ServiceNow Expands AI Partnership With Tech Mahindra, Lifting Shares 2%
Updated
Updated · Yahoo Finance · Aug 21
ServiceNow Expands AI Partnership With Tech Mahindra, Lifting Shares 2%
3 articles · Updated · Yahoo Finance · Aug 21
Summary
ServiceNow shares rose 2% Thursday after the company said it had widened its AI collaboration with India’s Tech Mahindra.
The expanded partnership will help clients move from AI pilot projects to full-scale deployments, with the two companies offering support across the rollout process.
ServiceNow said Tech Mahindra is already using its AI platform to deliver cost benefits, support 150,000 employees and improve first-level IT support efficiency by about 25%.
The company disclosed no financial terms, but the deeper tie-up strengthens ServiceNow’s reach through a major systems integrator in India’s large technology market.