“For digital companies, we are like Netflix”

For digital companies, we are like Netflix

Is it really difficult to change from a company like SAP with a recent turnover of approximately $30 billion to a ServiceNow company with $3.5 billion?
That’s easy. When I started using SAP 17 years ago, the company was much smaller. Strictly speaking, when I joined SAP in 2002, the gap between ServiceNow and SAP was not big. This is exactly what suits me: I am a growing person. By the way: We are already the fastest growing cloud provider in the world.

Didn’t you tell yourself?
No, because you must also keep the following points in mind: If the turnover of a cloud company like ServiceNow reaches $10 billion-and we are already committed to achieving this goal-then the actual turnover will be more than twice the original: the customer has A backlog of promised but not yet officially scheduled monthly rents. ServiceNow’s order reserve has reached about 7 billion US dollars. This is the magic of the cloud business model that many people don’t realize.

#digital #companies #Netflix

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