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ServiceNow Commits $110 Million to Power AI Transformation in Canada's Public Sector

MarketDash Editorial Team
7 hours ago
ServiceNow is investing 110 million Canadian dollars to help government agencies across Canada adopt AI faster, complete with local data infrastructure and about 100 new jobs.

ServiceNow Inc. (NOW) is making a substantial bet on Canada's digital future, announcing Monday a multi-year commitment worth 110 million Canadian dollars aimed at helping government agencies embrace artificial intelligence.

Here's what that investment actually looks like: ServiceNow plans to build Canada-hosted infrastructure specifically designed for public-sector needs, hire approximately 100 workers locally, and establish a Canada Centre of Excellence. The focus spans federal departments, provincial governments, Crown corporations, and major cities looking to modernize their operations.

Why does hosting matter? For government agencies, where data lives isn't just a technical detail. Running operations in-country means tighter control over data residency, privacy protections, and security frameworks that align with Canadian regulatory requirements. ServiceNow says this local setup will help public agencies automate routine tasks, improve service delivery, and boost efficiency without sacrificing control over sensitive information.

"This is a major investment in Canada's digital future," said Chris Ellison, group vice president and general manager at ServiceNow Canada. Canada's Minister of AI and Digital Innovation, Evan Solomon, echoed that sentiment: "Advancing secure AI adoption and digital sovereignty is essential to building a resilient Canadian economy."

In separate company news, ServiceNow shareholders recently approved a 5-for-1 stock split. That means investors will receive four additional shares for each share they currently own, making individual shares more accessible without changing the underlying value.

NOW Price Action: ServiceNow shares traded up 0.19% at $856.01 during premarket activity on Monday, according to market data.

ServiceNow Commits $110 Million to Power AI Transformation in Canada's Public Sector

MarketDash Editorial Team
7 hours ago
ServiceNow is investing 110 million Canadian dollars to help government agencies across Canada adopt AI faster, complete with local data infrastructure and about 100 new jobs.

ServiceNow Inc. (NOW) is making a substantial bet on Canada's digital future, announcing Monday a multi-year commitment worth 110 million Canadian dollars aimed at helping government agencies embrace artificial intelligence.

Here's what that investment actually looks like: ServiceNow plans to build Canada-hosted infrastructure specifically designed for public-sector needs, hire approximately 100 workers locally, and establish a Canada Centre of Excellence. The focus spans federal departments, provincial governments, Crown corporations, and major cities looking to modernize their operations.

Why does hosting matter? For government agencies, where data lives isn't just a technical detail. Running operations in-country means tighter control over data residency, privacy protections, and security frameworks that align with Canadian regulatory requirements. ServiceNow says this local setup will help public agencies automate routine tasks, improve service delivery, and boost efficiency without sacrificing control over sensitive information.

"This is a major investment in Canada's digital future," said Chris Ellison, group vice president and general manager at ServiceNow Canada. Canada's Minister of AI and Digital Innovation, Evan Solomon, echoed that sentiment: "Advancing secure AI adoption and digital sovereignty is essential to building a resilient Canadian economy."

In separate company news, ServiceNow shareholders recently approved a 5-for-1 stock split. That means investors will receive four additional shares for each share they currently own, making individual shares more accessible without changing the underlying value.

NOW Price Action: ServiceNow shares traded up 0.19% at $856.01 during premarket activity on Monday, according to market data.