Domo Releases Ninth Annual “Data Never Sleeps” Infographic

Rhea-AI Summary

Domo (NASDAQ: DOMO) has released its "Data Never Sleeps 9.0" infographic, analyzing online consumer behavior and digital trends amid the pandemic. The report indicates a 10% increase in internet users from January to July 2021, totaling 5.17 billion. Highlights include:

• 856 minutes of webinars on Zoom every minute.
• Netflix users watching 140 million hours daily.
• Online shopping accounting for over $283,000 spent on Amazon per minute.

This edition demonstrates the accelerating digitization and its implications for future work dynamics.

Positive

• Increase in internet users by 10% from January to July 2021, totaling 5.17 billion.
• Zoom hosts 856 minutes of webinars every minute, indicating high demand for remote collaboration tools.
• Netflix's 117 million subscribers watch 140 million hours of content daily, reflecting growth in the streaming sector.
• Over $283,000 spent on Amazon per minute, showing robust online shopping activity.

Negative

• None.

Latest report showcases how the global pandemic has increased the digitization of daily life

SILICON SLOPES, Utah--(BUSINESS WIRE)-- Today, Domo (NASDAQ: DOMO) released the "Data Never Sleeps 9.0" infographic, its annual look at online consumer behavior and how we use, generate, and view data every minute across high-traffic platforms and applications, from Instagram to Instacart and YouTube to Netflix. Originally introduced in 2013, “Data Never Sleeps” is a glimpse into the sheer volume, velocity and variety of data generated and distributed over the internet, and Domo's ninth consecutive infographic illustrates the impact of the coronavirus pandemic on the increasing digitization of daily life.

Data Never Sleeps 9.0 (Graphic: Business Wire)

2020 upended everything, from how we engage with each other, with brands and with the digital world, and the pandemic transformed how we eat, how we work and how we entertain ourselves. Additionally, the pandemic contributed to a sweeping upward trend in internet usage. From January to July 2021, the number of people that accessed the internet jumped by 10%, with 5.17 billion people, or 65% of the population, logging on.

Data never sleeps, and it shows no signs of slowing down. Domo's 9th edition of the “Data Never Sleeps” infographic highlights digital trends in our increasingly data-driven world, including:

The (Home) Office: As the pandemic spread, many offices moved their workforces online—and for many employees, remote work will become the norm rather than the exception. As a result, collaborative office tools have been more necessary than ever before, with Zoom hosting 856 minutes of webinars every minute and 100,694 people connecting on Microsoft Teams, which is up 93% from last year (52,083 in DNS 8.0).

From the silver screen to the small screen: With movie theaters shuttered, the film industry scrambled to find new ways to create and curate content, and streaming services became king. In the first half of 2021, Netflix's 117 million subscribers watched 140 million hours of content every day. The average person spent an hour on streaming services every day in 2021—double the time they spent in 2020. On YouTube, livestreams increased by 45%, with users watching 694,444 hours of video each minute.

Being social, virtually: From virtual birthday parties, to Zoom concerts, being social in this new world order has been safely from behind our screens. People sent 12 million iMessages every minute, and upload nearly 240,000 photos on Facebook, a 63% change year over year (147,000 in DNS 8.0). A relative newcomer to the online social space, Clubhouse, saw more than 208 rooms created every minute, while viral video favorite TikTok had users that watched approximately 167 million clips.

Virtual transactions that aren’t NFTs: There has been plenty said about cryptocurrency and NFTs, but what about good old-fashioned virtual purchases? With quarantine in place in many areas across the world, online shopping continues to be the preference, with more than 6 million people shopping online in any given minute of the day. Shoppers spend $283,000 on Amazon per minute, while Instacart shoppers spend nearly $67,000. Additionally, peer-to-peer payments increased year-over-year, with Venmo users sending $304,414 per minute (compared to $239,196 in DNS 8.0).

“Over the past year, companies continued to accelerate digital initiatives to empower business agility and the new remote workforce. Our annual Data Never Sleeps report looks at the impact of increased digitization in our daily lives and also how technology enables us to re-imagine the future of work,” said Josh James, founder and CEO, Domo.

For additional information and to view the full “Data Never Sleeps 9.0" infographic, visit here.

About Domo

Domo (Nasdaq: DOMO) is the Business Cloud, transforming the way business is managed by delivering Modern BI for All™. 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/20210929005835/en/

Cynthia Cowen

PR@domo.com

Source: Domo

FAQ

What are the key findings from Domo's Data Never Sleeps 9.0 report?

Domo's Data Never Sleeps 9.0 report highlights a 10% increase in internet users, remote work trends with 856 minutes of Zoom webinars every minute, and significant online shopping activity.

How has the pandemic influenced online consumer behavior according to Domo?

The pandemic has accelerated digital initiatives, with increased internet usage and a shift towards remote work, as seen in the report's statistics.

What is the significance of the Data Never Sleeps 9.0 infographic for investors?

The report underscores the growing digital landscape, indicating potential market opportunities and areas of investment in technology and online services.

How many people accessed the internet according to Domo's latest report?

According to the report, 5.17 billion people, or 65% of the global population, accessed the internet by July 2021.

What trends in online shopping did Domo identify in their report?

The report reveals that more than 6 million people shopped online every minute, with $283,000 spent on Amazon.