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SANTA CLARA, Calif. - ServiceNow (NYSE: NYSE:NOW) has announced a new integration with Oracle (NYSE: ORCL), a prominent player in the software industry with annual revenue of $54.93 billion, aiming to enhance its Workflow Data Fabric with zero copy data sharing and bi-directional data exchange capabilities. According to InvestingPro data, Oracle maintains a substantial market capitalization of $454.28 billion, underlining its significance in the enterprise software market. This collaboration is set to connect Oracle’s data sources, including the Autonomous Database and Database 23ai, with the ServiceNow platform in real-time, facilitating intelligent decision-making and operational efficiency for enterprises.
The integration, expected to be available to select customers in the second half of 2025, will allow users to access and exchange data between Oracle’s databases and ServiceNow’s AI platform without the need to replicate or move the data, streamlining workflows and enabling quick, AI-powered actions. Oracle’s steady revenue growth of 6.4% over the last twelve months suggests strong market demand for its enterprise solutions.
According to Nirankush Panchbhai, senior vice president of Platform at ServiceNow, this partnership will amplify the capabilities of Workflow Data Fabric, allowing businesses to optimize workflows and elevate analytics across various data types, from transactional to spatial and graph data. George Lumpkin, vice president of Autonomous Database Product Management at Oracle, highlighted the integration’s ability to harness structured and unstructured data for advanced AI processes.
The integration is built on the existing Workflow Data Fabric, which was launched by ServiceNow last year to connect business and technology data across an organization, ensuring real-time, secure access to data from any source. This includes a governance layer with comprehensive rules and guardrails for data access and monitoring.
Oracle’s Autonomous Database is designed to support strong security measures, including automated threat detection and remediation, while reducing operational costs and risks associated with data theft or destruction. The partnership with ServiceNow is expected to benefit customers by providing more efficient operations and insightful analytics through the use of real-time data from Oracle sources.
The announcement is part of ServiceNow’s ongoing efforts to put AI to work for business transformation, connecting people, processes, data, and devices to enhance productivity and business outcomes. This news is based on a press release statement. While Oracle’s stock currently trades above its InvestingPro Fair Value, investors can access detailed valuation analysis and 12 additional ProTips through InvestingPro’s comprehensive research reports, available for over 1,400 US stocks including Oracle.
In other recent news, Oracle Corporation (NYSE:ORCL) has reported robust financial performance with a gross profit margin of 71.26% and annual revenue of $54.93 billion, marking a 6.4% year-over-year growth rate. The company’s recent partnership with SpaceX’s Starlink aims to enhance its Enterprise Communications Platform, providing global broadband connectivity to its customers. Meanwhile, Bernstein analysts have noted the potential benefits of the new DeepSeek AI models for Microsoft Corporation (NASDAQ:MSFT), suggesting that the technology could result in cost savings and increased adoption. On the other hand, Oracle’s recent surge in valuation attributed to the Stargate initiative was reversed, with the stock falling nearly 11% over the past week. Despite this, analysts maintain that the impact on Oracle’s recognized performance obligations will be minimal. Salesforce (NYSE:CRM) and ServiceNow have seen increased investor confidence due to their advanced AI offerings, despite a broader tech market downturn. Lastly, SoftBank (TYO:9984) Group is reportedly seeking funding assistance from Apollo Global Management (NYSE:APO) and Brookfield for the Stargate AI project, a massive initiative that has received commitments from tech giants like Oracle and Microsoft. These are the recent developments in these companies.
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