With the new cloud platform, Workday is entering into Platform as a Service (PaaS) along with Software as a Service (SaaS). The main objective of developing a cloud platform is to design a tool for the users which they can use to manage and build their business applications. The applications structured on the Workday’s cloud platform are secured with Workday’s security system.
Workday’s cloud platform will be an entirely new chapter in the Workday applications. The cloud platform is different from other conventional platforms in terms of openness as the building blocks of the application will be exposed to the customers in the form of Rest APIs and documentation. With the help of these APIs, the customers can develop tools, models and infrastructure of their choice.
The new offering from Workday is built on the five main pillars of Platform, APIs, Data, Developer Site and community. Also it is important to note that there has been an open access to some of the underlying Workday’s services that can enable customers to build an application like Workday. Some of the underlying algorithms, statistical models are also exposed through certain analytical services which might include data like time series forecasting or any recommendations.
There are any other benefits that a cloud platform can provide to its customers.
- Workday platform can merge the Workday data with external applications like knowledge database and wellness applications
- Easy integration of third party services through Workday email or chat applications
- Companies can streamline their business processes like employee assistance, relocation and any kind of compensation.