Acquisition of Platfora evolves Workday analytics

By acquiring Platfora, Workday will improve users’ ability to mix and match internal HR and financial data with large troves of externally-sourced data, to support more advanced and accurate analytics. From a competitive standpoint, the acquisition steels Workday against newfound competition found in Oracle’s acquisition of NetSuite. The acquisition also underscores Nucleus’s view on the evolution of analytics and trends toward marrying HCM and ERP.