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.
Domo, Inc. (NASDAQ: DOMO) is a software company that offers an AI and Data Products platform used by organizations to prepare, visualize, automate, distribute, and build data products across the data journey. The DOMO news page on Stock Titan aggregates company announcements, customer stories, product updates, and financial disclosures so readers can follow how Domo’s platform is applied in practice.
Recent news highlights show Domo’s technology being used in diverse settings. A global travel management and events company uses Domo’s AI and Data Products Platform to unify travel, finance, operations, and customer data into a single, real-time view, enabling faster reporting, live dashboards, and automated alerts. An Australian tile, stone, and timber retailer has deployed Domo alongside Snowflake to create a governed data foundation, with Domo serving as the engagement layer for analytics, workflows, and custom-built applications.
Other stories describe a large grocery retailer implementing Domo as an enterprise reporting platform to aggregate data from functions such as HR, finance, marketing, operations, merchandising, and supply chain. Nonprofit organizations, through the Domo for Good program, use the platform to turn scattered data into insights that improve healthcare, education, and community development outcomes.
In addition to customer implementations, Domo news includes items on analyst recognition, awards for its AI and data products technology, participation in initiatives like the Open Semantic Interchange, and partnerships that showcase how data and AI support performance in fields such as motorsport. Earnings releases and related communications provide updates on revenue composition, subscription performance, and the use of non-GAAP financial measures.
Investors, customers, and observers can use the DOMO news feed to see how Domo positions its AI and Data Products platform, how it collaborates with partners, and how organizations across industries are using the platform to build AI-ready, data-driven operations.
Domo (Nasdaq: DOMO), provider of the Domo Business Cloud, will present at the Credit Suisse 25th Annual Technology Conference on December 1, 2021, at 11:20 AM ET. A live webcast of the presentation will be accessible on the Domo Investor Relations website. Domo aims to transform business management by delivering Modern BI for All, enabling critical processes to be completed in minutes or seconds, improving efficiency significantly.
Domo (Nasdaq: DOMO) has been recognized as a leader in Nucleus Research’s 2021 Value Matrix for Embedded Analytics Technology. The company was acknowledged for its extensive enterprise adoption and advanced embedding capabilities, which enhance its end-to-end data pipeline. Domo's investments in new features have strengthened its leadership position. The report highlights Domo Everywhere, an offering that allows users to create interactive data solutions. The analysis emphasized Domo's substantial investments in AI and machine learning, positioning it to adapt effectively to market demands.
Domo (Nasdaq: DOMO) announces the opening of registration for Domopalooza 2022, taking place March 22-25, 2022, in Salt Lake City and online. This hybrid event will feature keynotes from industry leaders and showcase Domo's modern BI platform. Notable speakers include executives from CAE, Dickies, Optum, Sony, and Universal Music Group. Grammy-nominated band OneRepublic will perform, enhancing the event’s appeal. Domopalooza aims to educate Domo's growing community through sessions and networking opportunities, continuing its tradition of excellence in business intelligence.
Domo (Nasdaq: DOMO) will release its third quarter fiscal 2022 results on December 2, 2021, after market close. A conference call discussing the financial results is scheduled for 3:00 p.m. (MT) / 5:00 p.m. (ET) on the same day. Registration for the call is available online, and a live webcast will also be accessible on Domo's Investor Relations website. A replay of the call will be available until December 16, 2021.
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Domo announced the addition of Jay Brown to its board of directors effective October 22, 2021. Brown, a co-founder of Roc Nation and vice chairman, brings over 25 years of experience in building multibillion-dollar brands. He also co-founded Marcy Venture Partners in 2019, focusing on companies with positive values. Brown replaces Mark Gorenberg, who served on the board for a decade. CEO Josh James expressed enthusiasm for Brown's expertise in scaling businesses and enhancing customer experience, which could be pivotal for Domo's growth.
Domo (Nasdaq: DOMO) announced that Odele, a clean beauty brand, has selected Domo’s modern business intelligence platform to enhance its growth across multiple retail channels. Founded in January 2020, Odele quickly achieved profitability and aims to leverage Domo's analytics to better understand sales data and inform growth strategies. With over 1.2 million rows of data weekly, Odele plans to use these insights to optimize promotions and expand its product line. Domo enables Odele to effectively analyze data, adapting to the competitive retail landscape.
Domo has partnered with TOKAI RIKA CO., LTD, a key Toyota Group supplier, to enhance its digital transformation through Domo’s modern business intelligence platform. This collaboration aims to integrate TOKAI RIKA's disconnected legacy systems, facilitating efficient data management and improved productivity. Within three months, the accounting team reported streamlined budget monitoring and reduced manual data reconciliation across 60 departments. The initiative will expand into HR and Production Control to further boost operational efficiency.
Domo (NASDAQ: DOMO) has released its "Data Never Sleeps 9.0" infographic, analyzing online consumer behavior and digital trends amid the pandemic. The report indicates a 10% increase in internet users from January to July 2021, totaling 5.17 billion. Highlights include:
- 856 minutes of webinars on Zoom every minute.
- Netflix users watching 140 million hours daily.
- Online shopping accounting for over $283,000 spent on Amazon per minute.
This edition demonstrates the accelerating digitization and its implications for future work dynamics.
Domo has launched Sandbox, a new development and testing environment on its platform, designed to help organizations promote BI content more efficiently. This feature addresses the increasing demand for integrated business intelligence solutions, allowing data professionals and users to collaborate safely while maintaining data governance. Domo emphasizes that Sandbox enhances the software development lifecycle support, enabling quicker innovation without jeopardizing production quality. This move is crucial as businesses seek to empower more data-driven decision-makers.
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