Service-now.com Ranks 69 on 2010 Inc. 500 With Three-Year Sales Growth of More Than 3000 Percent

SAN DIEGO, Sept. 1 /PRNewswire/ -- Service-now.com, the creator of modern software-as-a-service (SaaS) for IT service management, today announced it is ranked 69 on the 2010 Inc. 500, a list of the fastest-growing private companies in the U.S. Service-now.com jumped onto the list for the first time by posting three-year sales growth of 3441 percent.

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Dramatic Service-now.com revenue growth is driven by demand from enterprise IT organizations for powerfully simple IT service management software. Service-now.com is the creator of SaaS for IT which is now used by hundreds of large organizations and tens of thousands of IT professionals to help provide better service to millions of end users.

The 2010 Inc. 500 is ranked according to percentage revenue growth when comparing 2006 to 2009. Service-now.com recently closed its FY 2010 with another year of significant revenue and customer growth. Service-now.com recurring revenue increased more than 100 percent from June 30, 2009 to June 30, 2010, marking the fifth consecutive year Service-now.com recurring revenue has at least doubled year over year.

"Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous," said Inc. editor Jane Berentson. "The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times."

The 2010 Inc. 500 list ranks Service-now.com as:

• The fastest growing software company with revenues greater than $25 million;
• The sixth-fastest growing software company; and
• The fourth-fastest growing company in the greater San Diego area.

Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/500.  

To learn more about Service-now.com, register now for Knowledge10 EMEA at http://info.service-now.com/content/EMEA_Knowledge10-Register. The inaugural Knowledge10 EMEA conference will be held at Riverbank Park Plaza Hotel in London from Sept. 13 - 15. Service-now.com Knowledge user conferences are a must-attend event for professionals dedicated to solving the challenges of IT service using modern technology and real-world IT process.

About Service-now.com

The Service-now.com enterprise IT service management platform combines ITIL v3 process support and SaaS delivery to provide flexible, intuitive and self-managing applications. Founded in 2004, Service-now.com uses a new business model and modern technologies to disrupt the status quo. According to the 2010 Inc. 500 list, Service-now.com is the fastest-growing IT management software company. For more information, please visit http://www.service-now.com/ or http://blog.service-now.com.

SOURCE Service-now.com