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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300Workday FY2025 Q3: $2.16 Billion Revenue Marks 15.8% Growth, Fueled by Subscription Success and AI Innovation
Workday has reported strong Q3 FY2025 results, with total revenues of $2.16 billion (+15.8% YoY) and subscription revenues of $1.959 billion (+15.8% YoY). Operating income rose to $165 million, and non-GAAP diluted EPS reached $1.89, showca
Company NewsUKG Unveils Bryte AI Agents and Capabilities to Transform Employee Experiences for the UKG Pro HCM suite
UKG has introduced UKG Bryte™ AI Agents within its Pro HCM suite, leveraging advanced AI like Large Action Models to automate complex processes and enhance workplace experiences. These agents, focusing initially on compliance and talent man
Company NewsDayforce Reports Impressive Q3 2024 Results: $440 Million in Total Revenue, 19% Growth in Recurring Revenue
Dayforce, a global leader in human capital management technology, reported strong financial performance for Q3 2024, with a notable increase in total revenue to $440.0 million, up 17% year-over-year. Recurring revenue from the Dayforce plat
Company NewsWorkday Named a Leader in 2024 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises for Ninth Consecutive Year
Workday has been recognized as a Leader in the Gartner Magic Quadrant for Cloud HCM Suites for the ninth consecutive year, noted for its ability to execute and innovate. Workday’s AI-powered Illuminate platform enhances workforce management
Product NewsUnily Introduces First-Ever Bring-Your-Own AI Assistant Platform
Unily has launched the Insight Center, a pioneering solution for integrating and managing digital assistants through its Bring-Your-Own-Assistant (BYOA) capability, offering enterprises flexibility and governance in AI adoption. In addition
Product NewsCentrical Launches Team Performance Central & AI Assistant, Saving Team Leaders More Than 4 Hours Per Week While Elevating Frontline Performance
Solution provides a unified view of team performance, and a breakthrough AI-powered manager assist tool Summary: Centrical Launches New Team Performance Central and AI Assistant : Introducing a groundbreaking solution to provide frontline t
Company NewsUKG Launches Global Operations Hub in Ireland
UKG , a leader in HR, payroll, and workforce management solutions, is set to more than double its workforce in Ireland by establishing a new Global Operations Hub in Kilkenny. Partnering with the Irish government through IDA Ireland, UKG pl
Company NewsWorkday Announces Fiscal 2025 Second Quarter Financial Results
Workday, Inc. reported strong fiscal 2025 second quarter results, with total revenues reaching $2.085 billion, up 16.7% year-over-year, and subscription revenues at $1.903 billion, up 17.2%. The company’s non-GAAP operating income increased
Venture CapitalRising Team Raises $8 Million Series A and Introduces Personalized AI Leadership Coach for Building High-Performing Teams
Rising Team, based in Menlo Park, California, has successfully secured $8 million in Series A funding led by Zeal Capital Partners. This investment will support the expansion of its team performance platform, focusing on AI enhancements, hi
Company NewsWorkTango Appoints Monique McDonough as Chief Executive Officer
AUSTIN, Texas, June 03, 2024- WorkTango , an award-winning employee experience platform, today announced the appointment of Monique McDonough as Chief Executive Officer. McDonough, who previously served as Chief Operating Officer at WorkTan
Company NewsPlum Teams Up with hireEZ to Improve Recruiting Outcomes Through Job Matching
Plum and hireEZ have announced a strategic partnership aimed at revolutionizing talent acquisition and management. By combining Plum's psychometric solutions and hireEZ's AI-driven talent acquisition platform, this collaboration provides or
Venture CapitalBridgepoint to back LumApps as majority investor for its next stage of growth
LumApps , a French startup known for its "intranet superapp" platform for internal communications and workforce applications, has announced that private equity firm Bridgepoint will acquire a majority stake in a $650 million deal. This tran
ColumnWorkday's Q1 FY2025: A Surge in Revenues and AI-Driven Growth
Workday, Inc. reported impressive fiscal 2025 first-quarter results, showcasing strong revenue growth and significant improvements in profitability. Total revenues reached $1.990 billion, an 18.1% year-over-year increase, while subscription
Venture CapitalAnthropos raises $2.7M to help companies build the workforce of the future using AI
Anthropos , a startup with offices in the US and Switzerland, has raised $2.7 million in pre-seed funding to address the pressing issues of talent shortage and skills development. The platform, founded by Stefano Bellasio and Giacomo Marina
Company NewsCustomer Confidence, Trust in UKG Solutions Drive Strong Results for First-Quarter Fiscal 2024
UKG reported a successful first quarter for fiscal 2024, marked by strong customer loyalty and significant business growth. The period was notable for an increase in customer migrations to modern UKG solutions, particularly among larger cli
