- Workday (NYSE:WDAY) acquires SkipFlag, which makes an AI knowledge base built from a company’s internal communications. No terms were disclosed.
- ”SkipFlag uses deep learning to help people make sense of mountains of data across multiple applications used by today’s workforce. With SkipFlag, we welcome an incredible team of engineers and data scientists along with an innovative technology that we intend to fold into our core platform.
- SkipFlag joining Workday is yet another step in our journey to continually invest in areas such as machine learning, advanced search, and natural language processing — further powering our products to be faster and more intelligent so our customers can access even better insights when and where they need,” writes Workday CTO Joe Korngiebel in the announcement blog post.
- Workday shares are down 2.5%.
- Previously: Workday +3.7% on analyst upgrade, new Street-high target (Jan. 10)
- Now read: Daily Insider Ratings Round Up 1/10/18: SHLD, RE, SWZ, DEX, NXRT
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