Accenture (NYSE: ACN) and Workday, Inc. (NASDAQ: WDAY) today
announced an expanded collaboration to help companies accelerate
their adoption of skills-based talent strategies and help unlock
greater agility and potential.
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the full release here:
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Accenture and Workday, Inc. today
announced an expanded collaboration to help companies accelerate
their adoption of skills-based talent strategies and help unlock
greater agility and potential. (Graphic: Business Wire)
As organizations across the globe adapt to changing business and
workforce demands, there is a massive shift in how organizations
approach talent with a growing focus on skills to enable greater
business agility and performance. However, according to recent
research from Accenture, CXOs cite skilling and developing the
workforce as the top challenge hindering organizational growth in
the next 12 months.
Leveraging Workday Skills Cloud, an open and interconnected AI
skills intelligence foundation, Accenture and Workday are helping
organizations understand the skills and proficiencies within their
workforce, identify the skills needed for future growth, and
uncover reskilling opportunities in the areas that will have the
most meaningful business impact. The new offerings from Accenture,
leveraging Workday Skills Cloud, help streamline the implementation
of a skills-based talent strategy from years to weeks with a
pre-built worker skills journey that consolidates skills analysis,
insights, and actions.
“To enable the workforce of the future, companies need to begin
to organize work around skills – where skills are the currency that
enable people to learn new things, change roles, find projects, and
grow their career,” said Penelope Prett, senior managing director
and Workday Business Group lead at Accenture. “Many companies don’t
know what skills they have, nor do they believe they have the data
to figure it out. With Workday’s software and data and Accenture’s
skills capability and services, we are helping organizations crack
the code to becoming skills-driven."
The new offerings include:
- Accenture’s skill proficiency calculator, built on Workday
Extend, that leverages native and non-native Workday data and
Workday Skills Cloud to help identify and validate the skills and
associated skill proficiency of employees.
- An integrated skills accelerator that leverages Workday
Learning, Workday Journeys, and Workday Prism and is preconfigured
with Accenture talent transformation capabilities to support
closing workforce skill gaps.
- Accenture consulting services to help organizations understand
industry-relevant skills, sources of skills, and leading practices
for skill transformation.
- An exclusive joint software and services bundle to facilitate a
cohesive and agile customer adoption journey.
“Nearly 2,000 organizations use Workday Skills Cloud to inform
decisions around talent and staffing,” said David Somers, group
general manager, office of the chief human resource officer
product, Workday. “This expansion is an exciting step in our
ecosystem partnership with Accenture and the skills-focused
solutions we’re offering. By combining data from Accenture’s skill
proficiency calculator with the AI in Workday Skills Cloud, we’ll
help customers upskill and prepare their people for the future of
work.”
As part of Accenture’s journey to become a skills-driven
organization, the skill proficiency calculator was built and tested
on its global, diverse workforce of more than 733,000 people.
Accenture is using the solution to assess what skills its people
have and conduct intelligent skills matching to help address
business needs. These data-driven insights can inform Accenture’s
practices across recruiting, talent marketplace, learning, and
performance.
Workday is also committed to being an early adopter and is
currently prototyping the Accenture solution in conjunction with
Workday Skills Cloud to support Workday’s skills-based talent
strategies and the evolving needs of the business.
About Accenture
Accenture is a leading global professional services company that
helps the world’s leading businesses, governments and other
organizations build their digital core, optimize their operations,
accelerate revenue growth and enhance citizen services—creating
tangible value at speed and scale. We are a talent- and
innovation-led company with 733,000 people serving clients in more
than 120 countries. Technology is at the core of change today, and
we are one of the world’s leaders in helping drive that change,
with strong ecosystem relationships. We combine our strength in
technology with unmatched industry experience, functional expertise
and global delivery capability. We are uniquely able to deliver
tangible outcomes because of our broad range of services, solutions
and assets across Strategy & Consulting, Technology,
Operations, Industry X and Accenture Song. These capabilities,
together with our culture of shared success and commitment to
creating 360° value, enable us to help our clients succeed and
build trusted, lasting relationships. We measure our success by the
360° value we create for our clients, each other, our shareholders,
partners, and communities. Visit us at www.accenture.com.
About Workday
Workday is a leading provider of enterprise cloud applications
for finance and human resources, helping customers adapt and thrive
in a changing world. Workday applications for financial management,
human resources, planning, spend management, and analytics are
built with artificial intelligence and machine learning at the core
to help organizations around the world embrace the future of work.
Workday is used by more than 10,000 organizations around the world
and across industries – from medium-sized businesses to more than
50% of the Fortune 500. For more information about Workday, visit
workday.com.
Forward-Looking Statements
This press release contains forward-looking statements
including, among other things, statements regarding Workday's
plans, beliefs, and expectations. These forward-looking statements
are based only on currently available information and our current
beliefs, expectations, and assumptions. Because forward-looking
statements relate to the future, they are subject to inherent
risks, uncertainties, assumptions, and changes in circumstances
that are difficult to predict and many of which are outside of our
control. If the risks materialize, assumptions prove incorrect, or
we experience unexpected changes in circumstances, actual results
could differ materially from the results implied by these
forward-looking statements, and therefore you should not rely on
any forward-looking statements. Risks include, but are not limited
to, risks described in our filings with the Securities and Exchange
Commission ("SEC"), including our Form 10-Q for the fiscal quarter
ended July 31, 2023, and other reports that we have and will file
with the SEC from time to time, which could cause actual results to
vary from expectations. Workday assumes no obligation to, and does
not currently intend to, update any such forward-looking statements
after the date of this release.
Any unreleased services, features, or functions referenced in
this document, our website, or other press releases or public
statements that are not currently available are subject to change
at Workday's discretion and may not be delivered as planned or at
all. Customers who purchase Workday services should make their
purchase decisions based upon services, features, and functions
that are currently available.
Copyright © 2023 Accenture. All rights reserved. Accenture and
its logo are trademarks of Accenture.
© 2023 Workday, Inc. All rights reserved. Workday and the
Workday logo are registered trademarks of Workday, Inc. All other
brand and product names are trademarks or registered trademarks of
their respective holders.
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version on businesswire.com: https://www.businesswire.com/news/home/20231114744148/en/
Hannah Unkefer Accenture +1 206 839 2172
hannah.m.unkefer@accenture.com
Workday media@workday.com
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