ServiceNow raises annual subscription revenue forecast on robust demand

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:ServiceNow raised its full-year subscription revenue forecast on Wednesday as its enterprise customers adopt artificial intelligence-enabled cloud-based software.

ServiceNow's shares were up more than 7 per cent in extended trading and have gained 3.

It also said it will make a strategic investment in Prodapt, a provider of digital and network services for the telecom and technology industries.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Analysts Cent Revenue Software Billion Information Servicenow Company Chief Full-year Subscription

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 05:08:05 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 318 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21766422

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 47 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #27

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