ServiceNow, Inc. vs International Business Machines Corporation: Examining Key Revenue Metrics

ServiceNow's rise vs. IBM's decline: A decade of tech evolution.

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In pursuit of knowledge

A Tale of Two Giants: ServiceNow vs. IBM

In the ever-evolving landscape of technology, ServiceNow, Inc. and International Business Machines Corporation (IBM) have carved distinct paths. Over the past decade, IBM's revenue has seen a decline of approximately 32%, from its peak in 2014 to 2024. In contrast, ServiceNow has experienced a meteoric rise, with its revenue growing by over 1,500% during the same period. This stark contrast highlights the shifting dynamics in the tech industry, where agile, cloud-based solutions are gaining ground over traditional IT services.

Key Insights

  • IBM: Despite a revenue dip, IBM remains a formidable player, adapting to new challenges.
  • ServiceNow: Its rapid growth underscores the increasing demand for cloud-based enterprise solutions.

As we look to the future, these trends suggest a continued transformation in how businesses leverage technology to drive innovation and efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025