logo
ServiceNow Expands AI-powered Manufacturing Solutions With the Acquisition of Quality 360

ServiceNow Expands AI-powered Manufacturing Solutions With the Acquisition of Quality 360

Yahoo26-02-2025

Acquisition strengthens Manufacturing Commercial Operations, accelerating AI-driven quality management and empowering manufacturers with proactive, data-driven insights on the ServiceNow platform
SANTA CLARA, Calif. & STOCKHOLM, February 26, 2025--(BUSINESS WIRE)--ServiceNow (NYSE: NOW), the AI platform for business transformation, today announced the acquisition of the Quality 360 solution from Advania to enhance its strength in the manufacturing industry. Natively built on ServiceNow, Quality 360 will accelerate quality management functionality within the ServiceNow Manufacturing Commercial Operations (MCO) solution and empower manufacturers with proactive, data-driven insights to address end-to-end quality issues, ultimately helping to minimize operational costs and reputational risks.
Quality issues in the manufacturing industry are a significant concern and can represent costs as high as 15-20% of sales revenue, according to the American Society for Quality. Originally built by Advania on the ServiceNow platform, Quality 360 allows manufacturers to proactively identify and resolve quality issues across all stages of production and service delivery, from source identification to containment, corrective action, and resolution. The acquisition aligns with ServiceNow's vision to help manufacturers streamline commercial operations, diversify revenue streams, and manage complex partner ecosystems—including OEMs, resellers, and dealers—with real-time visibility.
"Manufacturers are under increasing pressure to maintain high-quality standards while managing complex supply chains," said Rohit Batra, vice president and general manager, Manufacturing, Telecom, Media & Tech Industries at ServiceNow. "By integrating Advania's Quality 360 into the ServiceNow platform, we're providing manufacturers with the AI-driven insights and automation they need to proactively manage quality issues, drive operational efficiency, and enhance customer trust. This acquisition exemplifies our commitment to partner-led innovation and delivering industry-specific solutions that drive meaningful transformation."
"As quality management becomes a critical differentiator, Advania is excited to see Quality 360 join ServiceNow's Manufacturing Commercial Operations," said Hege Støre, Group Chief Executive Officer at Advania. "ServiceNow's AI capabilities and scalable platform will empower manufacturers with a proactive, data-driven approach to quality management, helping them mitigate risks and strengthen their competitive edge."
Quality 360 delivers AI-powered root cause analysis, automated issue detection, and structured resolution frameworks. With a centralized Quality Workspace, standardized playbooks, and real-time communication tools, manufacturers gain a seamless, end-to-end solution to uphold product integrity and customer satisfaction.
With this acquisition, ServiceNow continues to reinforce its role as a trusted partner in manufacturing transformation. This latest investment builds on our strong focus on co-innovation, including manufacturing-centric initiatives such as the collaboration with Siemens on industrial cybersecurity and AI-driven automation, as well as the acquisition of the 4Industry solution from Plat4Mation to drive digital transformation across industrial ecosystems. At the same time, broader partnerships with companies like Visa and Genesys demonstrate how ServiceNow is co-innovating across industries to enhance workflow automation and customer experiences. By fostering a trusted network of partners and customers, ServiceNow accelerates time to value, drives industry-wide innovation, and delivers future-proof solutions across the entire platform.
About ServiceNow
ServiceNow (NYSE: NOW) is putting AI to work for people. We move with the pace of innovation to help customers transform organizations across every industry while upholding a trustworthy, human centered approach to deploying our products and services at scale. Our AI platform for business transformation connects people, processes, data, and devices to increase productivity and maximize business outcomes. For more information, visit: www.servicenow.com.
About Advania
Advania delivers comprehensive IT services across the UK, Sweden, Norway, Iceland, Finland, and Denmark. Tracing its roots to a 1939 office equipment repair workshop in Iceland, the company has become a leading Northern European IT services provider. Advania serves mid-market clients in private and public sectors through managed services, hardware, software, and professional services. With over 5,500 employees, Advania combines technical excellence with lasting client relationships and strategic partnerships to create sustainable value. Its decentralized culture empowers employees to make decisions based on local client needs, fostering entrepreneurship while ensuring consistent service quality across markets. Advania drives sustained service demand and long-term shareholder value by prioritizing client value creation. The company is backed by funds managed by Goldman Sachs Alternatives.
For more information, visit: www.advania.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20250226864798/en/
Contacts
ServiceNow Media Contact Lindsay Capurro503‑551‑2655press@servicenow.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Latecoere: Annual Shareholders' Meeting
Latecoere: Annual Shareholders' Meeting

