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Domo, Inc. (DOMO) is a leading company that provides a cloud-based platform aimed at optimizing business performance by connecting data, systems, and people within an organization. With an impressive backing of over $500 million from top-tier investors and spearheaded by seasoned professionals from renowned technology companies, Domo ensures real-time access to data and insights, empowering every employee from the CEO to the frontline workers.
The Domo platform serves as a subscription-based service, enabling users to manage their business operations from their smartphones. Key features include real-time notifications on any device, immediate actions on invitations, and seamless write-backs to the original systems of record. This innovative approach allows businesses to stay agile, make data-driven decisions, and improve overall efficiency.
Recent achievements include expanding their customer base and continuously enhancing their platform's capabilities to meet the evolving needs of modern businesses. Domo's partnerships with various industries highlight its versatility and effectiveness in diverse business environments.
Financially, Domo has shown steady growth, driven by its strong subscription revenue model and professional services. The company's focus on continuous improvement and customer satisfaction places it as a significant player in the cloud-based business intelligence sector.
Stay updated with the latest news and developments about Domo, Inc. to understand its impact on the business intelligence landscape and its potential for future growth.
Domo (Nasdaq: DOMO) received an honorable mention in the Fast Company 2021 World Changing Ideas Awards for its COVID-19 tracker, which curates and shares data from trusted sources. The tracker, created in March 2020, updates data every 10 minutes and allows users to explore pandemic statistics globally or locally. It is designed for easy embedding by users and has been utilized by nearly 800 customers. Domo's tracker also recently won two Webby Awards in the Data Management category, reflecting its significant impact on business metrics during the pandemic.
Domo (Nasdaq: DOMO) will present at three upcoming conferences: the 16th Annual Needham Virtual Technology & Media Conference on May 20, 2021, at 3:45 PM ET; Cowen's 49th Annual Technology Media & Telecom Conference on June 2, 2021, at 3:50 PM ET; and the William Blair 41st Annual Growth Stock Conference on June 3, 2021, at 5:00 PM ET. Live webcasts will be available on Domo's Investor Relations website. Domo empowers organizations with its Business Cloud, enabling rapid BI processes at scale.
Domo (Nasdaq: DOMO) partners with Unilever U.S. for its second annual Day of Service, supporting pandemic relief through data analytics. This collaboration utilizes Domo Everywhere to track volunteer efforts across Unilever and over 170 partners, enhancing transparency and impact sharing. Unilever's previous initiative provided over $20 million in aid during the COVID-19 crisis, earning industry recognition. Domo's flexible technology continues to drive community support and facilitate collaboration among stakeholders.
Domo (Nasdaq: DOMO) and CHOICE Humanitarian have been recognized in the Fast Company 2021 World Changing Ideas Awards for their work combating poverty in Nepal. Through Domo's BI platform, CHOICE conducted a survey of 13,000 families, revealing a drop in extreme poverty from 20% to 5.4% over three years. This initiative showcases data's transformative role in improving resource allocation and enhancing impact in the non-profit sector. Domo's COVID-19 tracker also received an honorable mention, highlighting its utility for government responses during the pandemic.
Domo (Nasdaq: DOMO) has announced that it will release its first-quarter fiscal 2022 results on May 27, 2021, after market close. A conference call is scheduled for the same day at 5:00 p.m. ET to discuss the financial results with investors. Participants must register in advance for the call, with a live webcast available on the Domo Investor Relations website. A replay will be accessible until June 10, 2021. Domo continues to empower organizations with its Business Cloud, facilitating rapid business intelligence like never before.
Domo (Nasdaq: DOMO) has been recognized as an Exemplary vendor in Ventana Research’s 2021 Embedded Analytics and Data Value Index. This rating is based on a thorough evaluation of 18 vendors across seven categories, focusing on product experience, customer experience, and total cost of ownership. Domo’s modern BI platform enhances data value by enabling organizations to embed custom analytics within their portals and applications. The recognition underscores Domo's commitment to analytics excellence and innovation, crucial for supporting business processes.
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.
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