ServiceNow Inc. raised its annual subscription sales forecast, signaling a strong pipeline for automation software and betting the interest in artificial intelligence will continue to boost demand.

Subscription revenue will jump as much as 25% to $8.6 billion this year, the company said Wednesday in a statement. That forecast, which is 1.5 percentage points higher than the previous outlook in April, is due in part to more favorable currency fluctuations. It’s the second consecutive quarter that ServiceNow has raised its full-year guidance for subscription sales, a key metric for the software maker.