Comparing the current results to its competitors, Domo Inc reported Revenue decrease in the 1 quarter 2026 year on year by -1.13 %, despite the revenue increase by the most of its competitors of 12.05 %, recorded in the same quarter.
Domo Inc 's Comment on Competition and Industry Peers
The company competes with a range of firms across several categories. Major enterprise software and cloud platform competitors include Microsoft Corporation, Amazon Web Services, Inc., Oracle Corporation, SAP AG, Salesforce, Inc., and IBM. In the specialized business analytics software sector, competitors include Tableau Software, Inc. (acquired by Salesforce, Inc.), Qlik Technologies, Looker (acquired by Alphabet, Inc.), Strategy Inc. (formerly MicroStrategy), ThoughtSpot, Alteryx, Informatica, Sisense, and Tibco Software, Inc. Additionally, cloud-native data integration and analytics providers such as Sigma Computing, FiveTran, Matillion, Databricks, and Infor, Inc. also compete in the market. The company anticipates increased competition, noting that several competitors possess greater resources and brand recognition.
August 28, 2025
Domo and Altis Forge Alliance to Advance AI-Driven Marketing Solutions Despite Revenue ChallengesIn an increasingly data-driven world, leveraging cutting-edge technology to harness insights is essential for businesses seeking a strategic advantage. Recognizing this need, Domo, Inc. (Nasdaq: DOMO), a leader in AI and data products, has announced a strategic partnership with Altis Consulting, a premier data and analytics consultancy that operates in Australia, New Zealand, and the United Kingdom. This collaboration represents a concerted effort to fuse Domo s advanced AI-driven platform with Altis s extensive industry expertise, aiming to empower businesses with transformative data solutions that foster smart...
June 6, 2025
As the realm of data and artificial intelligence continues to evolve, companies are recognizing the pivotal role of innovative data solutions in driving business success. Domo (Nasdaq: DOMO), a prominent player in this domain, is poised to make a significant impact at the upcoming Databricks Data + AI Summit, scheduled for June 9-12, 2025, at the esteemed Moscone Center in San Francisco. Serving as an Icon Sponsor, Domo will unveil its cutting-edge AI and data products platform, emphasizing its commitment to delivering tangible ROI through enhanced data accessibility and insightful analytics.In a noteworthy collaboration, Domo will share the spotlight with Sol de Janeiro, a rapidly expanding beauty brand tha...
January 16, 2025
In the evolving landscape of digital marketing, where data reigns supreme, the ability to harness and interpret vast amounts of information is no longer just a competitive advantage it’s a prerequisite for survival. Response Media, a prominent player in the realm of data-driven marketing, has made a strategic move that underscores this reality. The agency has selected Domo (Nasdaq: DOMO) as its global data platform, aiming to elevate its operational efficacy and fortify its position as a leader in customer acquisition and engagement.Based in the serene yet industrious Silicon Slopes of Utah, Domo has carved a niche for itself by offering a robust platform that encapsulates data storage, visualization, and ...
September 12, 2024
In a strategic alliance poised to reshape the legal technology landscape, Domo Inc. has partnered with CARET Legal to provide law firms with advanced real-time analytics capabilities. This collaboration aims to empower firms with data-driven insights, enabling them to make informed decisions that enhance client service and operational efficiency.Domo, a leader in cloud-based business intelligence and analytics, is set to leverage its robust platform to bring essential data right to the fingertips of legal professionals. The integration of CARET Legal s services, which are specifically tailored for the legal sector, is expected to streamline access to information and improve performance metrics within law fir...
August 19, 2024
Domo s Debt Deal: Charting a Smoother Path to Future Growth In a strategic move that promises to bolster its financial flexibility and uphold its trajectory toward sustained growth, Domo (Nasdaq: DOMO) has announced an amendment to its existing debt facility. Nestled in the bustling tech haven of Silicon Slopes, Utah, the enterprise software company has successfully negotiated a new loan arrangement that extends the maturity date to August 2028. This agreement not only secures a longer timeline but also lowers the overall interest rate and annual cash interest expenses.David Jolley, Domo s Chief Financial Officer, underscored the significance of this financial maneuver. Our priority is getting Domo back to g...
