Bill McDermott wants to turn ServiceNow into the ultimate AI platform for business

Bill McDermott wants to turn ServiceNow into the ultimate AI platform for business


Managing Asia’s Christine Tan caught up with ServiceNow’s Chairman and CEO, Bill McDermott in Singapore, where he shared about his partnership with Nvidia’s Jensen Huang and how he plans to turn ServiceNow into “the AI platform” for business.

Since joining ServiceNow in late 2019, Bill McDermott has been laser-focused on AI, driving his vision to position the company as the AI platform for business transformation.”

This isn’t just an attempt to capitalize on a trend; ServiceNow has been working towards this goal for some time.

“We were building large language models with Jensen Huang and Nvidia more than five years ago,” Bill McDermott told CNBC’s Christine Tan on the latest episode of Managing Asia.

With AI the topic du jour, there are a lot of businesses vying for attention in the space. However, McDermott believes ServiceNow is “not actually competing with them.”

“If you think about the marketplace today, it’s largely built on companies that are 50 plus years old. And those systems of record, they’re good. But they were built in silos: finance, HR, sales. We have a platform that pans and spans all of them, because we integrate with them,” he explained.

Watch more of McDermott’s interview with Managing Asia’s Christine Tan in the video above.



Source

Figma IPO could value design software maker at  billion
World

Figma IPO could value design software maker at $16 billion

Dylan Field, co-founder and CEO of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2024. David Paul Morris | Bloomberg | Getty Images Design software company Figma on Monday published an updated prospectus for its initial public offering. The company said […]

Read More
Microsoft hit with SharePoint attack — one version still vulnerable
World

Microsoft hit with SharePoint attack — one version still vulnerable

A Microsoft store in New York, US, on Friday, Oct. 25, 2024.  Jeenah Moon | Bloomberg | Getty Images Microsoft has warned of “active attacks” targeting its SharePoint collaboration software, with security researchers noting that organizations worldwide stand to be affected by the breach. The Cybersecurity and Infrastructure Security Agency said Sunday in a release […]

Read More
UK to create new water regulator in plan that gives hope for stricken Thames Water
World

UK to create new water regulator in plan that gives hope for stricken Thames Water

Britain said on Monday it would overhaul water regulation to better protect the environment, investors and consumers, after an official report recommended a new structure that could also ease up on pollution fines to prevent companies from collapsing. The privatised water industry in England and Wales has provoked public fury by releasing record levels of […]

Read More