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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 ]
Children. 2. William R. McDermott (born August 18, 1961) [1] is an American businessman and CEO of ServiceNow. Before ServiceNow, he was the CEO of the technology company SAP SE. [2][3][4][5] During his tenure as co-CEO and CEO, SAP's market value increased from $39 billion to $156 billion. [2][6] McDermott, along with Joanne Gordon, wrote a ...
He started at the company as an intern in 1988 and worked his way up the corporate ladder. As part of his duties in his last role at Nike, Hill was responsible for helping to grow the Nike and ...
ServiceNow. ServiceNow is in a higher growth phase than Microsoft ($2.6 billion in sales on 22% growth last quarter), so sales rather than bottom-line earnings better represent its valuation.
In 2004, his then net worth of $35 million was lost due to an accounting fraud at his previous company, Peregrine Systems, of which he was the CTO. [2]Luddy founded ServiceNow two weeks before his 50th birthday, "I couldn't wait, because there was something psychologically that said I couldn't start a company at 50."
Salesforce quasi-rival ServiceNow trades on a 53 times forward multiple. Pros tell me the Street is generally worried about Salesforce's propensity to spend big on acquisitions, which weighed on ...
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Motley Fool Transcribing, The Motley Fool. July 24, 2024 at 11:30 PM. Logo of jester cap with thought bubble. Image source: The Motley Fool. ServiceNow (NYSE: NOW) Q2 2024 Earnings Call. Jul 24 ...