The Cloud Opportunity – Workday perspective $wday

Aneel Bhusri – Chairman, Co-Founder and Co-CEO

And I would add, … , that in many ways it’s similar to ERP wave on client server. When a customer chose a solution whether it’s PeopleSoft or one of the other vendors, they typically stuck with that solution and they’re only coming back to market now with the shift to the cloud. And I would expect the same trend with the cloud. Once a company picks a system of record for HR, for finance, they’ll likely stick with it through this lifecycle of technology, unless frankly the vendor screws up. And we don’t plant on screwing up.

Source: Seeking Alpha