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ServiceNow, one of the fastest-growing enterprise software firms around, has become the darling of the cloud-computing industry on the back of its eye-catching growth: Sales jumped 38% last year to $1.4 billion. ­Michelin and Hershey’s are just a couple of the big companies using the software, which automates processes like collecting approvals for legal contracts, and the Santa Clara, Calif., company reports an annual customer renewal rate of 98%. To bolster its intelligent automation offerings, earlier this year ­ServiceNow acquired a pair of startups: Qlue, which has a “virtual agent” system, and DxContinuum, a machine‑learning company.

Company Information

* Market value has risen above $20 billion since screening was completed.
Overall Score2.9
Sector
Technology
Industry
Computer Software
CEO
John J. Donahoe
Websitehttp://www.servicenow.com
Employees5,571
HQ Location
Santa Clara, Calif.
Revenues ($M) (Past 12 Months)$1,632
Profits ($M) (Past 12 Months)$-166
Market Value as of Oct. 9, 2017 ($M)$20,712