The Future 50

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3
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ServiceNow

    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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    Company Information

    Overall Score4
    SectorInformation Technology
    IndustrySoftware
    CEOWilliam R. McDermott
    Websitewww.servicenow.com
    HQ LocationSanta Clara, Calif.
    CountryU.S.
    Revenues ($M) (Past 12 Months)$3,011
    Profits ($M) (Past 12 Months)$3
    Market Value as of Oct. 9, 2019 ($M)$49,129
    Employees9,382