ServiceNow announces strategic partnership with CapZone

ServiceNow (NOW) announced a strategic partnership with CapZone Impact Investments LLC, a leading Opportunity Zone investment management company, to develop a national network of next generation digital solutions for mission-critical manufacturing facilities, starting in Mobile, Alabama. The initiative will utilize the ServiceNow AI Platform as the digital backbone combined with CapZone’s Opportunity Zone investment, analytics, and compliance solution to transform legacy shipbuilding and bolster U.S. naval operations along the Gulf Coast and beyond. The partnership aims to enable the Department of Defense to modernize faster, sustain readiness more effectively, and meet the demands of evolving competitive global environment with confidence. “ServiceNow and CapZone aim to revitalize the Mobile Naval Yard into a state-of-the-art digital facility, designed to meet the demands of today’s mission critical objectives,” said Steve Walters, president, Americas, at ServiceNow. “By digitally transforming some of our country’s most vital manufacturing infrastructure, we’re not just driving operational efficiencies through boosted productivity, we’re setting a new standard of innovation for building and maintaining naval vessels.”