July 23, 2024
In a rapidly advancing technological landscape, the proliferation of artificial intelligence (AI) has become an integral part of our daily lives. Domo, the renowned data management platform, recently unveiled its special edition of the Data Never Sleeps (DNS) infographic, focusing on the immense amount of AI data generated every minute and its impact on various sectors. This development sheds light on the transformative power of AI and its potential to revolutionize the way businesses operate.The DNS AI Edition delves into the revolutionary impact of AI, highlighting how technologies like ChatGPT have brought language learning models (LLMs) into the spotlight. The unveiling of these LLMs has opened our eyes ...
July 18, 2024
Freddy s Utilizes Domo s Data Science Suite for Optimizing Pricing and Menu MixSILICON SLOPES, Utah - Domo (Nasdaq: DOMO) announced today that Freddy s Frozen Custard and Steakburgers, a popular fast-casual restaurant chain renowned for its made-to-order steakburgers and delicious frozen custard desserts, is leveraging Domo s Data Science Suite to gain deeper insights into their restaurant data. By utilizing this suite, Freddy s franchisees can optimize pricing strategies and model the ideal menu mix to enhance customer satisfaction and drive profitability.Freddy s Frozen Custard and Steakburgers was founded in 2002 with the opening of its first restaurant in Wichita, Kansas. Since then, the franchise concep...
July 17, 2024
In a groundbreaking announcement, Domo (Nasdaq: DOMO), a leading cloud-based operating system for business, has revealed its partnerships with GNW Consulting and Medius, two influential players in the marketing and accounts payable industries respectively. These collaborations aim to revolutionize the way companies approach their marketing strategies and financial operations, ultimately driving remarkable business outcomes.GNW Consulting has emerged as a cornerstone in the marketing technology space, guiding companies through the implementation, integration, and optimization of marketing technology. With an impressive track record of assisting over 600 clients, GNW Consulting is renowned for streamlining wor...
July 10, 2024
Bassett Furniture, Medius, and Cenegenics Harness Data-Driven Culture with Domo to Drive Business SuccessIn a digital era where data reigns supreme, companies are increasingly turning to advanced analytics platforms to gain a competitive edge. Three industry leaders, Bassett Furniture Industries, Medius, and Cenegenics, have joined forces with Domo to tap into the power of real-time data insights and optimize their operations.Bassett Furniture, a renowned name in the home furnishings industry since 1902, has embraced the data-driven approach with Domo. By integrating Domo throughout its corporate headquarters, retail stores, and distribution team, the company has been able to make informed decisions based on...
June 27, 2024
Unlocking Business Potential: How Domo Powers Medius and Harmons Grocery In the evolving landscape of data analytics, businesses are increasingly turning to cutting-edge technologies to gain a competitive edge. A striking example of this trend can be found in the recent collaboration between Domo (Nasdaq: DOMO) and two industry leaders Medius, a front-runner in accounts payable (AP) solutions, and Harmons Grocery, a popular upscale supermarket chain. Leveraging Domo s data analytics platform, these companies are unlocking new opportunities and driving transformative changes in their operations. Medius: Enhancing Sales and Marketing EfficienciesMedius, which processes over $200 billion in annual spending for ...
Moodys Corporation operates as a credit rating agency, offering independent credit ratings, research, and risk analysis to help organizations make informed financial decisions. It generates revenue by providing these services to financial institutions, corporations, and governments worldwide.
Microsoft Corporation operates as a multinational technology company focused on software development, licensing, and related services. Its business model includes the creation and distribution of software products like operating systems and productivity suites, along with cloud-based solutions. Revenue is generated through hardware sales (such as gaming consoles), advertising, and consulting services.
ServiceNow Inc utilizes a subscription-based software-as-a-service (SaaS) model, offering a versatile platform for organizations to automate and optimize their IT and business processes. Their solutions span various domains, including IT service management, human resources, customer service, and security operations, providing a unified approach to enterprise workflow management. By delivering a comprehensive and scalable suite of applications, ServiceNow enables businesses to improve productivity, enhance customer satisfaction, and achieve operational efficiencies.
Oracle Corporations business model focuses on providing enterprise software solutions and cloud services. It generates revenue through software licenses, cloud subscriptions, and consulting and support services, addressing data management needs and the increasing demand for cloud technologies.
UiPath Inc. operates on a software-as-a-service (SaaS) model, providing a platform that enables organizations to automate and streamline their business processes through robotic process automation (RPA) technology. By offering a flexible and scalable solution, UiPath simplifies the implementation of automation tasks, improving productivity and efficiency for businesses across various industries.
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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