STOCK TITAN

Domo Rated as an Exemplary Vendor in Ventana Research’s 2021 Mobile Analytics and Data Value Index

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Domo (Nasdaq: DOMO) has been recognized as an Exemplary vendor in Ventana Research’s 2021 Mobile Analytics and Data Value Index. This rating reflects Domo's strong performance across multiple categories, emphasizing product experience, customer experience, and overall value. The modern BI platform enhances organizations' capabilities to leverage data, supporting quick insights and decision-making in a mobile-first environment. Domo also earned recognition in Ventana’s analytics index and received the Ventana Digital Leadership Award for its partnership with Unilever during the pandemic.

Positive
  • Rated as an Exemplary vendor in Ventana Research’s 2021 Mobile Analytics and Data Value Index.
  • Strong performance in product and customer experience categories.
  • Domo's modern BI platform enhances data-driven decision-making for organizations.
  • Received the Ventana Digital Leadership Award for application of analytics supporting Unilever's philanthropic initiative.
Negative
  • None.

Domo (Nasdaq: DOMO) today announced it has been rated as an Exemplary vendor in Ventana Research’s 2021 Mobile Analytics and Data Value Index. The Value Index for Mobile Analytics and Data is based on a comprehensive examination of 18 vendors' products in seven evaluation categories weighted based on research to reflect buyers’ needs.

Five of the categories within the Value Index evaluate a product's experience and the ability to support the breadth and depth of business and technology needs for analytics and data, while the other two categories address customer experience and the supporting vendor validation and total cost of ownership/return on investment. Customer experience criteria include usability, manageability, reliability, capability and adaptability.

As an Exemplary vendor, Domo performed among the best in meeting the overall Product and Customer Experience requirements. Domo’s modern BI platform is recognized for helping companies build a data-driven business by increasing the use and value of data both inside and outside organizations. In a time where modern BI has become critical to running business, Domo’s mobile-first design provides access to real-time data, enabling you to quickly find insights, collaborate and make faster decisions from wherever you are.

“The value for an organization’s use of mobile technology with analytics and data is often overlooked and has a significant impact to the effectiveness in the usage with management to managers,” said Mark Smith, CEO and Chief Research Officer at Ventana Research. “Our Value Index examines how vendors' products will actually work with mobile devices like smartphones and tablets to ensure that it is addressed and thus providing organizations a higher confidence that the vendors and products they use are aligned to how business professionals operate in today’s on the go and mobile environment.”

Domo was also rated an Exemplary vendor in Ventana Research’s 2021 Analytics and Data Value Index and received the Ventana Digital Leadership Award in Analytics with its customer Unilever in November 2020 for the application of analytics in Unilever’s nationwide philanthropic initiative, United for America, during the coronavirus pandemic.

For more information on Ventana Research’s 2021 Value Index for Mobile Analytics and Business Intelligence, visit here.

About Ventana Research

Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana On-Demand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.

Ventana Research provides the most comprehensive analyst and research coverage in the industry; business and IT professionals worldwide are members of our community and benefit from Ventana Research’s insights, as do highly regarded media and association partners around the globe. Our views and analyses are distributed daily through blogs and social media channels including, Twitter, Facebook and LinkedIn.

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 Twitter, Facebook and LinkedIn.

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

FAQ

What recognition did Domo receive from Ventana Research in 2021?

Domo was rated as an Exemplary vendor in Ventana Research’s 2021 Mobile Analytics and Data Value Index.

What are the key areas evaluated in Ventana Research’s Mobile Analytics Index?

The index evaluates product experience and customer experience across several categories, including usability and adaptability.

Why is Domo's mobile-first design important?

Domo's mobile-first design allows users to access real-time data, facilitating quicker insights and decision-making on the go.

What award did Domo receive for its work with Unilever?

Domo received the Ventana Digital Leadership Award for its analytics application in Unilever’s philanthropic initiative during the pandemic.

Domo, Inc. Class B

NASDAQ:DOMO

DOMO Rankings

DOMO Latest News

DOMO Stock Data

365.45M
33.00M
6.81%
68.32%
5.14%
Software - Application
Services-prepackaged Software
Link
United States of America
AMERICAN FORK