Now Assist for Strategic Portfolio Management (SPM)

  • Release version: Xanadu
  • Updated August 1, 2024
  • 3 minutes to read
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    Summary of Now Assist for Strategic Portfolio Management (SPM)

    Now Assist for Strategic Portfolio Management (SPM) is a ServiceNow application designed to enhance project, product, and demand management by leveraging generative AI. It helps users summarize feedback, generate demands conversationally, create concise project summaries, and generate stories from epics within the SPM environment. This accelerates workflows and streamlines portfolio management tasks.

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    Key Features

    • Summarize Feedback and Documents: Quickly distill key points from strategic planning feedback or documents.
    • Conversational Demand Creation: Generate demands using a natural conversational interface, simplifying demand intake.
    • Project Summaries: Produce concise summaries of projects to improve visibility and communication.
    • Epic to Story Generation: Automatically create detailed user stories from epics, aiding agile planning.
    • Configurable AI Agents and Skills: Tailor AI capabilities to fit specific SPM workflows and roles.

    Important Considerations

    • Availability of AI models and features varies by region, data center environment, and customer type (e.g., in-country SKUs, FedRAMP, NSC DOD IL5, Australia IRAP-Protected, self-hosted, and regulated markets).
    • Customers should consult ServiceNow Knowledge Base articles for the latest details on feature availability and restrictions.
    • AI-generated outputs require human oversight and validation due to possible inaccuracies or incomplete information, especially in high-impact domains like healthcare, finance, or security.
    • Use of the application must comply with ServiceNow’s AI Acceptable Use Policy.

    Data Handling and Privacy

    Data processed by Now Assist for SPM is transferred from customer instances to a centralized ServiceNow environment, which may include third-party cloud providers such as Microsoft Azure. Data is managed according to ServiceNow’s internal policies and compliance standards. Inputs, outputs, and edits are collected to improve AI models and services, but customers can opt out of data collection at any time.

    Getting Started and Support

    • Configuration guides and AI agent usage instructions are provided to help customers adopt Now Assist for SPM effectively.
    • For troubleshooting, customers can access the Known Error Portal or contact ServiceNow Customer Service and Support.

    Use the ServiceNow® Now Assist for Strategic Portfolio Management (SPM) application to summarize feedback in Strategic Planning or text in Docs, create a demand with a conversational experience, generate a concise project summary for projects, and generate stories from epics. Product, project, and demand managers can use the Now Assist skills and AI agents to streamline their projects and workflows.

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    Important:
    • Not all model providers are available for customers with in-country SKUs, and some Now Assist products/features are currently unavailable for in-country customers. For more information, see the KB1584492 article in the Now Support Knowledge Base. Be sure to check for model provider availability updates in future releases.
    • Some Now Assist products/features are currently unavailable for customers in the FedRAMP, NSC DOD IL5, or Australia IRAP-Protected data centers, self-hosted customers, or in other restricted environments. For more information, see the KB0743854 article in the Now Support Knowledge Base. Be sure to check for availability updates in future releases.
    • Some Now Assist products/features are currently available only for customers in some regions. Be sure to check for availability updates in future releases.
    • Some AI products and skills are not available in Regulated Markets. For more information, see KB2593939: Regulated Markets AI Products/Skills Not Available. Be sure to check for availability updates in future releases.

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