Servicenow Inc Stock Price, News & Analysis

de Novo Solutions, a new British technology company specializing in the experience economy, was launched by Tim Warner and Mark Sweeny. The company aims to provide industry vertical solutions using ServiceNow and Oracle Cloud Applications. With a total addressable market of $330 billion globally, de Novo Solutions targets the professional services sector, promising to disrupt traditional systems integrators. The founders emphasize building innovative solutions to enhance digital experiences in both public and private sectors, contributing to the UK technology industry's growth.

ServiceNow (NYSE: NOW) has been recognized as a Leader in the 2021 Gartner Magic Quadrant for IT Risk Management for the second consecutive year. The company's Integrated Risk Management (IRM) solution combines IT, security, risk, and compliance management through AI/ML automation. Gartner forecasts that by 2023, 80% of organizations will utilize IT risk management products. The solution enhances real-time visibility of risks and compliance, promoting better risk-based decision-making and improved business performance.

ServiceNow (NYSE: NOW) has expanded its strategic partnership with Microsoft to enhance employee experiences through a new collaborative app integrated with Microsoft Teams. This app, part of the Now Platform Rome release, allows employees to access a unified portal for various departmental services directly within Teams, streamlining their workflows in hybrid work environments. The partnership also includes increased investments in co-innovation and product development, aiming to improve productivity and collaboration for their joint customers, including NTT Data.

ServiceNow has launched the Now Platform Rome release, enhancing digital workflows for the hybrid work era. This release introduces tools aimed at combating employee fatigue, boosting automation, and creating better work experiences across organizations, including notable clients like Deloitte and Mercedes-Benz. With features like the Employee Center and Automation Discovery, the platform seeks to streamline tasks and improve productivity. The announcement comes amid strong economic growth, positioning ServiceNow to support organizations in adapting to evolving business models and workforce dynamics.

ServiceNow (NYSE: NOW) has been named a Leader in the 2021 Gartner Magic Quadrant for IT Service Management (ITSM) Tools, marking the eighth consecutive year in this prestigious position. The company is recognized for its ability to execute and completeness of vision, particularly its native IT Operations Management (ITOM) and AI capabilities. With its ITSM solutions, ServiceNow aims to enhance IT processes globally, focusing on resilience, productivity, and employee service.

ServiceNow (NYSE: NOW) has been recognized as a Leader in the 2021 Gartner Magic Quadrant for IT Vendor Risk Management Tools for the second consecutive year. This recognition highlights their Vendor Risk Management solution that addresses risks from increased digitalization in business operations. Benefits include enhanced efficiency through automation, improved resilience via continuous monitoring, and integration with existing enterprise workflows. The evolving market for IT VRM tools emphasizes automation and the importance of third-party risk management.

ServiceNow (NYSE: NOW) announced its participation in four upcoming investor conferences. Executives will present at:

• Wolfe Research TMT Conference - Chirantan “CJ” Desai, September 8, 11:35 a.m. PT
• Deutsche Bank 2021 Technology Conference - Gina Mastantuono, September 10, 10:25 a.m. PT
• Citi 2021 Virtual Global Technology Conference - Gina Mastantuono, September 13, 11:40 a.m. PT
• Jefferies 2021 Software Conference - Lara Caimi, September 14, 1:30 p.m. PT

Live webcasts will be available on ServiceNow's investor relations website.

ServiceNow (NYSE: NOW) has appointed Jon Sigler, a veteran in enterprise software with over 25 years of experience, to lead its Now Platform product organization. Sigler, formerly with Salesforce, Apple, and Microsoft, will drive innovation in ServiceNow's offerings, enhancing its role in digital transformation for over 80% of Fortune 500 companies. Chief Product Officer Chirantan Desai emphasized the importance of visionary leadership to capture market opportunities. Sigler expressed enthusiasm for advancing ServiceNow’s no-code platform, marking a pivotal moment in customer digital transformation.