SAN DIEGO ‑ March 21, 2011 ‑ ServiceNow, the creator of cloud
services for enterprise IT management, today announced
it has once again been named to the Wall Street Journal "Next Big Thing" list. The Wall Street
Journal analyzed 5,743 organizations in order to identify the top 50
privately held, venture‑backed companies. The publication ranked these
organizations according to both financial and qualitative components
and also identified intangibles as key factors in its decision.
ServiceNow was one of only 14 companies on the 2011 list to also be
included in 2010.
ServiceNow is recognized for being first to deliver SaaS for
enterprise IT. Customer success has helped the company become one of
the fastest‑growing in the world. Service‑now.com continues its
explosive ascendancy in the enterprise IT management market as more
new customers select the cloud service over any other ITSM offering.
Now hundreds of enterprise organizations use ServiceNow to help
provide better IT
service for approximately six million end users around the world.
In an article accompanying the list, the Wall Street
Journal suggested a common factor to selected companies is the
incorporation of social‑networking capabilities into their offerings.
In February, ServiceNow announced availability of its Winter 2011 release which included the
first‑ever social network built for enterprise IT. ServiceNow social
IT includes the functionality of social media and the community of
social networking for the purpose of improving IT support and boosting productivity.
ServiceNow Winter 2011 release coincided with the introduction of IT
3.0, a natural evolution of IT built on the essentials of people,
process and technology. IT 3.0 represents a people‑centric view of IT
service by using recent advances in technology and a more‑practical
approach to process, helping the business through familiar usability,
services and social IT.
The rankings for the 2011 Next Big Thing list were calculated based
on how each company scored in the following five components:
- The track record of success for the venture‑capital investors
who sit on the company's board;
- The amount of capital
raised by the company over past three years;
- An editorial
- The track record of success for the entrepreneurial
CEO and founders, and
- The recent growth in value of the
A detailed methodology can be found here: http://online.wsj.com/article/SB10001424052748704132204576190431107966392.html#articleTabs%3Darticle
The ServiceNow modern approach to ITSM
is drastically different from legacy alternatives. To learn more, join
ServiceNow customers, employees and partners in San Diego this May at
the ServiceNow user conference, Knowledge11. Alternatively, a live,
no‑registration‑required instance of ServiceNow is always available at
Pervasive and familiar technology, evolved processes, cloud
services and social IT are combining to help IT focus on the
business and its people. ServiceNow is built to help customers
transform IT and realize the benefits of IT 3.0. ServiceNow SaaS for
management is best known for being software that just works.
Founded in 2004, ServiceNow is using a new business model and modern
technology to become the largest and fastest‑growing IT management
software company on the 2010 Inc. 500 list. For more information,
please visit http://www.service‑now.com/ or http://blog.service‑now.com.