Alphabet Inc.’s Google has secured a roughly $1.2 billion, five-year contract to supply cloud-computing services to enterprise software provider ServiceNow Inc., Bloomberg reported. The agreement expands Google Cloud’s presence in the corporate market, where it competes with Amazon Web Services and Microsoft Azure. ServiceNow’s committed spending underscores growing demand for cloud infrastructure that supports digital workflow and generative-AI applications.
$GOOGL Wins $1.2 Billion Multiyear Cloud Deal From Servicenow $NOW - Bloomberg
Google $GOOGL signed a deal worth more than $1 billion to provide cloud-computing services to software firm ServiceNow $NOW - Bloomberg
Just in: $GOOG $GOOGL secures a $1B deal to provide cloud services to $NOW, as reported by Bloomberg. ServiceNow commits to spending $1.2B over five years, marking a significant win for Google Cloud's enterprise expansion.