A Decade of Growth: ServiceNow vs. Teledyne Technologies

A Comparative Analysis of Revenue Trends

In the ever-evolving landscape of technology and innovation, ServiceNow, Inc. and Teledyne Technologies Incorporated have emerged as key players. Over the past decade, ServiceNow has demonstrated a remarkable growth trajectory, with its revenue surging from approximately $683 million in 2014 to an impressive $10.98 billion in 2024. This represents a staggering increase of over 1,500%, underscoring its rapid expansion and market penetration.

Conversely, Teledyne Technologies has shown steady growth, with its revenue increasing from around $2.39 billion in 2014 to $5.64 billion in 2023, marking a growth of over 130%. While Teledyne's growth is commendable, it is ServiceNow's exponential rise that captures the spotlight.

The data for 2024 is incomplete for Teledyne, highlighting the need for further analysis. This comparison offers valuable insights into the dynamic shifts within the tech industry.