'Foundation to the house' couldn't be stronger , says ServiceNow CEO Bill McDermott

Core Viewpoint - ServiceNow has demonstrated strong organic growth, consistently achieving over 20% revenue growth annually for the past decade, positioning itself as a leader in the enterprise software sector [2][5]. Group 1: Company Growth and Acquisitions - ServiceNow announced the acquisition of Move Works, a pure play AI employee experience company, enhancing its capabilities in providing a unified platform for employee data and actions [3][4]. - The company emphasizes that it does not rely on acquisitions for growth, as it is already outpacing other SaaS companies in terms of growth rates [5][6]. - The integration of AI into ServiceNow's platform is expected to create significant economic value for customers, further driving growth [6][7]. Group 2: Market Position and Strategy - ServiceNow differentiates itself from competitors like Salesforce by focusing on organic growth rather than acquisitions to drive its business model [4][5]. - The company is not classified merely as a SaaS company but as a platform company, which broadens its market appeal and operational scope [5]. - The upcoming stock split (5-for-1) reflects the company's confidence in its growth trajectory and market position [7].