Do Formula 1 use Workday ?
EMEA enterprise folks scrutinize deals more closely – and it's hurting Workday
SaaS application biz Workday is lowering revenue forecasts for the year after saying it is feeling the squeeze of larger customers taking longer to sign off on deals amid a wavering economy. For the three months ended April 30, Workday’s Q1 of its fiscal 2025, the company reported an 18.1 percent year-on-year jump in revenue …
COMMENTS
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Tuesday 28th May 2024 08:45 GMT rgjnk
Seems a bit feeble
How can you make such a pathetic margin selling simple *software* to your very large pool of customers?
That takes some proper skills; guess they forgot the 'as a service' bit lumbering them with costs that scale with use and then didn't work out how to charge enough for it?
Given the business and their market is now mature how do they propose to improve things from here?
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