Workday to acquire Pipedream

(newsroom.workday.com)

54 points | by gaws a day ago ago

50 comments

  • afavour a day ago ago

    > Workday, Inc. (NASDAQ: WDAY), the enterprise AI platform for managing people, money, and agents, today announced it has entered into a definitive agreement to acquire Pipedream, a leading integration platform for AI agents

    Pipedream indeed!

    It blows my mind that every company has decided to call itself an “AI platform” but it blows my mind even more that the stock market apparently believes them when they say it. Workday was an HR platform five years ago. It still an HR platform today.

    • gomoboo a day ago ago

      That Workday description reads like the resumes one writes when desperate and the job search has expanded into totally unrelated professions.

      • johnfn a day ago ago

        "managing people, money and agents" yes, that makes total sense, agents are managed exactly the same ways that you manage people or money, I don't see anyth- WHAT AM I READING?!??

      • darth_avocado a day ago ago

        Ironically Workday is the worst product to use as a job seeker to upload your resume.

        • RexM 21 hours ago ago

          As an employee, too.

        • SideburnsOfDoom 20 hours ago ago

          As an employee who has to interact with workday, I can assure you that it sucks so badly since you are not the person that Workday is sold to. It is sold to c-suite and head of HR. In that context, you as an employee using workday are the product not the user, and usability to you just does not matter.

    • Esophagus4 a day ago ago

      I was gonna try to contradict you by looking up Workday’s multiple and showing that it is valued like an HR company, but holy smokes…

      Their multiple is 105 lol

      • airstrike a day ago ago

        their forward multiple is the only one that matters

        • nrhrjrjrjtntbt a day ago ago

          Well if we are using crystal balls then the future stock price is the only thing that matters.

          • airstrike a day ago ago

            That's disingenuous and uninformed, sorry. You're trying to refute my claim but kind of just proving my point.

            The current price is indeed an indication of what the market believes will happen to the company's performance. It doesn't matter if their estimates will eventually be proven right or wrong. Looking at forward P/E will serve precisely to express what the market's "crystal ball" is saying! That's what we want to know. What do people think this company is worth?

            Conversely, the current price and their past earnings are not related, so dividing one by the other is mostly just noise.

        • Esophagus4 a day ago ago

          Ah, well that brings the number back to reality.

    • flexagoon a day ago ago

      As someone with no experience with either of those two services, I read that description and had no idea what Workday does. So I thought, maybe their homepage will explain it better.

      > Manage HR, finance, and all your AI agents. All in one place.

      > Elevate the potential of your people and boost productivity across your organization with human-AI collaboration.

      > Turn AI into ROI faster and deliver transformational outcomes driven by trust, agility, and data readiness you can rely on.

      > 11,000+ organizations worldwide trust Workday.

      Huh?

      Sure, whatever, I'm not even surprised about them trying to cram AI buzzwords into every sentence, I'm used to that by now. But what's the deal with enterprise products having marketing which only makes sense to people who already use the product? Not a single sentence on their homepage explains what their product does.

      Ok, let's assume I've heard about Workday and know it's a tool for HR. I want to evaluate it, so, naturally, I click the "HR solutions" link on their homepage, and get to yet another page full of buzzwords that does nothing to help me understand the service they offer.

    • chanux a day ago ago

      I came here to say this. I was chuckling thinking that this is how I should write my LinkedIn intro.

      Also, anyone who loves coming across Workday and friends (enemies) when applying for jobs?

    • fsniper a day ago ago

      I suppose all comes down to who runs the leading (or any) investment companies. Money people are not known to be technically literate enough for not being fooled by magic (any sufficiently advanced technology).

      They are facinated by llms that they are pouring down money to AI related companies. Can you blame them? Can’t deny, I am also fascinated by llms.

      • afavour a day ago ago

        > They are facinated by llms that they are pouring down money to AI related companies. Can you blame them? Can’t deny, I am also fascinated by llms.

        I don’t think they’re fascinated by LLMs in the way the average Hacker News user is. They are fascinated by the pipedream (intended) of LLMs enabling them to lay off masses of workers and having AI do the work instead. It fascinates them the same way offshoring has fascinated them for years.

        • fsniper a day ago ago

          > They are fascinated by the pipedream (intended) of LLMs enabling them to lay off masses of workers and having AI do the work instead

          I am not fascinated by that part, I am honestly scared for my future.

    • rustystump a day ago ago

      If their product wasnt an absolute dumpster fire, id give em a pass.

  • haolez a day ago ago

    My company uses Workday. It is integrated with our EntraID SSO. If you leave a tab open for a few minutes, it will close your session automatically, which means logging you out of Microsoft 365 altogether. Simply bizarre. Maybe more AI will help them.

    • bri3d a day ago ago

      One of the hardest problems with making a configurable Enterprise Software thing with a strong brand is figuring out how not to make every misconfiguration a reflection on the brand; there’s no Workday specific reason your configuration had to federate logout in this way.

