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Domo Inc   (DOMO)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

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Description of Domo Inc's Business Segments


Domo Inc. is a cloud-based business intelligence and data visualization platform that provides organizations with the tools to manage, analyze, and visualize their data in real time. Its offerings are designed to empower users with data-driven insights that drive improved decision-making across various business levels. Here's a detailed overview of the segments, products, and services that Domo offers:

Segments

1. Business Intelligence and Analytics:
- Domo offers powerful analytics and visualization tools that enable users to examine data from multiple sources. The platform allows organizations to create dashboards that present key performance indicators (KPIs), trends, and potential insights for better decision-making.

2. Data Integration:
- The platform provides extensive data integration capabilities that allow businesses to connect to a wide variety of data sources, including databases, cloud storage, and third-party applications. Domo supports both flat file uploads and real-time API integrations.

3. Collaboration Tools:
- Domo fosters collaboration through its integrated communication features, allowing users to share insights and dashboards seamlessly within teams and across departments. This results in a culture of data sharing and enhances organizational transparency.

4. Mobile Business Intelligence:
- Recognizing the need for mobile access, Domos platform includes mobile applications that offer on-the-go access to data and insights, ensuring that users can stay informed regardless of their location.

5. Industry Solutions:
- Domo offers tailored solutions for various industries, such as healthcare, finance, retail, manufacturing, and logistics. These solutions are designed to address the unique data needs and challenges faced by organizations in these sectors.

6. Prescriptive Analytics:
- Beyond just descriptive and diagnostic analytics, Domo also provides prescriptive analytics capabilities, which suggest actions based on data analysis outcomes. This feature helps businesses optimize their operations and strategies.

Products

1. Domo Business Cloud:
- Central to Domos offering, the Domo Business Cloud provides a comprehensive suite of tools for business intelligence, data visualization, data integration, and collaboration. The platform allows users to aggregate data from multiple sources into one dashboard and derive insights from it.

2. Domo Dashboard:
- The dashboard is a customizable interface where users can set up real-time data visualizations, charts, and reports. It offers drag-and-drop functionality for easy configuration and allows for interactive elements to engage users with the data.

3. Domo Data Integration:
- This product enables users to connect to various data sources, including cloud-based platforms, on-premises systems, and APIs. Domo supports automated data refresh schedules, ensuring that analytics are based on the latest information.

4. Domo Alerts:
- Users can set up alerts that notify them of significant changes in their data, helping them to monitor performance metrics and respond proactively to emerging trends or issues.

5. Domo Apps:
- Domo allows the creation and deployment of custom applications tailored to specific business needs. These applications can integrate various functionalities, enhancing workflow and user engagement within the Domo ecosystem.

6. Domo ETL (Extract, Transform, Load):
- The ETL tools enable businesses to prepare and transform data before analysis. Domos ETL capabilities facilitate data cleansing, transformation, and organization, making it more accessible for analysis.

Visualization and Reporting Tools:
- Users have access to various visualization options such as charts, graphs, and heat maps. Domo also provides options for customizable reporting, which can be shared with stakeholders in different formats, including PDF and web links.

Services

1. Consulting Services:
- Domo offers consulting services to help businesses implement the platform effectively. This includes data integration strategies, dashboard design, and user training, ensuring organizations maximize their investment in Domo.

2. Customer Support:
- Domo provides robust customer support services, including a help center, documentation, tutorials, and a dedicated support team to assist users with any technical issues or questions about platform usage.

3. Training and Resources:
- Domo offers training programs and educational resources to help users become proficient in using the platform. This includes the Domo University, which provides a range of learning paths and certifications to enhance user skills.

4. Community and Collaboration:
- Domo fosters a community of users and experts where collaboration and knowledge sharing can occur. This community offers forums, user groups, and events that provide further learning opportunities and networking.

5. Custom Development Services:
- For enterprises with specific needs, Domo provides services to develop custom solutions and applications, ensuring that the platform addresses unique business requirements.

In summary, Domo Inc. is a comprehensive platform that spans various segments focused on data integration, analytics, and collaboration. Its products and services are designed to equip organizations with the tools necessary to leverage their data for informed decision-making and operational efficiency, making it a valuable asset in any modern business environment.


Composition of Domo Inc Revenues by Segments

 
Subscription    90.45 % of total Revenue
Professional Services and Other    9.55 % of total Revenue
United States    79.57 % of total Revenue
International    20.43 % of total Revenue

Q2 three months ended (Jul 31 2024)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Total 78.41 100 %
Subscription 70.92 90.45 %
Professional Services and Other 7.49 9.55 %
United States 62.39 79.57 %
International 16.02 20.43 %




Q2 three months ended (Jul 31 2024)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Total -1.59 % -1.24 %
Subscription -0.41 % -
Professional Services and Other -11.52 % -
United States -0.92 % -
International -4.12 % -






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