Delayed Nyse  -  04:00 2022-07-01 pm EDT
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Servicenow Inc. Launches Powerful, New Solutions to Advance Digital Business and Drive Innovation At Scale

05/11/2022 | 09:00am EDT

ServiceNow, Inc. introduced three new solutions built on the Now Platform to help enterprises advance their digital transformation efforts. Service Operations Workspace, App Engine Management Center and Public Sector Digital Services work across organizations and within the public sector to digitize complex processes and accelerate productivity. Service Operations Workspace gives service desk agents and operations teams a single place to manage work, collaborate, and have shared visibility into issues. It includes a unified user experience for agents and operations teams to work on the same problem at the same time and solve issues faster. This helps reduce downtime, improve customer satisfaction, and increase productivity across multiple groups. App Engine Management Center (AEMC) unleashes co-innovation between business and IT with low-code app development governance. As the number of citizen developers creating low-code solutions grows, the role of IT must evolve to empower co-innovation at scale while maintaining governance protocols. AEMC is a turnkey low-code governance solution to successfully scale and safeguard app development across an organization with App Engine. Platform admins can set guardrails, apply standards, enable co-innovation between business and IT, and check for compliance in a single place without any friction. Additionally, AEMC helps centrally manage all aspects of low-code app dev, from app intake to collaboration requests, to pipeline monitoring and deployment tasks. ServiceNow has also published a new Citizen Development Center of Excellence (CoE)website, making it easy for customers and prospects to find the content they need to build a successful citizen development program with App Engine. Public Sector Digital Services provides governments with a digital foundation to deliver consumer-grade experiences from request to resolution. For many people, requesting standard government services often requires visiting a local office, filling out paper forms, and submitting additional documentation, with poor visibility into the status of these requests. Within governments, fulfilling these requests can be slow and require personnel to navigate multiple aging systems and manual processes. Public Sector Digital Services provides out-of-the-box public sector data models and workflows to help governments speed innovation, deliver better experiences, and resolve requests faster. Constituents benefit from increased convenience, transparency, and responsiveness. The three new innovations were announced in tandem with Knowledge 2022, ServiceNow’s annual event providing networking, roundtable discussions, demos and more centered around the latest power, predictability and flexibility of the Now Platform. Availability and Additional Information App Engine Management Center and Public Sector Digital Services are now available on the ServiceNow Store for current ServiceNow customers using the prior family release platform (San Diego or Rome). Service Operations Workspace (with ITOM) is expected to be GA in June 2022 on the ServiceNow Store.

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Financials (USD)
Sales 2022 7 429 M - -
Net income 2022 306 M - -
Net cash 2022 3 778 M - -
P/E ratio 2022 337x
Yield 2022 -
Capitalization 97 095 M 97 095 M -
EV / Sales 2022 12,6x
EV / Sales 2023 9,71x
Nbr of Employees 16 881
Free-Float 99,7%
Duration : Period :
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Technical analysis trends SERVICENOW INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 35
Last Close Price 484,36 $
Average target price 634,33 $
Spread / Average Target 31,0%
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 Operating Officer
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