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ServiceNow, Inc. is an American software company based in Santa Clara, California, that develops a cloud computing platform to help companies manage digital workflows for enterprise operations. Founded in 2003 by Fred Luddy , ServiceNow is listed on the New York Stock Exchange and is a constituent of the Russell 1000 Index and S&P 500 Index . [2]
William R. McDermott (born August 18, 1961) is an American businessman and CEO of ServiceNow.Before ServiceNow, he was the CEO of the technology company SAP SE. During his tenure as co-CEO and CEO, SAP's market value increased from $39 billion to $156 billion.
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He was appointed CEO of ServiceNow in 2011, then led its initial public offering the next year. He also converted ServiceNow from a help-desk provider to a broader IT services business. Slootman was appointed CEO of Snowflake on April 26, 2019. Slootman prepared the company for an initial public offering during the COVID-19 pandemic.
ServiceNow is firmly profitable on a GAAP basis, and its adjusted EPS increased 42% in 2023. Analysts expect that figure to rise another 25% in 2024, but its stock isn't a screaming bargain at 57 ...
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One-month return of ServiceNow, Inc. (NYSE:NOW) was 2.23% and its shares lost 38.72% of their value over the last 52 weeks. ServiceNow, Inc. (NYSE:NOW) has a market capitalization of $84.989 billion.
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