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Domo Inc - DOMO STOCK NEWS

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.

Overview of Domo Inc

Domo Inc offers a sophisticated cloud-based platform that integrates data from multiple sources and systems, enabling organizations to harness real-time business intelligence and analytics. With its subscription-based model, the platform serves as a central hub where data is seamlessly connected, processed, and delivered to users on any device, including smartphones. Keywords such as "cloud-based analytics", "business intelligence", and "enterprise software" are at the heart of its service offering.

Integrated Data and Mobile Accessibility

Domo is designed to optimize business operations by ensuring that data, insights, and key personnel are connected regardless of location. The platform provides an intuitive interface that allows users to receive notifications and perform actionable tasks on the go. Every employee, from top executives to frontline workers, can leverage the power of immediate and informed decision making through a securely integrated ecosystem.

Business Model and Revenue Generation

The company operates on a subscription-based revenue model, where organizations select tailored service plans that suit their operational needs. Alongside its core subscription service, Domo offers professional services that help businesses implement and optimize the use of its digital platform. This model supports scalable growth while ensuring continuous access to innovative data management and analytics solutions.

Key Features and Technological Strengths

Domo's platform is built to handle the complexities of modern data integration across various systems. Important features include:

  • Real-Time Data Access: Immediate visibility into operational metrics enables users to respond swiftly to market changes.
  • Cross-Device Functionality: Consistent, mobile-first experiences make data actionable on any platform.
  • Actionable Notifications: Automated alerts and system updates foster proactive engagement with business processes.
  • Data-Driven Collaboration: The platform facilitates collaboration across departments by connecting key stakeholders with the precise data they need.

Competitive Landscape and Market Position

Within the competitive domain of cloud-based analytics and digital transformation, Domo distinguishes itself through its comprehensive integration approach. Unlike platforms that cater solely to data analytics or business intelligence, Domo’s technology bridges the gap between raw data and strategic action. Its ability to connect disparate data systems, coupled with a strong subscription and professional service model, provides a unique value proposition that challenges traditional data management solutions in the industry.

Expertise and Operational Efficiency

Backed by significant investment and guided by a management team with deep roots in renowned technology companies, Domo Inc exhibits a strong foundation of industry expertise. This experience translates into a platform that not only handles vast arrays of data but also transforms them into clear, actionable insights. The company’s operational efficiency is reflective of its dedication to bridging technical innovation with practical business needs, thereby reinforcing its position as a trusted resource for enterprise-level data management.

Industry Terminology and Insights

For investors and industry experts, understanding the underlying technology and service model is crucial. Domo leverages advanced cloud computing and SaaS methodologies to ensure that its platform remains robust and scalable. This strategic use of technology, combined with its seamless integration of mobile accessibility, aligns it with broader trends in digital transformation. Detailed analysis of its approach reveals a commitment to improving business outcomes by ensuring that data-driven decision-making becomes an integral part of all organizational levels.

Concluding Insights

Domo Inc stands as a comprehensive solution in the realm of business intelligence and cloud-based analytics. By uniting critical data streams, systems, and personnel, the platform not only boosts internal efficiencies but also empowers organizations to respond dynamically to market developments. The transparent and expert-driven nature of its service offering makes it a significant entity within its competitive landscape.

Rhea-AI Summary
Domo (DOMO) releases App Studio and updates Workflows at Domopalooza, enhancing low-code app building and automation capabilities. App Studio offers new features like expanded theme engine, tailored navigation, and native mobile experience, while Workflows introduces third-party integrations, design canvas, and Queues for streamlined processes.
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Domo (DOMO) announced enhancements to Cloud Amplifier, enabling seamless integration with multiple cloud data platforms for actionable AI-driven insights. The update includes Magic ETL, allowing efficient data querying and transformation in native systems. Users can now access data from leading cloud platforms like Snowflake, Google BigQuery, and Databricks, with new integrations for Azure SQL, MySQL, and Amazon Athena coming soon. Customizable settings for data refresh rates aim to optimize cloud costs. Testimonials highlight increased productivity and streamlined data access with added governance through Cloud Amplifier.
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Domo (DOMO) announces new features for Domo.AI at Domopalooza, offering users more tools to optimize AI models for unique business needs. The updates include AI Chat and Universal Models, enhancing user experiences and making AI technology more accessible. Domo also introduces AI Model Management and the ResponsibleGPT App to empower users in leveraging AI for business impact.
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Domo (DOMO) introduces Magic ETL capabilities on Snowflake Data Cloud at Domopalooza, enhancing data management and actionable intelligence for joint customers. The partnership aims to optimize performance with speed and agility, leveraging Domo's features such as data integration, BI and analytics, app creation, data integrity, cloud scale, and security tools.
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Domo (Nasdaq: DOMO) announces winners of the second annual Domo Community Ovation Awards, recognizing innovative uses of data and Domo by customers. The awards highlight AI leadership, business applications, community impact, philanthropy, and more, with winners across various categories.
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Domo (DOMO) Chief Design Officer to Lead Sessions at Data Universe Conference on AI and Business Intelligence
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Domo (DOMO) announced speakers for Domopalooza® 2024: The AI + Data Conference, including Lindsay Holden of Odele, Dr. Reginald Coopwood of Regional One Health, and David Abeles of TaylorMade. The event will focus on leveraging data for growth in competitive fields and exploring new possibilities for AI and data in 2024.
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Domo (DOMO) partners with Banco Bilbao Vizcaya Argentaria (BBVA) to enhance digital transformation goals, streamlining operations and customer data access. BBVA benefits from Domo's platform to improve customer experiences and operational efficiency.
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Domo (DOMO) partners with Outcast to enhance data analytics for marketing campaigns
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Domo announces Domopalooza 2024 with Allie K. Miller as keynote speaker. The event will focus on leveraging artificial intelligence to take action on data, offering networking opportunities and instructional workshops. Attendees can register for the event in Salt Lake City, Utah.
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FAQ

What is the current stock price of Domo (DOMO)?

The current stock price of Domo (DOMO) is $7.9 as of April 1, 2025.

What is the market cap of Domo (DOMO)?

The market cap of Domo (DOMO) is approximately 307.6M.

What is the core business of Domo Inc?

Domo Inc provides a cloud-based platform that integrates data, systems, and people to deliver real-time business intelligence and analytics across organizations.

How does Domo generate its revenue?

The company operates on a subscription-based model, offering its cloud services along with professional services to help implement and optimize data-driven solutions.

What are the key features of Domo's platform?

Its main features include real-time data access, cross-device functionality, actionable notifications, and a strong focus on data integration that connects all parts of an organization.

How does Domo support mobile and remote business operations?

Domo's platform is designed with mobile accessibility in mind, ensuring that employees can receive alerts and act on insights from anywhere, making real-time decision making seamless.

What makes Domo's offering competitive in the market?

Domo differentiates itself by combining cloud-based analytics with a system that connects multiple data sources and stakeholders, backed by robust professional services and technological expertise.

How does Domo facilitate data-driven decision making for businesses?

The platform provides real-time notifications and an integrated view of business data, enabling all levels of an organization to make informed and timely decisions.

How is Domo integrated into existing business systems?

Domo connects with various existing data systems and processes, ensuring a seamless integration that allows for data capture, analysis, and actionable insights across organizational layers.
Domo Inc

Nasdaq:DOMO

DOMO Rankings

DOMO Stock Data

307.58M
33.33M
6.41%
71.16%
3.99%
Software - Application
Services-prepackaged Software
Link
United States
AMERICAN FORK