By Dhirendra Tripathi
Investing.com -- Workday stock (NASDAQ:WDAY) was up 2.5% in Tuesday’s premarket as the company announced a tie-up with Google (NASDAQ:GOOGL) that will allow its clients to run its applications on Google Cloud.
Under the multi-year strategic partnership, Google Cloud will help businesses run Workday enterprise applications for finance, HR, and planning in a public cloud environment, with ease-of-management, and low network latency.
Workday, with more than 50 million users and more than 8,000 customers globally, supports finance and people operations for some of the world's largest organizations. Many of them have varied requirements regarding where their data can be stored, accessed, and managed.
Google Cloud and Workday plan to build strategic, joint, go-to-market programs that include joint marketing activities and establishing co-selling programs to increase awareness among customers and prospects across the U.S.
Additionally, the two companies will explore opportunities for co-innovation to offer products and services to businesses in industries such as retail, healthcare, and financial services.