Chicago’s tech scene is heating up. ServiceNow, a publicly traded enterprise software company, announced that it will open a new technology hub in the Fulton Market district of Chicago.
ServiceNow’s new office will be its first office outside of the West Coast. The company plans to hire 150 Chicagoans for its new tech hub over the next 2 years.
Headquartered in Santa Clara, California, ServiceNow is considered a goldilocks in the world of enterprise software. Morgan Stanley took the company public in 2012 and its stock has been soaring since. It trades on the New York Stock Exchange under the ticker NOW.
ServiceNow’s announcement to open its doors in Chicago comes amidst several other announcements from tech companies with plans to build offices in Chicago including logistics startup Flexport. Several weeks ago, Flexport announced plans of its own to hire 100 people for its new Fulton Market office space.
According to an official announcement from ServiceNow, ServiceNow’s new tech hub will hire people for its engineering and product teams, though its primary focus will be on hiring engineers for the first several months.