November 29, 2013 – UXC Limited today announced the acquisition of Keystone Management Solutions (Keystone), Australasia’s largest reseller and services provider for ServiceNow.
ServiceNow is the leading global provider of cloud-based solutions that automate enterprise IT operations. The innovation that comes from the ServiceNow platform supports the ability to reach well beyond IT operations into the enterprise with a focus on transforming the organisation by automating and standardising business processes.
With a growth rate of 70% per annum, ServiceNow is amongst the fastest growing cloud-based organisations globally. Established in 2005, ServiceNow currently has a market capitalisation of $7.6 billion. ServiceNow was named in the Wall Street Journal “Next Big Thing” list for two consecutive years, and counts a high proportion of Fortune 500 companies as customers.
UXC announced its partnership with ServiceNow in August 2013 as part of the strategic direction to drive market leading positions in new growth initiatives, thereby increasing relevance to customers and increasing participation in high growth sectors of the IT market. The decision to have Keystone join UXC significantly enhances UXC’s end-to-end enterprise service management value proposition, quickly expands UXC’s cloud-based solutions capabilities and increases the company’s subscription-based annuity revenue.
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