Illuminate Harnesses the Power of the World's
Largest HR and Finance Dataset to Drive Enterprise Transformation
With AI
Experience the Future of Work at Workday
Rising 2024
LAS
VEGAS, Sept. 17, 2024 /PRNewswire/
-- Workday, Inc. (NASDAQ: WDAY), a leading provider of
solutions to help organizations manage their people and money,
today announced Illuminate, the next generation of Workday AI.
Built on the world's largest and cleanest HR and finance dataset,
Illuminate accelerates manual tasks, assists every employee, and
ultimately transforms entire business processes.
AI That Taps Into the Combined Power of HR and Finance Data
and Context
Illuminate models are fueled by the more
than 800 billion business transactions processed by the Workday
platform annually. But the data alone doesn't tell the full story.
Illuminate understands not only the data but also the context—the
"why" or "how" behind every HR and financial process, such as how
processes are connected, the people and roles involved, and the
current task at hand – along with previous conversational AI
interactions. With this powerful combination of data and context,
Illuminate enables precise decision-making, anticipates employee
needs, and delivers personalized experiences like never
before.
"The business world is in the midst of a tectonic shift, excited
about the immense potential of AI while also struggling to
implement it in a way that drives meaningful results," said
Carl Eschenbach, CEO, Workday. "By
placing tangible business value, responsible innovation, and
user-centric design at the forefront, Workday Illuminate empowers
businesses to harness AI's full potential to drive unprecedented
productivity and move forever forward."
Illuminate: Transforming the Way People
Work
Illuminate works across the Workday platform,
delivering powerful insights for precise decision making and
streamlined actions. Illuminate will help organizations drive
exponential productivity gains and significant cost savings in the
following ways:
- Accelerating common tasks with generative
AI. Illuminate leverages generative AI to expedite content
creation and summarization for things like job descriptions, talent
highlights, messages, knowledge articles, contracts, and more.
Additionally, it offers insights and automation tools, including
anomaly detection, auto-filling, prompting, and document scanning
to further streamline tasks.
- Delivering real-time AI assistance in the flow of
work. Illuminate reduces friction and helps employees
prioritize critical work. The new Workday
Assistant facilitates seamless, intuitive assistance across
routine HR and finance tasks, providing real-time guidance through
complex processes to allow employees to focus on more strategic
work.
- Transforming entire business processes with AI
orchestration: Illuminate anticipates and streamlines
common business processes to transform the way work gets done. It
will provide every user with a "team" of business process experts,
or agents, that can operate with and on behalf of the user.
Illuminate will also conduct end-to-end business process
orchestration, coordinating multiple agents and managing complex
cross-platform processes.
Illuminate elevates people by enabling them to focus on the work
that matters and do the things that are uniquely human – from
spending more time with customers, constituents, or patients to
pursuing more creative and meaningful work to building critical
peer, team, and stakeholder relationships.
Workday Ecosystem Extends the Power of
Illuminate
Illuminate also lets customers use AI innovations
from Workday's partners, or developed through Workday AI Gateway,
and orchestrates processes across all of them on the same platform.
This allows customers to leverage their existing AI investments and
extend the power of Illuminate, driving even greater value and
innovation across their organizations.
"The rapid adoption of AI across enterprises has created a
complex web of models, data pipelines, and infrastructure," said
Bob Evans of Cloud Wars. "For
businesses that want to effectively manage, scale, and govern their
AI initiatives – ensuring they deliver real value while also
mitigating risk – it's absolutely essential to get all of those AI
components working together to complete more complex
cross-functional tasks. Workday Illuminate will provide that
cross-platform AI orchestration that businesses will need to be
successful in this age of AI."
Availability
Workday Illuminate is available to
customers now, and will continue to evolve as part of Workday's
robust three year AI roadmap.
For More Information
- Learn more about Workday's new AI agents.
- Read about the new Workday AI-powered user experience and
Workday Assistant.
- Become an enterprise AI expert with Workday AI
Masterclass.
- Register and attend Workday Rising sessions in the digital
program:
- Innovation Keynote: The Workday Platform Drives You Forever
Forward [KEY02], Sept. 17 at
8:30am PT.
- Workday AI: Strategy and Vision [PSVIT1890], Sept. 17 at 1:15pm
PT.
About Workday
Workday is a leading enterprise
platform that helps organizations manage their most important
assets – their people and money. The Workday platform is built
with AI at the core to help customers elevate people, supercharge
work, and move their business forever forward. Workday is used by
more than 10,500 organizations around the world and across
industries – from medium-sized businesses to more than 60% of the
Fortune 500. For more information about Workday, visit
workday.com.
© 2024 Workday, Inc. All rights reserved. Workday and the
Workday logo are registered trademarks of Workday, Inc. All other
brand and product names are trademarks or registered trademarks of
their respective holders.
Forward-Looking Statements
This press release contains
forward-looking statements including, among other things,
statements regarding Workday's plans, beliefs, and expectations.
These forward-looking statements are based only on currently
available information and our current beliefs, expectations, and
assumptions. Because forward-looking statements relate to the
future, they are subject to inherent risks, uncertainties,
assumptions, and changes in circumstances that are difficult to
predict and many of which are outside of our control. If the risks
materialize, assumptions prove incorrect, or we experience
unexpected changes in circumstances, actual results could differ
materially from the results implied by these forward-looking
statements, and therefore you should not rely on any
forward-looking statements. Risks include, but are not limited to,
risks described in our filings with the Securities and Exchange
Commission ("SEC"), including our most recent report on Form 10-Q
or Form 10-K and other reports that we have filed and will file
with the SEC from time to time, which could cause actual results to
vary from expectations. Workday assumes no obligation to, and does
not currently intend to, update any such forward-looking statements
after the date of this release, except as required by law.
Any unreleased services, features, or functions referenced in
this document, our website, or other press releases or public
statements that are not currently available are subject to change
at Workday's discretion and may not be delivered as planned or at
all. Customers who purchase Workday services should make their
purchase decisions based upon services, features, and functions
that are currently available.
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SOURCE Workday Inc.