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Fly News Breaks for August 30, 2017
NOW
Aug 30, 2017 | 07:48 EDT
After meeting with ServiceNow's CFO, RBC Capital analyst Matthew Hedberg says that the company's "large deal momentum was better than expected." The analyst adds that sales cycles for Global 2000 customers can still last up to five years, but says he "was surprised to learn" that ServiceNow's billings deals are often completed two quarters or more in advance.
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