Yahoo

time34 minutes ago

  • Yahoo

Latecoere: Annual Shareholders' Meeting

All resolutions submitted to the Annual Shareholders' Meeting were approved. TOULOUSE, France, June 10, 2025--(BUSINESS WIRE)--Regulatory News: The 2025 Annual General Meeting of LATECOERE (Paris:LAT) shareholders was held at the Company's registered office on June 6, 2025, and all resolutions submitted were approved. Detailed voting results are available on the Company's website: Regulated information - Latecoere. About Latecoere Tier 1 to the world's leading OEMs (Airbus, BAE Systems, Boeing, Bombardier, Dassault Aviation, Embraer, Honda Aircraft Company, Lockheed Martin, RTX, Thales), Latecoere serves aerospace with innovative solutions for a sustainable world. The Group operates in all segments of the aerospace industry (commercial, regional, business, defense and space) in three business areas: Aerostructures Europe and Americas: doors, fuselage, wings and empennage, rods; Interconnection Systems: wiring, avionic racks, on-board systems; Special Products and Services: customer services, on-board equipment, electronic systems. As of December 31, 2024, the Group employed 5,497 people in 14 countries. Latecoere is listed on Euronext Paris - Compartment B, ISIN Code: FR001400JY13 - Reuters: - Bloomberg: View source version on Contacts Media Relations Thierry Mahé+33 (0)6 60 69 63 85LatecoereGroupCommunication@ Investor Relations mandataires-ag-latecoere@ Sign in to access your portfolio

Newmark Arranges $675 Million Refinancing for Independence Plaza in Manhattan
Newmark Arranges $675 Million Refinancing for Independence Plaza in Manhattan

Yahoo

time43 minutes ago

  • Yahoo

Newmark Arranges $675 Million Refinancing for Independence Plaza in Manhattan

NEW YORK, June 10, 2025 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it has arranged a $675 million loan on behalf of Vornado Realty Trust and Stellar Management for the refinancing of Independence Plaza, a 1,328-unit multifamily property located in the Tribeca neighborhood of Manhattan. Newmark Co-President of Global Debt & Structured Finance Jordan Roeschlaub and Vice Chairman Nick Scribani secured the financing from Deutsche Bank, Wells Fargo, Bank of America and Morgan Stanley. Co-President of Global Debt & Structured Finance Jonathan Firestone and Director John Caraviello also supported the transaction. Independence Plaza is a 1,328-unit residential complex totaling 1.4 million square feet across three 39-story residential towers, a series of townhomes, on-site parking garage and four contiguous blocks of retail frontage. About Vornado Realty Trust (NYSE: VNO)Vornado Realty Trust ("Vornado") is a fully-integrated Real Estate Investment Trust and is a preeminent owner, manager and developer of real estate assets. Vornado's portfolio is concentrated in the nation's key market — New York City — along with premier assets both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 26 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2024. About Stellar ManagementFounded in 1985, Stellar Management is a New York City based real estate investment and management firm. With over 13,000 apartments and nearly three million square feet of office and retail space under the firm's corporate umbrella, Stellar is an active market participant focused exclusively on New York City. Since its inception, Stellar has built its superior track record on owning and managing properties for a diverse array of residential, retail and office users. Stellar Management employs a direct, hands-on approach to value investing by marrying its best-in-class management operation with in-house construction and development teams. The vertical integration of management, development and ownership is a central tenet of the firm's investment and management philosophy and enables Stellar to quality control every step of the design, development and execution process. With a fully integrated real estate platform, Stellar is able to provide stakeholders accountability across the many facets of real estate investment. About NewmarkNewmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended March 31, 2025, Newmark generated revenues of over $2.8 billion. As of March 31, 2025, Newmark and its business partners together operated from 165 offices with approximately 8,100 professionals across four continents. To learn more, visit or follow @newmark. Discussion of Forward-Looking Statements about NewmarkStatements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K. View original content to download multimedia: SOURCE Newmark Group, Inc. Sign in to access your portfolio

Latecoere: Annual Shareholders' Meeting
Latecoere: Annual Shareholders' Meeting

Business Wire

time43 minutes ago

  • Business Wire

Latecoere: Annual Shareholders' Meeting

TOULOUSE, France--(BUSINESS WIRE)--Regulatory News: The 2025 Annual General Meeting of LATECOERE (Paris:LAT) shareholders was held at the Company's registered office on June 6, 2025, and all resolutions submitted were approved. Detailed voting results are available on the Company's website: Regulated information - Latecoere. About Latecoere Tier 1 to the world's leading OEMs (Airbus, BAE Systems, Boeing, Bombardier, Dassault Aviation, Embraer, Honda Aircraft Company, Lockheed Martin, RTX, Thales), Latecoere serves aerospace with innovative solutions for a sustainable world. The Group operates in all segments of the aerospace industry (commercial, regional, business, defense and space) in three business areas: Aerostructures Europe and Americas: doors, fuselage, wings and empennage, rods; Interconnection Systems: wiring, avionic racks, on-board systems; Special Products and Services: customer services, on-board equipment, electronic systems. As of December 31, 2024, the Group employed 5,497 people in 14 countries. Latecoere is listed on Euronext Paris - Compartment B, ISIN Code: FR001400JY13 - Reuters: - Bloomberg:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store