Workday to acquire Adaptive Insights
Summary
With Workday looking to open up its platform to other software vendors other integrations to mid tier ERP solutions are likely to remain and be developed.Tom Bogan, CEO, Adaptive Insights commented: “ Joining forces with Workday accelerates our vision to drive holistic business planning and digital transformation for our customers.Most importantly, both Adaptive Insights and Workday have an employee-first and customer-centric approach to developing enterprise software that will only increase the power of the combined companies.”Workday plans to unleash its global sales force with Adaptive insights to win further business in the FP&A space.Bhusri commented in the analyst call: “We see a tremendous opportunity to accelerate growth.” It is a lower risk strategy for the Adaptive Insights leadership.