ServiceNow (NYSE:NOW) primarily generates its revenue by selling comprehensive cloud-based workflow automation software that helps large enterprises globally streamline their internal information technology, human resources, and customer service operations. It entered a multi-year technology agreement with TeamViewer to integrate digital employee experience tools, and it reduced its global workforce by roughly 1,000 employees during a recent corporate restructuring effort. Workday (NASDAQ:WDAY) earns its revenue by providing cloud-hosted human capital management and financial software applications that empower large organizations to efficiently oversee their comprehensive employee life cycles and accounting workflows.
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