'Foundation to the house' couldn't be stronger , says ServiceNow CEO Bill McDermott
CNBC Television·2025-12-15 22:27

Financial Performance & Growth Strategy - ServiceNow is the only large enterprise software company operating above the rule of 50, balancing free cash flow and revenue growth [2] - ServiceNow has consistently delivered over 20% organic revenue growth annually for the last decade [2] - ServiceNow emphasizes that its growth is primarily organic and it is growing faster than other SaaS companies [2][5] Acquisitions & Technology - ServiceNow completed the acquisition of Move Works, an AI employee experience company [1] - Move Works is described as the first pure-play AI employee experience company [3] - ServiceNow highlights the integration of agentic AI into its platform, creating new business model opportunities [6] - M&A in security, referencing VZA, is due to the non-human nature of these agents [7] Platform & Services - ServiceNow identifies itself as a platform company, not just a SaaS company [5] - ServiceNow's portfolio includes IT service management, asset management, operations management, security, employee experience, customer service management, and creator workflow management [6] - ServiceNow's stock is going to split five for one on Thursday [7]