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Technology Stocks : ServiceNow, Inc.
NOW 293.81+1.4%Jul 22 4:02 PM EDT

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From: JakeStraw1/18/2017 8:28:16 AM
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ServiceNow Acquires DxContinuum
finance.yahoo.com

ServiceNow is acquiring DxContinuum, a Silicon Valley-based, machine-learning company, to embed its technology in the ServiceNow® platform and across its products. DxContinuum’s predictive models will add greater efficiency in categorizing incoming requests from people and machines automatically.

By applying DxContinuum’s machine-learning algorithms to each customer’s unique data set, ServiceNow can train machines on how to route IT, HR, customer service or other requests with a high level of accuracy. For example, the models could set the category of the inquiry and assign the ticket to the right team, as well as calculate associated risks. When enterprises better predict outcomes and automate actions, they can reduce costs dramatically and speed time-to-resolution.

“ServiceNow is at the forefront of intelligent automation,” said Dave Wright, chief strategy officer, ServiceNow. “Adding DxContinuum to the ServiceNow platform will move much more of the heavy lifting of work processes to machines, freeing people to focus on the highest value work.”
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