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ServiceNow brings workflow automation to manufacturing and healthcare
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Cloud automation company ServiceNow Inc. is going after more industries as it tries to find new avenues to grow its revenue streams.
The company announced today at its Knowledge 2021 event that it’s expanding into the manufacturing and the healthcare and life sciences markets with new products and tools that it says will support companies’ digital transformation efforts.
In manufacturing, ServiceNow announced a new Operational Technology Management platform that integrates with outside tools such as Siemens AG’s Managed Detection and Response product to help ensure the availability of customers’ most critical technology systems.
ServiceNow pursues verticalization strategy as it targets $15 billion revenue
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Summary:
CEO Bill McDermott told investors that he wants to double ServiceNow’s revenue by 2024 and triple it in 5 years. Key to this is going to be a fresh verticalization strategy.
(Image by Emir Krasnić from Pixabay )
Digital workflow vendor ServiceNow has announced a fresh commitment to pursue a verticalization strategy, announcing a number of solutions and products for industries that include manufacturing and healthcare. Senior executives at ServiceNow have this week shared details with diginomica about the thinking behind the industries-led approach, stating that it is being driven by - and is being designed in collaboration with - the company s customers.