ServiceNow shares are attractively valued after a 30% pullback, despite continued strong revenue and free cash flow growth. NOW's growth drivers are Pro Plus licensing enabling AI functionality, consumption-based revenue, ITSM/CRM market share gains, and a strategic cybersecurity expansion via the Armis acquisition. Fears that AI will negatively impact seat-based SaaS growth are unfounded; NOW'...
RADNOR, Pa.--(BUSINESS WIRE)-- #AI--CoreX, a high-growth Elite Consulting and Implementation Partner of ServiceNow and NewSpring Holdings platform company, today announced the successful completion of its acquisition of InSource's ServiceNow business unit. InSource is a fellow Elite Partner recognized for deep delivery expertise and an unwavering commitment to client success. The transaction of...
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE NOW), the AI control tower for business reinvention, today announced that Hossein Nowbar has joined the company as President and Chief Legal Officer (CLO). Russ Elmer, who has served as Chief Legal Officer since 2018, will transition to the role of Special Counsel, where he will continue to provide strategic guidance and ensure continuity o...
ServiceNow offers AI chatbots for some of the largest corporations and has an impressive 97% renewal rate. The company makes almost all of its revenue from annual subscriptions and continues to sign large contracts.
After years of eschewing big mergers, ServiceNow Inc. is on a deal spree. It has spent at least $12 billion this year on acquisitions or strategic investments.
Netflix is the indomitable leader in streaming, and its advertising segment is gaining steam. Broadcom supplies infrastructure to hyperscalers, and it backlog of AI revenue is growing.
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