ServiceNow: Four applications to fight Covid-19!

ServiceNow:

ServiceNow, a California cloud provider, wants to support the government and companies to maintain their work processes, despite the widespread spread of the lung disease Covid-19. To this end, the company released four new applications designed to simplify complex emergency work processes.

In addition to emergency applications for authorities, rescuers and health service organizations can use these applications to bundle their combat capabilities to fight the virus, the team also released the following three other community applications for the company:

• Emergency Outreach: This application uses the ServiceNow platform to maintain communication with employees in the company in the event of a crisis. Employers can send information and safety regulations via email or send notifications to employees’ smartphones and request responses.

• Emergency self-report: Using this community app, employees can tell their employers the time and period of isolation at home.

• Emergency exposure management: After the company learns the employee’s condition, it can use the application to determine the location of the relevant personnel and possible contacts, and take further preventive measures on this basis.

As ServiceNow announced, the new application is free for all the company’s customers worldwide.

ServiceNow stocks reacted positively to this news and can continue to recoil on Tuesday. Overall, the strong selling of the past few days seems to have been exaggerated. If the stock price can break through the 200 antenna of 253.66 euros, it will be another buy signal. Therefore, investors can use ServiceNow’s current favorable valuation to establish their first place. In order to hedge against this, a stop loss should be placed at 225 euros. You can read the latest assessment of the further development of the promising future market of cloud in AKTIONÄR issue 12/2020.

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