ServiceNow launched a new version of its Now Platform, code-named Paris, with editions for telecommunications and financial services as well as workflows for business continuity, hardware asset management and legal services delivery.
The company, which is gunning to be the "platform of platforms" to automate enterprise workflows, has seen strong growth due to digital transformation as well as management of COVID-19 back-to-work plans. Also: ServiceNow launches four-app suite to manage the move back to the office
"The 21st century enterprise is different. It has to be nimble, intelligent and drive employer and customer loyalty," said ServiceNow CEO Bill McDermott. "And it has to be self-funding with time to value in weeks to months."
McDermott's argument is that the COVID-19 pandemic has exposed weak links and silos in enterprise value chains. For instance, companies can't be agile when they have a bunch of systems that specialize in one task, say sales, HR or financial services. ServiceNow aims to be that bridge between enterprise platforms.
Ultimately, McDermott said that business processes will evolve to be autonomous. "Business processes tend to one thing well--HR, sales and finance--but when it came to be cross platform the story falls apart," said McDermott, who added that enterprises can have 100s of autonomous business processes.
The Paris release of the Now Platform includes six new products as well as a bevy of features such as workflow apps, customer loyalty workflows and IT and AI operations updates. Three of the new products fall under ServiceNow's plan to target specific industries.
New products include:
ServiceNow CTO David Wright said the Paris release is part of the plan to be a system of action. Even though ServiceNow is starting to touch more functions such as HR, customer service and sales as well as IT, the company is more of a workflow connector and layer above existing systems.
"We don't want to move into ERP and CRM. We do want to be the workflow platform across platforms," said Wright. He explained that ServiceNow's approach enables it to be a closed loop system in an industry like telecom because it can connect the dots between an outage, customer service and network performance.
"It's enterprise service management and how to link all parts of the enterprise together," said Wright.
Paris release feature additions include:
CJ Desai, chief product officer at ServiceNow, said the features and new products took anywhere from 9 to 12 months to go from concept to availability. "The platform is flexible when we want to create applications, but the question boils down to do we have clarity on requirements," said Desai. "For the banking and telco industry solutions we spent 12 months working with the largest telco and banking customers globally to deliver digital workflows out of the box. Once requirements are down, we can crank out fast."
Customers already live on the Paris release include Microsoft, Zoom, Adobe, Uber, Accenture and Deloitte to name a few. ServiceNow's David Wright on innovation, expansion, and AI
In addition, Now Platform Paris release also has a bevy of new integrations with the likes of Microsoft, Twilio and SailPoint. A few integrations include:
Also: Cisco, ServiceNow announce integration for workplace contact tracing