Workday to Acquire Evisort for Improved AI Prowess: Stock to Gain?
WDAYWorkday(WDAY) ZACKS·2024-09-19 00:00

Workday Inc. (WDAY) recently inked a definitive agreement to acquire the leading AI-based Document Intelligence Platform Evisort for an undisclosed amount. The transaction is expected to be completed by October 2024, subject to customary closing conditions.Enterprises across industries are generating a vast pool of data, which includes contracts, invoices and policy documents from daily operations. However, a significant portion of this information is unstructured, making it really difficult to categorize t ...