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Domo, Inc. (DOMO) is a leading company that provides a cloud-based platform aimed at optimizing business performance by connecting data, systems, and people within an organization. With an impressive backing of over $500 million from top-tier investors and spearheaded by seasoned professionals from renowned technology companies, Domo ensures real-time access to data and insights, empowering every employee from the CEO to the frontline workers.
The Domo platform serves as a subscription-based service, enabling users to manage their business operations from their smartphones. Key features include real-time notifications on any device, immediate actions on invitations, and seamless write-backs to the original systems of record. This innovative approach allows businesses to stay agile, make data-driven decisions, and improve overall efficiency.
Recent achievements include expanding their customer base and continuously enhancing their platform's capabilities to meet the evolving needs of modern businesses. Domo's partnerships with various industries highlight its versatility and effectiveness in diverse business environments.
Financially, Domo has shown steady growth, driven by its strong subscription revenue model and professional services. The company's focus on continuous improvement and customer satisfaction places it as a significant player in the cloud-based business intelligence sector.
Stay updated with the latest news and developments about Domo, Inc. to understand its impact on the business intelligence landscape and its potential for future growth.
Domo (Nasdaq: DOMO) has announced it will release its fourth quarter and full-year fiscal 2025 financial results on Thursday, March 6, 2025, after market close. The company will host a conference call at 3:00 p.m. (MT) / 5:00 p.m. (ET) to discuss these results with investors.
A live dial-in will be available, and investors can also access a live webcast through Domo's Investor Relations website. A replay of the call will be accessible until April 6, 2025, at 11:59 p.m. (ET).
Domo (Nasdaq: DOMO) has achieved significant returns for customers implementing its AI and Data Products platform, according to a new Nucleus Research report. The analysis reveals customers receive $6.93 for every dollar invested, with an average ROI of 536 percent and a nine-month payback period.
Key benefits reported by customers include a 35 percent improvement in user productivity, 20 percent technology cost savings, and an average 15 percent increase in revenue. Some customers achieved returns as high as 1,670 percent and experienced up to 197 percent increases in lead growth for targeted segments through data-driven campaign alignment.
Domo (Nasdaq: DOMO) has been awarded the 2025 DEVIES Award in the Data Analytics & Visualization category for its Domo.AI portfolio. The platform was recognized for its ability to simplify how developers integrate business data to power data-driven tools and workflows.
Domo.AI enables users to manage, deploy, and optimize AI and machine learning models, including Large Language Models (LLMs), in an accessible and secure manner. The platform stands out for its ability to bridge the gap between technical and non-technical users, combining sophisticated AI capabilities with an intuitive user experience.
The award was granted by an independent DevNetwork Advisory Board, which evaluated nominees based on technical innovation, industry awareness, and adoption by developer communities. Matthew Payne, VP of Engineering at Domo, emphasized the platform's role in enabling companies to build data-driven cultures where all employees can contribute to business value using AI and data products.
Domo (Nasdaq: DOMO) has achieved recognition from Database Trends and Applications (DBTA) magazine, which named Domo.AI to its list of Trend-Setting Products in Data and Information Management for 2025. The selection highlights Domo.AI's comprehensive portfolio of AI services that enhance the company's AI and Data Products platform.
The platform provides organizations with end-to-end tools for model creation, management, AI deployment, and enhanced governance and security. According to Matthew Payne, VP of Engineering at Domo, this recognition validates their commitment to making data technology accessible regardless of expertise level.
This acknowledgment comes as DBTA forecasts the big data market to reach $401.2 billion by 2028. Domo's platform focuses on ensuring data is AI-ready, governed, and secure, enabling organizations to leverage data effectively across all levels, from frontline workers to CEOs.
Domo (Nasdaq: DOMO) announced that Response Media, a data-led digital marketing agency, has chosen Domo as its global data platform. The partnership has enabled Response Media to develop more robust data practices through streamlined data storage and visualization, leading to enhanced strategic decision-making and revenue growth.
