Workday Adaptive Planning receives FedRAMP Moderate authorization for federal deployments
Seeking Alpha ·
Workday Government ( WDAY ) said on Thursday that its cloud-based financial planning software Workday Adaptive Planning has achieved FedRAMP authorization at the moderate impact level, a government-wide standard federal security certification for cloud service providers. Workday Government, the wholly owned subsidiary of
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Workday Government, a subsidiary of Workday, has obtained FedRAMP Moderate security certification for its cloud-based financial planning software, Workday Adaptive Planning. This certification signifies compliance with public sector cloud service standards and will serve as a crucial stepping stone for expanding sales to U.S. federal government agencies. Investors can expect this to drive the expansion of the company's public market share and steady B2B revenue growth.
상승 영향
- SaaS — Workday's acquisition of FedRAMP certification enables full-scale supply of cloud software to the U.S. federal government, expecting long-term earnings growth.
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