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ServiceNow Trading Volume Plummets 62.44% to $10.12 Billion Despite Stock Price Rise and CTRL WRK Launch
Generated by AI AgentAinvest Volume Radar
Monday, Jun 2, 2025 8:01 pm ET1min read
On June 2, 2025,
(NOW) closed with a trading volume of $10.12 billion, marking a 62.44% decrease from the previous day. The stock price rose by 0.10%.ServiceNow has made a significant advancement in its operational risk management capabilities with the introduction of
WRK to the ServiceNow Store. This AI-enhanced solution is designed to revolutionize Lockout Tagout (LOTO) procedures, a critical aspect of operational safety and efficiency. Built natively on the ServiceNow platform, CTRL WRK leverages artificial intelligence to streamline and automate traditionally manual and error-prone processes, providing real-time insights and enhancing overall operational risk management.CTRL WRK is co-founded by Aaron Callaway, a seasoned entrepreneur with a proven track record in the ServiceNow ecosystem. Callaway's previous venture, Fairchild Resiliency Systems, was successfully acquired by ServiceNow in 2019, demonstrating his expertise in developing innovative solutions for enterprise operations. With over a decade of experience and a deep understanding of the ServiceNow platform, Callaway is well-positioned to lead CTRL WRK in transforming enterprise safety and operations.
The solution offers a range of features, including AI-powered isolation planning and risk identification, real-time tracking of LOTO and Permit work, configurable forms and workflows, a mobile app for field support, and seamless integration with third-party solutions. These capabilities make CTRL WRK a comprehensive and advanced LOTO solution, setting a new standard for operational risk management in highly regulated industries such as utilities and oil & gas.
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