FDI

FDI of the Month April 2023: Workday announces €2 million in funding to establish a Chair of Technology & Society at TU Dublin

By Business & Finance
03 May 2023
Pictured (L-R): Graham Abell, Site Lead and Vice President, Software Engineering, Workday; Simon Coveney TD, Minister for Enterprise, Trade & Employment; and Michael Lohan, CEO, IDA Ireland.

Workday provides enterprise cloud applications for finance and human resources, with the aim of helping customers adapt to a changing world. The company announced €2 million in funding to establish a new Chair of Technology & Society at Technological University Dublin (TU Dublin). It is our FDI of the Month, April 2023.


Dockline

Workday, Inc. a developer of enterprise cloud applications for finance and human resources, welcomed Simon Coveney TD, Minister for Enterprise, Trade & Employment to officially open ‘Dockline,’ its new second office in Ireland, on April 25th, 2023. Dockline is an 80,000 square foot ‘high tech, high spec’ building in Dublin 1.

Minister Coveney, alongside Michael Lohan, CEO, IDA Ireland and Professor David FitzPatrick, President, TU Dublin, joined Graham Abell, Site Lead and Vice President, Software Engineering, Workday, to ‘cut the ribbon’ at Dockline,

“As we celebrate 15 years in Ireland, I am delighted to welcome Minister Coveney here today to officially open Workday’s second Dublin office,” said Abell. “We continue to hire talented people as Ireland plays a crucial role in our innovation efforts at Workday. Such growth also means we can extend our community programmes and embrace new opportunities with TU Dublin, collaborating on projects that will have positive societal impact at both a local and national level.”

Dockline will accommodate Workday’s EMEA functions in areas such as finance, sales, support, and HR, while the engineering and development teams will remain at the existing Workday office in Smithfield.

Funding a new Chair of Technology & Society

The company also announced €2 million in funding to establish a new Chair of Technology & Society at Technological University Dublin (TU Dublin), the first of its kind in Ireland.

This seven-year commitment will see the creation of a new pioneering research unit in Grangegorman, examining the intersection of technology and society, across topics ranging from Artificial Intelligence to STEM. Recruitment will commence shortly for the Chair role and eight additional roles, including five PhD students and three staff members.

Prof. David FitzPatrick, President of TU Dublin said: “TU Dublin is grateful to Workday for this donation which will be used to conduct impactful research to solve problems in organisations and communities and to effect meaningful change. This underpins TU Dublin’s core pillars of People, Planet, and Partnership and we look forward to working with Workday to ensure positive societal impact from this programme.”

Bi-locating

Bi-locating its operations will allow Workday to continue growth in Ireland, while the company progresses to the next phase of planning and design work for its proposed new 550,000 square foot European headquarters at Grangegorman.

Workday

Workday is a provider of enterprise cloud applications for finance and human resources. Workday applications for financial management, human resources, planning, spend management, and analytics are built with artificial intelligence and machine learning. Workday is used by more than 10,000 organisations around the world and across industries – from medium-sized businesses to more than 50 per cent of the Fortune 500.

FDI of the Month

Business & Finance recognises excellence in foreign direct investment companies operating out of Ireland through the ‘FDI of the Month’ award. The FDI of the Month award recognises the company which best demonstrates longstanding commitment to Ireland, investment in facilities and R&D, and job creation, as well as business leadership on a global scale.

Recipients of the award are automatically put forward as candidates for the prestigious FDI of the Year award at the annual Business & Finance Awards.

See here for more information on the 2023 Business & Finance Awards. To get involved, please contact 


Read more:

FDI of the Month March 2023: JPMorgan

FDI of the Month February 2023: Siemens Healthineers

FDI of the Month January 2023: Fidelity Investments