Domo Data Experience Platform Now Available in the Microsoft Azure Marketplace
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The integration of Domo's data experience platform into the Microsoft Azure Marketplace and its membership in the Microsoft Azure Consumption Commitment (MACC) program signifies a strategic collaboration between Domo and Microsoft. This move is likely to enhance Domo's visibility and accessibility, potentially increasing its user base and revenue streams.
Market Expansion: By leveraging Azure's global presence, Domo can tap into a broader market, which could lead to an uptick in sales. The streamlined deployment on Azure may reduce customer acquisition costs and shorten sales cycles, leading to improved financial performance.
Strategic Positioning: Participation in the MACC program could be seen as a competitive advantage, making Domo's offering more attractive to organizations already invested in Azure's ecosystem. This may lead to stronger customer loyalty and a higher lifetime value.
The announcement by Domo to join the MACC program and list its services on the Azure Marketplace may have a positive impact on its financial health. The ability for customers to utilize their Azure consumption commitment to procure Domo's services could lead to a more predictable revenue stream, which is favorable from an investor's standpoint.
Revenue Synergies: The collaboration with a tech giant like Microsoft can enhance investor confidence in Domo's growth prospects, potentially affecting its stock valuation positively. However, the actual financial impact will depend on the adoption rate and the incremental revenue generated from this partnership.
Cost Implications: While the partnership may lead to cost efficiencies in marketing and sales, it is also important to consider any associated costs Domo might incur as part of this arrangement. The balance between additional costs and increased revenue will be critical in evaluating the overall financial impact.
Domo announces eligibility in Microsoft Azure Consumption Commitment (MACC) program
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Domo also announced that it is a member of the Microsoft Azure Consumption Commitment (MACC) program. This enables eligible organizations to procure Domo’s data experience platform directly through the Azure Marketplace utilizing their Azure consumption commitment.
“The value in the Domo platform is exponential, and unlocking its full potential enables our customers to make significant impact to their organizations daily, by increasing productivity, efficiency and business results,” said Josh James, founder and CEO, Domo. “Our relationship with Azure, including the ability to purchase Domo through the Azure Marketplace, advances our mission to deliver strong integrations that bring the most timely, data-driven insights and experiences to customers.”
Domo's cloud-native platform puts data to work for everyone through AI-powered data experiences, intuitive analytics and a secure data foundation that connects enterprise data systems. With Domo, users can analyze and take action with data, optimizing daily processes and critical business decisions.
Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. said, “We’re pleased to welcome Domo to the Microsoft Azure Marketplace, which gives our partners great exposure to cloud customers around the globe. Azure Marketplace offers world-class quality experiences from global trusted partners with solutions tested to work seamlessly with Azure.”
The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use.
To find Domo on the Azure Marketplace, visit here.
About Domo
Domo puts data to work for everyone so they can multiply their impact on the business. Our cloud-native data experience platform goes beyond traditional business intelligence and analytics, making data visible and actionable with user-friendly dashboards and apps. Underpinned by AI, data science and a secure data foundation that connects with existing cloud and legacy systems, Domo helps companies optimize critical business processes at scale and in record time to spark the bold curiosity that powers exponential business results.
For more information, visit www.domo.com. You can also follow Domo on LinkedIn, X and Facebook.
Domo is a registered trademark of Domo, Inc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231219846135/en/
Cynthia Cowen
PR@domo.com
Source: Domo
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