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Domo Partners with Koantek to Deliver Transformative Data and AI Solutions

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Domo (Nasdaq: DOMO) has announced a strategic partnership with Koantek, a global technology services and data solutions provider. The collaboration focuses on establishing native, bi-directional data flow between Domo and the Databricks Data Intelligence Platform.

As Domo's first Databricks implementation partner, Koantek will help integrate both platforms to enhance data management, advanced analytics, and visualization capabilities. The partnership aims to deliver rapid, actionable insights through AI and analytics, providing clients with real-time data accessibility.

The collaboration emphasizes transparent and permission-based AI implementation, enabling businesses to leverage new technologies while avoiding siloed and ineffective practices. Through this partnership, mutual customers can build data intelligence and harness AI-driven insights to improve business performance.

Domo (Nasdaq: DOMO) ha annunciato una partnership strategica con Koantek, un fornitore globale di servizi tecnologici e soluzioni dati. La collaborazione si concentra sull'instaurare un flusso di dati nativo e bidirezionale tra Domo e la Piattaforma di Intelligenza Dati Databricks.

In qualità di primo partner di implementazione di Databricks per Domo, Koantek aiuterà a integrare entrambe le piattaforme per migliorare la gestione dei dati, l'analisi avanzata e le capacità di visualizzazione. L'obiettivo della partnership è fornire informazioni rapide e praticabili attraverso l'IA e l'analisi, offrendo ai clienti un'accessibilità ai dati in tempo reale.

La collaborazione sottolinea l'importanza di un'implementazione dell'IA trasparente e basata su autorizzazioni, consentendo alle aziende di sfruttare le nuove tecnologie evitando pratiche isolate e inefficaci. Grazie a questa partnership, i clienti comuni possono costruire intelligenza dei dati e sfruttare le intuizioni guidate dall'IA per migliorare le prestazioni aziendali.

Domo (Nasdaq: DOMO) ha anunciado una asociación estratégica con Koantek, un proveedor global de servicios tecnológicos y soluciones de datos. La colaboración se centra en establecer un flujo de datos nativo y bidireccional entre Domo y la Plataforma de Inteligencia de Datos de Databricks.

Como primer socio de implementación de Databricks para Domo, Koantek ayudará a integrar ambas plataformas para mejorar la gestión de datos, el análisis avanzado y las capacidades de visualización. El objetivo de la asociación es proporcionar información rápida y accionable a través de la IA y el análisis, brindando a los clientes acceso a datos en tiempo real.

La colaboración enfatiza la implementación de IA transparente y basada en permisos, permitiendo a las empresas aprovechar nuevas tecnologías mientras evitan prácticas aisladas e ineficaces. A través de esta asociación, los clientes mutuos pueden construir inteligencia de datos y aprovechar las percepciones impulsadas por la IA para mejorar el rendimiento empresarial.

Domo (Nasdaq: DOMO)는 글로벌 기술 서비스 및 데이터 솔루션 제공업체인 Koantek와 전략적 파트너십을 발표했습니다. 이 협력은 Domo와 Databricks 데이터 인텔리전스 플랫폼 간의 네이티브 양방향 데이터 흐름을 구축하는 데 중점을 두고 있습니다.

Domo의 첫 Databricks 구현 파트너인 Koantek은 두 플랫폼을 통합하여 데이터 관리, 고급 분석 및 시각화 기능을 향상시키는 데 도움을 줄 것입니다. 이 파트너십의 목표는 AI 및 분석을 통해 신속하고 실행 가능한 인사이트를 제공하여 고객에게 실시간 데이터 접근성을 제공하는 것입니다.

이 협력은 투명하고 권한 기반의 AI 구현을 강조하며, 기업이 새로운 기술을 활용하면서 고립되고 비효율적인 관행을 피할 수 있도록 합니다. 이 파트너십을 통해 상호 고객들은 데이터 인텔리전스를 구축하고 AI 기반 인사이트를 활용하여 비즈니스 성과를 개선할 수 있습니다.

Domo (Nasdaq: DOMO) a annoncé un partenariat stratégique avec Koantek, un fournisseur mondial de services technologiques et de solutions de données. La collaboration se concentre sur l'établissement d'un flux de données natif et bidirectionnel entre Domo et la plateforme d'intelligence des données Databricks.

