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ServiceNow (NOW) Stock News, Sep-Oct 2020

NOW NYSE

ServiceNow, Inc. develops SaaS workflow automation and AI platform software for enterprise operations. News about NOW commonly covers the ServiceNow AI Platform, AI Control Tower, Build Agent, ServiceNow Studio, Context Engine, Workflow Data Fabric, and workflow products used across IT, security operations, customer service, human resources, procurement, supply chain, and application development.

Company updates also center on enterprise AI governance, agentic workflows, data integration, and partner integrations with cloud, consulting, technology, logistics, and device-management providers. Recurring items include product launches, marketplace activity, customer and partner programs, acquisition-related technology additions, financial results, credit facilities, share repurchases, and governance changes.

Rhea-AI Summary

ServiceNow (NYSE: NOW) has been recognized as a Leader in the 2020 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms (LCAP). This evaluation highlights ServiceNow's App Engine for its execution capabilities and vision completeness, underscoring the company's commitment to low-code application development. As businesses increasingly turn to digital solutions, the App Engine enables rapid creation of digital services, empowering both citizen and professional developers to innovate efficiently. Key features include speed, agility, user experience, and governance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
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Rhea-AI Summary

BV Investment Partners has announced a significant investment in GlideFast Consulting and Pharicode, two Elite partners of ServiceNow (NYSE: NOW). Founded in 2015, GlideFast specializes in ServiceNow implementations and support, while Pharicode, established in 2016, focuses on cloud transformation for government agencies. BV's investment aims to enhance the growth strategies of both companies amidst the growing demand for digital transformation. With a track record of $3.7 billion in investments, BV will support GlideFast and Pharicode to develop competencies in adjacent ServiceNow product categories.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.73%
Tags
none

FAQ

What is the current stock price of ServiceNow (NOW)?

ServiceNow (NOW) last closed at $141.97.

What is the market cap of ServiceNow (NOW)?

The market cap of ServiceNow (NOW) is approximately $146.8B.