ServiceNow Adds AI and Security Capabilities to the Now Platform Tokyo Release to Supercharge Operational Intelligence and Trust

Rhea-AI Summary

ServiceNow (NYSE: NOW) has launched new AI-powered features and risk management tools in its Now Platform Tokyo release, aimed at enhancing operational efficiency amidst economic uncertainty and cyber threats. Key innovations such as Task Intelligence and Automation Center aim to streamline customer service and operational oversight. Gartner forecasts a significant rise in software infrastructure spending, exceeding $120 billion by 2026, indicating strong market potential for ServiceNow’s solutions. The Tokyo release is designed to fortify business models by leveraging advanced data protection and increasing resilience against disruptions.

Positive

• Introduction of AI-powered features enhances operational efficiency.
• New tools like Task Intelligence and Automation Center improve customer service and operational oversight.
• Strong market potential with software infrastructure spending projected to exceed $120 billion by 2026.

Negative

• None.

New features help increase business efficiency and resilience amid macroeconomic uncertainty and unprecedented cyber risk

SANTA CLARA, Calif.--(BUSINESS WIRE)-- ServiceNow (NYSE: NOW) today announced even more solutions within the Now Platform Tokyo release designed to supercharge operational intelligence and trust. In addition to ServiceNow Vault, announced yesterday, ServiceNow is releasing new AI-powered features and developer and risk management tools to help organizations operate more efficiently and power more resilient business models.

Automation Center (Graphic: Business Wire)

According to Gartner®, software infrastructure spending in segments containing PaaS, cloud management and security is forecast to grow at a double-digit rate, reaching a combined spend of over $120 billion by 2026¹. Customers are leveraging the breadth of ServiceNow’s capabilities as their platform for digital business amid macroeconomic uncertainty and unprecedented cyber risk. Additional solutions in the Tokyo release use AI and the highest levels of platform privacy and security controls to boost business intelligence and mitigate risk.

“Operational trust and efficiency are top of mind for business leaders. Organizations are investing in digital technologies that help them unlock efficiencies and save costs, while protecting their data in an increasingly challenging and sophisticated threat landscape,” said Jon Sigler, SVP for the Now Platform at ServiceNow. “With new AI-powered automation and risk management solutions in the Tokyo release, we are helping customers create more resilient, secure, and productive business models, all on a single platform, so they can navigate uncertainty with confidence.”

New Tokyo solutions that boost intelligence and trust in business operations include:

• Task Intelligence for Customer Service Management arms service agents with AI and automation capabilities, freeing them to focus on the most complex customer cases and helping them be more empathetic when working with customers. Task Intelligence applies AI to the most common use cases to automate routine tasks like categorizing emails and cases and routing them to the right team, at the right time, in the right language with Sentiment Analysis to give agents visibility into a customer's tone so they can prioritize work.

• Automation Center empowers IT teams and Automation Centers of Excellence with complete visibility of their organization's hyperautomation landscape in a central, vendor-agnostic hub to drive greater efficiency and cost savings across the organization. In addition to overseeing ServiceNow’s own RPA inside Automation Engine, Automation Center also provides insights on third party automations. By integrating siloed islands of automation across vendors into one cohesive view, Automation Center enables organizations to maximize business impact, ROI, and operational health.

• DevOps Config helps ensure DevOps teams can reduce outages caused by configuration changes, making their organization’s software and services more reliable, and helping prevent revenue loss associated with outages. DevOps Config, which is included in ITSM Pro, manages configuration data for applications, releases, environments, and infrastructure in a single repository. Access control and real-time validation of configuration changes, along with centralized management, security, and validation—seamlessly, and within development pipelines—contribute to outage prevention.

• Operational Resilience Management, part of ServiceNow’s Risk Management portfolio, helps organizations continue to serve customers, deliver products and services, and protect their workforces in the face of adverse events. With new Scenario Analysis capabilities, customers can design and simulate events to determine potential impact to operational resilience. These new capabilities allow teams to plan ahead as they anticipate, prevent, adapt to, and recover from any business disruption.

