ServiceNow has acquired Pyramid Analytics, a company specializing in data science and preparation, to enhance its software stack with additional context and semantics. This “tuck-in” acquisition aims to integrate analytics closer to action within ServiceNow’s workflows, enabling AI agents and humans to define and rely on metrics for more confident decision-making across various business functions. The deal comes despite CEO Bill McDermott’s recent statement against large-scale M&A, which he clarified was referring to balance-sheet-shaping transactions rather than smaller, strategic acquisitions like Pyramid Analytics.
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ServiceNow buys Pyramid Analytics
ServiceNow has acquired Pyramid Analytics, a company specializing in data science and preparation, to enhance its software stack with additional context and semantics. This “tuck-in” acquisition aims to integrate analytics closer to action within ServiceNow’s workflows, enabling AI agents and humans to define and rely on metrics for more confident decision-making across various business functions. The deal comes despite CEO Bill McDermott’s recent statement against large-scale M&A, which he clarified was referring to balance-sheet-shaping transactions rather than smaller, strategic acquisitions like Pyramid Analytics.