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Search resuls for: "Eschenbach"


17 mentions found


☆ Workday CEO Carl Eschenbach: We launched the next generation of Workday AI called Illuminate
  + stars: | 2024-09-18 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Workday CEO Carl Eschenbach joins 'Mad Money' host Jim Cramer to talk its latest AI advancements. Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email
Persons: Carl Eschenbach, Jim Cramer
☆ Workday stock gains as software provider widens 2027 margin target
  + stars: | 2024-08-23 | by ( Jordan Novet | ) www.cnbc.com   time to read: +3 min
Subscription revenue growth grew 17%. With respect to guidance, Workday is now looking for an adjusted operating margin of 25.25% in the 2025 fiscal year, compared with the 25% forecast it provided in May. In September 2023, Workday said it was targeting a 25% adjusted operating margin for fiscal year 2027 and subscription revenue growth between 17% and 19%. Deutsche Bank analysts led by Brad Zelnick increased their 12-month price target on Workday stock to $275 from $265. "The increased 30% operating margin target was the big upside surprise as it is now committed both sooner and greater than most were expecting," the analysts wrote.
Persons: Carl Eschenbach, Zane Rowe, Rowe, We're, Brad Zelnick, Piper Sandler, Jerome Powell, Carl Eschenbach didn't, Julie Biel Organizations: Deutsche Bank, Citi, Evercore ISI, Computing Fund Locations: Davos, Switzerland
☆ Salesforce CEO Marc Benioff and Workday CEO Carl Eschenbach join Jim Cramer
  + stars: | 2024-07-24 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSalesforce CEO Marc Benioff and Workday CEO Carl Eschenbach join Jim CramerSalesforce Chair and CEO Marc Benioff and Workday CEO Carl Eschenbach join 'Mad Money' host Jim Cramer to talk their AI partnership.
Persons: Marc Benioff, Carl Eschenbach, Jim Cramer
☆ Salesforce and Workday CEOs explain their new joint AI venture
  + stars: | 2024-07-24 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
In an interview with CNBC's Jim Cramer, the CEOs of Salesforce and Workday , Marc Benioff and Carl Eschenbach, discussed the their companies' new partnership. Both CEOs said the strength of this new venture stems from the confluence of their large data sets. "AI is all about data, and if you have access to the data, then you can have phenomenal AI," Benioff said. Eschenbach said that Salesforce and Workday have the three most important data sets in the enterprise — employee data, customer data and financial data. He also said the new program benefits customers because they don't have to move between platforms to access services.
Persons: CNBC's Jim Cramer, Marc Benioff, Carl Eschenbach, Benioff, Eschenbach Locations: Salesforce
☆ Access to data will create phenomenal AI, says Salesforce CEO Marc Benioff
  + stars: | 2024-07-24 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAccess to data will create phenomenal AI, says Salesforce CEO Marc BenioffSalesforce Chair and CEO Marc Benioff and Workday CEO Carl Eschenbach join 'Mad Money' host Jim Cramer to talk their AI partnership.
Persons: Marc Benioff, Carl Eschenbach, Jim Cramer
☆ Workday raises annual subscription revenue forecast on steady product demand
  + stars: | 2023-11-28 | by ( ) www.reuters.com   time to read: +1 min
Nov 28 (Reuters) - Workday (WDAY.O) raised its annual subscription revenue forecast and beat estimates for quarterly profit and revenue on Tuesday, benefiting from an easing macro environment and strong demand for its cloud-based software services. Shares of the Pleasanton, California-based company rose 3.2% in extended trading. The company now expects full-year subscription revenue of $6.598 billion, compared with its previous expectation of $6.570 billion to $6.590 billion. The company reported third-quarter total revenue of $1.87 billion, higher than analysts' estimates of $1.85 billion, according to LSEG data. Workday's subscription revenue rose 18.1% to $1.69 billion.
