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On Thu, 24 Oct, 8:14 AM UTC
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Google Cloud GM Becomes ServiceNow President As CEO Lauds Exec As 'Dream Innovator'
'With Amit [Zavery], we found the dream innovator to captivate the market with a compelling vision for ServiceNow as the AI platform for business transformation,' says ServiceNow CEO Bill McDermott about hiring its new president, chief product officer and chief operating officer. Google Cloud's former general manager of cloud operations and business platform, Amit Zavery, has left to join ServiceNow as its new president, CPO and COO to lead product and engineering. "I'm excited to bring my experiences to ServiceNow to help achieve the ambition of becoming the defining enterprise software company of the 21st century," said Zavery on LinkedIn today. As ServiceNow's new president, chief product officer and chief operating officer, Zavery is responsible for the Santa Clara, Calif.-based company's entire platform, products, engineering, cloud infrastructure, and user experience. He now also leads enterprise-wide operations. "The opportunity ahead is immense, especially with the rise of Generative AI. ServiceNow is at the forefront of this revolution, and I truly believe it can be the biggest difference maker in how people work in the future," said Zavery. "GenAI has the potential to fundamentally transform enterprise productivity and how people work, and I'm excited to help ServiceNow lead the way in driving this transformation." [Related: Google Cloud GM And Microsoft Critic Departs, Says 'Toughest Part' Is Leaving CEO Kurian] Zavery officially begins his new ServiceNow role on Monday, Oct. 28. ServiceNow CEO and chairman Bill McDermott said Zavery has an "extraordinary track record of innovation and commercial execution." "We wanted a visionary product and engineering leader with a proven history of building market defining products and scaling world class platforms," McDermott said in a statement. "With Amit, we found the dream innovator to captivate the market with a compelling vision for ServiceNow as the AI platform for business transformation. We could not be more excited to have Amit joining our leadership team." ServiceNow's former president and COO was Chirantan Desai, who officially departed ServiceNow in July. This month, Desai joined Cloudflare as the company's new president of product and engineering. Zavery gave praise to both Desai and ServiceNow's founder, Fred Luddy. "I'm also humbled to be stepping into big shoes, following in the footsteps of Fred Luddy, ServiceNow's legendary founder and first CPO, and my friend and ex-colleague Chirantan 'CJ' Desai, who most recently served as President, CPO and COO. Both Fred and CJ have left an extraordinary legacy, and I'm committed to honoring and building on their incredible work," Zavery said. Zavery was part of Google Cloud's leadership team since 2019, reporting directly to Google Cloud CEO Thomas Kurian. As Google Cloud's vice president and general manager and head of platform, Zavery was part of Google's leadership team that grew the company into the fourth largest enterprise software company in the world along with increasing annualized revenue from $7 billion to over $41 billion. He managed various teams and P&L areas around engineering, products, design, business planning, Google's commerce platform and commercialization, such as pricing and programs. Prior to Google, Zavery spent 24 years at Oracle, working alongside Kurian. He was executive vice president and corporate officer of product development for Oracle before leaving in 2019 for Google Cloud. "I can't wait to get started at ServiceNow on Monday and begin working with my new team, colleagues, customers, and partners on all their biggest challenges!" said Zavery.
[2]
ServiceNow Names Enterprise Software Industry Veteran Amit Zavery as President, CPO, and COO to Lead Product and Engineering By Investing.com
SANTA CLARA, Calif.--(BUSINESS WIRE)--ServiceNow (NYSE: NOW), the AI platform for business transformation, today announced that enterprise software industry veteran Amit Zavery will join the company as president, chief product officer (CPO), and chief operating officer (COO) to lead product and engineering, effective October 28, 2024. Zavery, a Google Cloud and Oracle executive, brings extensive experience in enterprise innovation, transformation, and scale. With more than three decades in enterprise technology, Zavery is a visionary leader who blends deep technical expertise with proven business acumen. He has extensive experience in platform development, enterprise applications, data management, middleware, security, and artificial intelligence (AI). Zavery's strong understanding of the enterprise market drives his customer-centric approach to engineering, ensuring solutions meet real-world business needs. He has played a pivotal role in the building and commercialization of enterprise-grade experiences, successfully scaling products and integrating AI across diverse business applications. Amit Zavery has an extraordinary track record of innovation and commercial execution, said Bill McDermott, chairman and chief executive officer of ServiceNow (NYSE:NOW). We wanted a visionary product and engineering leader with a proven history of building market defining products and scaling world class platforms. With Amit, we found the dream innovator to captivate the market with a compelling vision for ServiceNow as the AI platform for business transformation. We could not be more excited to have Amit joining our leadership team. I'm thrilled to be joining ServiceNow, a company with a strong culture of innovation, engineering excellence, and customer focus, said Zavery. I'm excited to build on the incredible legacy of ServiceNow's founder, Fred Luddy, building scalable, impactful solutions that address real-world challenges while continuing to push the boundaries of what's possible for our customers by integrating cutting-edge technologies like generative AI. In his role as president, CPO, and COO, Zavery's responsibilities include ServiceNow's platform, products, engineering, cloud infrastructure, and user experience. He also leads enterprise-wide operations to ensure business rigor"from innovation to execution. During nearly six years at Google Cloud, as VP/GM and head of platform, Zavery was part of the leadership team that grew the company into the fourth largest enterprise software company in the world along with increasing annualized revenue from $7B to over $41B while also helping to improve operating margin by more than 70 percentage points over the last four years. At Oracle where Zavery spent nearly 25 years, he started as a software engineer and eventually rose to executive vice president of product development. In this role, he led the cloud platform, middleware, security, analytics, and Java offerings, overseeing a team of 4,500 and generating more than $6B in annual revenue. About ServiceNow ServiceNow (NYSE: NOW) is putting AI to work for people. We move with the pace of innovation to help customers transform organizations across every industry while upholding a trustworthy, human centered approach to deploying our products and services at scale. Our AI platform for business transformation connects people, processes, data, and devices to increase productivity and maximize business outcomes. For more information, visit: www.servicenow.com.
