Domo Releases 10th Annual “Data Never Sleeps” Infographic

Rhea-AI Summary

Domo has released its 10th annual Data Never Sleeps infographic, highlighting a remarkable 1700% growth in digital engagement on platforms like Instagram and YouTube over the past decade. The report showcases a surge in digital connections, with Instagram users now posting approximately 66,000 photos per minute. However, not all platforms are thriving; Twitter has experienced a 40% decline in user posts year over year. Additionally, online spending has risen significantly, with Amazon shoppers spending $443,000 every minute. This underscores the critical role of data in a rapidly evolving digital landscape.

Positive

• Instagram posts increased from 3,600 to 66,000 per minute (1700% growth).
• $443,000 spent on Amazon every minute.
• Significant growth in Venmo transactions, up over 750%.

Negative

• Twitter user postings declined by 40% year over year.

A decade of minute-by-minute data shows 1700% increase in digital engagement on some platforms

SILICON SLOPES, Utah--(BUSINESS WIRE)-- Domo (Nasdaq: DOMO) today released the 10th edition of its Data Never Sleeps (DNS) infographic, the annual glimpse at how much data is generated on the internet every minute by the ways people interact online. Over the last decade of chronicling the world's data usage, Domo finds that use of services such as Instagram, YouTube, Amazon and Venmo among others has increased hundreds and even thousands of percentage points in some cases.

Data Never Sleeps 10.0 (Graphic: Business Wire)

“Over the years, Data Never Sleeps continues to showcase how people quickly adapt to and leverage the everchanging world of digital platforms, apps and tools to help them solve pain points, navigate economic and political events, and find community,” said John Mellor, Domo CEO. “Each click, post, swipe and share contributes to the massive volume of data being created and it’s no secret that this acceleration of data is not slowing down.”

A few highlights from "Data Never Sleeps 10.0" include:

Connecting the World: In the last decade, the frequency of digital connection has skyrocketed. Instagram users went from posting 3,600 photos per minute to nearly 66,000 today (a 1700% increase from DNS 1.0). Zoom users log 104,000 hours, Tinder users swipe 1.1 million times (up 164% from DNS 2.0), and smartphone owners send three times as many (16 million) texts today as they did in 2016 (DNS 4.0).

Not Everyone Wins: There’s no doubt the world is more digital but all platforms see their ups and downs. Although Twitter posts are up nearly 3X since the inaugural Data Never Sleeps (2013), the platform has actually seen a 40% decline in user postings year over year. DNS 9.0 showed 575,000 posts per minute while today, Twitter gets just over 347,000. Email has seen a relatively modest 13% increase in messages sent over the last 10 years while other communications platforms have seen increased usage by hundreds of percentage points.

Digital Dollars: The tendency towards convenient shopping and spending continues. Every minute, shoppers spend $443,000 on Amazon, crypto buyers purchase the equivalent of $90.2 million in cryptocurrency, and online event goers spend $12,938 in ticket purchases. Venmo users now send $437,595 worth of payments each minute (up more than 750% from DNS 5.0)

Continued Mellor, “In the last decade, we’ve seen dramatic economic swings, wars, and a pandemic but we’ve remained online, continuing to rely on the Internet to support our personal and business needs – from connecting and communicating to conducting transactions and real business. We believe that to succeed in an increasingly complex world, we need the right digital tools to engage, as well as the right digital tools to make sense of all the data created from the way people connect, communicate and transact across the globe.”

For more information and to view the full “Data Never Sleeps 10.0" infographic, visit: http://www.domo.com/data-never-sleeps/

About Domo

Domo transforms business by putting data to work for everyone. Domo’s low-code data app platform goes beyond traditional business intelligence and analytics to enable anyone to create data apps to power any action in their business, right where work gets done. With Domo’s fully integrated cloud-native platform, critical business processes can now be optimized in days instead of months or more. 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/20220921005308/en/

Cynthia Cowen

PR@domo.com

Source: Domo

FAQ

What insights does Domo's Data Never Sleeps 10.0 provide?

Domo's Data Never Sleeps 10.0 reveals a dramatic rise in digital engagement, with platforms like Instagram and YouTube seeing thousands of percentage points increase in data usage.

How much is spent on Amazon every minute according to Domo's report?

According to Domo's report, shoppers spend $443,000 on Amazon every minute.

What has happened to Twitter's user postings as reported by Domo?

Domo reports a 40% decline in Twitter user postings year over year.

What is the increase in Venmo transactions noted in Domo's infographic?

Venmo transactions have increased by over 750% according to Domo's Data Never Sleeps 10.0.

What does the Data Never Sleeps report indicate about digital connections?

The report indicates a skyrocketing frequency of digital connections, with significant increases in various platforms' usage.