financetom
Business
financetom
/
Business
/
ServiceNow 'Well Positioned' to Be AI Agent of Agents, RBC Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ServiceNow 'Well Positioned' to Be AI Agent of Agents, RBC Says
May 30, 2025 8:36 AM

11:22 AM EDT, 05/30/2025 (MT Newswires) -- ServiceNow ( NOW ) is "well positioned" to become the artificial intelligence agent of agents, as its management has highlighted it is "uniquely positioned" to possess all three key requirements, AI, workflow, and data, to achieve the role, RBC said in a Thursday note.

"ServiceNow ( NOW ) has the east to west viability across systems with workflow and AI at its core," analysts led by Matthew Hedberg wrote.

The ServiceNow ( NOW ) management is also confident it has a "unique" single data model through its Workflow Data Fabric, and since there are "zero" copy connectors, the firm is able to see different varieties of both ServiceNow ( NOW ) and non-ServiceNow ( NOW ) metadata, according to the analysts.

The software firm is also increasing its focus on the CRM sector, which was supported by the takeover of Logic.ai, the RBC analysts said.

RBC maintained its outperform rating and $1,100 price target on the stock.

Price: 1011.10, Change: -4.13, Percent Change: -0.41

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved