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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 (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.

Rhea-AI Summary
GivePower, Mombasa County, and ServiceNow have opened a new Solar Water Farm in Mshomoroni, Kenya, producing 75,000 liters of clean drinking water for the community. The system is the fourth in Mombasa County and utilizes solar energy to desalinate water sources. GivePower aims to address the global water challenge and eliminate inequities resulting from climate change. ServiceNow funded the project as part of its $3 million commitment to GivePower.
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ServiceNow announces Now Assist family of solutions, integrating generative AI to accelerate productivity and improve experiences across all workflows on the Now Platform.
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ServiceNow announces new automation solutions in the Now Platform Vancouver release, enhancing security and governance, simplifying critical processes, and accelerating talent transformation through AI.
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AI is changing jobs and creating new career opportunities
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ServiceNow exceeded guidance in Q2 2023 with strong topline growth and profitability. Subscription revenues reached $2,075 million, a 25% YoY growth. Total revenues were $2,150 million, a 23% YoY growth. Current remaining performance obligations were $7.20 billion, a 25% YoY growth. The company saw 70 transactions over $1 million in net new ACV, a 30% YoY increase. ServiceNow now has 1,724 customers with over $1 million in ACV, an 18% YoY growth.
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ServiceNow announces expanded generative AI capabilities, case summarization and text-to-code, to drive speed, productivity, and value for customers. The new capabilities are purpose-built for the ServiceNow platform and are designed to alleviate repetitive work and significantly improve productivity. ServiceNow also introduces premium SKU offerings across ITSM, CSM, and HRSD.
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ServiceNow (NYSE: NOW) and KPMG announce an expanded commitment to reimagine finance, supply chain, and procurement operations. The partnership includes significant investment in new offerings combining AI, low-code capabilities, and deep industry expertise. The joint effort aims to streamline processes, improve employee experience, and reduce costs, targeting an estimated $11 billion total addressable market by 2025 for sourcing and procurement operations.
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ServiceNow has been recognized as a Visionary in the 2023 Gartner Magic Quadrant for Application Performance Monitoring (APM) and Observability. The company's Cloud Observability solution helps manage cloud and cloud-native infrastructure by unifying telemetry data, improving issue identification and resolution.
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Servicenow Inc

NYSE:NOW

NOW Rankings

NOW Stock Data

164.91B
206.61M
0.18%
92.51%
1.62%
Software - Application
Services-prepackaged Software
Link
United States
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