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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) has launched a new native integration with Snowflake, allowing businesses to enhance their cloud investments. The integration places advanced business intelligence (BI) directly atop the Snowflake platform, enabling users to access and manage their data effectively. Domo for Snowflake offers features like reading and writing to Snowflake, creating databases, and robust data governance. This innovation aims to streamline cloud data management and alleviate enterprise security concerns by minimizing data movement.
Domo (Nasdaq: DOMO) is set to host a virtual session for investors and financial analysts during Domopalooza 2021. The presentation will take place on March 25, 2021, at 10:00 AM MT (12:00 PM ET). A live webcast will be available on the Domo Investor Relations website. Domo, known for its Business Cloud, enables businesses to leverage business intelligence rapidly and at scale, enhancing operational efficiency. For more details, visit Domo Investor Relations.
Domo (Nasdaq: DOMO) has appointed two new executives to enhance its growth initiatives. Vita Shannon joins as vice president of partnerships, leveraging her experience at KPMG and Oracle to expand Domo's strategic partner ecosystem. Shelley Morrison, previously at Accenture Interactive, takes on the role of vice president of demand center, aiming to improve demand generation strategies. Both executives bring extensive backgrounds in business development and growth execution, positioning Domo to accelerate its business momentum in the modern BI space.
Domo (Nasdaq: DOMO) announced that its management will present at two upcoming conferences: the JMP Securities Technology Conference on March 2, 2021, at 2:30 PM ET, and the Morgan Stanley Technology, Media and Telecom Conference on March 4, 2021, at 12:30 PM ET. A live webcast of these presentations will be available on the Domo Investor Relations website.
The Domo Business Cloud empowers organizations by providing business intelligence capabilities that enable faster data processing and decision-making.
Domo (Nasdaq: DOMO) has been named a Challenger in the 2021 Gartner Magic Quadrant for Analytics and BI Platforms, marking a significant move from its previous status as a Niche Player. This recognition highlights Domo’s completeness of vision and ability to execute. Gartner underlines the growing importance of analytics and BI in digital business transformation. Domo maintains a customer rating of 4.7 out of 5 on Gartner Peer Insights, indicating strong user satisfaction with a 94% recommendation rate.
Domo (Nasdaq: DOMO) will release its financial results for the fourth quarter and full-year fiscal 2021 on March 11, 2021, after market close. A conference call will be held at 3:00 p.m. MT to discuss these results. Participants can register for the call here. Domo, known for its Business Cloud, enhances business intelligence processes, allowing for rapid data handling and scalability. Additional information will be accessible on the Domo Investor Relations website.
Domo (Nasdaq: DOMO) announced the virtual event Domopalooza 2021, scheduled for March 24, 2021. This annual customer event will showcase Domo's modern BI platform through keynotes, product news, and breakout sessions, emphasizing data-driven decision-making. Domo's CEO, Josh James, highlighted the past year's challenges and the need for organizations to accelerate digital transformation. Attendees will learn from industry experts and over 60 presentations, promoting innovative methods to leverage high-value data. Registration is now open for interested participants.
Domo (Nasdaq: DOMO) has been recognized as a winner in the Dresner Advisory Services 2020 Technology Innovation Awards. This marks Domo's fourth consecutive year as a multiple-category winner, acknowledged for its leadership in four thematic studies, including the Big Data Market Study and Self-Service BI Market Study. The awards highlight Domo's ability to provide real-time insights and flexibility, crucial during the economic challenges posed by COVID-19. The recognition is based on data collected from end users, showcasing Domo's strong performance in the business intelligence market.
Domo (Nasdaq: DOMO) has been recognized with the 2020-2021 Cloud Award for Best Cloud Business Intelligence or Analytics Solution. This marks the fifth consecutive year that Domo has received this honor from the prestigious Cloud Awards, distinguishing itself among 22 competitors for its ability to deliver scalable BI solutions efficiently. Domo’s founder, Josh James, emphasized the company's commitment to transforming data accessibility in organizations, showcasing the dedication of its team in providing remarkable technology solutions.
Domo (Nasdaq: DOMO) announces its achievement of Premier status in Snowflake’s Partner Connect Program. This certification validates Domo's high-speed federated connector, enhancing data management capabilities for customers using Snowflake’s platform. The partnership, initially formed in October 2019, allows organizations to consolidate their data and execute analytics efficiently. Domo’s modern BI platform is designed to provide actionable insights quickly, supporting decision-makers across various sectors. This milestone underscores Domo's commitment to optimizing data user experience.
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