Workday bolsters cloud offering with acquisition of Adaptive Insights

Workday, a leading provider of enterprise cloud applications for finance and human resources, completed its acquisition of Adaptive Insights, a leading cloud-based company focused on modernizing business planning, on Aug. 1.

The company will operate as Adaptive Insights, a Workday company, and Adaptive Insights CEO, Tom Bogan, will report to Workday Co-founder and CEO Aneel Bhusri.

"Running a business that stands the test of time requires a strategic approach to planning supported by the right tools and a trusted partner," Mr. Bhusri said. "That's why I couldn’t be more excited to officially welcome Adaptive Insights into the Workday family."

The addition of Adaptive Insights solutions will increase Workday customers' access to the intelligence needed to make more informed and targeted business decisions.

"Adaptive Insights was founded with a vision to create a cloud planning platform that would free people to do their best work, and we're doing that for more than 3,800 companies of all sizes," Mr. Bogan said. "Now, as part of Workday, we're able to further our vision and continued innovation with our Business Planning Cloud, while remaining true to our values and focus on employees and customers. I'm excited for all the great things we'll be able to achieve together."

To learn more about Workday's healthcare offerings, click here.

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