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ServiceNow plans to invest $1.5bn in UK business over five years

Arshi Khan by Arshi Khan
October 15, 2024
ServiceNow UK invesment

ServiceNow, plans to invest $1.5bn (£1.15bn) into its UK business over the next five years, expanding with new office space and growing its employee headcount.

In addition, ServiceNow will invest in the future of AI in the UK by expanding its London and Newport data centers with Nvidia GPUs for local processing of LLM data and offering new skills programs to reach 240,000 UK learners.

The announcement was made as part of today’s International Investment Summit, as Prime Minister Keir Starmer brings together 300 industry leaders to catalyze investment in the UK.

Damian Stirrett, Group Vice President and General Manager, UK and Ireland of ServiceNow, said: “The extent of ServiceNow’s growth in the UK speaks to the demand for solutions that can simplify the world of work for any employee, in any role, in any industry. The speed of change and innovation is continuing to accelerate. For British businesses, we need to leverage the opportunity of AI to keep pace and close the productivity gap. With this investment to grow our team, our offices, and our ecosystem, we are excited to play an active role in the country’s path to prosperity.” 

ServiceNow’s AI platform connects people, processes, data, and devices to increase productivity and maximize business outcomes. In the UK, ServiceNow works with leading organizations, including BT Group, Aston Martin Aramco Formula One(R) Team, and hundreds of public sector bodies, including NHS and the Department for Work and Pensions.

Also Read: Infosys and ServiceNow Expand AI Collaboration to Enhance Service Delivery

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Arshi Khan

Arshi Khan

Arshi Khan is an editor at CXOVoice.com and has over three years of experience in tech business writing. In her role, Arshi covers significant developments in the tech industry. She has contributed numerous articles covering key IT, technology, banking, finance, and cybersecurity sectors. She provides valuable insights into the latest industry trends and developments, establishing herself as a knowledgeable and dedicated editor in the field. She can be reached at [email protected]

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