Workday Research: 40% of AI Time Savings Lost to Rework
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Newsfilter
- AI Productivity Paradox: While 85% of employees report saving 1 to 7 hours weekly using AI, nearly 40% of that time is lost to rework, indicating that the potential value of AI is not being fully realized.
- Young Employees Burdened: Employees aged 25-34 make up 46% of those facing rework, and despite being seen as tech-savvy, they spend more time checking and fixing AI outputs, impacting overall efficiency.
- Training Gaps: Although 66% of leaders prioritize skills training, only 37% of employees experiencing high rework receive such training, highlighting a significant disconnect between leadership intent and employee experience.
- Reinvestment Bias: Companies are more likely to reinvest AI savings into technology (39%) rather than employee development (30%), leading to increased pressure on employees to navigate AI independently without effectively utilizing saved time to enhance work value.
Analyst Views on WDAY
Wall Street analysts forecast WDAY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WDAY is 282.12 USD with a low forecast of 235.00 USD and a high forecast of 340.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
28 Analyst Rating
21 Buy
7 Hold
0 Sell
Strong Buy
Current: 207.910
Low
235.00
Averages
282.12
High
340.00
Current: 207.910
Low
235.00
Averages
282.12
High
340.00
About WDAY
Workday, Inc. is a provider of an artificial intelligence (AI) platform to help organizations manage their people, money, and agents. The Company provides over 11,000 organizations with cloud solutions powered by AI to help solve business challenges, including supporting and empowering their workforce, managing their finances and spending in an ever-changing environment, and planning for the unexpected. It offers Financial Management, Spend Management, Human Capital Management (HCM), Planning, and Analytics applications. The Company sells its solutions worldwide primarily through direct sales. It also offers professional services, both directly and through its Workday Services Partners, to help customers deploy its solutions. It offers businesses flexible solutions to help them adapt to their industry-specific needs and respond to change. It serves various industries, including professional and business services, financial services, healthcare, education, government, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
