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Workday FY23 Q1 Earnings: The Pressure’s On as Organizations Push Out Deals

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Manage episode 331869414 series 1447003
Innhold levert av Insights for IT Negotiations. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Insights for IT Negotiations eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
Workday recently reported their FY23 Q1 earnings, and while it reported a good quarter, Workday did experience some challenges and deals being pushed to the second half of FY23. Organizations are responding to the looming economic uncertainty and resulting turnover at the executive level by tapping the breaks on engagements. While Workday still saw a subscription revenue growth of 23%, it was clear during the earnings call that there is some pressure because of organizations’ postponing deals out to the latter half of the year. In this podcast, Workday Practice Leader Jeffrey Lazarto discusses how Workday will continue towards its goal of reaching $10B in revenue and more than 20% subscription revenue growth despite these added pressures as well as how customers can position themselves so they are negotiating in a buyers’ market. Host: Jeff Lazarto: https://bit.ly/37eCXdN Workday Commercial Advisory Services: https://bit.ly/3A6KOXt
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286 episoder

Artwork
iconDel
 
Manage episode 331869414 series 1447003
Innhold levert av Insights for IT Negotiations. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Insights for IT Negotiations eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
Workday recently reported their FY23 Q1 earnings, and while it reported a good quarter, Workday did experience some challenges and deals being pushed to the second half of FY23. Organizations are responding to the looming economic uncertainty and resulting turnover at the executive level by tapping the breaks on engagements. While Workday still saw a subscription revenue growth of 23%, it was clear during the earnings call that there is some pressure because of organizations’ postponing deals out to the latter half of the year. In this podcast, Workday Practice Leader Jeffrey Lazarto discusses how Workday will continue towards its goal of reaching $10B in revenue and more than 20% subscription revenue growth despite these added pressures as well as how customers can position themselves so they are negotiating in a buyers’ market. Host: Jeff Lazarto: https://bit.ly/37eCXdN Workday Commercial Advisory Services: https://bit.ly/3A6KOXt
  continue reading

286 episoder

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