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ServiceNow Transforms Hybrid Work with New Solutions to Help Offices Reopen Smoothly

07/15/2021 | 09:00am EDT

ServiceNow announced updates to its Workplace Service Delivery solution to support employees and facilities teams in an increasingly hybrid work environment that demands flexible, agile workplace service management applications. ServiceNow gives employees a consumer-grade mobile experience to reserve workspaces, conference rooms and services and navigate workplaces. For businesses, ServiceNow’s Workplace Service Delivery solution provides the data and insights needed to better inform real estate costs and optimization. ServiceNow’s Workplace Service Delivery solution addresses a rapidly growing and urgent need for companies and employees to reopen offices and return to workplaces smoothly. Multi-channel, native mobile solutions automate requests, reservations and repairs so employees can focus on meaningful work. New features of Workplace Service Delivery include: Intelligent and intuitive reservation capabilities in the Workplace Reservation Management application for a consumer-grade reservation experience. With many organizations prioritizing workspace hoteling over permanent seats in the new hybrid work environment, employees need to be able to easily make reservations for workspaces and workplace services. Workplace Reservation Management already makes it simple for employees to reserve workspaces, desks and conference rooms. New native mobile capabilities make it even easier for employees to request these spaces. The updates also improve the self-service experience for employees as they book workspaces with single-click reservation capabilities. Additionally, a new prompt feature recommends adding requests and services – like catering or room configurations – while making a reservation. New space utilization capabilities within the Workplace Space Management application help facilities teams optimize real estate spend. In the hybrid workplace, it's critical that facilities teams have real-time access to data about space utilization to efficiently design workspaces and maximize real estate investments. If facilities teams understand how many employees are coming into a workplace on a given day, month or year, they can make more informed decisions about the office layout, how many buildings or floors need to be open, how much food and drink should be available in a kitchen, and workplace cleaning schedules. With the new space utilization capabilities, the Workplace Space Management app provides facilities teams with a single solution to measure and define spaces as flexible or permanent and retire old spaces to optimize a company’s real estate portfolio. Enhancements to the Workplace Space Mapping application for better wayfinding throughout the office.Many employees returning to an office may be unfamiliar with new office layouts, while others who were hired during the pandemic have never set foot in the office. New mapping enhancements help employees locate permanent or reserved workspaces, find and reserve conference rooms or workspaces near teams, and navigate their work campus with ease.

ę S&P Capital IQ 2021
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Analyst Recommendations on SERVICENOW, INC.
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Financials (USD)
Sales 2021 5 838 M - -
Net income 2021 230 M - -
Net cash 2021 2 581 M - -
P/E ratio 2021 565x
Yield 2021 -
Capitalization 129 B 129 B -
EV / Sales 2021 21,6x
EV / Sales 2022 17,0x
Nbr of Employees 13 096
Free-Float 99,6%
Duration : Period :
ServiceNow, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends SERVICENOW, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 32
Last Close Price 648,73 $
Average target price 670,69 $
Spread / Average Target 3,39%
EPS Revisions
Managers and Directors
William R. McDermott President, Chief Executive Officer & Director
Gina M. Mastantuono Chief Financial Officer
Frederic B. Luddy Chairman
Chris Bedi Chief Information Officer
Chirantan C. J. Desai Chief Product & Engineering Officer
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