Welcome to our dedicated page for Domo news (Ticker: DOMO), a resource for investors and traders seeking the latest updates and insights on Domo stock.
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) 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.
Domo (Nasdaq: DOMO) launched the Domo COVID-19 Vaccination Tracker, enhancing its free Coronavirus Global Tracker with accessible vaccination data. The tracker offers insights on global vaccination numbers, based on CDC and Our World In Data, and will evolve to provide predictions on herd immunity. The update aims to assist organizations in understanding vaccination impacts on public health and decision-making. This innovation demonstrates Domo's agility in adapting to new data sources to deliver actionable insights and support communities.
Domo (Nasdaq: DOMO) has been recognized as the top cloud business intelligence vendor for the fifth consecutive year in Dresner Advisory Services' 2021 Cloud Computing and BI Market Study. The report evaluated cloud BI capabilities, finding strong respondent interest with 91% considering it 'critical' or 'very important'. The study highlighted cost, access, and reduced resource requirements as significant benefits of cloud BI solutions compared to traditional methods. Domo's modern BI platform aims to support businesses in their cloud transition, ensuring agility and continuity.
Domo (Nasdaq: DOMO) has been recognized as an Exemplary vendor in Ventana Research’s 2021 Analytics and Data Value Index. This rating is based on an evaluation of 18 vendors across seven categories that assess both product experience and customer satisfaction. Domo excelled in usability, manageability, and customer experience metrics. Additionally, Domo previously received the Ventana Digital Leadership Award in Analytics for its collaboration with Unilever during the pandemic. The company focuses on leveraging data to enhance business value.
Domo (Nasdaq: DOMO) unveiled advanced capabilities at Domopalooza that enhance embedded analytics, facilitating data sharing and governance. The new Domo Everywhere features enable organizations to create tailored, branded analytics experiences for customers and suppliers. A Dresner Advisory Services study notes that 89% of businesses consider embedded analytics crucial. Domo aims to empower users with timely data insights, driving innovation and engagement. These developments position Domo to capitalize on the growing demand for embedded analytics, enabling extensive deployment across external subscribers.
Domo (Nasdaq: DOMO) launched over 100 new features aimed at simplifying data interaction for business decision-makers. Key highlights include:
- Dataset Views and Analyzer: Promotes faster data adoption with a guided analysis tool.
- NLG in Narrative Cards: Uses AI to create understandable data narratives, reducing misinterpretation.
- DDX Bricks: Allows users to build apps effortlessly with drag-and-drop technology.
This update reinforces Domo's commitment to making data accessible, fostering data curiosity across organizations.
Domo (Nasdaq: DOMO) has strengthened its collaboration with Amazon Web Services (AWS) through new integrations announced at Domopalooza. This includes Domo for Amazon Redshift, allowing users to manage data directly within Amazon Redshift for enhanced analytics. Additionally, Domo has integrated over 3,000 data products from AWS Data Exchange into its Appstore, facilitating superior data-driven decision-making. Moreover, Domo AutoML, in partnership with Amazon SageMaker, accelerates machine learning deployments, exemplified by Freddy's Frozen Custard & Steakburgers reducing model deployment time significantly.
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