Domo Named a Leader in Nucleus Research’s 2023 Embedded Analytics Technology Value Matrix

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DOMO - Domo Named Leader in Nucleus Research's 2023 Embedded Analytics Technology Value Matrix

SILICON SLOPES, Utah--(BUSINESS WIRE)-- Today Domo (Nasdaq: DOMO) announced it has been named a leader in Nucleus Research’s 2023 Embedded Analytics Technology Value Matrix for the third consecutive year. The Embedded Analytics Technology Value Matrix assesses vendors on the overall user experience including accessibility for end-users or consumers of analytics, ease of embedding and creating analytical content, customer feedback, the breadth of use cases, and vendor alignment with shifting customer needs and key analytics market trends.

Domo was recognized by Nucleus Research for its Domo Everywhere offering, which enables businesses to embed Domo's analytics capabilities into their own applications, websites and products. The firm highlighted Domo’s support for a variety of business use cases that saves users’ time and often generates new revenue streams through its embedded analytics solution. With Domo Everywhere, organizations can democratize analytics adoption by embedding user-specific analytics directly into core workstreams and operational tools. Organizations can also build and deliver highly customizable data products with significantly faster time to go live and lower upfront costs when compared to manual development. These capabilities can differentiate a customer’s products and services and can often generate new revenue streams through insights and analytics delivered to partners and customers.

Nucleus Research underscored Domo’s leadership in embedded analytics by describing Domo Everywhere as highly customizable, allowing users to scale their deployments while maintaining relevant security and permissioning.

“We’re honored to be recognized as a 'Leader' and the highest-ranking vendor in the 2023 Nucleus Embedded Analytics Value Matrix,” said Daren Thayne, chief technology officer and EVP of Product at Domo. “Domo’s mission is to empower all users with real-time, AI-powered data experiences that are secure, flexible and drive a culture of data curiosity. This recognition validates that we’re delivering on this mission with our embedded analytics capabilities that help our customers drastically cut costs and improve their productivity.”

“Domo’s recognition and placement as a leader reflects the company's best-in-class embedded analytics tools,” said Alexander Wurm, senior analyst at Nucleus Research, Inc. “Domo Everywhere stands out in the analytics market as a solution that not only embeds and supports analytics capabilities, but also democratizes analytics adoption within customer organizations. Domo’s ability to build and deliver highly customizable data products puts them at the forefront of our Value Matrix, as organizations of all scales and industries are reliant on analytics to inform nearly every facet of decision-making.”

For a complimentary copy of the 2023 Nucleus Research Value Matrix for Embedded Analytics Technology, visit here.

About Nucleus Research

Nucleus Research is the recognized global leader in investigative ROI technology research. Using a case-based approach, we provide research streams and advisory services that allow vendors and end users to quantify and maximize the return from their technology investments. We deliver the numbers that drive better business decisions. For more information, visit NucleusResearch.com or follow our latest updates on LinkedIn.

About Domo

Domo puts data to work for everyone so they can multiply their impact on the business. Our cloud-native data experience platform goes beyond traditional business intelligence and analytics, making data visible and actionable with user-friendly dashboards and apps. Underpinned by AI, data science and a secure data foundation that connects with existing cloud and legacy systems, Domo helps companies optimize critical business processes at scale and in record time to spark the bold curiosity that powers exponential business results. For more information, visit www.domo.com. You can also follow Domo on Twitter, Facebook and LinkedIn.

Domo is a registered trademark of Domo, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231115208643/en/

Cynthia Cowen 

PR@domo.com

Source: Domo, Inc.

FAQ

What is the significance of Domo being named a leader in Nucleus Research's 2023 Embedded Analytics Technology Value Matrix?

Domo has been recognized for the third consecutive year as a leader in Nucleus Research's Embedded Analytics Technology Value Matrix, highlighting its Domo Everywhere offering that enables businesses to embed analytics capabilities into their own applications, websites, and products.

How does Domo's embedded analytics solution benefit organizations?

Domo's embedded analytics solution democratizes analytics adoption by embedding user-specific analytics directly into core workstreams and operational tools, saving time, generating new revenue streams, and enabling organizations to build and deliver highly customizable data products with faster time to go live and lower upfront costs.

What sets Domo's embedded analytics capabilities apart?

Domo's embedded analytics capabilities are highly customizable, allowing users to scale their deployments while maintaining relevant security and permissioning, reflecting the company's best-in-class tools in the analytics market.