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ServiceNow (NOW) Enhances GenAI With NVIDIA Partnership
Zacks Investment Research· 2024-03-19 18:56
ServiceNow (NOW) is benefiting from its partnership with NVIDIA (NVDA) , leveraging advanced generative AI capabilities to transform digital workflows.Through access to NVIDIA NIM inference microservices, ServiceNow enhanced its Now LLMs (Large Language Models), enabling faster, scalable and cost-effective deployment across various use cases. The collaboration marks a significant milestone in ServiceNow's commitment to empowering enterprises with advanced AI solutions.With initiatives like AI Lighthouse and ...
ServiceNow (NOW) Strengthens Portfolio With 4Industry Buyout
Zacks Investment Research· 2024-03-19 16:25
ServiceNow (NOW) recently announced that it has entered into an agreement to acquire 4Industry, a Netherlands-based partner known for its manufacturing technology application. It also announced the completion of the acquisition of Smart Daily Management, a connected digital worker application from EY.These acquisitions mark a significant step forward in ServiceNow’s quest to revolutionize smart industrial environments and empower connected workers. The addition of 4Industry and Smart Daily Management broade ...
ServiceNow Named a Leader in Customer Service Solutions by Independent Research Firm
Businesswire· 2024-03-19 13:00
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, has been named a Leader in the Forrester Wave™: Customer Service Solutions, Q1 2024 for the first time. This rating recognizes ServiceNow’s Customer Service Management (CSM) solution. According to the report, “Business and IT leaders understand the economics of great customer service, and the vast majority of enterprises invest in modern solutions.” It goes on to s ...
ServiceNow Announces Acquisitions of 4Industry and EY Smart Daily Management Application to Drive Innovation for Smart Industrial Environments and Connected Workers
Businesswire· 2024-03-18 12:30
SANTA CLARA, Calif. & UTRECHT, Netherlands--(BUSINESS WIRE)--ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, today announced it has signed an agreement to acquire 4Industry, a Netherlands-based partner whose manufacturing technology application is built on the Now Platform, and has completed the acquisition of Smart Daily Management, a connected digital worker application from EY. Together, the deals augment ServiceNow’s existing operational technology ...
ServiceNow (NOW) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-03-14 22:51
In the latest market close, ServiceNow (NOW) reached $779.49, with a +0.34% movement compared to the previous day. This move outpaced the S&P 500's daily loss of 0.29%. Elsewhere, the Dow saw a downswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.3%.Coming into today, shares of the maker of software that automates companies' technology operations had lost 1.91% in the past month. In that same time, the Computer and Technology sector gained 3.61%, while the S&P 500 gained 4.42%.Analysts and inves ...
ServiceNow (NOW) Suffers a Larger Drop Than the General Market: Key Insights
Zacks Investment Research· 2024-03-13 22:56
ServiceNow (NOW) ended the recent trading session at $776.88, demonstrating a -1.61% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the Dow saw an upswing of 0.1%, while the tech-heavy Nasdaq depreciated by 0.54%.The maker of software that automates companies' technology operations's shares have seen an increase of 2.04% over the last month, not keeping up with the Computer and Technology sector's gain of 2.36% and the S&P 500' ...
ServiceNow: A Strong Investment Opportunity For The AI Era
Seeking Alpha· 2024-03-11 21:35
hapabapa/iStock Editorial via Getty ImagesSince OpenAI previewed ChatGPT in November 2022, there has been a proliferation of software and cloud companies that claim generative Artificial Intelligence (AI) and other AI technology will be a growth driver for their business. Yet, some of these companies' claims have not met investor expectations for top and bottom-line growth in this challenging spending environment. For instance, Snowflake (SNOW) and Workday (WDAY) are enterprise software vendors that sho ...
A Once-in-a-Decade Investment Opportunity: 1 Artificial Intelligence (AI) Stock to Buy Now and Hold Long-Term
The Motley Fool· 2024-03-09 10:45
A recent survey from Morgan Stanley identified artificial intelligence (AI) as the IT product category likely to see the largest spending increase in 2024. Despite that enthusiasm, businesses have only started to reap the benefits of what could be the most transformative technology in years.Indeed, billionaire hedge fund manager Dan Loeb recently compared AI to the Industrial Revolution, and he wrote the following in a note to clients:We have watched AI evolve and believe the technology has matured to the p ...
Is Trending Stock ServiceNow, Inc. (NOW) a Buy Now?
Zacks Investment Research· 2024-03-08 15:06
ServiceNow (NOW) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this maker of software that automates companies' technology operations have returned -3.9% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Computers - IT Services industry, to which ServiceNow belongs, has gained 3.9% over this period. Now the key question is ...
ServiceNow (NOW) Rises But Trails Market: What Investors Should Know
Zacks Investment Research· 2024-03-06 23:51
The most recent trading session ended with ServiceNow (NOW) standing at $741.06, reflecting a +0.12% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.51%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.58%.Shares of the maker of software that automates companies' technology operations have depreciated by 4.8% over the course of the past month, underperforming the Computer and Technology ...