ServiceNow CEO Bill McDermott gets closer to IBM

Market-Cap Madness: ServiceNow Jumps to $100 Billion, IBM Slumps to $104 Billion

October 21, 2020
Just when you started to think 2020 couldn’t get any more bizarre, try this on for size: as of this morning, ServiceNow's market cap had jumped to $100 billion while that of its new AI partner IBM had slumped to $104 billion. The power of positioning Yes, in today’s wacky world, investors have determined that
Bill McDermott and ServiceNow making big market cap moves

Market-Cap Madness: ServiceNow at $90 Billion Halfway to Oracle and SAP at $180 Billion

September 28, 2020
While Oracle’s revenue is about 10 times larger than ServiceNow’s and SAP’s is about 8 times larger, ServiceNow’s $90-billion market cap is now about exactly half of that of those two world-class enterprise-software companies. Market capitalizations are those big numbers that not only show us where a company is today but also indicate where some

What Does Larry Ellison Know that Salesforce, ServiceNow & IBM Don’t?

August 10, 2020
As Salesforce, ServiceNow and IBM have all recently fervently embraced the red-hot “platform company” position in the cloud market, Larry Ellison and Oracle have all but banished “platform” from their public presentations. So what the heck is going on here? My overriding reaction is that it’s great to see the industry moving beyond the early-days
Bill McDermott is bringing change to ServiceNow

How Bill McDermott & ServiceNow Are Supercharging the Pace of Change

August 6, 2020
In this time of rampant disruption, upheaval, and digital-everything, Bill McDermott and ServiceNow are promising to give businesses the gift of speed. “This is the power of the Now Platform: the ability to move fast, be agile, solve problems quickly with low-code, no-code app development, create new workflows that deliver great experiences,” McDermott said on
Bill McDermott talks to CNBC about ServiceNow and plans to triple its workforce

ServiceNow Will Triple Workforce in 5 Years, Says CEO Bill McDermott

July 15, 2020
Having driven ServiceNow to its first billion-dollar quarter and a $77-billion market cap, CEO Bill McDermott has said the digital-workflow high-flyer will need to triple its employee base by 2025 to keep up with its torrid growth. In a recent interview about the future of work, CNBC’s Jon Fortt asked McDermott to describe a couple
ServiceNow CEO Bill McDermott spoke to investors about competition, referencing the Grateful Dead

Bill McDermott Unplugged: ServiceNow CEO Riffs on Oracle & SAP, Culture, Grateful Dead

May 19, 2020
Explaining why he feels ServiceNow is in “one of the really gigantic market opportunities of our time,” CEO Bill McDermott regaled an investors conference last week with his thoughts on that growth rocket, competitive dynamics, the power of culture and even a tie-in with the Grateful Dead. While McDermott’s decade as CEO of SAP was
Bill McDermott, CEO of cloud vendor ServiceNow

How Bill McDermott’s Magic Touch Has Made ServiceNow a Cloud Superstar

May 4, 2020
In his inimitably upbeat fashion, ServiceNow CEO Bill McDermott has in just four months immersed himself in the wonky worlds of ITOM, CSM and SAM and turned those into top-priority strategic themes that CEOs are finding simply irresistible. ServiceNow, which late last year lured McDermott away from SAP, is certainly no stranger to steep growth
Cloud Wars logo, showcasing analysis of COVID-19 impact on cloud growth

Will COVID-19 Tank Cloud Revenue for Microsoft, Amazon, Google, IBM?

April 17, 2020
How hard will the COVID-19 crisis hit the cloud growth rates of six Cloud Wars Top 10 vendors with Q1 earnings coming out soon: #1 Microsoft, #2 Amazon, #4 Google, #5 SAP, #7 IBM, and #9 ServiceNow? Cloud Wars Top 10 Rankings — Apr. 13, 2020 1. Microsoft — Bogus “775% surge” went from fake news
ServiceNow CEO Bill McDermott announces that the company is hiring more than 1,000 people

Transcending ‘No Layoffs’ Amid COVID-19, ServiceNow Hiring 1,000+

April 16, 2020
Saying ServiceNow is “grateful to be in this position,” CEO Bill McDermott not only joined the growing number of companies pledging no COVID-19-triggered layoffs for 2020 but promised to hire well over 1,000 people worldwide. “We want our employees focused on supporting our customers, not worried about their own jobs,” Bill McDermott said yesterday in
Cloud Wars logo with text: Coronavirus Response: What Salesforce, ServiceNow and Workday Are Doing

Tech’s Coronavirus Response: What Salesforce, ServiceNow and Workday Are Doing

March 18, 2020
As the global disruption of COVID-19 (or coronavirus) intensifies, major tech vendors are reaching out in a variety of ways to support and engage with employees, contractors and other stakeholders. This is the first in an ongoing series exploring those responses. While no doubt all of the superb companies in the Cloud Wars Top 10