As a Domo-certified partner, Response Media successfully implemented one of its largest dashboard projects, handling 1.5 billion rows of data from over 30 sources, completing it 25% faster than expected. The integration has allowed the agency to automate time-intensive tasks, improve reporting efficiency, and reallocate resources more effectively, resulting in cost savings and improved operational efficiency.
The partnership enables Response Media to implement Domo software with its own customers, creating additional value opportunities while strengthening their data-driven marketing solutions.
Domo (Nasdaq: DOMO) has achieved significant recognition in ISG's 2024 Analytics and Data Buyers Guides, being ranked in the Exemplary quadrant across five categories. The company received top distinctions as an Overall, Product, and Capability Leader in GenAI Analytics, Collaborative Analytics, and Mobile Analytics. Additionally, Domo was named a Product and Capability Leader in Embedded Analytics and a Capability Leader in Analytics and Data.
The company scored an A- in Customer Experience and TCO/ROI categories across all five guides. These rankings were determined through ISG's independent evaluation, conducted without vendor sponsorship or influence, as part of their Consulting, Advisory, Research and Education (CARE) services.
Domo (Nasdaq: DOMO) has announced a strategic partnership with Data Consulting Group (DCG), a global firm specializing in enterprise-scale data and analytics solutions. DCG will integrate Domo's AI and data products platform into its service offerings, leveraging features like Domo Everywhere for embedded analytics.
The partnership focuses on providing customers with comprehensive data management and democratization capabilities across enterprises. DCG utilizes Domo's platform to connect and consolidate data from various sources, offering real-time, interactive dashboards to clients. A notable implementation includes collaboration with one of the world's largest gaming platforms, where the partnership helps streamline customer tracking and data integration.
The collaboration aims to create unified data ecosystems where teams can access insights as actionable, cross-functional knowledge, serving diverse industries across different departments and global regions.
Domo (NASDAQ: DOMO) has released its 12th annual 'Data Never Sleeps' report, highlighting digital activity trends across the internet's 5.52B users. The report reveals significant shifts in online behavior, with AI emerging as a major disruptor to traditional digital platforms. Google searches decreased by 6% to 5.9M per minute, while AI assistants like Siri handle over 1M queries per minute.
The report also shows evolving entertainment patterns, with Netflix streaming hours declining 19% since 2021, while platforms like TikTok and Snapchat experience substantial growth. In the digital workplace, collaboration tools remain crucial, with Microsoft Teams recording 229M meeting minutes per minute. E-commerce continues to thrive, with global shoppers spending $43.6M per minute during Cyber Week, while cybersecurity concerns persist with 4,080 records compromised every minute in data breaches.
Domo (Nasdaq: DOMO) has been awarded the 2024 KMWorld Readers' Choice Award for Best AI for its Domo.AI suite. The award, voted by enterprise leaders and decision-makers, recognizes Domo.AI's comprehensive AI solutions that enable streamlined model management and natural-language data analysis.
The platform offers users the ability to manage external AI models from providers like OpenAI, Databricks, Amazon Bedrock, and Hugging Face, while maintaining robust security and governance. According to Matthew Payne, VP of Engineering at Domo, the recognition validates their approach to delivering business intelligence and analytics through real-time AI-driven insights.
Domo.AI's features include contextualized insights, meaningful visualizations, and the flexibility to deploy models across apps and workflow engines, making AI capabilities accessible to a broader user base.
Domo (Nasdaq: DOMO) has announced a partnership with advisory firm Richey May to provide data-driven insights for mortgage banking clients. Over 80 mortgage bankers in Richey May's client base are currently utilizing Domo's data and AI platform. The partnership leverages Richey May's 40+ years of mortgage industry expertise combined with Domo's technical capabilities, including integrations, low/no-code offerings, and secure AI models.
Richey May has been using Domo as its data foundation since 2018, enabling the firm to offer modern analytics approaches and expand its services, including industry benchmarking. Through Domo's features like Domo Everywhere and Domo Publish, Richey May can aggregate and securely distribute industry reports to clients.
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