Persons: Carl Eschenbach, Zaheer Kachwala, Maju Samuel Organizations: ADP, Accenture, Thomson Locations: Pleasanton , California, Bengaluru
☆ Wall Street banks want AI to write performance reviews
  + stars: | 2023-11-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com   time to read: +3 min
Wall Street banks are turning to AI to streamline processes like writing performance reviews. Software firm Workday said it's seen an uptick in banks expressing interest in its new AI products. AdvertisementWall Street banks are looking to speed up operations and cut costs by deploying AI to write performance reviews among other tasks, a Workday boss said in an interview with Bloomberg at its conference in Barcelona. Workday's co-CEO Carl Eschenbach said Wall Street banks are keen to get their hands on some of its new AI products. A number of Wall Street banks are optimistic about how AI will improve productivity since the launch of OpenAI's chatbot ChatGPT in November 2022.
Persons: —, Workday's, Carl Eschenbach, Eschenbach, ChatGPT, Jamie Dimon Organizations: Deutsche Bank, Service, Bloomberg Locations: Barcelona
☆ Workday CEO says AI is worth an upfront cost that 'we all just have to recognize'
  + stars: | 2023-09-28 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Co-CEOs of Workday , Aneel Bhusri and Carl Eschenbach, told CNBC's Jim Cramer artificial intelligence is worth a hefty upfront cost. "I think AI is as important and maybe as disruptive as the cloud was," Bhusri said. "Different than the cloud, these large language models that AI are based on, they require massive amounts of compute to build the models and train the models. And so there's an upfront cost that we all just have to recognize. Bhusri and Eschenbach explained that their company's AI program is especially helpful to managers, as it will be able to write job descriptions and career growth plans.
Persons: Bhusri, Carl Eschenbach, CNBC's Jim Cramer, Eschenbach, It's, Thursday's
☆ AI is as important and disruptive as cloud software, says Workday Co-CEO Aneel Bhusri
  + stars: | 2023-09-28 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI is as important and disruptive as cloud software, says Workday Co-CEO Aneel Bhusri'Mad Money' host Jim Cramer talks to the co-CEOs of Workday, Carl Eschenbach and Aneel Bhusri, to talks the stocks large drop, the companies annual users event, latest projections and more.
Persons: Aneel Bhusri, Jim Cramer, Carl Eschenbach, Aneel
☆ Workday's Co-CEOs talk Wall Street's response to its latest projections with Jim Cramer
  + stars: | 2023-09-28 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorkday's Co-CEOs talk Wall Street's response to its latest projections with Jim Cramer'Mad Money' host Jim Cramer talks to the co-CEOs of Workday, Carl Eschenbach and Aneel Bhusri, to talks the stocks large drop, the companies annual users event, latest projections and more.
Persons: Jim Cramer, Carl Eschenbach, Aneel
☆ Jim Cramer says the slide in shares of enterprise cloud provider Workday may be an overreaction
  + stars: | 2023-09-28 | by ( Morgan Chittum | ) www.cnbc.com   time to read: +1 min
Workday (WDAY) plunged on Thursday after management lowered its outlook for subscription revenue growth. Shares of the software company declined nearly 10%. Jim Cramer described the long-term forecast, which was released on Wednesday, as "worrisome" but said Workday's past fundamentals have been solid. "This company has been straight-shooting so maybe we can feel whether the stock's [move] is an overreaction," Jim said. The CNBC Investing Club does not own Workday but holds shares of Salesforce (CRM), another enterprise software giant.
Persons: Jim Cramer, Jim Cramer's, Jim, Carl Eschenbach, Aneel Organizations: BMO Capital, CNBC
☆ Here are the 12 stocks Jim Cramer is watching, including a dire consumer forecast
  + stars: | 2023-09-28 | by ( Jim Cramer | ) www.cnbc.com   time to read: +2 min
But keeps buy rating ahead of the video streamer's quarterly earnings out next month. Online advertising tech company Trade Desk (TTD) started with a buy rating and a $100-per-share price target at UBS. Bank of America cuts price target on Advance Auto Parts (AAP) to $60 per share from $75. Paychex (PAYX) gets multiple price target increases at TD Cowen (keeps buy rating), Morgan Stanley (keep hold rating), and Bank of America (keeps sell rating). Barclays cuts price target on United Parcel Service (UPS) to $175 per share from $180.
