Wednesday 21 February 2018

Workday ramps up expansion with 200 extra jobs and new city offices

Annrai O’Toole pictured at the Workday offices off Dublin’s Clanbrassil Street. Photo: Frank McGrath
Annrai O’Toole pictured at the Workday offices off Dublin’s Clanbrassil Street. Photo: Frank McGrath

A US database software company led by former Iona Technologies co-founder Annrai O'Toole has announced plans to create 200 new jobs in its Dublin headquarters.

Workday, which already employs almost 400 people in Dublin, is to hire product developers, sales and customer support staff and data centre operators here. The company also moved its office from Clanbrassil Street to Smithfield on Dublin's northside.

The company, which is a competitor to Salesforce and SAP, established its Irish base in 2008 following the acquisition of Cape Clear, the firm that O'Toole co-founded after leaving Iona Technologies.

Workday has more than 4,500 employees, with more than 650 based in Europe.

Its technology involves enterprise cloud applications for finance and human resources in large companies, educational institutions and government agencies. It has over 1,000 large customers, according to the company.

"Dublin is a growing hotbed of highly-motivated, highly- skilled technologists and we are actively expanding our team to drive our growth and customer success," said O'Toole.

He has previously said that getting product managers is one of the toughest areas in tech recruitment.

"While Dublin produces a strong cohort of exceptional developers, there is a category of that I'd call 'product management' that's really rare," he said. "It's the guy in the middle between the sales, developer and customer worlds. It's the person who's strong enough to understand the technology but also has the vision to see where the product needs to go. It's a really strong discipline in Silicon Valley and there's loads of those product managers there. It's the classic Steve Jobs role."

Meanwhile, Workday may be in the market to acquire other companies, according to recent comments from company co-founder and chief executive Aneel Bhusri.

"There are quite a few interesting properties out there that folks like Salesforce and Workday would like to acquire and the prices have been too high," said Bhusri. "Maybe with this correction they become more attractive."

Workday, he said, would be interested in buying companies that support its enterprise software business. Analytics is currently its biggest area of interest.

Bhusri said that he expects there to be 'down rounds' - investments at reduced valuations - for startups, as well as delayed initial public offerings and more mergers and acquisitions.

Bhusri co-founded business-software maker Workday after a career at PeopleSoft and many years as an investment partner at Greylock Partners.

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