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) has appointed two new executives to enhance its growth initiatives. Vita Shannon joins as vice president of partnerships, leveraging her experience at KPMG and Oracle to expand Domo's strategic partner ecosystem. Shelley Morrison, previously at Accenture Interactive, takes on the role of vice president of demand center, aiming to improve demand generation strategies. Both executives bring extensive backgrounds in business development and growth execution, positioning Domo to accelerate its business momentum in the modern BI space.
Domo (Nasdaq: DOMO) announced that its management will present at two upcoming conferences: the JMP Securities Technology Conference on March 2, 2021, at 2:30 PM ET, and the Morgan Stanley Technology, Media and Telecom Conference on March 4, 2021, at 12:30 PM ET. A live webcast of these presentations will be available on the Domo Investor Relations website.
The Domo Business Cloud empowers organizations by providing business intelligence capabilities that enable faster data processing and decision-making.
Domo (Nasdaq: DOMO) has been named a Challenger in the 2021 Gartner Magic Quadrant for Analytics and BI Platforms, marking a significant move from its previous status as a Niche Player. This recognition highlights Domo’s completeness of vision and ability to execute. Gartner underlines the growing importance of analytics and BI in digital business transformation. Domo maintains a customer rating of 4.7 out of 5 on Gartner Peer Insights, indicating strong user satisfaction with a 94% recommendation rate.
Domo (Nasdaq: DOMO) will release its financial results for the fourth quarter and full-year fiscal 2021 on March 11, 2021, after market close. A conference call will be held at 3:00 p.m. MT to discuss these results. Participants can register for the call here. Domo, known for its Business Cloud, enhances business intelligence processes, allowing for rapid data handling and scalability. Additional information will be accessible on the Domo Investor Relations website.
Domo (Nasdaq: DOMO) announced the virtual event Domopalooza 2021, scheduled for March 24, 2021. This annual customer event will showcase Domo's modern BI platform through keynotes, product news, and breakout sessions, emphasizing data-driven decision-making. Domo's CEO, Josh James, highlighted the past year's challenges and the need for organizations to accelerate digital transformation. Attendees will learn from industry experts and over 60 presentations, promoting innovative methods to leverage high-value data. Registration is now open for interested participants.
Domo (Nasdaq: DOMO) has been recognized as a winner in the Dresner Advisory Services 2020 Technology Innovation Awards. This marks Domo's fourth consecutive year as a multiple-category winner, acknowledged for its leadership in four thematic studies, including the Big Data Market Study and Self-Service BI Market Study. The awards highlight Domo's ability to provide real-time insights and flexibility, crucial during the economic challenges posed by COVID-19. The recognition is based on data collected from end users, showcasing Domo's strong performance in the business intelligence market.
Domo (Nasdaq: DOMO) has been recognized with the 2020-2021 Cloud Award for Best Cloud Business Intelligence or Analytics Solution. This marks the fifth consecutive year that Domo has received this honor from the prestigious Cloud Awards, distinguishing itself among 22 competitors for its ability to deliver scalable BI solutions efficiently. Domo’s founder, Josh James, emphasized the company's commitment to transforming data accessibility in organizations, showcasing the dedication of its team in providing remarkable technology solutions.
Domo (Nasdaq: DOMO) announces its achievement of Premier status in Snowflake’s Partner Connect Program. This certification validates Domo's high-speed federated connector, enhancing data management capabilities for customers using Snowflake’s platform. The partnership, initially formed in October 2019, allows organizations to consolidate their data and execute analytics efficiently. Domo’s modern BI platform is designed to provide actionable insights quickly, supporting decision-makers across various sectors. This milestone underscores Domo's commitment to optimizing data user experience.
Domo (Nasdaq: DOMO) has released a significant report detailing the impact of the COVID-19 pandemic on non-grocery retailers in 2020, based on analysis from their modern BI platform and SafeGraph GPS Mobility data. The report highlights a 14.1% overall decline in foot traffic, with an alarming 83.2% decrease for small businesses in April. Retailers utilizing buy online, pick up in store (BOPIS) had a significantly reduced decline of 1.2%. The report indicates future retail success will depend on rapid adaptation and digital innovation.
Domo (Nasdaq: DOMO) has announced its management will be presenting at two upcoming virtual events: the 23rd Annual Needham Virtual Growth Conference on January 13, 2021, at 12:30 PM ET and the Jefferies Virtual Software Bus Tour on January 14, 2021, at 5:00 PM ET. A live webcast of these presentations will be accessible on Domo's Investor Relations website. Domo provides the Domo Business Cloud, enabling organizations to achieve business intelligence goals quickly and efficiently.