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Workday Needs Fast Growth To Compete With Oracle, SAP

Investor's Business Daily - Technology  |  March 6, 2013

Workday (WDAY) might see its Q4 revenue growth exceed expectations, analysts say, but it will continue to lose money as the enterprise software company pushes rapid expansion to take on its two biggest rivals, Oracle (ORCL) and SAP (SAP). Workday is slated to report fourth-quarter earnings after the market close Thursday. The company, co-founded by PeopleSoft founder David Duffield, is carving a niche in human capital management software, which