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WDAY

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Workday CEO Carl Eschenbach told CNBC's Jim Cramer on Wednesday that the rise of artificial intelligence is positive for his company, pushing back against what he called a "narrative out there that AI is eating the software world."

"For some people, AI may be a headwind. For Workday, it's a tailwind," Eschenbach said. "We have 75 million users on our platform. We have one of the most highly-curated sets of data in the industry that we get to train off of."

Workday is an enterprise software outfit that offers a number of services, including helping companies manage finances, payroll and human resources.

Eschenbach said Workday has a customer gross retention rate of over 97% and a "sticky platform with all

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