Company profile: ServiceNow
1.1 - Company Overview
Company description
- Provider of a cloud-based AI and machine learning platform and solutions to define, structure, manage, and automate enterprise services and business processes, including the Now Platform, IT Service Management, Customer Service Management, IT Operations Management, App Engine for low-code application development, Security Operations, and field service management.
Products and services
- IT Operations Management: Delivers an industrial-grade unified platform for managing IT operations, enabling delivery of digital services and improving productivity across the organization
- IT Service Management: Engineers an enterprise-grade system that orchestrates incident, problem, change, request, and cost management to ensure efficient IT service delivery and responsive support across operations
- Now Platform: Constructs a cloud-native platform integrating AI and machine learning to automate and optimize business processes, defining, structuring, managing, and automating services across departments for enterprise operations
Key contacts
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Financial details
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1.2 - Competitors and similar companies to ServiceNow
Asempra
HQ: United States
Website
- Description: Provider of recovery management solutions for Windows applications and data, offering data protection with data integrity and instant data recovery. Services include disaster recovery, data deduplication, data replication, data protection, and recovery services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Virtyx
HQ: United States
Website
- Description: Provider of end-to-end AI-powered automatic monitoring and analytics for data transformation, using cloud-native technology to advance real-time movement, management, and workflow of data and metadata, and delivering AI-driven predictive guidance by analyzing historical data incidents via dashboards.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Numerify
HQ: United States
Website
- Description: Provider of AI-powered IT business analytics and a System of Intelligence that helps IT organizations plan, build, and run enterprise systems, reduce risk and disruptions, and achieve measurable ROI. Trusted by leading brands, including 12 Fortune 500 enterprises. Offerings include Change Risk Prediction to forecast potential change failures, prevent downtime, and improve user experience.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Perspica
HQ: United States
Website
- Description: Provider of AI-powered analytics and observability for production operations, helping companies maintain desired service levels for critical applications and infrastructure. Offers heuristic anomaly detection, automated troubleshooting, and actionable recommendations through deep learning and advanced analytics, preempting incidents with predictive analytics and Incident Replay™.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Devo
HQ: United States
Website
- Description: Provider of cloud-native logging and security analytics for organizations, delivering scale to collect all data, speed for immediate access and answers, and clarity to focus on the signals that matter most.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for ServiceNow
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to ServiceNow
2.2 - Growth funds investing in similar companies to ServiceNow
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4 - Top valuation comps for ServiceNow
4.2 - Public trading comparable groups for ServiceNow
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