Revenue Trends: ServiceNow, Inc. vs Analog Devices, Inc.

In the dynamic world of technology, understanding revenue trends is crucial for investors and analysts alike. Over the past decade, ServiceNow, Inc. and Analog Devices, Inc. have showcased intriguing growth patterns. From 2014 to 2024, ServiceNow's revenue surged by approximately 1,500%, reflecting its robust expansion in the cloud computing sector. In contrast, Analog Devices experienced a steady growth of around 230%, driven by its stronghold in the semiconductor industry.

Key Insights

• ServiceNow's Meteoric Rise: Starting with a modest revenue in 2014, ServiceNow's growth trajectory has been remarkable, reaching over $10 billion by 2024.
• Analog Devices' Consistent Growth: Despite a more conservative growth rate, Analog Devices maintained a strong revenue stream, peaking at $12.3 billion in 2023.

These trends highlight the contrasting yet successful strategies of two tech giants in their respective domains.