Product NewsLattice Unveils a Bold Evolution for its People Platform Powered by Artificial Intelligence, Announces AI Engagement Insights Built on OpenAI
Lattice has launched a new initiative, Lattice AI, to enhance its HR software by incorporating artificial intelligence aimed at humanizing the employee experience. This move aims to support employees, managers, and HR teams by providing A
ColumnWorkday Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results
Workday, Inc. announced its fiscal 2024 fourth quarter and full-year results, revealing significant growth. The company reported a 17% year-over-year increase in total revenues for the fourth quarter, reaching $1.9 billion, with subscript
Company NewsBeekeeper Sees Continued Momentum in Frontline Industries, Helping more than 1,300 Organizations Solve the Frontline Disconnect with Digital Solutions
Beekeeper , a leading provider of digital solutions for deskless workers, continues to make significant strides in connecting frontline workers across various industries including hospitality, healthcare, construction, and manufacturing. Wi
Company NewsModern HR Software Solutions Introduce New Features to Enhance Workplace Efficiency in 2024
New AI-powered applicant tracking, precise geofencing, advanced insights, time-saving documentation, and payroll integration MIAMI , Jan. 30, 2024 With the New Year underway, many businesses are reevaluating their HR software solutions to
ColumnUKG Helps Two-Thirds of NRF Top 100 Retailers Create Great Workplaces
AI-powered HCM suite built with the world’s largest collection of people, work, and culture data transforms the employee experience. LOWELL, Mass. & WESTON, Fla. UKG , a leading provider of HR, payroll, workforce management, and culture sol
Product NewsYellow.ai Announces Listing of its Generative AI-powered Voicebots and Chatbots on Zendesk Marketplace
The listing will enable enterprises to deliver human-like experiences through Yellow.ai's Dynamic Automation Platform (DAP), leading to 60 percent reduction in operational costs. SAN MATEO, Calif. , Dec. 12, 2023 Yellow.ai , a global lea
Company NewsWorkday Announces Fiscal 2024 Third Quarter Financial Results
·Fiscal Third Quarter Total Revenues of $1.87 Billion, Up 16.7% Year Over Year ·Subscription Revenues of $1.69 Billion, Up 18.1% Year Over Year ·12-Month Subscription Revenue Backlog of $6.05 Billion, Up 21.9% Year Over Year PLEASANTON, C
Venture CapitalEnable Powers Up with $120M Series D Funding to Revolutionize Rebate Management
Enable has secured a substantial $120M in Series D funding, placing its valuation at $1.12B, as it continues to revolutionize rebate management in the global supply chain. Emphasizing the simplicity and strategic importance of rebates, Enab
Venture CapitalRedefining Hospitality Workforce Management: New York's Harri Raises $43M in Latest Funding
Harri, a leader in Frontline Employee Experience technology, has successfully closed its Series B funding round, raising $43M led by Atalaya Capital Management and Golub Growth. The funding will accelerate Harri's expansion and innovation i
Company NewsPapaya Global Amplifies U.S. Workforce Capabilities with Comprehensive Payroll and EoR Solutions
With this expansion, Papaya Global provides a complete suite of solutions including Payroll, EoR and PEO, to drive growth by enabling global organizations to hire confidently in the US market TEL-AVIV, Israel , Sept. 12, 2023 - Papaya Glo
Company NewsPapaya Global and HiBob Team Up to Integrate HR and Payroll Management for Multinational Businesses
LONDON and TEL AVIV, Israel -- HiBob , the company behind Bob, the modern HR platform that powers productivity, engagement and retention, and Papaya Global , the only dedicated payroll and payments platform for global workforces, annou
WorkdayWorkday Announces Fiscal 2024 Second Quarter Financial Results with 16.3% YoY Increase in Total Revenues
PLEASANTON, Calif., Aug. 24, 2023 -- Workday , Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, announced results for the fiscal 2024 second quarter ended July 31, 2023. Fiscal 2024 Second Quar
Company NewsHR SaaS Provider Vantage Circle Opens Americas HQ In Calgary To Expand Its Market
Vantage Circle selected Calgary as headquarters for company’s Americas and international growth operations Special guests at the official opening included the CEO of Calgary Economic Development Brad Parry and the Mayor of Calgary Jyoti Gon
Company NewsBonusly Enhances Employee Rewards and Recognition Platform, Enabling Companies to Boost Productivity and Increase Retention
No. 1 Employee Recognition Platform Unveils New Capabilities to Help Companies Build Winning Cultures of Appreciation LAS VEGAS , June 12, 2023 / -- Bonusly , an engaging recognition and rewards platform that connects teams and enriches c
Company NewsClient Giant Expands its HR Offering into the Happier People Platform to Improve Employee Engagement and Boost Workplace Morale
Job hunting jumps 12% just before birthdays; Happier People features enhanced tools tailored to drive employee retention, engagement and happiness - and never miss a birthday or milestone IRVINE, Calif. , June 6, 2023 -- Client Giant , a
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