ServiceNow accelerates business expansion in South Korea, one of the fastest-growing markets in the Asia-Pacific region

ServiceNow

Santa Clara, California–(News Line) June 17, 2021–ServiceNow is a leader in the field of digital workflow that provides a better working environment. It is one of the fastest-growing markets in South Korea among the Asia-Pacific countries. Innovation will further promote the digital transformation of domestic enterprises.

To celebrate Kim Kyu-ha’s one-year inauguration as a Korean representative, ServiceNow shared the current status of Korean companies and introduced the main announcements made at ServiceNow’s global annual conference K21 (Knowledge 21).

After officially entering South Korea in November 2019, ServiceNow is rapidly expanding its business in South Korea. The Korean market is currently growing into one of the countries with the highest growth rate in the Asia-Pacific region, centered on IT Service Management (ITSM) based on the Now Platform. We support the workflow innovation of corporate customers in various industries in Korea, and strive to provide better services to Korean corporate customers by increasing the ecosystem of domestic partners such as IBM, Megazone, and LG CNS to double digits. The number of employees in South Korea has also doubled from the previous year.

At the recent annual digital conference K21 held for the global customer, partner, and developer community, ServiceNow announced its blueprint for positioning itself as the leader in enterprise software definition in the 21st century. ServiceNow Chairman and CEO Bill McDermott (Bill McDermott) said that ServiceNow plans to become a US$10 billion organic growth company by 2024, with revenues of more than US$15 billion by 2026.

To this end, ServiceNow announced a manufacturing-specific solution that can improve the experience and results of the entire manufacturing value chain in accordance with the new manufacturing era (including smart factories and digital working environments). The solution is equipped with operation technology management products that connect people, processes, knowledge, and technology on the Now platform to improve the employee environment while operating more efficiently and safely.

At K21, ServiceNow also announced the acquisition of Lightstep, a pioneer in the next generation of application monitoring and observability. Recently, ServiceNow acquired Element AI, a leading artificial intelligence company, a leading artificial intelligence company with world-class AI-related talents and deep learning capabilities, and Intellibot, an RPA company that helps automate corporate workflows.

Kim Gyu-ha, CEO of ServiceNow Korea said: “Last year, many domestic companies recognized the importance of improving productivity and ensuring business continuity by improving employee and customer experience. We look forward to helping you travel as your strategic partner for digital transformation. .”

ServiceNow is a leading IT services company with more than 6,900 corporate customers worldwide, including 80% of Fortune 500 companies. Through the representative cloud-based platform and solution Now Platform, as a platform for multiple platforms in the enterprise, it integrates the legacy systems scattered throughout the organization, and digitizes complex workflows and processes by eliminating islands to improve work Efficiency and productivity.

Website: http://www.servicenow.com

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