1. Workday formed an AI Advisory Board with leading academics. 2. The board will focus on responsible AI and workplace changes. 3. Research aims to guide organizations on AI's future impact. 4. This initiative could enhance Workday's market position. 5. Over 10,500 organizations use Workday's solutions globally.
Formation of the AI Advisory Board supports innovation, likely increasing investor confidence. Previous initiatives have positively influenced stock performance.
The initiative directly relates to Workday's strategic focus on AI, likely affecting its future performance.
The focus on AI may position Workday favorably for sustained growth. Past investments in AI have provided long-lasting competitive advantages.
PLEASANTON, Calif., Jan. 21, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money, today announced the Workday AI Advisory Board, a group of world-class academics that will drive industry-leading research and thought leadership on crucial topics including the impact of AI on work, workforce readiness and changes, responsible AI, and technology-powered shifts in society.
The Workday AI Advisory Board will conduct cutting edge research aimed at advancing the development of responsible AI in the workplace and helping leaders, policymakers, and society as they navigate the future of work and technology.
"Bringing together leading AI researchers to form the Workday AI Advisory Board marks an exciting step toward shepherding the future of work responsibly and enabling companies to progress their innovation agendas," said Athena Karp, general manager of HiredScore, Workday. "This collaboration will inspire our customers as they design future-forward agendas for their organizations, while informing our own products and innovation across society's most complex areas."
"It is an incredible honor to chair the Workday AI Advisory Board at this critical moment where AI is transforming our work and lives," said Toby Stuart, Helzel Distinguished Chair in Entrepreneurship, Strategy, and Innovation at UC Berkeley. "Together with Workday and its customers, we can address some of the challenges and seize the opportunities that AI presents to organizations worldwide, while promoting the technology's responsible development and deployment."
Workday is a leading enterprise platform that helps organizations manage their most important assets – their people and money. The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 10,500 organizations around the world and across industries – from medium-sized businesses to more than 60% of the Fortune 500. For more information about Workday, visit workday.com.