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ServiceNow Names New President, Posts Steady Sales But No Bump From AI
ServiceNow, whose subscription software helps companies manage their computer hardware and software, on Wednesday reported solid revenue growth in the third quarter, but artificial intelligence features didn't seem to move the needle. It also appointed Google Cloud executive Amit Zavery as president and chief operating officer. Zavery spent two decades at Oracle before joining Google, where he
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ServiceNow, a leading AI platform for business transformation, has named Amit Zavery, a former Google Cloud and Oracle executive, as its new President, Chief Product Officer, and Chief Operating Officer. This strategic move aims to bolster ServiceNow's product development and AI integration efforts.
ServiceNow, the AI platform for business transformation, has announced a significant change in its executive leadership. Amit Zavery, a veteran in the enterprise software industry, will join the company as President, Chief Product Officer (CPO), and Chief Operating Officer (COO), effective October 28, 2024 12.
Amit Zavery brings over three decades of experience in enterprise technology to ServiceNow. His most recent role was at Google Cloud, where he served as Vice President and General Manager, heading the platform division. During his tenure, Zavery played a crucial role in Google Cloud's growth, helping to increase its annualized revenue from $7 billion to over $41 billion 12.
Prior to his time at Google, Zavery spent an impressive 24 years at Oracle, where he rose through the ranks to become Executive Vice President of Product Development. In this role, he oversaw cloud platform, middleware, security, analytics, and Java offerings, managing a team of 4,500 and generating more than $6 billion in annual revenue 2.
ServiceNow's decision to bring Zavery on board aligns with its ambition to become the defining enterprise software company of the 21st century. Bill McDermott, ServiceNow's CEO and Chairman, praised Zavery's "extraordinary track record of innovation and commercial execution" 1.
In his new position, Zavery will be responsible for:
Zavery's appointment comes at a crucial time for ServiceNow, as the company aims to leverage the potential of Generative AI. Zavery expressed his excitement about this opportunity, stating, "GenAI has the potential to fundamentally transform enterprise productivity and how people work, and I'm excited to help ServiceNow lead the way in driving this transformation" 1.
The appointment of Zavery is seen as a strategic move to enhance ServiceNow's position in the rapidly evolving AI-driven enterprise software market. His extensive experience in platform development, enterprise applications, and AI integration is expected to drive innovation and growth for the company 2.
While ServiceNow reported solid revenue growth in the third quarter, the impact of AI features on its performance remains to be seen 3. Zavery's expertise in AI and enterprise software is likely to play a crucial role in developing and implementing strategies to capitalize on the AI revolution in the enterprise sector.
As ServiceNow continues to evolve its offerings and integrate AI capabilities, the industry will be watching closely to see how Zavery's leadership influences the company's trajectory in the competitive enterprise software landscape.
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ServiceNow reports strong Q2 2024 results but faces leadership shake-up as COO CJ Desai abruptly leaves due to internal hiring policy violation. The company maintains positive outlook despite the unexpected executive departure.
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5 Sources
ServiceNow and Google Cloud announce a major expansion of their partnership, integrating AI-powered tools across enterprise technology stacks and making ServiceNow's platform available on Google Cloud Marketplace.
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ServiceNow's stock reaches a record high of $950.65, driven by strong Q3 results, AI-powered growth, and increased analyst optimism. The company's focus on AI integration and strategic partnerships positions it for continued success in the enterprise software market.
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ServiceNow introduces a suite of AI-powered features and agents in its latest Now Platform Xanadu release, aiming to revolutionize enterprise productivity and workflow automation across IT, customer service, and HR departments.
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ServiceNow's latest platform update, Yokohama, introduces pre-configured AI agents for various business functions, enhancing workflow automation and productivity across organizations.
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