ServiceNow valuation dips after subs forecast cut

ServiceNow has cut its sales outlook for the year after seeing an increase in economic uncertainty as well as unfavourable currency exchange rates. Financial analysts were not impressed, and the share price fell. The workflow and helpdesk software specialist said annual subscription revenues – the bulk of sales – are now …

[Pascal Monett]

"helping them embark on the onerous mission to get off intransigent enterprise applications"

You mean drop the stuff that works and throw your data and the survival of your company into the hands of someone else's server.

I don't think so.