Finally, Cramer spoke with Aneel Bhusri, the co-founder and CEO of human capital management software system Workday.
“Our math is that 30 percent of the Fortune 500 has chosen Workday. Fifty percent of the market of those Fortune 500 companies haven’t made any decision yet,” Bhusri told Cramer. “So from our math, we’re the clear leader in the Fortune 500 segment and likely in the Fortune 50 segment as well, but there’s still a lot of market opportunity in front of us.”
And when it comes to competition with the likes of ADP, Bhusri painted the playing field as fairly complex.
“In places we compete and [in] places we partner,” Bhusri said. “I think a fair comparison for ADP is, candidly, SAP and Oracle. You have to look at other companies that have to deal with legacy software and generations of old technology and it’s a challenge to overcome that and I think [CEO] Carlos [Rodriguez], again, is doing a good job in the time he’s had at ADP.”