Workday, Inc. (NasdaqGS:WDAY) is looking for mergers and acquisitions (M&A). Co-Chief Executive Officer, Aneel Bhusri, said "we have confidence that we can drive 20%-plus organic growth on the path to $10 billion. Having said that, we continue to look at M&A. We have a high bar with M&A when it comes to culture, when it comes to technology. It's got to be strategic to our customer base. But when we find those targets, like another Peakon or another Scout, we certainly will execute on that, and we would expect that to drive top line growth even higher".
Workday Inc. is specialized in the publishing of cloud-based management software for businesses, educational institutions and government bodies. The group offers financial management and human resources and analytical solutions for the finance, technology, communications, professional services, healthcare, pharmaceuticals, insurance, manufacturing, distribution, hotel, higher education and government administration sectors.
Net sales by source of income break down between sales and subscriptions (89.6%) and professional services (10.4%).
75.3% of the revenue is generated in the United States.