In the Q2, Domo Inc 's corporate clients experienced a drop by -68.31 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -64.97 %. During the corresponding time, Domo Inc saw a revenue deteriorated by -3.59 % year on year, sequentially revenue fell by -2.24 %. While revenue at the Domo Inc 's corporate clients recorded rose by 13.6 % year on year, sequentially revenue grew by 5.08 %.
Customers of Domo Inc saw their costs of revenue drop by -68.31 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -64.97 %, for the same period Domo Inc revnue deteriorated by -3.59 % year on year, sequentially revenue fell by -2.24 %.
Domo Inc's Comment on Sales, Marketing and Customers
Domo provides a cloud-based platform that supports data integration, transformation, analysis, visualization, automation, and application development. The platform is designed to complement existing technology infrastructures and facilitate data operationalization across teams, partners, and external stakeholders. It integrates with major cloud data platforms including Snowflake, Databricks, Google BigQuery, Oracle, IBM Cloud, Dremio, Amazon Redshift, Azure SQL, MySQL, and Amazon Athena. Domo's platform includes AI and machine learning capabilities that allow access to third-party AI models and AI features with governance controls. It offers over 1,000 connectors and tools for connecting to on-premises sources, along with low-code data transformation and preparation functionalities.
In the ever-evolving landscape of technology, Domo Inc. (Nasdaq: DOMO), a leading AI and data products company, has consistently positioned itself at the forefront of harnessing data for business intelligence and innovation. With its recent announcements and achievements, Domo is reaffirming its commitment to transforming how businesses leverage data to drive growth and efficiency. From enhanced cloud integration capabilities with Google BigQuery to being recognized on the 2025 CRN Big Data 100 List, Domo is reshaping the way businesses approach big data and analytics. Enhanced Cloud Integration with Google BigQueryDomo has recently unveiled new cloud integration capabilities with Google s BigQuery, a unifi...
A Triumph of Innovation: Domo.AI Honored as Finalist in the Esteemed 2024 SaaS Awards In the hallowed halls of Silicon Slopes, Utah, a resplendent accolade has been bestowed upon the purveyor of advanced technologies, Domo (Nasdaq: DOMO). In a grand revelation that echoed through the corridors of the tech world, it was announced that the enchanting suite of artificial intelligence offerings, known as Domo.AI, has been nominated as a finalist in the illustrious Business Intelligence or Analytics category of the much-anticipated 2024 SaaS Awards. This venerable awards program, a distinguished beacon illuminating the crests of innovation, now encompasses a remarkable fifty-six categories, celebrating the pinnac...
In a digital age where data-driven insights are crucial for success across industries, Cenegenics, a leader in performance health technology, has partnered with Domo to revolutionize patient care. By leveraging Domo s cloud-native data and analytics platform, Cenegenics has gained real-time insights, optimized inventory management, and enhanced accessibility to data. This strategic collaboration has not only improved operational efficiency but has also paved the way for significant financial growth. This article explores the impact of Domo s platform on Cenegenics performance, as well as its influence on Domo s corporate customers and the broader market.Enhancing Patient Care through Data and Analytics:Cene...
Domo Inc. (Nasdaq: DOMO) has recently announced its collaboration with Fluxx, a cloud-based grants management solution, to enhance the intelligence and value provided to its customers. With over 400 foundations and government organizations utilizing Fluxx, including the top 20 grantmakers, this partnership aims to streamline the grantmaking process and yield more impactful results. This article explores the implications of this collaboration, along with key financial metrics and industry trends.Partnership Details:Fluxx, a leading grants management provider, has chosen Domo as its strategic partner to leverage data-driven insights for streamlined grantmaking. Since its establishment in 2010, Fluxx has suppor...
By Author, CSIMarket.com The latest announcement by Domo Inc., a software company listed on Nasdaq under the ticker DOMO, introduces the Domo Integration Suite. Dubbed Domo Samurai, this suite consolidates various award-winning components of Domo s cloud-native platform into a comprehensive, user-friendly solution. This new offering, designed to leverage Domo s robust multi-cloud data services, Magic ETL, and a myriad of native connectors, marks an essential milestone for the company. However, amid this promising development, a deeper look into the company’s latest financial performance reveals mixed signals. Revenue Dynamics and Cost Management In Q4, Domo Inc. experienced an interesting yet complex...
