Workday vs. Oracle and SAP (2005-2012)
Dave Duffield and Aneel Bhusri founded Workday in 2005, months after Oracle acquired their previous company, PeopleSoft. Workday sold cloud ERP with a unified data model and had hundreds of enterprise customers by its 2012 IPO.
Oracle and SAP spent years rushing out cloud products that trailed Workday.
Workday proved a new software architecture could displace entrenched ERP incumbents within a decade.
Rillet is attempting the same displacement with AI-native accounting, against the same incumbents plus NetSuite.
