Domo Named Leader in Nucleus Research’s 2021 Embedded Analytics Technology Value Matrix

Rhea-AI Summary

Domo (Nasdaq: DOMO) has been recognized as a leader in Nucleus Research’s 2021 Value Matrix for Embedded Analytics Technology. The company was acknowledged for its extensive enterprise adoption and advanced embedding capabilities, which enhance its end-to-end data pipeline. Domo's investments in new features have strengthened its leadership position. The report highlights Domo Everywhere, an offering that allows users to create interactive data solutions. The analysis emphasized Domo's substantial investments in AI and machine learning, positioning it to adapt effectively to market demands.

Positive

• Named a leader in Nucleus Research’s 2021 Value Matrix for Embedded Analytics Technology.
• Significant enterprise adoption and ease of embedding advanced capabilities.
• Investment in data science, machine learning, and AI to meet market demands.

Negative

• None.

SILICON SLOPES, Utah--(BUSINESS WIRE)-- Today Domo (Nasdaq: DOMO), provider of the Domo Business Cloud, announced it was named a leader in Nucleus Research’s 2021 Value Matrix for Embedded Analytics Technology. The firm recognized Domo for its significant enterprise adoption, ease of embedding advanced capabilities, and the comprehensive, end-to-end nature of the platform spanning the full data pipeline. Domo’s investments in new and extended capabilities, which expanded the value of its platform, also helped the company secure the strong leadership position on the 2021 Value Matrix.

“Consumers and enterprises alike have a growing hunger for leveraging data to innovate and create new value,” said Josh James, founder and CEO, Domo. “Domo’s embedded analytics offering, Domo Everywhere, is part of our broader effort to make data more accessible and actionable for everyone and transform the way business is managed.”

Domo’s position in the Value Matrix is based on the sophistication of its platform functionality as well as ease of use, and was informed primarily by conversations with end-users, along with an analysis of recently released capabilities, features and areas of the company’s investment. The analysis highlights Domo’s cloud-based modern BI platform and its end-to-end data management capabilities including data ingestion, preparation, transformation and governance. The report also identifies the company’s significant investment in data science, machine learning and AI, which position Domo to easily adjust to market demands.

With Domo Everywhere, Domo goes beyond legacy embedded analytics to allow its customers to easily create data stories and distribute fully interactive data solutions to their customers and partners alike.

“Domo has built a truly robust cloud-based offering with end-to-end solutions,” said Dan Elman, research manager, Nucleus Research. “Domo’s commitment to developing new solutions that meets customers’ changing needs is evident in its embedded analytics technology and makes them a standout in this category.”

For a complimentary copy of the 2021 Value Matrix for Embedded Analytics Technology, visit here.

To learn more about how Domo can help your organization get BI leverage at cloud scale in record time, visit www.domo.com.

ABOUT NUCLEUS

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 (Nasdaq: DOMO) is the Business Cloud, transforming the way business is managed by delivering Modern BI for All^TM. With Domo, 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, visit www.domo.com. You can also follow Domo on Twitter, Facebook and LinkedIn.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20211122005040/en/

Cynthia Cowen

PR@domo.com

Source: Domo

FAQ

What recognition did Domo receive in 2021?

Domo was named a leader in Nucleus Research’s 2021 Value Matrix for Embedded Analytics Technology.

How did Domo achieve its leadership position in the Value Matrix?

Domo's leadership position was attributed to its significant enterprise adoption and advancements in embedding capabilities.

What is Domo Everywhere?

Domo Everywhere is an offering that allows users to create and distribute fully interactive data solutions.

What investments is Domo making to adapt to market demands?

Domo is investing significantly in data science, machine learning, and artificial intelligence.

Where can I find the 2021 Value Matrix for Embedded Analytics Technology?

A complimentary copy of the report can be obtained from Domo's website.