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ServiceNow, Inc. is an American software company based in Santa Clara, California, that develops a cloud computing platform to help companies manage digital workflows for enterprise operations. Founded in 2003 by Fred Luddy , ServiceNow is listed on the New York Stock Exchange and is a constituent of the Russell 1000 Index and S&P 500 Index . [ 2 ]
He cited "the company’s strength in cloud computing and enterprise software, and the challenge of building an already vibrant company further" as reasons for him to join ServiceNow as CEO. [ 20 ] In 2021, McDermott was the 3rd highest paid CEO of all S&P 500 CEOs, receiving over $162 million in equity and $3.5 million in cash and other forms ...
In 2004, his then net worth of $35 million was lost due to an accounting fraud at his previous company, Peregrine Systems, of which he was the CTO. [2]Luddy founded ServiceNow two weeks before his 50th birthday, "I couldn't wait, because there was something psychologically that said I couldn't start a company at 50."
2. ServiceNow. ServiceNow (NYSE: NOW) operates a platform that sits atop organizations' existing data and systems to help automate tasks and processes across the business. Its Now platform makes ...
Subsequently, Broadcom management now expects a serviceable addressable market for its XPUs and networking components to be between $60 billion and $90 billion by 2027, just from three hyperscaler ...
Scale AI has landed $1 billion in new funding that values the buzzy six-year-old startup at $14 billion, placing it in an exclusive club of companies that have been able to surf the generative AI ...
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