The leader of digital workflow management solutions

American Software Corporation Now serving [WKN: A1JX4P] Is one of the leading providers of workflow management solutions. The company provides technical management support to customers, such as IT service management for IT operations of large companies, including service desk functions for employees. The core business of ServiceNow revolves around the management of “incidents, problems and changes” IT operational events.

ServiceNow regards its services as software solutions based on the SaaS model (Software as a service) Has been distributed. Customers pay a monthly fee for each connected workstation. In return, their systems are always up-to-date; SaaS revenue sources are stable and easy to plan, which is why the SaaS model is so popular among companies and their shareholders.

But at the end of last year, people’s doubts about future growth prospects gradually spread, which is rarely a good combination with ambitious valuations…