Workday Inc., a provider of cloud-based financial and HR solutions, recently garnered a spot in the “Magic Quadrant for Cloud Human Capital Management Suites for Midmarket and Large Enterprises” produced by IT research firm Gartner Inc.

The rank in the publication’s “Leaders” quadrant marks the second consecutive year for this achievement, with Workday named the highest scorer in its cloud HCM assessment of 11 candidates.

"We are proud that Gartner has recognized Workday as a cloud HCM leader for the second consecutive year," Cristina Goldt, vice president for Workday’s HCM products, said. "With more than 70 percent of our customers in production, a customer satisfaction rating over 95 percent, and our ongoing delivery of key innovations, we continue to see our growing customer community realizing business value and driving future growth with Workday."

Based in Pleasanton, California, Workday strives for customer-centered innovation and the flexibility required to stay attuned to changing client needs over time. In 2016, the company introduced two new platforms: Workday Learning — for customized career development over the employee lifecycle—and Workday Planning, for unified budgeting, planning and predicting.

Created in 2005, Workday offers financial management, HCM, and analytics for large companies, educational institutions, and government agencies. The company values the inherent benefits of consistency that come with cloud-based systems.