En tant que premier partenaire d'implémentation de Databricks pour Domo, Koantek aidera à intégrer les deux plateformes afin d'améliorer la gestion des données, l'analyse avancée et les capacités de visualisation. L'objectif du partenariat est de fournir des informations rapides et exploitables grâce à l'IA et à l'analyse, offrant aux clients un accès aux données en temps réel.

La collaboration met l'accent sur une mise en œuvre de l'IA transparente et basée sur des autorisations, permettant aux entreprises de tirer parti des nouvelles technologies tout en évitant des pratiques isolées et inefficaces. Grâce à ce partenariat, les clients communs peuvent construire une intelligence des données et exploiter des insights pilotés par l'IA pour améliorer la performance commerciale.

Domo (Nasdaq: DOMO) hat eine strategische Partnerschaft mit Koantek, einem globalen Anbieter von Technologiedienstleistungen und Datenlösungen, angekündigt. Die Zusammenarbeit konzentriert sich darauf, einen nativen, bidirektionalen Datenfluss zwischen Domo und der Databricks Data Intelligence Platform zu etablieren.

Als erster Implementierungspartner von Databricks für Domo wird Koantek helfen, beide Plattformen zu integrieren, um das Datenmanagement, die fortgeschrittene Analyse und die Visualisierungsmöglichkeiten zu verbessern. Ziel der Partnerschaft ist es, schnelle, umsetzbare Erkenntnisse durch KI und Analysen zu liefern und den Kunden den Zugriff auf Echtzeitdaten zu ermöglichen.

Die Zusammenarbeit betont die transparente und berechtigungsbasierte Implementierung von KI, die es Unternehmen ermöglicht, neue Technologien zu nutzen und gleichzeitig isolierte und ineffektive Praktiken zu vermeiden. Durch diese Partnerschaft können gemeinsame Kunden Datenintelligenz aufbauen und KI-gesteuerte Erkenntnisse nutzen, um die Unternehmensleistung zu verbessern.

Positive
  • Strategic partnership enhances Domo's data integration capabilities
  • First official Databricks implementation partnership
  • Expansion of AI and ML service offerings
Negative
  • None.

Insights

Domo's strategic partnership with Koantek represents a technical ecosystem expansion rather than an immediate revenue driver. As Domo's first Databricks implementation partner, Koantek will facilitate bi-directional data flow between Domo's visualization platform and Databricks' data processing environment - addressing a critical integration point in the modern data stack.

The partnership targets enterprises looking to consolidate their data infrastructure while maintaining specialized tools for different functions. For Domo (market cap: $301.9M), this integration addresses a potential competitive vulnerability by strengthening connections to the increasingly dominant Databricks ecosystem.

While positioned as transformative, this announcement lacks specific financial projections or major customer commitments. Integration partnerships typically enhance product stickiness and reduce churn more than driving significant new revenue streams. The focus on AI capabilities aligns with market trends but remains largely aspirational without detailing specific AI functionality beyond standard analytics.

This partnership represents incremental product evolution rather than business transformation. For investors, it indicates Domo is executing on necessary ecosystem integration, though unlikely to significantly alter its competitive position or financial trajectory in the near term.

This partnership announcement positions Domo to strengthen its data integration capabilities through Koantek's expertise in implementing Databricks connections. For a smaller player like Domo in the competitive business intelligence market, forming strategic alliances is essential for maintaining relevance.

The core value proposition centers on bi-directional data flow between platforms - a technical integration that improves workflow efficiency for joint customers but isn't revolutionary in the analytics space. Most leading BI vendors already offer similar Databricks connectors.

From a competitive standpoint, this partnership may help Domo defend against customer migration to all-in-one platforms while potentially opening sales opportunities within Koantek's client base. However, the announcement lacks quantifiable business metrics or specific customer adoption targets.

The emphasis on AI capabilities appears largely aspirational and aligned with industry marketing trends. The mentions of "AI-driven decision-making" lack specific implementation details or differentiated functionality beyond standard analytics features.

For investors in Domo, this partnership demonstrates the company is executing on necessary ecosystem expansion strategies, but represents basic competitive maintenance rather than a catalyst for meaningful growth acceleration or margin improvement.

