Enterprise cloud application provider Workday, Inc. launched a series of new artificial intelligence and machine learning tools to boost employee experiences and efficiency.
The announcement was made during the company’s Workday Rising annual customer conference.
Workday AI models are fueled by over 625 billion transactions processed by the system annually. The company unveiled multiple new AI solutions, including:
- Generative AI capabilities addresses common business challenges such as generating job descriptions, knowledge-based articles, employee growth plans, and statements of work, and contract analysis and corrections.
- The Workday AI Marketplace to help customers easily find and deploy proven, trustworthy, and responsible AI and machine learning apps within the Workday ecosystem.
- Workday AI Gateway within Workday Extend to enable developers to build intelligent and responsible apps using Workday AI.
Apart from these, the company also launched new capabilities to aid businesses and firms in managing assets such as people and money. These include:
- Generative AI capabilities in Workday Adaptive Planning for a streamlined user experience, along with new features for collaboration across finance and HR, streamline headcount planning, reconcile and report faster, and deliver increased transparency to business stakeholders.
- Manager Insights Hub, a new solution within Workday Human Capital Management (HCM) that delivers a simplified and elevated manager experience powered by AI.
- A new User Success Platform, which includes new tools that give employees real-time, contextual guidance on how to complete complex tasks right within their workflow.
"More than 10,000 organisations around the world rely on Workday to manage their most valuable assets – their people and their money," said Carl Eschenbach, co-CEO, Workday.
He added that they are “writing the playbook for the way the future works” through the power of artificial intelligence and machine learning.
