Workday Inc (NASDAQ:WDAY) Q2 2020 Earnings Conference Call - Final Transcript

Aug 29, 2019 • 04:30 pm ET

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Workday Inc (NASDAQ:WDAY) Q2 2020 Earnings Conference Call - Final Transcript

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Q & A
Operator
Operator

[Operator Instructions] Your first question comes from Richard Davis from Canaccord Genuity.

Analyst
Richard Davis

Hey, thanks very much. So I talked with a early user of your Platform as a Service and they like it, and they said there's obviously a few little mix that's they're working on and stuff like that. But the thing they really like the best was, you're not kind of pigeonholing them into a specific database and things like that. But I guess, the main question is, what point does this kind of become widely available or what are the gating issues that we need to address to kind of make this thing running full speed and fully available? Thanks.

Executive
Aneel Bhusri

Thanks for the question Richard. It's available today in what we call limited GA, which means it is actually widely available, but it's around a set of well-defined APIs and particular areas of the product. And going into next year 2020, calendar year 2020, we expect to have the broader set of APIs available where we will be in through general availability across all aspects of the product line.

Analyst
Richard Davis

Got it. And then a quick follow-up on technology. You know one of the things that I was talking to someone at WakeMed, and they just said one of the big problems they had is all but credentialing that they do is on a paper. And you guys already -- I don't know what you -- it's a system of record for people. Is there a way that you could digitize that stuff in a safe way, so it's not -- so it's private and stuff like that, because it's not just driver license, but it's records and all this other stuff and all that and you -- are you guys working on that direction?

Executive
Aneel Bhusri

We actually introduced Workday Credentials, which is exactly what you described at our Altitude conference just a month back, which is our professional services conference for both our professional services and our partners' professional services people. Jon Ruggiero actually wrote a blog which you can see in our website about Workday Credentials and you learn -- you'll see a lot more about it at Workday Rising. It's a very exciting new area for us. It's been under development for 18 months and it accomplishes exactly what you described Richard.

Analyst
Richard Davis

Perfect. Thank you so much.

Operator
Operator

Your next question comes from Brent Bracelin from KeyBanc Capital Markets.

Analyst
Brent Bracelin

Good afternoon. One for Aneel and one for Robynne if I could. Aneel, if you look at the international expansion strategy, you talked about, I think, having only what 17% penetration in the Global 2000. It looks like international revenue was less than 25% of the business. Can you just remind us where you're at relative to international expansion? What are your efforts there to kind of really accelerate the footprint internationally? Thanks.

Executive
Aneel Bhusri

So I'll take a crack at it, then I'll ask our President, Chano Fernandez, to weigh in as well. We're very focused on selling to large