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ServiceNow

Updated 2026-08-17 21:01
Primary URL Location Industry
servicenow[.]com
Country United States of America
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Profile

ServiceNow provides a cloud‑based platform that enables organisations to digitise and automate workflows across multiple business functions. Its core offering began as an IT service management suite that helps enterprises manage incidents, problems, changes and service requests, and it has since expanded into domains such as human resources, customer service, security operations, governance risk and compliance, and software development lifecycle management. The platform is delivered as a multi‑tenant software‑as‑a‑service solution, allowing customers to configure applications through low‑code tools or to build custom workflows using the Now Platform’s development environment. ServiceNow serves a broad range of industries including financial services, healthcare, manufacturing, retail, technology and the public sector, with a global customer base that spans North America, Europe, Asia‑Pacific and Latin America.

The company reports annual revenue exceeding seven billion dollars and employs roughly twenty thousand people worldwide, figures that reflect its growth since its founding in 2004. ServiceNow’s platform is used by more than eighty percent of the Fortune 500, indicating a substantial footprint among large enterprises, and it maintains data centres in multiple regions to support low‑latency access and compliance with local data residency requirements. Its subscription‑based business model generates recurring revenue, and the company consistently reports double‑digit year‑over-year growth in both revenue and remaining performance obligation, signalling sustained demand for its workflow automation capabilities.

ServiceNow distinguishes itself by positioning its platform as a unified system of action that integrates disparate organisational silos through a single data model and a common user experience, thereby reducing the need for multiple point solutions. The platform’s strong emphasis on artificial intelligence and machine learning—embodied in features such as predictive intelligence, natural language processing and virtual agents—enables organisations to anticipate issues and automate routine tasks without extensive custom coding. Additionally, ServiceNow has achieved numerous industry certifications and attestations (e.g., ISO 27001, SOC 2, FedRAMP) that underscore its commitment to security, privacy and regulatory compliance, which is particularly valuable for customers in heavily regulated sectors such as finance and government.

Structurally, ServiceNow, Inc. is an independent, publicly traded corporation listed on the New York Stock Exchange under the ticker symbol NOW; it has no parent company and retains full control over its subsidiaries, which primarily consist of regional sales and support entities as well as specialised acquisitions that have been integrated into the Now Platform to extend its functional coverage. This ownership structure allows the company to pursue a unified product strategy while maintaining the agility to respond to evolving market needs.

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