Persons: Matt Boss, Banks, Morgan Stanley, Jim Cramer's, Carl Eschenbach, Aneel, TD Cowen, Cowen, Price Organizations: JPMorgan, Netflix, Trade, UBS, BMO Capital, Bank of America, Parts, Diageo, DEO, CNBC, Club, Corona, Modelo, Constellation Brands, Walgreens, Alliance, Barclays, United Parcel Service Locations: Fargo
☆ We've built A.I. and machine learning into our platform instead of 'bolting' them on: Software firm
  + stars: | 2023-04-21 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe've built A.I. and machine learning into our platform instead of 'bolting' them on: Software firmCarl Eschenbach of Workday says it's "costly" for companies to "bolt" on artificial intelligence and machine learning.
☆ Workday cuts about 525 jobs but says it's not the result of overhiring
  + stars: | 2023-01-31 | by ( Rohan Goswami | ) www.cnbc.com   time to read: +2 min
Aneel Bhusri and Carl Eisenbach, Co-CEOs of Workday, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 17, 2023. Workday , a cloud-only business planning software company, will lay off 3% of its employees, the company's co-CEOs wrote in a message to employees Tuesday. In October 2022, the company reported head count of more than 17,500 employees, an increase of over 15% compared with January of that year. The cuts are not the result of overhiring and the "majority" will occur in Workday's technology and product units, co-CEOs Aneel Bhusri and Carl Eschenbach wrote. Severance packages for international employees would be "similar" to those offered to U.S. employees, Bhusri and Eschenbach wrote in the message.
☆ Workday co-CEO: We're going to add 'several thousand new heads' this year
  + stars: | 2023-01-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorkday co-CEO: We're going to add 'several thousand new heads' this yearAneel Bhusri and Carl Eschenbach, Workday co-CEOs, join 'Squawk Box' to discuss the pairing of Bhusri and Eschenbach as co-CEOs, the higher aspirations for the company, and more.
☆ Workday names Sequoia's Carl Eschenbach as co-CEO, alongside Aneel Bhusri
  + stars: | 2022-12-20 | by ( Jordan Novet | ) www.cnbc.com   time to read: +1 min
Workday said on Tuesday that co-CEO Chano Fernandez is leaving the company and being replaced by Sequoia Capital's Carl Eschenbach, a former VMware executive and member of Workday's board. Eschenbach will serve alongside Aneel Bhusri, who co-founded the company in 2005. Bhusri became a co-CEO again in 2020 with the appointment of Fernandez, a former SAP executive who joined Workday in 2014. Before Workday, Bhusri held leadership roles at PeopleSoft, which Oracle acquired in 2005 for $11.1 billion. WATCH: Workday co-CEO on the firm's quarterly results and why its finance applications saw strength
☆ German nuclear reactor leak poses no safety threat but complicates plans
  + stars: | 2022-09-19 | by ( ) www.reuters.com   time to read: +2 min
A general view shows the nuclear power plant Isar 2 by the river Isar in Eschenbach near Landshut, Germany, August 17, 2022. REUTERS/Christian Mang/File PhotoBERLIN, Sept 19 (Reuters) - E.ON (EONGn.DE) has informed the German government of a leak at the Isar 2 nuclear power plant which has not compromised security but could complicate the government's winter energy plan, the environment ministry said on Monday. Isar 2, in the southern state of Bavaria, had been scheduled to go offline at the end of the year under Germany's plan to phase out nuclear power. A spokesperson for E.ON said it was confident that a framework allowing Isar 2 to add to Germany's power supply security beyond Dec. 31 could be agreed with the government. E.ON's spokesperson said it has informed authorities as required by German law.
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