Rank
3
ServiceNow
Six years ago, ServiceNow’s market share in IT service management stood at 10%. By last year, the cloud-based platform, which helps IT teams run an organization’s technology infrastructure, had leaped to 40%. ServiceNow claims 42% of the 2,000 largest global companies among its customer base; better yet, it has a 97% retention rate. While this growth has come without much profit—think of it as an IT Amazon—sales have risen almost 700% over the past five years, and the company aims to hit $4 billion in revenue, a 130% jump from today’s mark, by 2020.
Company Information
Overall Score | 53 |
Sector | Technology |
Industry | Software |
CEO | John J. Donahoe II |
Website | www.servicenow.com |
Employees | 7,150 |
HQ Location | Santa Clara, Calif. |
Revenues ($M) (Past 12 Months) | $2,265 |
Profits ($M) (Past 12 Months) | $-114 |
Market Value as of Oct. 10, 2018 ($M) | $30,632 |