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ServiceNow, Inc. - NOW STOCK NEWS

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. (symbol: NOW) is an American software company headquartered in Santa Clara, California. It specializes in developing a cloud computing platform designed to help companies manage digital workflows across enterprise operations. By offering a comprehensive suite of software solutions, ServiceNow enables organizations to streamline and automate various business processes through a Software as a Service (SaaS) delivery model.

Originally focusing on IT Service Management (ITSM), ServiceNow has significantly expanded its capabilities. The company's platform now addresses various functions beyond IT, including customer service, HR service delivery, and security operations. This diversification allows enterprises to optimize multiple aspects of their operations through a single, integrated platform.

ServiceNow's recent achievements include partnerships with global enterprises to enhance their digital transformation journeys. The company's application development platform further enables businesses to create custom applications tailored to their specific needs. Financially, ServiceNow has shown robust performance, consistently delivering strong revenue growth and expanding its customer base worldwide.

Overall, ServiceNow continues to be a pivotal player in the enterprise software market, driving innovation and efficiency through its cutting-edge digital workflow solutions.

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GivePower and ServiceNow announced the opening of two new solar-powered water systems in Kenya's Mombasa and Makueni counties. These projects, located in Migadini and Makindu, respectively, mark the eighth collaboration between the two organizations, focusing on sustainable water solutions. The new installations bring the total number of GivePower Solar Water Farms in Kenya to 12, providing clean water to nearly 1 million people daily. The systems use solar energy to desalinate and purify water, ensuring access to safe drinking water for over 20 years. The launch was celebrated by key figures, including Archbishop Hubertus van Megen and CECM Emily Achieng Okelo.

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ServiceNow unveiled new AI-powered capabilities at Knowledge 2024 to enhance employee experiences, talent development, and workplace optimization. The enhancements include AI-infused Talent Development solutions, Workplace Service Delivery improvements, and research showing AI's impact on job creation and demand for IT workers.

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ServiceNow expands its strategic relationship with Equinix to streamline digital infrastructure operations. The collaboration aims to provide end-to-end visibility and intelligent insights across the enterprise IT stack, enhancing data center management and application performance. The new offerings are set to revolutionize IT operations and planning, empowering organizations to optimize their infrastructure efficiently.

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ServiceNow and Microsoft announced an expanded strategic alliance at Knowledge 2024, integrating generative AI assistants Now Assist and Microsoft Copilot to enhance employee productivity. This collaboration aims to create a seamless enterprise experience, allowing employees to easily execute common tasks and access help from the most relevant AI assistant. The integration will be generally available in Fall 2024.

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ServiceNow and IBM have collaborated to accelerate the impact of generative AI across the enterprise. The integration combines the Now Platform with IBM watsonx to boost productivity for customers and partners. ServiceNow will incorporate watsonx.ai and IBM Granite large language models into its Now Assist GenAI experience, allowing customers to connect their workflows to models trained within watsonx.ai.

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ServiceNow, in collaboration with NVIDIA, showcased AI avatars using generative AI technology to enhance customer and employee experiences at Knowledge 24. The demo highlighted the potential for visual interactions in Virtual Agent experiences, expanding communication options. The partnership aims to advance workflow engagements and boost productivity across various industries. The avatars, powered by NVIDIA ACE, leverage speech, LLM, and animation technologies to provide personalized interactions in HR, finance, IT, retail, travel, and more. ServiceNow is dedicated to making AI friendly and engaging through Now Assist, transforming how people work and interact across the enterprise.

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ServiceNow announced new automation solutions to transform the employee experience and simplify work across the enterprise. The Digital End-User Experience improves productivity and satisfaction. Contracts Management Pro, Security Operations, and Field Service Management enhancements drive collaboration. Project RaptorDB offers speed and flexibility in the AI-driven landscape.

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Infosys and ServiceNow announced a strengthened collaboration to transform customer experiences with generative AI-powered solutions at ServiceNow's Knowledge 2024 event. The partnership aims to enhance productivity, efficiency, and user experience by combining ServiceNow's Now Assist generative AI capabilities with Infosys Cobalt cloud offerings. Infosys will double its training investment by certifying more than 3,500 employees with ServiceNow GenAI skills. The collaboration will focus on developing industry applications, offering chatbots, and addressing critical business process challenges across various sectors.

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ServiceNow, the AI platform for business transformation, unveiled new generative AI capabilities in Now Assist, automation solutions, and expanded partnerships at Knowledge 2024 conference. The company reported strong financial performance, aiming for revenue growth to $11 billion by 2024 and $15 billion by 2026. ServiceNow is enhancing AI-driven transformation for enterprises with innovative solutions and strategic collaborations.

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ServiceNow and Fujitsu have announced a strategic commitment to launch innovative cross-industry solutions to maximize customer value globally. The partnership will focus on digital transformation, customer success, and expanding the use of the Now Platform. They aim to streamline enterprise systems and complex business processes through automation, starting with solutions for the manufacturing sector. A new Fujitsu-ServiceNow Innovation Center in Japan will drive collaboration and development of cloud-based offerings for operational efficiency and data-driven management.

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FAQ

What does ServiceNow, Inc. do?

ServiceNow, Inc. develops a cloud computing platform that helps companies manage digital workflows for enterprise operations.

Where is ServiceNow headquartered?

ServiceNow is headquartered in Santa Clara, California, USA.

What business processes does ServiceNow's platform automate?

ServiceNow's platform automates various business processes, including IT service management, customer service, HR service delivery, and security operations.

What delivery model does ServiceNow use for its software solutions?

ServiceNow provides its software solutions through a Software as a Service (SaaS) delivery model.

Has ServiceNow expanded beyond IT service management?

Yes, ServiceNow has expanded beyond IT service management to include customer service, HR service delivery, and security operations.

Does ServiceNow offer an application development platform?

Yes, ServiceNow offers an application development platform allowing businesses to create custom applications.

How has ServiceNow performed financially?

ServiceNow has shown robust financial performance, with strong revenue growth and an expanding customer base.

Who are ServiceNow's primary customers?

ServiceNow primarily serves enterprise customers looking to optimize their digital workflows and business processes.

What industries use ServiceNow's platform?

ServiceNow's platform is used across various industries including IT, customer service, human resources, and security operations.

What recent achievements has ServiceNow made?

Recent achievements for ServiceNow include forming partnerships with global enterprises to aid in their digital transformation efforts.

ServiceNow, Inc.

NYSE:NOW

NOW Rankings

NOW Stock Data

169.90B
205.00M
0.18%
90.78%
1.43%
Software Publishers
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United States of America
SANTA CLARA