 ServiceNow Knowledge 14 is sponsored by ServiceNow. Here are your hosts, Dave Vellante and Jeff Frick. Hi everybody, welcome to theCUBE. This is Dave Vellante and I'm here with Jeff Frick. We are live at Moscone for the Knowledge No 14 conference. ServiceNow's big customer event. There are 6,600 attendees here, up from 4,000 last year, we were in Las Vegas. And this show is growing at quite a rapid pace. We saw today earlier the numbers from several years ago. It's on a trajectory similar to that of some of the other big conferences that we track, specifically things like VMworld and EMCworld. And there's a lot of energy here. Everybody talking about IT service management, the cloudification of IT, making IT really the central nervous system of all service-oriented businesses within the globe. ServiceNow is a company that is on track to probably do between $600 to $700 million revenue this year. It's important to note that that is deferred revenue with subscription revenue. So they're growing very rapidly. They're billing at about $180 million a quarter. The company has a $7 billion market valuation. And they're just exploding, they're expanding. And we're seeing a lot of energy at this show. And we're here covering it. This is theCUBE where we go out, we extract the signal from the noise, we interview CIOs, CEOs, executives at companies, thought leaders, authors will be on this week. We'll be covering this wall to wall. Jeff Frick, great to be working with you again. I think the first show that we ever did together was last year, Knowledge 13, and fantastic to be back. Yeah, I guess we outgrew the ARIA. That was in the ARIA in Vegas, right? And there's a lot of good energy and there's a lot of themes that we cover as we go show to show to show. Was mobile first was a hot topic? Lately a lot of data-first conversations. But here, it's clearly articulated in the keynote. It's really about the service-oriented enterprise and really coming at it from that point of view, which is slightly different than what we hear as we go around the show. So we're excited, we got an unbelievable list of guests. They got them packed in. So we'll be in and out of theCUBE at a crazy rate today. ServiceNow, if you don't know, is on a really rapid growth trajectory. They brought in CEO Frank Slutman, rock star CEO. The company's growing at between 60 and 65% a year. Talking about 2,200 customers, really focused almost exclusively on the global 2,000, global 2,000, all kinds of industries. Large farmer, retail, oil and gas, technology, financial services, companies like AstraZeneca, Walmart, BP, Visa, General Electric, Qualcomm, all customers of ServiceNow. Really driving IT service management. The unique thing about ServiceNow is they don't go after shadow IT. They go through and they sell through IT and then IT brings them into lines of business like HR, like facilities, like marketing and others. As I say, this company is growing very rapidly. They've got solid gross margins that should expand over time. We've been watching them now for quite some time. A very interesting story and we'll be covering it wall to wall. Okay, we're going to be back with our next guest. We're here live, Jeff Frick and Dave Vellante. This is theCUBE, we're right back.