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About ServiceNow
Industries
Consulting
Consumer Software
Enterprise Software
Company Size
10,001+
Company Stage
IPO
Headquarters
Santa Clara, California
Founded
2004
Overview
ServiceNow offers a cloud-based platform called the Now Platform that helps businesses automate and manage various operations, including IT, customer service, human resources, and security. It serves large enterprises across multiple industries, allowing them to modernize their processes and improve efficiency. Unlike traditional software, ServiceNow operates on a software-as-a-service (SaaS) model, providing clients with easy online access and generating revenue through subscription fees. The company's goal is to enhance customer and employee experiences by facilitating effective digital transformation.
Simplify's Take
What believers are saying
- ServiceNow's investment in UK data centers boosts AI processing power and workforce growth.
- The acquisition of Moveworks enhances ServiceNow's AI capabilities in enterprise search and assistants.
- Partnership with NVIDIA advances ServiceNow's AI offerings, attracting enterprises seeking AI integration.
What critics are saying
- Heavy investment in AI infrastructure may not yield expected returns if adoption lags.
- Moveworks acquisition could strain finances if it doesn't lead to revenue growth.
- AI agent adoption may face hurdles if enterprises are slow to integrate them.
What makes ServiceNow unique
- ServiceNow's Now Platform offers comprehensive digital workflow automation solutions.
- The company focuses on large enterprises across diverse industries for its SaaS offerings.
- ServiceNow's strategic partnerships enhance its AI capabilities and market position.
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Funding
Total Funding
$293.8M
Above
Industry Average
Funded Over
4 Rounds
Greylock PartnersBenefits
Generous family leave
Flexible PTO
Matched Donations
Retirement benefits
Annual learning stipends
Paid volunteer time
Growth & Insights and Company News
6 month growth
â 0%1 year growth
â 0%2 year growth
â 0%ServiceNow is investing ÂŁ1.15 billion to expand U.K. data centers with Nvidia GPUs, boosting AI processing power and workforce growth.
From robotics to generative artificial intelligence and using agentic AI for dispute resolution, vendors including ASUS, Adobe, HP and ServiceNow demonstrated their new offerings in the exhibit hall at NVIDIA GTC 2025.
Last October, ServiceNow partnered with NVIDIA to develop native AI agents using NVIDIA AI infrastructure, platforms, and software, including: NVIDIA AI Enterprise, NVIDIA NIM microservices, NVIDIA Nemo, and NVIDIA DGX Cloud.
POPX Ltd today announced the official launch of its Service Desk as a Service (SDaaS) solution for all MSPs.
ServiceNow has made significant strides in agentic AI with two major acquisitions: Cuein and Moveworks, the latter for $2.85 billion. These moves aim to enhance ServiceNow's AI capabilities, particularly in building front-end AI assistants and enterprise search. Despite being a leader in IT operations, agentic AI adoption is still emerging, with only 10% of large enterprises having deployed AI agents. ServiceNow's challenge is to deliver ROI on its AI investments.
ServiceNow is Hiring for 4 Jobs on Simplify!
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About ServiceNow
Industries
Consulting
Consumer Software
Enterprise Software
Company Size
10,001+
Company Stage
IPO
Headquarters
Santa Clara, California
Founded
2004
ServiceNow is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to ServiceNow