ServiceNow

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ServiceNow is a cloud-based software company that provides enterprise solutions for digital workflows and IT service management. Founded in 2004, ServiceNow initially focused on IT service management (ITSM) but has since expanded its offerings to include IT operations management, customer service management, HR service delivery, and business applications. The company's platform is designed to streamline and automate various aspects of enterprise operations, creating a single system of record for organizations.

ServiceNow's core product is a cloud-based platform that enables organizations to manage digital workflows for enterprise operations. The platform offers a wide range of applications and tools that can be customized to meet specific business needs. These include incident management, problem management, change management, asset management, and service catalogs. The platform's architecture is built on a multi-instance model, which provides each customer with their own dedicated instance, ensuring data isolation and improved performance.

One of ServiceNow's key strengths is its ability to unify and streamline processes across different departments within an organization. By providing a single platform for managing IT services, human resources, customer service, and other business functions, ServiceNow helps organizations break down silos and improve overall efficiency. The platform also leverages artificial intelligence and machine learning capabilities to enhance automation and provide predictive insights.

In terms of market presence, ServiceNow has gained significant traction among large enterprises. As of 2024, approximately 85% of Fortune 500 companies use ServiceNow's platform. The company has been recognized as a leader in various industry analyst reports, including Gartner's Magic Quadrant for IT Service Management Tools.


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Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
2225 Lawson Lane Santa Clara CA USA
Founded year:
2004
Employees:
10,000
IPO status:
Public
Total funding:
USD 83.7 mn
Last Funding:
-
Last valuation:
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