Salesforce.com and RightNow Technologies has proven that CRM works well in the SaaS space, Netsuite will be joined by Workday to move SaaS into the larger enterprise space.
Workday will have a web conference on Monday explaining to the public how their model is ERP 2 on steroids the software taps XML, web services and service-oriented architecture and covers finance, procurement, supply-chain planning, billing and other classic ERP characteristics.
At this stage Workday will be focusing on HR, which is the same roadmap that grew Peoplesoft until they got the Oracle treatment.
“It’s great to see another player joining the business web,” said Steve Garnett, chairman of Salesforce.com in Europe. “It is further testament to the power of the on-demand multi-tenanted model, reinforcing the fact that organisations around the globe continue to abandon the old model of software licensing to reap the benefits of efficiency, innovation and reduced costs.”
Update: Workday has released their roadmap
Workday Enterprise Business Services has four suites of services, the first Human Capital Management, and is available today. The subsequent suite
Workday Financial Management
Workday Resource Management
Workday Revenue Management
These pacjakes will be rolled out beginning in 2007. All of the Workday Enterprise Business Services share a common foundation:
"On demand: offers web-based delivery, multi-tenant architecture, 24x7x365 availability, and enhanced security.
Agile and Global: quickly adapts to meet your changing business needs.
Intuitive: built for today’s generation of information workers; offers native reporting and analytical tools to help businesses make more timely and informed decisions.
Built-in Auditing: enables tracking of all changes for governance/compliance purposes
Web Services Integration: offers out-of-the-box, standards-based integration capabilities, minimizing complexity and implementation time"
Microsoft has teamed up with workday to offer integration with the office products this should happen start of 2007.