A decade ago, enterprises expected ServiceNow to help them manage digital workflows such as IT service management and IT operations management. Over time, enterprise expectations have evolved, and enterprises are now looking for automation-focused data / outcome-driven integrated solutions, with emphasis on stakeholder experience. To address client expectations, ServiceNow’s portfolio has expanded to deliver enterprise solutions including IT, employee, and customer workflows, to drive business growth, increase resilience, and enhance employee productivity.
In this research, we provide an overview of the ServiceNow services market, typical deal characteristics, enterprise challenges and best practices, and implications for service providers. The assessment is based on Everest Group’s annual RFI process, interactions with leading enterprises and ServiceNow service providers, and ongoing coverage of the ServiceNow services market.
Scope
Market: ServiceNow
Geographic scope: global
Contents
This report provides an overview of the ServiceNow services market and studies:
Enterprise expectations from ServiceNow
Challenges with ServiceNow adoption
Best practices for enterprises and implications for service providers
ServiceNow services market overview and deal characteristics, including market size and growth, adoption trends by geography and industry, ACV/TCV trends, typical spend across the value chain, and pricing models for a typical ServiceNow engagement
ServiceNow is growing at an exponential pace, experiencing adoption by enterprises of all sizes across industries, to reach its US$10 billion revenue target by 2024-25. It is seen as a platform of platforms or a system of engagement across major stak…
