Welcome to our dedicated page for Servicenow news (Ticker: NOW), a resource for investors and traders seeking the latest updates and insights on Servicenow stock.
ServiceNow Inc (NYSE: NOW) delivers a cloud-based platform powering digital workflow automation for global enterprises. This news hub provides investors and stakeholders with timely updates on corporate developments shaping the future of enterprise SaaS solutions.
Access official press releases, earnings reports, and strategic partnership announcements alongside analysis of operational milestones. Our curated collection covers product innovations in IT service management, customer experience tools, and security operations solutions.
Key updates include quarterly financial results, leadership changes, platform enhancements, and industry recognition. Bookmark this page to monitor how ServiceNow's expanding capabilities in HR service delivery and AI-powered automation impact its market position.
All content is sourced from verified corporate communications and regulatory filings, ensuring reliable tracking of the company's growth in digital transformation services. Return regularly for comprehensive coverage of NOW's evolving role in enterprise cloud computing.
ServiceNow reported strong Q1 2023 results, exceeding guidance in all topline growth and profitability metrics. Subscription revenues reached $2,024 million, a 24% year-over-year growth, while total revenues were $2,096 million, representing a 22% increase. The company's current remaining performance obligations (cRPO) stood at $7.01 billion, growing 23% year-over-year. With 66 transactions exceeding $1 million in net new annual contract value, that’s a 27% rise from the previous year. ServiceNow raised its full-year 2023 subscription revenue guidance to between $8,470 million and $8,520 million. Key business expansions included the launch of new platform features and partnerships with organizations like UNHCR and AT&T.
ServiceNow (NYSE: NOW) announced the appointment of Deborah Black, former Vice President of Engineering at Netflix, to its board of directors. This addition aims to leverage her extensive experience in technology and business to foster innovation as the company pursues its vision of becoming a leading enterprise software provider. Black's past roles include Vice President at Amazon and Corporate Vice President at Microsoft, where she contributed to significant software projects. ServiceNow now has a total of 11 board members, and her expertise is expected to enhance the company's momentum in addressing digital transformation across enterprise sectors.
ServiceNow (NYSE: NOW) has announced significant leadership changes aimed at fostering growth in the EMEA region. Ulrik Nehammer is promoted to the role of chairman, international, where he will leverage his extensive experience for strategic planning and customer relations. Cathy Mauzaize rises to president, EMEA, focusing on driving growth strategies. Meanwhile, Fabio Spoletini joins as vice president, EMEA South, to lead business development across Southern Europe, the Middle East, and Africa. The company's commitment to innovation and investment in EMEA underscores its ambition to be a leading enterprise software provider. With these appointments, ServiceNow aims to enhance its international leadership and meet the unique needs of its customers in the region.
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