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ServiceNow (NOW) Partners With Ferrari to Boost Hypercar Team Operations

By Sheryar Siddiq | July 28, 2025, 1:42 AM

ServiceNow, Inc. (NYSE:NOW) ranks among the best low volatility stocks to buy according to analysts. ServiceNow, Inc. (NYSE:NOW) announced forming a partnership with Ferrari on July 9 to improve the performance of the automaker’s Hypercar team and race operations through its One Digital Portal.

ServiceNow (NOW) Partners With Ferrari to Boost Hypercar Team Operations

The Ferrari Hypercar team makes use of a custom application built on ServiceNow’s platform that tracks and reports car defects, communicates updates on new components under testing, and ensures traceability throughout the validation process.

Additionally, the One Digital Portal supports Ferrari’s global dealer network by acting as a central hub for managing service requests throughout the Racing, Sports Car, and Lifestyle divisions.

ServiceNow, Inc. (NYSE:NOW) is a leading provider of cloud-based software solutions that enable corporations to streamline their digital workflows. The company operates the Now platform, a cloud-based platform with integrated AI that aids governments and multinational companies in digitizing their processes.

While we acknowledge the potential of NOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.

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