ServiceNow Makes Strategic Growth Investment In InMorphis

ServiceNow Makes Strategic Growth Investment In InMorphis, A Leading Global ServiceNow Pure-play Partner

inMorphis to extend ServiceNow presence in India and ASEAN region, focused on development of generative AI offerings and digital skills training

ServiceNow announced a strategic growth investment in inMorphis, a global IT company and leading pure‑play ServiceNow partner. inMorphis will primarily use the investment to extend ServiceNow’s presence in India and the ASEAN region through development of new generative AI offerings, solutions, and digital skills training,1 with an eye toward future global growth. ServiceNow Ecosystem Ventures is investing in inMorphis alongside Capital Square Partners, the lead investor.

“ServiceNow Ecosystem Ventures will continue to invest in promising regional service partners who have deep domain & industry expertise to develop market relevant offerings and solutions enabled by ServiceNow’s AI platform for business transformation,” said David Parsons, senior vice president of Ecosystem Ventures at ServiceNow. “inMorphis is an exemplary partner who has a track record of delivering measurable business outcomes for our customers. This investment will help inMorphis accelerate development of critical GenAI enabled offerings and solutions to targeted buyer personas and industry segments in India & ASEAN."

“We have had a long‑standing relationship and mutually beneficial partnership with ServiceNow over the last seven years,” said Himanshu Singhal, chief executive officer and founder at inMorphis. “As a pure‑play partner, we have been at the forefront of advancing the adoption of ServiceNow and have successfully implemented industry defining solutions in several sectors. ServiceNow’s platform and expertise will accelerate our growth journey and help us expand our delivery and sales footprint throughout India and beyond, organically and inorganically.”

While automation will drive efficiencies across organizations, data shows that technology talent demand will continue to outpace the supply needed to sustain projected economic growth. In fact, India is expected to have one of the largest rises in demand for tech talent, adding approximately 34 million workers over the next five years, according to the ServiceNow and Pearson Impact AI Report: 2024 Workforce Skills Forecast. inMorphis is poised to help individuals and enterprises in the region meet this opportunity by building on its suite of proprietary accelerators to complement and extend ServiceNow offerings. inMorphis plans to develop GenAI solutions for key industry verticals across the region, including financial services, technology, transportation, public sector, and telecom using ServiceNow’s platform capabilities.

As part of RiseUp with ServiceNow, a global initiative aimed at skilling one million people on the Now Platform, InMorphis, with its chain of delivery centers, aims to equip and deploy an additional 2,500 individuals, primarily in India and ASEAN market segments. An expanded talent base with in‑demand ServiceNow skills and training will allow inMorphis to address ServiceNow specific customer needs and drive AI transformation at scale.

The ServiceNow Ecosystem Ventures program launched in May 2023 to accelerate growth in regional services partners in targeted emerging market segments. ServiceNow’s investment allows partners to extend their go‑to‑market capabilities and deepen their domain and industry expertise with ServiceNow’s technology and solutions to accelerate time to value for customers. This investment builds on ServiceNow’s commitment to growth in India and the key ASEAN market segments.

In 2023, ServiceNow invested in ANSR, an Accel portfolio company, to establish ServiceNow Centers of Excellence in more than 60 Global Capability Centers across India. Other recent investments by ServiceNow Ecosystem Ventures include Blueship Co.,Ltd and Japan System Co., Ltd., Plat4mation and AoraNow. 

Source: ServiceNow media announcement

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