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    DOMO   US2575541055


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Domo : Named an Overall Leader in the 2021 Dresner Wisdom of Crowds® BI Market Study

07/08/2021 | 09:02am EDT

Receives perfect recommendation score from customers for fifth consecutive year

Domo (Nasdaq: DOMO) announced it has been named an overall leader and received its fifth consecutive perfect recommendation score in the 2021 Dresner Wisdom of Crowds® BI Market Study.

In its 12th edition, Dresner’s flagship report provides a broad assessment and comprehensive analysis of BI end user trends, attitudes and intentions. The report also covers adoption and deployment, staffing, budgets, technology, success with BI and a robust industry section.

With high scores across the board, Domo’s modern BI platform delivers unbelievable speed, agility and scale, and stands out as a leader in both the Customer Experience and Vendor Credibility models. By making additional improvements across sales, product, technical support, consulting and integrity categories, Domo maintained its track record of perfect recommendation scores and leads the pack in ease of installation and integration capabilities with third-party technologies.

“The COVID-19 pandemic continues to affect millions worldwide and impacts businesses and how they leverage data and business intelligence. This year’s study shows that the BI market remains strong and consumers are prioritizing better decision-making, improved cost-cutting/efficiency and revenue goals as their top BI objectives,” said Howard Dresner, chief research officer, Dresner Advisory Services. “We congratulate Domo for being named an overall leader and receiving another perfect recommendation score by its customers in this year’s study.”

“Domo was designed to quickly ingest and integrate data from across an entire organization and get it into the hands of every business user in an actionable format so they can do their jobs better and improve business outcomes,” said Josh James, CEO and founder of Domo. “By providing a robust cloud-native platform with a consumer-focused design, we see our customers realize the benefits of modern BI in a fraction of the time and a fraction of the cost of other solutions.”

This recognition is Domo’s third top Dresner ranking in 2021, which includes the Dresner 2021 Self Service Business Intelligence Market Study and the Dresner Advisory Services’ 2021 Cloud Computing and Business Intelligence Market Study.

For a complimentary copy of the report, visit here.

Dresner Advisory Services was formed by Howard Dresner, an independent analyst, author, lecturer, and business adviser. Dresner Advisory Services, LLC focuses on creating and sharing thought leadership for Business Intelligence (BI) and related areas. Wisdom of Crowds® research is based on data collected on usage and deployment trends, products, and vendors. Users in all roles and throughout all industries contributed to provide a complete view of realities, plans, and perceptions of the market.

About Domo

Domo is the Business Cloud, empowering organizations of all sizes with BI leverage at cloud scale in record time. With Domo, BI-critical processes that took weeks, months or more can now be done on-the-fly, in minutes or seconds, at unbelievable scale. For more information about how Domo (Nasdaq: DOMO) helps its customers go fast, go big and go bold, visit www.domo.com. You can also follow Domo on Twitter, Facebook and LinkedIn.

Domo and Domo is the Business Cloud are registered trademarks of Domo, Inc.

© Business Wire 2021
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Analyst Recommendations on DOMO, INC.
More recommendations
Financials (USD)
Sales 2022 255 M - -
Net income 2022 -86,6 M - -
Net Debt 2022 14,3 M - -
P/E ratio 2022 -27,4x
Yield 2022 -
Capitalization 2 504 M 2 504 M -
EV / Sales 2022 9,89x
EV / Sales 2023 8,27x
Nbr of Employees 756
Free-Float 85,8%
Chart DOMO, INC.
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Domo, Inc. Technical Analysis Chart | DOMO | US2575541055 | MarketScreener
Technical analysis trends DOMO, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 5
Last Close Price 77,87 $
Average target price 106,25 $
Spread / Average Target 36,4%
EPS Revisions
Managers and Directors
Joshua G. James Chairman & Chief Executive Officer
Bruce C. Felt Chief Financial Officer
Daren Thayne Chief Technology Officer
Catherine Wong Chief Product Officer & Executive VP-Engineering
Suyesh Karki Chief Information Security Officer
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