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) frequently issues news that reflects its role as a software publisher and AI platform provider for business transformation. Company press releases describe the ServiceNow AI Platform as an AI control tower for business reinvention that integrates with any cloud, model, and data source to orchestrate how work flows across the enterprise. News coverage often highlights how ServiceNow applies AI, workflows, and integrations to IT service management, customer service, HR service delivery, security operations, and broader security and risk use cases.
Investors and analysts following NOW news will see regular updates on financial reporting events, such as announcements of quarterly and full-year financial results and related conference calls and webcasts. Corporate actions, including the approval and implementation steps of a 5-for-1 stock split and associated amendments to the company’s certificate of incorporation, are also detailed in company communications and SEC filings.
ServiceNow’s news flow places strong emphasis on AI, security, and acquisitions. Recent releases describe agreements to acquire Armis to expand cyber exposure management and cyber-physical security, and the intent to acquire Veza to extend identity security and governance. The company also reports on the completed acquisition of Moveworks, which is intended to deepen its agentic AI capabilities, AI assistants, and enterprise search. These items provide insight into how ServiceNow is evolving its platform in areas such as autonomous cybersecurity, exposure management, and AI-native employee experiences.
News items also cover strategic partnerships and regional investments. Examples include integrations with Microsoft technologies to orchestrate AI agents across Microsoft 365 and the ServiceNow AI Platform, a collaboration with Figma to turn designs into enterprise applications using the ServiceNow Build Agent, and an expanded partnership with NTT DATA to co-develop and deliver AI-powered solutions. ServiceNow has additionally announced a multi-year investment in Canadian-hosted, AI-ready infrastructure and a Canada Centre of Excellence to support AI adoption in the public sector.
By reviewing the NOW news page, readers can track these developments, including leadership appointments, acquisitions, platform integrations, public sector initiatives, and capital markets actions, all of which are documented through official press releases and regulatory disclosures.
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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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