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ServiceNow Reports Financial Results for Fourth Quarter and Fiscal Year 2017 finance.yahoo.com “We finished 2017 with our best quarter ever, closing a record 41 deals greater than $1 million, and giving us strong global momentum,” said John Donahoe, ServiceNow president and chief executive officer. “ServiceNow is becoming a clear strategic partner of choice for CIOs and other leaders digitally transforming their companies with simpler, easier, better ways to get work done and creating great experiences for their customers and employees.”
“Combined backlog and deferred revenue at the end of 2017 was $3.9 billion, a 39% annual increase,” said Michael Scarpelli, ServiceNow chief financial officer. “Strength in 2017 was driven by more than 100 new Global 2000 customers, and increasing our customers with greater than $1 million in annual contract value by 43% year over year.”
ServiceNow Acquires VendorHawk, a SaaS Management Leader servicenow.com VendorHawk cloud solution helps customers discover, rationalize and optimize SaaS subscriptions across their organization. VendorHawk has broad support for over 36,000 SaaS applications to discover spend and map redundant applications. VendorHawk also analyzes utilization and optimizes SaaS subscriptions for top applications such as Salesforce, Box and Google G-Suite.
Parlo’s natural language understanding engine enhances ServiceNow’s native AI capabilities across its Now Platform and products, making getting work done as easy as having a conversation businesswire.com