      In the same vein, I always thought it was a mistake that Workday branded the recruiting portal so strongly; everyone is furious that they can’t share an account across applications but it really makes sense. They’re supplying the Workday customer with their recruiting data / PII using Workday, not furnishing that data to Workday directly, so sharing across customers would require a whole legal and data tenancy refactoring.

      (disclosure: I worked at Workday for a long time ages ago and people were certainly not living with their heads in the sand. I don’t think I particularly agree with the direction the company is going but it is always interesting to reflect on some of these threads and the challenges with running that kind of business)

    • mk89 a day ago ago

      This is probably done to invalidate your session token, which is required in some industries (see banks, logging you out after 5 minutes of inactivity).

  • pbw a day ago ago

    Workday is a disaster, at least the version we have.

    • hamdingers a day ago ago

      I have to assume the backoffice is phenomenal because nobody on the employee side ever has good things to say about it.

    • kobelb a day ago ago

      You don’t wanna wait 60 seconds, 3 times to submit PTO?

      • chanux a day ago ago

        The other day my friend ranted to me how he hates their company system for applying for PTO. Since he said he only uses it to apply for PTO, I was wondering if it really deserves that much wrath.

        I think I now understand.

      • a day ago ago
        [deleted]
      • YZF a day ago ago

        We use it and I never had any issues applying for PTO...

    • wirehack 8 hours ago ago

      Try https://www.klavis.ai, which is a open source MCP integration platform. (I am one of the co-founders)

    • geoffbp a day ago ago

      It is a bit like Jira in that it’s flexible for different company use cases, but most people (especially engineers) dislike working with it

      • mk89 a day ago ago

        For me it's just incomplete. We used to have Successfactors and although the UI was less fancy, I have the feeling it was more complete and thorough.

        After so many years with Workday I still cannot sync my calendar to outlook365, so I need to manually put the entries. A problem solved a million years ago in successfactors.

  • ghm2199 a day ago ago

    My head explodes when I read aabout the scamsters that are equifax and their so called "strategic partnership" with workday on payroll data.

    We all should be aware that equifax — via their "strategic partner" with workday — has your ENTIRE work history with *each and every* payroll check AMOUNT ever sent to you by any W2 employer, the employer info, your address etc. It sells this info to god knows who. Its a shocking amount of info. Previous discussion on HN: https://news.ycombinator.com/item?id=29834753

    I recall a year or so ago, I had frozen this info from being dissemenated to employers or sold to companies from https://employees.theworknumber.com/employee-data-freeze/ link but it seems to ask me to re-register again with your SSN and DOB. WTF. That registration would still not stop them from collecting this info.

    There is no way I can even partially delete any part of this data, like I dunno the dates on which I recieved each of my paychecks. Why the fuck is that in the report?

    • jtokoph a day ago ago

      The pay amounts also include any RSUs granted and NSOs sold.

      It took many back and forths with my employer’s HR department and executives to get them to tell ADP to stop sending this info to Equifax (work number)

  • skeptrune a day ago ago

    Agents are coming. What's an agent? Who knows. But know they're coming.

  • xgulfie a day ago ago

    > Pipedream is a platform for building AI agents

    It is? Last I used it, it was a serverless event-driven pipeline platform

    • mjhagen a day ago ago

      Last I used it, it was a plumbing game.

    • dangoodmanUT a day ago ago

      I’m pretty sure that’s just the obligatory reskin to ride the ai wave

    • neilpointer a day ago ago

      well, see, you can send an event to an LLM and it can send an event back so it's an AI company now. I am an AI company, now, too.

  • asdfman123 a day ago ago

    > Workday to acquire Pipedream

    Me when I start crushing on the lady who works on the second floor of my office

  • dustyharddrive a day ago ago

    Great news for this site's most prolific spammer!

  • rubenvanwyk a day ago ago

    Was confusing Pipedrive and Pipedream for a moment. Suprised how many Zapier-alternatives apparently exist and have business.

  • namegulf a day ago ago

    Got confused first reading the title of this post (thought someone joking about a pipedream)

    This is interesting acquisition, a integration platform to boost their AI offering.

  • bontaq a day ago ago

    I really hope they remain open source, but overall this seems like a bad sign

  • hofo a day ago ago

    Mmm I really think my work day has enough pipe dreams already

  • newusertoday a day ago ago

    what are other alternatives to pipedream?

    • rguldener a day ago ago

      Nango is an open-source alternative: https://nango.dev

      Especially if you use pipedream for integrations in your agent or product.

      (I’m one of the founders)

    • rohanprabhu a day ago ago

      Try out https://composio.dev/ (disclosure - I work here)

      • movedx01 12 hours ago ago

        Is it the first one priced reasonably and transparently, or am I missing something here?

  • speedylight a day ago ago

    I love when the jokes write themselves, pipedream indeed lol