US-based Workday, which is best known for its Software-as-a-Service (SaaS)-based applications, is acquiring SkipFlag, a start-up that uses deep learning to help enterprises make sense of the large amounts of data they collect each day, reports Enterprise Cloud News (FinTech Futures' sister publication). Joe Korngiebel, Workday CTO, notes that the deal is allowing the company to expand beyond SaaS in the human resources and financial planning fields and into more cutting-edge technologies. "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," Korngiebel says. Financial details of the acquisition were not released. Although a start-up, SkipFlag has roots in enterprise software and deep learning.