SILICON SLOPES, Utah--(BUSINESS WIRE)-- Today Domo (Nasdaq: DOMO) announced that Koantek, a global provider of technology services and data solutions, has partnered with Domo to collaborate and develop tailored data strategies and enhance decision-making. The collaboration between Domo and Koantek is focused on the native, bi-directional data flow between Domo and the Databricks Data Intelligence Platform. This integration enables businesses to harness the full potential of their data assets through enhanced data integration, advanced analytics and intuitive visualization tools that drive operational efficiency and strategic insights.

Domo and Koantek, which specializes in AI and ML (Machine Learning) solutions, aim to streamline joint customer data management between the Domo platform and Databricks’ Data Intelligence Platform. By integrating Domo into its service offerings, Koantek will deliver rapid, actionable insights through robust AI and analytics capabilities, provide mutual clients with real-time data accessibility and foster AI-driven decision-making that propels business impact.

“We’re excited to be Domo’s first Databricks implementation partner,” said Eddie Edgeworth, CTO of Koantek. “Domo customers looking to leverage the benefits of Databricks will experience Koantek’s comprehensive solutions that maximize their data investments. With our reliable, secure and efficient implementation approach, Domo customers will improve time to value, reduce risk and fully leverage the benefits of Domo's data analysis and visualization.”

“In a time of rapid AI development, it’s critical that businesses are able to leverage new, evolving technologies while avoiding siloed, expensive and ineffective practices,” said RJ Tracy, Domo’s Chief Revenue Officer. “With a focus on transparency and governance, our flexible AI service layer enables companies to securely engage, automate and act on corporate data through transparent and permission-based AI implementation. Domo’s partnership with Koantek will help mutual customers leverage Databricks to build data intelligence and harness AI-driven insights that impact business performance, giving users time back to focus on their innovation and customer needs.”

To learn more about how innovative organizations like Koantek are partnering with Domo to put data to work for everyone, visit www.domo.com/partners.

About Koantek

Koantek is a global provider of technology services and data solutions specializing in Artificial Intelligence and Machine Learning. Focusing on delivering customized solutions, Koantek empowers businesses to harness the transformative power of data to drive growth. The company's team of experts combines deep knowledge with best-in-class technologies, tools, and methodologies to drive innovation and optimize business outcomes. Koantek serves clients across various industries, enabling them to unlock new opportunities and gain a competitive edge in the age of AI. Koantek was recognized as the 2024 Databricks Innovation Partner of the Year, the 2023 Databricks Velocity Partner of the Year and the 2022 Databricks Rising Star of the Year. The company has over 145 certified Databricks experts and is part of the Databricks Brickbuilder Program. For more information, visit www.koantek.com.

About Domo

Domo is an AI and Data Products platform that helps companies of all sizes leverage data and AI to drive value in today’s data-driven world. Built around our customer’s preferred data foundation, powered by our award-winning Domo.AI solution, and enriched with our partner ecosystem, the Domo platform enables users to prepare, visualize, automate, distribute, and build end-to-end data products that provide solutions across the entire data journey. From hydrating your data foundation, to building fully embedded applications that can be shared with your employees and customers, to deploying AI models across a variety of providers, Domo gives users the ability to build data products that generate measurable value for the business.

For more information, visit www.domo.com. You can also follow Domo on LinkedIn, X and Facebook.

Domo is a registered trademark of Domo, Inc.

Cynthia Cowen

PR@domo.com

Source: Domo, Inc.

FAQ

What is the main focus of Domo and Koantek's partnership?

The partnership focuses on creating native, bi-directional data flow between Domo and the Databricks Data Intelligence Platform, enhancing data integration and analytics capabilities.

How will DOMO customers benefit from the Koantek partnership?

Customers will gain improved time to value, reduced risk, and enhanced data analysis through Koantek's comprehensive implementation solutions for Databricks integration.

What AI capabilities does DOMO offer through this partnership?

Domo provides a flexible AI service layer with transparent, permission-based implementation for secure data engagement, automation, and actionable insights.

What role does Koantek play in DOMO's Databricks integration?

Koantek serves as Domo's first Databricks implementation partner, specializing in AI and ML solutions to streamline joint customer data management.

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