Contact Information: Media Contact Information: Andrew McCarthy Workday (925) 951-9137
Workday Launches Integration On Demand
Acquires Industry Leader Cape Clear to Offer Customers Faster, Simpler Integration On Demand
| Source: Workday, Inc.
WALNUT CREEK, CA--(Marketwire - February 6, 2008) - Workday™, Inc. is delivering
Integration On Demand, making it simple for Workday customers to link
technology solutions to meet business requirements. Workday has reached a
definitive agreement to purchase Cape Clear, the industry's leading
Enterprise Services Bus (ESB) provider. The Cape Clear ESB, already a
component of every Workday deployment, provides universal, open
standards-based connectivity for virtually all types of business
applications, information and processes.
Workday President Aneel Bhusri and Cape Clear CEO Annrai O'Toole will
discuss the news in a conference call today at 10 a.m. Pacific Time.
Toll Free: U.S. 1-800-291-4080 / Ireland 1-800-543183 / UK 0-808-234-7616
International Toll: 1-617-614-3675
Passcode: 6608 4040
The News: Acquisition details
* Workday has reached a definitive agreement to purchase Cape Clear
Software, Inc.
* Cape Clear has been recognized as the industry's leading ESB by top
research firms, including
Forrester.
* The acquisition will allow Workday to accelerate its efforts to support
customers with packaged
and custom Integration On Demand.
* Cape Clear will become Workday's integration team, based in Dublin,
Ireland, with additional resources in Walnut Creek, Calif.
* Annrai O'Toole, chief executive officer of Cape Clear, will join the
Workday management team as vice president, Integration.
* The Cape Clear solution will no longer be offered standalone and will be
available only as part of Workday Integration On Demand.
* Workday will continue to support existing Cape Clear customers.
* Financial terms are private and Workday expects to complete the purchase
in 30 days.
What's New: Integration On Demand
* Companies want solutions that work together to meet business
requirements:
-- On-premise enterprise software providers have added integration
frameworks to their solutions. While frequently built on new technology,
they still tend to be massive and complicated, requiring the same big teams
of IT professionals months or even years to implement, maintain and
upgrade.
-- Workday started with integration as a core capability and has
effectively delivered Cape Clear's ESB in each of its customer deployments,
providing packaged and custom integrations that are designed, built and
deployed in weeks.
* Workday sees integration as a core requirement for customers. This
announcement reflects Workday's intent to take greater responsibility for
customer integrations, expanding its investment and focus on
integrations in three areas:
-- Packaged: Workday offers a growing number of common integrations to
solutions such as payroll. These connections are managed by Workday as a
service, and the company will continue to add to this portfolio.
-- Custom: Workday and its partners deliver tailored connections between
Workday and third-party or custom applications. These links can be
provided as a Workday service or implemented on premise, based on customer
requirements.
-- Personal: Workday offers business users easy ways to link productivity applications, such as Microsoft Excel®, to live
Workday data, making it simple to create and share reports and tools with
users across the enterprise.
Comments on Integration On Demand
"Integrating business applications has always been much too difficult. At
Workday, we made integration a core capability from the very start, and
adding Cape Clear to our portfolio serves to deepen our focus and
capability in this vital area," said Aneel Bhusri, Workday president.
"Increasingly, customers are looking to Workday to build and manage
integration as a service. With Cape Clear's ESB, we expect to rapidly
increase our portfolio of both packaged and custom integration
capabilities."
"Workday has been one of the most vibrant examples of Cape Clear's vision
for enterprise integration, enabling customers to focus more on business
results and less on the nuts and bolts of complex IT projects," said Annrai
O'Toole, chief executive officer of Cape Clear. "Joining Workday
represents a huge opportunity for the Cape Clear team to deliver the future
of integration for enterprise solutions."
Annrai's Blog
About Cape Clear
Cape Clear is the ESB Platform Leader that delivers proven on-demand
integration reliability, scalability, and performance to connect any
content, services or software across the internet using Web services.
Recognized by Gartner, Forrester, and IT-Week Magazine as the leading ESB,
Cape Clear is in deployment by leading financial services, communications,
software on demand, media, government, energy, transportation, and defense
organizations. Founded in 1999, Cape Clear Software is a privately-held
firm with locations in Dublin, Ireland and San Mateo, Calif. For more
information, please visit http://www.capeclear.com.
About Workday
Workday is delivering the first on-demand alternative to ERP, with a new
generation of solutions designed to meet the needs of today's dynamic and
global businesses. Built on a completely new model, Workday Human Capital
Management and Workday Financials use the most modern, standards-based
technologies to provide an unparalleled level of agility, ease-of-use, and
integration capability. For more information about Workday, please visit
www.workday.com.
© 2008, Workday, Inc. All rights reserved. Workday, the Workday logo,
Workday Enterprise Business Services, Workday Human Capital Management,
Workday Financial Management, Workday Resource Management and Workday
Revenue Management are all trademarks of Workday, Inc. All other brand and
product names are trademarks or registered trademarks of their respective
holders.