• ITSM Pro+ adds a new layer of business intelligence to the digital tools employees and customers use. For organizations, ITSM Pro+ includes all the capabilities of ITSM Pro—and adds powerful insights with out-of-the box analytics and dashboards, as well as a new end-to-end white glove service called Virtual Agent Optimize (VAO). With VAO, ServiceNow’s team of experts sets up, manages, and continuously optimizes Virtual Agent conversations with Natural Language Understanding (NLU) in real time, so customers can quickly leverage the Virtual Agents for the most effective responses and resolutions.

• ServiceNow Vault uses flexible key management and data classification to drive data anonymization, ServiceNow Vault enables organizations to protect sensitive confidential data and increase regulatory compliance through native platform encryption. Vault also enables organizations to strengthen their platform security posture by simplifying the management and protection of machine credentials, as well as validating the authenticity and integrity of code being deployed to the MID Server helping to ensure no malicious insertion. Finally, Vault facilitates organizations to export their ServiceNow system and application logs at scale and in near real time as a service.

   

The Now Platform Tokyo release was designed to help organizations navigate complex business challenges amid an uncertain macro environment. The ServiceNow Tokyo release is purpose-built to deliver better employee and customer experiences, supercharge intelligence and trust in operations, and accelerate value in ways that are good for people, good for the planet, and good for profits.

What customers, partners, and analysts are saying about the Now Platform Tokyo release

Orange Business Services

“Orange Business Services helps companies transform their businesses, redesign their services and harness the potential of data to improve operations, along with employee and customer experiences,” said Daniel Bigagli, vice president, enterprise services business unit at Orange Business Services. “The new Automation Center solution within the Now Platform Tokyo release gives us even greater visibility and data-driven insights into automation deployments across the entire enterprise, so we can increase efficiencies and return on investment, enabling us to better communicate business benefits to our customers.”

IDC

“Data security and privacy are top concerns for organizations as they move more data into the cloud. An increase in cyber threats and data privacy requirements are putting more of an emphasis on ensuring that sensitive data is protected,” said Jennifer Glenn, Research Director for IDC’s Security and Trust Group. “ServiceNow Vault includes advanced data encryption and anonymization capabilities that are designed to offer organizations greater flexibility and control over how they protect sensitive data within business-critical apps. This flexibility is essential for organizations that need to comply with privacy regulations, while still maintaining high levels of application performance.”

Availability

The Now Platform Tokyo release is generally available today.

Additional information:

• ServiceNow’s Chief Operations Officer, CJ Desai, explores new innovations in his blog
• Read insights from ServiceNow’s Senior Vice President of the Now Platform, Jon Sigler on the Now Platform Tokyo release
• Watch a demo on Automation Center here

About ServiceNow

ServiceNow (NYSE: NOW) is making the world of work, work better for people. Our cloud‑based platform and solutions deliver digital workflows that create great experiences and unlock productivity for employees and the enterprise. For more information, visit: www.servicenow.com.

© 2022 ServiceNow, Inc. All rights reserved. ServiceNow, the ServiceNow logo, Now, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries. Other company names, product names, and logos may be trademarks of the respective companies with which they are associated.

¹ Gartner, Forecast Analysis: Enterprise Infrastructure Software, Worldwide, 12 August 2022

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220922005269/en/

Jacqueline Velasco

408‑561‑1937

press@servicenow.com

Source: ServiceNow

FAQ

What new features were announced by ServiceNow in the Now Platform Tokyo release?

ServiceNow announced AI-powered features and risk management tools designed to enhance operational efficiency.

How does the Now Platform Tokyo release help businesses mitigate risks?

The release includes advanced data protection features such as ServiceNow Vault, which offers encryption and compliance capabilities.

What is the significance of the $120 billion forecast mentioned in the press release?

The $120 billion forecast refers to the expected growth in software infrastructure spending, indicating strong demand for ServiceNow's solutions.

When did ServiceNow announce the Now Platform Tokyo release?

ServiceNow announced the Now Platform Tokyo release on September 22, 2022.

Which stock symbol represents ServiceNow?

ServiceNow is represented by the stock symbol 'NOW'.