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California-based ServiceNow, Inc. (NOW) provides end-to-end intelligent workflow automation platform solutions for digital businesses. Valued at a market cap of $208.3 billion, the company’s solutions address the needs of many departments within an enterprise, including IT, HR, facilities, field service, marketing, customer service, security, legal & finance.
Shares of this software company have significantly outperformed the broader market over the past 52 weeks. NOW has rallied 53.6% over this time frame, while the broader S&P 500 Index ($SPX) has increased 30.6%. Moreover, shares of NOW are up 42.3%, compared to SPX’s 23.6% gain on a YTD basis.