Harnessing the Power of Data: Domo Partners with Regional One Health Solutions and GUIDEcx to Improve Patient Outcomes and Enhance Data Access and AI CapabilitiesIn an effort to improve patient care, operational efficiencies, and decision-making processes, Domo, a leading data management and analytics company, has announced partnerships with both Regional One Health Solutions and GUIDEcx. By combining its expertise in healthcare with Domo s data-driven solutions, Regional One Health Solutions aims to drive meaningful operational and patient outcomes, while GUIDEcx seeks to enhance data access and AI capabilities for its customers.With the ever-growing importance of data in the healthcare industry, the partne...
The recent collaborations announced by Domo, a leading data management and analytics platform, with Regional One Health Solutions, GUIDEcx, and Zirous, underscore the company s commitment to utilizing data to improve patient outcomes and enhance decision-making capabilities for their customers. These partnerships demonstrate Domo s dedication to expanding its partner program and capitalizing on the power of data analytics and artificial intelligence (AI) to deliver tangible benefits. Domo and Regional One Health Solutions:Domo has partnered with Regional One Health Solutions, LLC, as part of its expanded partner program, focusing on empowering healthcare organizations to utilize data effectively in improvin...
Customer onboarding software leader, GUIDEcx, has recently joined forces with Domo (Nasdaq: DOMO) to provide customers with seamless access to advanced analytics and AI capabilities. This collaboration has resulted in the development of embedded analytics solutions that not only enhance efficiency but also reduce costs for GUIDEcx s clientele. As GUIDEcx s customers rely on quick and accurate data-driven insights during the onboarding process, this partnership promises to deliver timely and comprehensive information, elevating the customer experience.Partnership with Zirous:In another significant announcement, Domo announced that IT solutions provider Zirous has become a part of its Partner Program. As Zirou...
Domo and Zirous Forge Partnership to Enhance Data Utilization Amidst Varied Economic Challenges SILICON SLOPES, Utah - Today, Domo (Nasdaq: DOMO) announced its collaboration with IT solutions provider Zirous through Domo s Partner Program. Zirous is now a certified full reseller, referral, and implementation partner, set to empower its clientele with Domo s cutting-edge platform. This alliance aims to make data transparent and actionable across various business functions, equipping all employees with real-time insights vital for informed decision-making and substantial impact.Domo s cloud-based platform, renowned for its ability to democratize data across business hierarchies, helps organizations address t...
In the recently released Dresner Advisory Services 2024 Wisdom of Crowds Cloud Computing and Business Intelligence (BI) Market Study, Domo has once again secured the top spot as the leading vendor for the eighth year in a row. The ranking is based on confirmed functionality and weighted by both end-user feedback and analyst observations. This achievement highlights Domo s continued excellence in the cloud computing and BI industry.Financial Performance:During the fourth quarter, Domo Inc. witnessed a 2.24% reduction in costs of revenue among its corporate clients compared to the previous year. However, sequentially, the costs of revenue grew by 10.95%. Despite this, Domo Inc. recorded a remarkable 144.32% in...
Domo Inc’s Comment on Sales, Marketing and Customers
Domo provides a cloud-based platform that supports data integration, transformation, analysis, visualization, automation, and application development. The platform is designed to complement existing technology infrastructures and facilitate data operationalization across teams, partners, and external stakeholders. It integrates with major cloud data platforms including Snowflake, Databricks, Google BigQuery, Oracle, IBM Cloud, Dremio, Amazon Redshift, Azure SQL, MySQL, and Amazon Athena. Domo's platform includes AI and machine learning capabilities that allow access to third-party AI models and AI features with governance controls. It offers over 1,000 connectors and tools for connecting to on-premises sources, along with low-code data transformation and preparation functionalities.
Sources:
Domo Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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