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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ServiceNow Inc | NYSE:NOW | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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2.06 | 0.27% | 767.11 | 558 | 13:17:39 |
New generative AI capabilities in Now Assist supercharge productivity, accelerate cost savings, and empower customers and employees to innovate at scale
New automation solutions unify experiences across the enterprise, on the AI platform for business transformation
Expanded strategic partnerships deliver new solutions and expertise to accelerate customer value and opportunity
Knowledge 2024 – ServiceNow (NYSE: NOW), the AI platform for business transformation, today kicked off its annual Knowledge conference in Las Vegas with innovations designed to power AI-driven transformation for enterprises everywhere. The company announced new generative AI (GenAI) capabilities in Now Assist that help supercharge productivity, accelerate cost savings, and empower customers and employees to innovate at scale; new, purpose-built automation solutions for the Now Platform that unify experiences across the enterprise; and expanded strategic partnerships that aim to deliver new solutions and expertise to accelerate customer value and opportunity.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240507465883/en/
(Graphic: Business Wire)
These announcements come just over a week after ServiceNow reported another quarter of strong outperformance across all topline growth and profitability metrics, highlighting how the company’s innovation roadmap and operational discipline continue to drive value for customers and shareholders. At ServiceNow Financial Analyst Day on Monday, May 6, the company also reinforced its path to reach $11 billion in revenues by the end of 2024 and more than $15 billion in revenues by the end of 2026.
“Knowledge 2024 is THE place for the ServiceNow community to come together in the spirit of transformation. This year, Knowledge is bigger than ever as we unveil incredible innovations that will put AI to work for people,” said Bill McDermott, chairman and CEO at ServiceNow. “ServiceNow is defining this movement as the AI platform for business transformation, unlocking immense opportunity for our customers and partners. We’re fired up to kick off a new AI-powered era this week.”
Actionable AI for every corner of the business
With GenAI embedded directly into the Now Platform, customers get out-of-the-box intelligence with ServiceNow’s multimodal model—Now AI—built and optimized for enterprise workflows. Multimodal models incorporate and process many types of data, such as text, images, audio, and video, so users can benefit from a range of inputs to get better results. New capabilities add to ServiceNow’s extensive cross-platform family of GenAI features tailored to meet the needs of different types of users, including employees, agents, admins, and developers.
With ServiceNow’s single, trusted AI and data platform, customers can realize the full potential of AI across their business, fast. Learn more about ServiceNow's latest GenAI solutions to power enterprise-wide productivity and innovation.
Automation solutions that move work forward
After decades of siloed, disparate systems, businesses need a single solution that connects employees to their work, their organization, and each other. ServiceNow is confronting this challenge head on for leaders across industries with a single, strategic platform that unifies every aspect of their organization. Additional digitization capabilities announced today deliver automation and intelligent collaboration at scale, transforming every corner of the enterprise to be more streamlined, efficient, and effective.
Next generation partner ecosystem delivers services, solutions, and expertise
ServiceNow is building on its multi-year vision for its partner program to accelerate end-to-end digital transformation for customers. The ServiceNow partner ecosystem has grown in capacity and capabilities, bringing more robust industry expertise and tailor-made solutions that drive customer value and further extend ServiceNow’s platform innovation.
Today, ServiceNow unveiled several new partnerships to help boost customers’ digital transformation roadmaps and speed time-to-value:
New CMO joins ServiceNow
Colin Fleming was named ServiceNow’s new chief marketing officer (CMO). An award-winning growth and transformation leader, Fleming joins ServiceNow with nearly two decades of experience building impactful brand and marketing programs. Most recently, Fleming helped lead the dramatic scale and expansion of Salesforce as executive vice president of global marketing.
At ServiceNow, Fleming will guide the marketing vision and execution on the company’s path to becoming the Defining Enterprise Software Company of the 21st century with an eye toward unparalleled customer engagement, exponential growth, and market leadership.
Additional information:
About ServiceNow
ServiceNow (NYSE: NOW) is putting AI to work for people. We move with the pace of innovation to help customers transform organizations across every industry while upholding a trustworthy, human centered approach to deploying our products and services at scale. Our AI platform for business transformation connects people, processes, data, and devices to increase productivity and maximize business outcomes. For more information, visit: www.servicenow.com.
Forward Looking Statements
This press release contains “forward looking statements” about the expectations, beliefs, plans, and intentions relating to its generative AI innovations announced at Knowledge 2024. Such statements include statements regarding future product capabilities and offerings and expected benefits to ServiceNow. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, ServiceNow’s results could differ materially from the results expressed or implied by the forward-looking statements made. ServiceNow undertakes no obligation, and does not intend, to update the forward-looking statements. Factors that may cause actual results to differ materially from those in any forward-looking statements include: (i) delays and unexpected difficulties and expenses in executing the product capabilities and offerings, (ii) changes in the regulatory landscape related to AI and (iii) uncertainty as to whether sales will justify the investments in the product capabilities and offerings. Further information on factors that could affect ServiceNow’s financial and other results is included in the filings ServiceNow makes with the Securities and Exchange Commission from time to time.
© 2024 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240507465883/en/
Media Contact Jacqueline Velasco 408-561-1937 press@servicenow.com
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