Cost of Revenue: Key Insights for ServiceNow, Inc. and Wipro Limited

Cost of Revenue: A Comparative Analysis of ServiceNow, Inc. and Wipro Limited

In the ever-evolving landscape of technology services, understanding the cost of revenue is crucial for evaluating a company's financial health. This analysis delves into the cost of revenue trends for ServiceNow, Inc. and Wipro Limited from 2014 to 2024. Over this decade, ServiceNow, Inc. has seen a staggering increase of over 800% in its cost of revenue, reflecting its rapid expansion and scaling efforts. In contrast, Wipro Limited, a stalwart in the industry, has experienced a more modest growth of approximately 96% in the same period.

Key Insights

• ServiceNow, Inc.: Starting at 248 million in 2014, the cost of revenue surged to 2.287 billion by 2024, highlighting its aggressive growth strategy.
• Wipro Limited: Despite a more stable trajectory, Wipro's cost of revenue rose from 321 billion to 631 billion, indicating steady market presence.

These insights provide a window into the strategic priorities of these tech giants, with ServiceNow focusing on rapid expansion and Wipro maintaining a steady course.