AI CapabilitiesThe acquisition of Moveworks is expected to enhance ServiceNow's AI capabilities, providing more perceptive, AI-driven enterprise search capabilities and front-end AI assistants for self-service automation.
Market Reach ExpansionMoveworks achieving FedRAMP Ready status should help NOW build upon public sector success, expanding its market reach.
Revenue GrowthThe significant opportunity to cross-sell Moveworks' offering into NOW's ~8,400 customers, given the low ~3% overlap, suggests potential for revenue growth.