usage and active management of Elastic Compute Cloud (EC2), Relational Database Service (RDS) and ElastiCache through RIs will optimize performance. Learn how you can purchase and apply the right Reserved Instances for optimum utilization and increased ROI.
TCP (Transmission Control Protocol) is a common and reliable transmission protocol on the Internet. TCP was introduced in the 70s by Stanford University for US Defense to establish connectivity between distributed systems to maintain a backup of defense information. At the time, TCP was introduced to communicate amongst a selected set of devices for a smaller dataset over shorter distances. As the Internet evolved, however, the number of applications and users, and the types of data accessed and...
Consumer-driven contracts are an essential part of a mature microservice testing portfolio enabling independent service deployments. In this presentation we'll provide an overview of the tools, patterns and pain points we've seen when implementing contract testing in large development organizations.
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...