Panorama London Image by Roman Grac from PixabayWorkday has announced that it plans to invest £550 million in its UK Operations over the next three years. The announcement signals a significant increase in investment from the global ERP firm. Effectively increasing spending by 40% from the previous three years.

The investment will include an expansion of its London office and an increase in the number of employees. It will also see more investments by Workday Ventures in the UK. As well and investment in skills training and infrastructure for the UK market.

The announcement comes a few weeks after its announcement to shelve plans for a new EMEA HQ in Grangegorman, Dublin, EIRE.  However, it still plans to retain Dublin as its European HQ. And is looking to locate new, larger premises in central Dublin.

Daniel Pell, the UKI Country Manager of Workday (image credit - LinkedIn/Daniel Pell)
Daniel Pell, the UKI Country Manager of Workday

Chancellor of the Exchequer, Jeremy Hunt, said, “I warmly welcome this major investment from Workday. It is another big boost for Britain’s trillion dollar technology sector and shows our plan for the UK to become the world’s next Silicon Valley is working.”

Daniel Pell, Vice President and Country Manager, UKI, Workday, added, “As a leading technology provider for private and public sector organisations in the UK, we are committed to empowering our employees and customers with the tools and innovative solutions needed to reach their highest potential. This level of investment not only supports the growth of our customers in the region but marks a key milestone in Workday’s efforts to drive the UK economy forward.”

Driving success in the UK

Workday opened its first London office in 2011. Since then it has seen huge growth in its customer base, quickly becoming the largest in Europe. With over 35% of the FTSE100 as customers and several major public sector organisations, the firm continues to grow its market share, often at the expense of major competitors. Recent wins include David Lloyd Clubs, Compare the Market and Aztec Group.

Existing UK Based customers include names Centrica, Diageo, and Rolls Royce. While in the public sector organisations such as the Crown Commercial Service, Department for Education and The National Archives.

To continue its growth, Workday announced it will extend the availability of its solutions on public cloud to the AWS London region. It follows the announcement last year that saw availability on AWS in the US, Canada, Singapore, Germany, and Australia.

UK customers will soon have access to Workday Financial Management, Workday Human Capital Management (HCM), Workday Adaptive Planning and Workday Extend on the AWS cloud in the UK. Workday estimates that this will be available from the beginning of 2025. Giving customers access to greater scale and performance for their operations. The availability will tighten alignment with data protection. Offering improved data sovereignty options as well as better access to AI capabilities.

Further supporting this growth has been the investment in partners in the UK. With the number of consultants doubling over the last three years. This has seen the emergence of several UK headquartered organisations, including Albida, Alexander Mann Solutions, CoreTeam, and Three Plus Consulting. The ecosystem also includes some of the UK’s fastest-growing technology companies, such as Kainos and CloudRock. Global System Integrators have also invested in their practices to help drive growth. The announcement fell short, though of saying how it will further invest in the partner network over the next three years.

Other areas of Investment in the UK

At the heart of this announcement is an increased investment in locations within London. It seems, however, that Workday is not looking to open offices elsewhere in the country (we asked). Workday plans to expand its current UK location by building a new Customer Experience Centre within the same building that houses the UK headquarters, which will be completed in 2024. The centre will be a hub for sharing best practices for both customers and the Workday Foundations partners to workshop social impact initiatives. It will also provide a space for customers, partners and prospects to learn more about Workday. Help create innovative solutions to the challenges organisations face and see the latest Workday solutions in action.

Workday also inferred that some of the investment will see Workday Ventures invest in more UK startups. As well as support its recently renewed partnerships with Generation, Inc. and ADA – the National College for Digital Skills. In the UK, Workday Ventures has already invested in firms such as Beamery, eduMe and Multiverse.

It will also continue to invest in skills and training in the UK. Workday is already funding three Sales Apprenticeship programmes aimed at people looking to enter the tech industry. It plans to offer a new range of Bachelors and Masters degree apprenticeship programmes in partnership with Henley Business School. These will be open to existing employees and aim to build management and leadership skills within the business.

This year sees the return of Workday Rising EMEA to London. This is the first time it has returned to the Capital to see the first European event in 2014. Workday Rising EMEA will be held at the Excel Centre. Itd expects to host over 6,000 attendees from across many industries and European and Middle Eastern countries.

Enterprise Times: What does this mean

The return of Workday Rising to London will be a significant fillip to the UK team. It will enable the UK team to host a bigger selection of prospects who can easily travel to Excel and should provide a welcome boost for its market here.

Also, the improved facilities in central London will enable Workday to continue nurturing relationships for months and years to come. It is welcome news for the City of London, with other tech companies having UK headquarters outside the city.

The investment comes at the same time as the Corporation of London is investing in returning Finsbury Circus Gardens to the park it once was before it was used to help build the Elizabeth Line. This will become a space that visitors can enjoy, a short walk from the Workday offices, bring peace and tranquillity to the heart of the city.

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