Domo Strengths, Domain Expertise, and Key Differentiators
Established in 2010, Domo has become a disruptor in the business intelligence sector, providing users with easy access to real-time data to enhance operational performance across various business functions. Domo's cloud-first, mobile-first platform is designed to offer end-to-end analytics and business intelligence functionality. It can serve as a complete BI stack or seamlessly integrate into existing frameworks to address specific data challenges, enabling the creation of more sophisticated and automated data pipelines. In summary, Domo functions as a versatile solution that can act independently as a BI platform or complement existing infrastructure by leveraging its diverse platform components.
Domo Recent Developments
In February 2024, Home Franchise Concepts (HFC) leverages Domo to provide enhanced data access to its 2,600 franchise territories. Through Domo Everywhere, franchisees can make informed decisions on hiring, promotions, lead prioritization, and revenue focus. The platform streamlines data consolidation, offering real-time insights and improving reporting efficiency. Domo's consumption-based pricing ensures unlimited access to data, enabling strategic decision-making and optimizing marketing efforts at HFC.
In August 2023, Ingo Money utilized Domo to streamline real-time payment data, replacing manual processes and enhancing business insights. Domo's impact extends to the Risk Center, optimizing employee performance tracking and facilitating remote work monitoring during the pandemic. The integration of Domo Alerts significantly improves fraud detection, leading to notable time savings and operational efficiencies.
In May 2023, CleanChoice Energy, a leader in renewable energy democratization, relied on Domo for streamlined data sharing, enhancing operational efficiency. Domo Everywhere automates real-time reporting, providing clients and partners with up-to-date information effortlessly. The platform supports operations and marketing, allowing efficient scaling and data-driven decisions. Domo's comprehensive integration empowers CleanChoice Energy to track the customer journey, optimize marketing spending, and maintain a sustainable, data-driven culture.
In December 2022, Warren Sampson, Senior Manager at Martinelli’s, utilizes Domo for efficient data access and advanced business insights, enhancing operational efficiency and customer growth. Domo's streamlined dashboards provide real-time adjustments, reducing manual efforts and fostering a robust data-driven foundation.
In March 2021, Domo introduced more than 100 new features aimed at enhancing the accessibility and utility of data for all users. Among these features are augmented capabilities designed to lower technical barriers, empowering business decision-makers to foster a data-curious mindset and utilize data more effectively.
In March 2021, Domo introduced the industry's first multi-cloud data offering for modern BI, providing business decision-makers with a unified interface for accessing data across various cloud platforms seamlessly. This innovation addresses the challenges of data access and agility in today's complex IT environments, offering real-time actionable insights crucial for business decision-makers.
Domo Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Domo applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Domo and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Domo's Business Cloud customers.
Domo Overview
772 East Utah Valley Drive
American Fork, UT, 84003, United States
1 801-899-1000
https://www.domo.com/
Ownership: - Nasdaq: Domo
Number of Employees: 917
Functional Markets: Analytics and BI, SPM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Domo Key Enterprise and Cloud Applications
Domo's Business Cloud
Domo Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Domo Revenue Breakdown By Type, $M:
Domo Enterprise Applications Revenues By Functional Markets, $M:
Domo Enterprise Applications Revenues By Verticals, $M:
Domo Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Domo Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Domo Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Domo Customers
No. of Domo Customers: 2300
No. of Domo Enterprise Applications Customers: 2300
No. of Domo Cloud Customers: 2300
No. of Domo Cloud Subscribers: x
Since August 2012, Domo has been actively engaging in sales, securing over 300 paying enterprise customers within its first year. This remarkable achievement highlights Domo's efficacy in addressing the requirements of enterprise clients.
Domo has established itself with a clientele exceeding 2,000 enterprises, featuring 40 percent of the Fortune 50. Prominent brands within its portfolio include Danaher, DENSO, eBay, The Honest Company, MasterCard, National Geographic, Rakuten, Softbank, Target, TELUS Corporation, Univision, and UnitedHealthGroup. This diverse and influential customer base reflects Domo's widespread impact and recognition in the market.
Domo Market Opportunities, M&A and Geo Expansions
In June 2021, Domo unveiled its latest offering, Domo Everywhere, which enhances embedded analytics solutions and introduces new capabilities. This update empowers organizations to improve customer experiences and create new revenue streams by leveraging the robust features of the Domo platform.
In April 2021, Domo demonstrated its dedication to providing accessible, comprehensible, and actionable vaccination data by launching the Domo COVID-19 Vaccination Tracker for both domestic and international use. Integrated into the company's popular free interactive Coronavirus Global Tracker, with over 3 million page views to date, the Vaccination Tracker is utilized by nearly 800 Domo customers in conjunction with their business data. This tool aids organizations in adapting to the dynamic challenges of the evolving operational landscape.
Domo Risks and Challenges
Domo's scalable architecture positions the platform effectively within the enterprise market, providing opportunities for other rapidly expanding business intelligence vendors to compete in this sector.
Domo Ecosystem, Partners, Resellers and SI
In March 2020, Domo expanded its North American infrastructure, initiating operations in a new data center hosted on Amazon Web Services (AWS) in Canada. This strategic move is designed to provide dedicated support and robust data governance for regional and global clients with a worldwide presence. The Domo Business Cloud facilitates the rapid deployment of cloud-scale business intelligence solutions. This initiative highlights Domo's commitment to delivering comprehensive services to its Canadian customer base, complemented by localized support for an expanding clientele.
Domo Cloud Infrastructure Insights
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- Domo Public Cloud and Infrastructure (IaaS)
- Domo Platform (PaaS)
- Domo Application Delivery
- Domo Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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