I think you mentioned Adaptive has a modern sales planning product that they just came to market. Now that our peers have started to adopt 606 and report this number, we're still beginning to evaluate the patterns and think about how we want to look at that and talk about it going forward. Introducing CMC Markets Share Baskets, stock portfolios built around an emerging theme or industry, containing some of the highest performance companies on the planet. On the midmarket opportunity, any changes that you make with your midmarket focus with Adaptive? Workday is on the list -- but there are nine others you may be overlooking. With Adaptive, our medium enterprise business lines up very nicely with theirs. Our customer base is increasing. We actually did these things for the medium enterprise, to bring down the services cost. That's probably the biggest phenomenon we've seen as these big companies have gone live, that our customer base sellbacks are much stronger than they were maybe two or three years ago. At this time, all participants are in listen-only mode. And as we continue to expand our efforts globally, 17% of the Global 2000 have also selected Workday for their core HR system of record. It's a good question. So, it's the double bonus of now being viewed as a leader in that space as well as opening up the doors to larger core financial management business. As of today, more than 35% of the Fortune 500 and approximately 50% of the Fortune 50 have selected Workday for core HR. You do not own, or have any interest in, the underlying assets. It's one of the reasons we were so drawn to Adaptive. With Adaptive Insights, we now have the ability to sell best of breed planning on a stand-alone basis or as part of a broad ERP suite. They have the same exact focus on employees and on customer success. Can you give any color on how much Adaptive contributed to the subscription backlog for the quarter? Thanks very much. That's what we're seeing. Aleksandr J. Zukin -- Piper Jaffray & Co. -- Analyst. Tom and David just revealed their ten top stock picks for investors to buy right now. Aneel Bhusri - … Chano Fernandez -- Executive Vice President, Global Field Operations. That was followed on by healthcare and we continue to land some of the largest healthcare transformations as they move their financials into the cloud. For that first dollar spent on core HR, it can be $2.00-3.00 more in add-on products, whether it's payroll or learning or recruiting -- time and now planning. It was CRM, then HR, IT, and now finance is the next big one to tackle. That is the biggest opportunity. We now conclude this call. So, the core financials. It has a sizeable total addressable market, especially relative to its current market cap and revenues,â it noted in the letter, adding: âAt 9x EV/Revs and 40x EV/EBITDA on next yearâs numbers, itâs not cheap on the surface, but we think itâs reasonably priced for a leader with good growth prospects that should be able to compound capital for a long time.". When do those compares start to ease? In addition, during today's call, we will discuss non-GAAP financial measures, which we believe are useful as supplemental measures of Workday's performance. It just changes the relationship. Our next question comes from the line of Mr. Kash Rangan from Merrill Lynch. How will the fintech affiliate of Alibaba perform once it does go public? Thanks. Adaptive Insights' CEO, and my good friend of 15 years, Tom Bogan is reporting directly to me and has joined the executive committee of Workday. Sir, you may ask your question. [Operator Instructions]. We've had an ongoing development effort to streamline the inputting of data, the process configuration, where many of the functions are now automated. So, that impacted the backlog revenue growth. Edited earnings call transcripts of Workday Inc (WDAY) stock Stock Advisor launched in February of 2002. Does that become a new distribution avenue for financials to come into the midmarket for you guy? Shares in tech stocks are hot tickets right now, and Ant Groupâs IPO is likely to be no exception. We're very excited about, with Adaptive, extending the capabilities we have, particularly around financial planning and sales operation planning. Thank you for joining us today. We also continue to see strong traction in cloud financial management, where we had over 60% new customer growth in Q2 and also added another new Fortune 500 customer. Total revenue outside the US was up 48% to $156 million, representing a record 23% of total revenue. Aneel, how are you thinking about capitalizing on the opportunity in operational planning. Stewart Kirk Materne -- Evercore ISI -- Analyst. Select "All episodes" from the "Episondes to keep" drop down list. The information on this website is prepared without considering your objectives, financial situation or needs. Also, the Customers page of our website includes a list of selected customers and is updated monthly. After that, they're going to focus on workforce planning so that we can retire our product. Thank you. That typically is our fourth quarter. I'm going to turn it over to Chano to comment in a minute, but we actually have an increased focus on renewals and trying to sell more into that base and make sure we're maximizing the renewals. Our next question comes from the line of Mr. Kirk Materne from Evercore ISI. In the second quarter, some of the new customers we added included the Gap, Stanley Black & Decker and Rockwell Automation in North America, Aldi Stores Limited in Europe, and Bunnings Group Limited in our Asia-Pacific, Japan region.
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