ServiceNow's stock has risen on the back of strong subscription sales and a revenue jump driven by the success of its AI products. CEO Bill McDermott described the company's AI efforts as a 'once-in-a-generation opportunity,' and highlighted the significant contribution of their Gen AI products to the company's net new ACV in Q4. ServiceNow, with a market cap of $150 billion, reported that their Gen AI products drove the largest net new ACV contribution for their first full quarter of any new product family releases ever.
ServiceNow, a $150B company with fifteen 250m ARR products (three at $1B ARR!) on their Generative AI efforts: “In Q4, our Gen AI products drove the largest net new ACV contribution for our first full quarter of any of our new product family releases ever” https://t.co/Bh8hN1dxVr https://t.co/UgOUfgYAjg
ServiceNow, a $150b market cap company, made this statement yesterday in their earnings call : “In Q4, our gen AI products drove the largest net new ACV contribution for our first full quarter of any of our new product family releases ever, including our original Pro SKU.”…
CEO @BillRMcDermott says that @ServiceNow is “building a masterpiece”, and that #AI represents a once-in-a-generation opportunity. @Derek_duPreez finds out how its AI products are fuelling growth: https://t.co/CPabm4JpyN https://t.co/iMsiqO0VEu
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