> Workday, Inc. (NASDAQ: WDAY), the enterprise AI platform for managing people, money, and agents, today announced it has entered into a definitive agreement to acquire Pipedream, a leading integration platform for AI agents
Pipedream indeed!
It blows my mind that every company has decided to call itself an “AI platform” but it blows my mind even more that the stock market apparently believes them when they say it. Workday was an HR platform five years ago. It still an HR platform today.
"managing people, money and agents" yes, that makes total sense, agents are managed exactly the same ways that you manage people or money, I don't see anyth- WHAT AM I READING?!??
That's disingenuous and uninformed, sorry. You're trying to refute my claim but kind of just proving my point.
The current price is indeed an indication of what the market believes will happen to the company's performance. It doesn't matter if their estimates will eventually be proven right or wrong. Looking at forward P/E will serve precisely to express what the market's "crystal ball" is saying! That's what we want to know. What do people think this company is worth?
Conversely, the current price and their past earnings are not related, so dividing one by the other is mostly just noise.
As someone with no experience with either of those two services, I read that description and had no idea what Workday does. So I thought, maybe their homepage will explain it better.
> Manage HR, finance, and all your AI agents. All in one place.
> Elevate the potential of your people and boost productivity across your organization with human-AI collaboration.
> Turn AI into ROI faster and deliver transformational outcomes driven by trust, agility, and data readiness you can rely on.
> 11,000+ organizations worldwide trust Workday.
Huh?
Sure, whatever, I'm not even surprised about them trying to cram AI buzzwords into every sentence, I'm used to that by now. But what's the deal with enterprise products having marketing which only makes sense to people who already use the product? Not a single sentence on their homepage explains what their product does.
Ok, let's assume I've heard about Workday and know it's a tool for HR. I want to evaluate it, so, naturally, I click the "HR solutions" link on their homepage, and get to yet another page full of buzzwords that does nothing to help me understand the service they offer.
I suppose all comes down to who runs the leading (or any) investment companies. Money people are not known to be technically literate enough for not being fooled by magic (any sufficiently advanced technology).
They are facinated by llms that they are pouring down money to AI related companies. Can you blame them? Can’t deny, I am also fascinated by llms.
> They are facinated by llms that they are pouring down money to AI related companies. Can you blame them? Can’t deny, I am also fascinated by llms.
I don’t think they’re fascinated by LLMs in the way the average Hacker News user is. They are fascinated by the pipedream (intended) of LLMs enabling them to lay off masses of workers and having AI do the work instead. It fascinates them the same way offshoring has fascinated them for years.
My company uses Workday. It is integrated with our EntraID SSO. If you leave a tab open for a few minutes, it will close your session automatically, which means logging you out of Microsoft 365 altogether. Simply bizarre. Maybe more AI will help them.
One of the hardest problems with making a configurable Enterprise Software thing with a strong brand is figuring out how not to make every misconfiguration a reflection on the brand; there’s no Workday specific reason your configuration had to federate logout in this way.
In the same vein, I always thought it was a mistake that Workday branded the recruiting portal so strongly; everyone is furious that they can’t share an account across applications but it really makes sense. They’re supplying the Workday customer with their recruiting data / PII using Workday, not furnishing that data to Workday directly, so sharing across customers would require a whole legal and data tenancy refactoring.
(disclosure: I worked at Workday for a long time ages ago and people were certainly not living with their heads in the sand. I don’t think I particularly agree with the direction the company is going but it is always interesting to reflect on some of these threads and the challenges with running that kind of business)
This is probably done to invalidate your session token, which is required in some industries (see banks, logging you out after 5 minutes of inactivity).
My head explodes when I read aabout the scamsters that are equifax and their so called "strategic partnership" with workday on payroll data.
We all should be aware that equifax — via their "strategic partner" with workday — has your ENTIRE work history with *each and every* payroll check AMOUNT ever sent to you by any W2 employer, the employer info, your address etc. It sells this info to god knows who. Its a shocking amount of info. Previous discussion on HN: https://news.ycombinator.com/item?id=29834753
I recall a year or so ago, I had frozen this info from being dissemenated to employers or sold to companies from https://employees.theworknumber.com/employee-data-freeze/ link but it seems to ask me to re-register again with your SSN and DOB. WTF. That registration would still not stop them from collecting this info.
