ServiceNow CEO denies AI companies are threatening enterprise software: 'They don't do what we do'

1. CEO Bill McDermott dismissed AI redundancy concerns for enterprise software. 2. ServiceNow integrates with major hyperscalers, emphasizing collaboration in AI. 3. The company reported strong earnings, shares rose over 4% post-announcement. 4. McDermott highlighted the need for complex operational software in legacy environments. 5. A five-for-one stock split aims to attract retail investors.