The cloud-computing firm has maintained its prolific growth within an expanding enterprise IT market by investing heavily in research and development and boosting its sales capabilities. A strategic partnership with Microsoft’s Azure cloud-computing service, announced earlier this year, has furthered ServiceNow’s ability to serve highly regulated industries and increased its exposure to lucrative U.S. government contracts. Yet profitability continues to evade the company, and the departure of well-regarded CFO Mike Scarpelli is also a blow.
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William R. McDermott
Santa Clara, Calif.
|Revenues ($M) (Past 12 Months)||$3,011|
|Profits ($M) (Past 12 Months)||$3|
|Market Value as of Oct. 9, 2019 ($M)||$49,129|
Refinitiv Sustainable Leadership Monitor
The Sustainable Leadership Monitor is independent and separate from BCG and the Future 50.