There is no way I can even partially delete any part of this data, like I dunno the dates on which I recieved each of my paychecks. Why the fuck is that in the report?
The pay amounts also include any RSUs granted and NSOs sold.
It took many back and forths with my employer’s HR department and executives to get them to tell ADP to stop sending this info to Equifax (work number)
The other day my friend ranted to me how he hates their company system for applying for PTO. Since he said he only uses it to apply for PTO, I was wondering if it really deserves that much wrath.
For me it's just incomplete. We used to have Successfactors and although the UI was less fancy, I have the feeling it was more complete and thorough.
After so many years with Workday I still cannot sync my calendar to outlook365, so I need to manually put the entries. A problem solved a million years ago in successfactors.
Pipedream indeed!
It blows my mind that every company has decided to call itself an “AI platform” but it blows my mind even more that the stock market apparently believes them when they say it. Workday was an HR platform five years ago. It still an HR platform today.
Their multiple is 105 lol
The current price is indeed an indication of what the market believes will happen to the company's performance. It doesn't matter if their estimates will eventually be proven right or wrong. Looking at forward P/E will serve precisely to express what the market's "crystal ball" is saying! That's what we want to know. What do people think this company is worth?
Conversely, the current price and their past earnings are not related, so dividing one by the other is mostly just noise.
> Manage HR, finance, and all your AI agents. All in one place.
> Elevate the potential of your people and boost productivity across your organization with human-AI collaboration.
> Turn AI into ROI faster and deliver transformational outcomes driven by trust, agility, and data readiness you can rely on.
> 11,000+ organizations worldwide trust Workday.
Huh?
Sure, whatever, I'm not even surprised about them trying to cram AI buzzwords into every sentence, I'm used to that by now. But what's the deal with enterprise products having marketing which only makes sense to people who already use the product? Not a single sentence on their homepage explains what their product does.
Ok, let's assume I've heard about Workday and know it's a tool for HR. I want to evaluate it, so, naturally, I click the "HR solutions" link on their homepage, and get to yet another page full of buzzwords that does nothing to help me understand the service they offer.
Also, anyone who loves coming across Workday and friends (enemies) when applying for jobs?
They are facinated by llms that they are pouring down money to AI related companies. Can you blame them? Can’t deny, I am also fascinated by llms.
I don’t think they’re fascinated by LLMs in the way the average Hacker News user is. They are fascinated by the pipedream (intended) of LLMs enabling them to lay off masses of workers and having AI do the work instead. It fascinates them the same way offshoring has fascinated them for years.
I am not fascinated by that part, I am honestly scared for my future.
In the same vein, I always thought it was a mistake that Workday branded the recruiting portal so strongly; everyone is furious that they can’t share an account across applications but it really makes sense. They’re supplying the Workday customer with their recruiting data / PII using Workday, not furnishing that data to Workday directly, so sharing across customers would require a whole legal and data tenancy refactoring.
(disclosure: I worked at Workday for a long time ages ago and people were certainly not living with their heads in the sand. I don’t think I particularly agree with the direction the company is going but it is always interesting to reflect on some of these threads and the challenges with running that kind of business)
We all should be aware that equifax — via their "strategic partner" with workday — has your ENTIRE work history with *each and every* payroll check AMOUNT ever sent to you by any W2 employer, the employer info, your address etc. It sells this info to god knows who. Its a shocking amount of info. Previous discussion on HN: https://news.ycombinator.com/item?id=29834753
I recall a year or so ago, I had frozen this info from being dissemenated to employers or sold to companies from https://employees.theworknumber.com/employee-data-freeze/ link but it seems to ask me to re-register again with your SSN and DOB. WTF. That registration would still not stop them from collecting this info.
There is no way I can even partially delete any part of this data, like I dunno the dates on which I recieved each of my paychecks. Why the fuck is that in the report?
It took many back and forths with my employer’s HR department and executives to get them to tell ADP to stop sending this info to Equifax (work number)
I think I now understand.
After so many years with Workday I still cannot sync my calendar to outlook365, so I need to manually put the entries. A problem solved a million years ago in successfactors.
It is? Last I used it, it was a serverless event-driven pipeline platform
Me when I start crushing on the lady who works on the second floor of my office
This is interesting acquisition, a integration platform to boost their AI offering.
Especially if you use pipedream for integrations in your agent or product.
(I’m one of the founders)