Melco Resorts & Entertainment Ltd
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Consumer Discretionary : Hotels, Restaurants & Leisure |
Based in Hong Kong
Company profile

Melco Resorts & Entertainment Limited, formerly Melco Crown Entertainment Limited, is a holding company. The Company, through its subsidiaries, develops, owns and operates casino gaming and entertainment casino resort facilities in Asia. It is principally engaged in the gaming and hospitality business in Asia and its principal operating and developmental activities occur in over two geographic areas, which include Macau and the Philippines. Its segments include City of Dreams, Altira Macau, Studio City, Mocha Clubs, City of Dreams Manila, and Corporate and Others. It has over three casino based operations in Macau, namely, City of Dreams, Altira Macau and Studio City, and non-casino based operations in Macau at its Mocha Clubs. It also has a casino based operation in the Philippines, City of Dreams Manila. It is developing the fifth hotel tower at City of Dreams in Cotai, Macau. Its other operations also include Taipa Square Casino, Macau operating within Hotel Taipa Square.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

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Closing Price
$14.94
Day's Change
0.31 (2.12%)
Bid
--
Ask
--
B/A Size
--
Day's High
15.14
Day's Low
14.57
Volume
(Average)
Volume:
3,032,350

10-day average volume:
3,145,804
3,032,350

ServiceNow Named a Leader in the 2020 Gartner Magic Quadrant for IT Risk Management

1:01 pm ET August 14, 2020 (BusinessWire) Print

ServiceNow (NYSE: NOW), the leading digital workflow company that makes work, work better for people, has been named a Leader in the 2020 Gartner Magic Quadrant for IT Risk Management. ServiceNow was evaluated for its Governance, Risk, and Compliance (GRC) platform.

According to Gartner, "Security and risk management leaders experience increased demand for ITRM solutions originating from cybersecurity initiatives, board risk oversight and digital compliance obligations." Moreover, "By 2025, 50% of global midmarket and large enterprises will depend on risk management solutions to aggregate digital risks in their business's ecosystem, up from 10% in 2018."(1)

Exposure to risks are heightened as enterprises balance new workplace rules and business processes and continue to digitally transform their operations. ServiceNow's GRC platform helps companies become more agile in their decision making by delivering real-time visibility into high risk areas and noncompliance through the Now Platform.

"We believe that Gartner's recognition of ServiceNow's GRC platform comes at a critical time during this new normal as companies are doubling down on their strategies for digital risk management," said Vasant Balasubramanian, head of risk products at ServiceNow. "At a time when agility and resilience are imperative to business success, ServiceNow's modern, cloud-based platform enables our customers to proactively manage risk across enterprise workflows."

ServiceNow connects the business, security and IT within an integrated risk framework on the Now Platform. With the ServiceNow GRC platform, customers can:

Improve decisions and performance with risk intelligence embedded in daily work and integrated across the enterprise. Gain real-time visibility into risk with continuous monitoring for risk and compliance - at scale. Increase productivity and reduce costs with automated cross-functional workflows that span operational silos. Effectively communicate with stakeholders across the organization through integrated reporting of current risk data supported by the Now Platform.

One of the strengths of the Now Platform is that it gives customers rapid access to new features. Since early 2020, ServiceNow has delivered new capabilities by expanding support for operational and vendor risk management as part of its quarterly release cadence through the ServiceNow App Store.

Additional Information

The Gartner Magic Quadrant for IT Risk Management is available here: https://www.servicenow.com/lpayr/gartner-it-risk-management.html

(1) Gartner, Inc., "Magic Quadrant for IT Risk Management," Khushbu Pratap, Brent Predovich, Claude Mandy, 11 August 2020.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About ServiceNow

ServiceNow (NYSE: NOW) is making the world of work, work better for people. Our cloud'based platform and solutions deliver digital workflows that create great experiences and unlock productivity for employees and the enterprise. For more information, visit: www.servicenow.com.

(C) 2020 ServiceNow, Inc. All rights reserved. ServiceNow, the ServiceNow logo, Now, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries. Other company names, product names, and logos may be trademarks of the respective companies with which they are associated.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200814005104/en/

SOURCE: ServiceNow

Jacqueline Velasco
(408) 561-1937
press@servicenow.com
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