STOCK TITAN

Domo Named an Overall Leader in the 2020 Dresner Wisdom of Crowds® BI Market Study

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Domo (Nasdaq: DOMO) has achieved a perfect recommendation score for the fourth consecutive year and is recognized as a leader in Customer Experience and Vendor Credibility in the 2020 Dresner Wisdom of Crowds BI Market Study. The report emphasizes the strong penetration of BI in the workforce, driven by the demand for better decision-making. Domo's Business Cloud delivers BI capabilities at cloud scale swiftly. This year marks Domo's third top Dresner ranking, highlighting its growing reputation in the BI space.

Positive
  • Achieved a perfect recommendation score for the fourth consecutive year.
  • Recognized as a leader in Customer Experience and Vendor Credibility.
  • Third top Dresner ranking in 2020, showcasing Domo's strong reputation in BI.
Negative
  • None.

SILICON SLOPES, Utah, June 09, 2020 (GLOBE NEWSWIRE) -- Domo (Nasdaq: DOMO), provider of the Business Cloud, today announced it has received its fourth consecutive perfect recommendation score and has been named an overall leader in both Customer Experience and Vendor Credibility in the 2020 Dresner Wisdom of Crowds® BI Market Study.

In its 11th edition, Dresner’s flagship report provides a comprehensive analysis of BI end user trends, attitudes and intentions. The report also covers adoption and deployment, staffing, budgets, technology, state of data, action on insights, success, plus vendor ratings.

“In the eleventh year of our Wisdom of Crowds BI Market Study the BI market remains strong and we continue to see BI penetrate the workforce with consumers prioritizing better decision-making and improved operational efficiency as their top BI objectives,” said Howard Dresner, chief research officer, Dresner Advisory Services. “Congratulations to Domo for another perfect recommendation score by its customers, and for its placement as an overall leader again in this this year’s study.”

With high scores across the board, the Domo Business Cloud delivers BI leverage at cloud-scale in record time, allowing Domo to stand out as a leader in both the Customer Experience and Vendor Credibility models. Additionally, this year marks the Domo’s fourth consecutive perfect recommendation score, meaning every Domo customer who responded to the survey said they would recommend Domo to others.

This recognition is Domo’s third top Dresner ranking in 2020, which also includes Dresner 2020 Self Service Business Intelligence Market Study and the Dresner Advisory Services’ 2020 Cloud Computing and Business Intelligence Market Study.

For a copy of the report, visit https://www.domo.com/learn/dresner-wisdom-of-crowds-bi-2020-market-study

Domo will also be hosting a webinar featuring Howard Dresner to explore why cloud-first BI is exploding and how organizations can improve their self-service offering and get more leverage. Topics to be discussed include data strategy, technology, processes, talent management among others. The complimentary event will be held Wednesday, June 10, at 11:00am MT.

More Information on the webinar and registration page can be found here.

Dresner Advisory Services was formed by Howard Dresner, an independent analyst, author, lecturer, and business adviser. Dresner Advisory Services, LLC focuses on creating and sharing thought leadership for Business Intelligence (BI) and related areas.  Wisdom of Crowds® research is based on data collected on usage and deployment trends, products, and vendors. Users in all roles and throughout all industries contributed to provide a complete view of realities, plans, and perceptions of the market.

About Domo
Domo is the Business Cloud, empowering organizations of all sizes with BI leverage at cloud scale, in record time. With Domo, BI-critical processes that took weeks, months or more can now be done on-the-fly, in minutes or seconds, at unbelievable scale. For more information about how Domo (Nasdaq: DOMO) helps its customers go fast, go big and go bold, visit www.domo.com. You can also follow Domo on TwitterFacebook and LinkedIn.

Domo and Domo Business Cloud are registered trademarks of Domo, Inc.

Media Contact
Domo, Inc. pr@domo.com


FAQ

What did Domo achieve in the 2020 Dresner Wisdom of Crowds BI Market Study?

Domo achieved a perfect recommendation score for the fourth consecutive year and was recognized as a leader in both Customer Experience and Vendor Credibility.

How many consecutive years has Domo received a perfect recommendation score?

Domo has received a perfect recommendation score for four consecutive years.

What does the Dresner market study indicate about the BI market?

The study indicates a strong penetration of BI in the workforce, with better decision-making being a top objective.

What distinguishes Domo's Business Cloud in the BI market?

Domo's Business Cloud delivers BI capabilities at cloud scale in record time.

How many top Dresner rankings did Domo achieve in 2020?

Domo achieved three top Dresner rankings in 2020.

Domo, Inc. Class B

NASDAQ:DOMO

DOMO Rankings

DOMO Latest News

DOMO Stock Data

349.80M
33.00M
6.81%
68.32%
5.14%
Software - Application
Services-prepackaged Software
Link
United States of America
AMERICAN FORK