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Domo Named a Leader in Nucleus Research’s 2023 Analytics Technology Value Matrix

By AP News - May 03, 2023, 04:09 PM ET
Last Updated - Jun 21, 2023, 11:19 PM EDT
Domo Named a Leader in Nucleus Research’s 2023 Analytics Technology Value Matrix

SILICON SLOPES, Utah--(BUSINESS WIRE)--May 3, 2023--

Today Domo (Nasdaq: DOMO) announced it has been named a leader in Nucleus Research’s 2023 Analytics Technology Value Matrix for the third consecutive year.

The Nucleus Technology Value Matrix assesses the operational value a solution delivers, provides a relative positioning of the important vendors in a market and delivers a framework for evaluating the suitability of a solution. The 2023 Analytics Technology Value Matrix measured vendor offerings on both usability and functionality including: analytics automation, data preparation and transformation, natural language processing (NLP), natural language generation (NLG), AutoML and more.

As a Leader, Domo was recognized for its sophisticated cloud-native data experience platform and features such as ease of use, multi-cloud capabilities and quick deployment times, supported by the company’s powerful library of over 1200 out-of-the-box connectors and its intuitive data transformation (Magic ETL) functionality. This recognition was informed through conversations with end-users, along with analysis of recently released capabilities, features and company investments.

“From the very beginning, Domo has been focused on putting data to work for everyone, and being recognized as a Leader in Nucleus’ Analytics Technology Value Matrix for a third consecutive year is evidence of our impact,” said Josh James, founder and CEO at Domo. “Beyond the quick deployment, universal integrations and AutoML capabilities we were recognized for, we’re continuing to innovate new data experiences that help people across the organization be more impactful at work.”

“Domo was named a Leader in this year’s Value Matrix for its continued commitment to customers through innovative data analytics solutions that drive business results,” said Alexander Wurm, senior analyst at Nucleus Research, Inc. “We believe the Domo platform’s multi-cloud compatibilities enable businesses to leverage strong data management and analysis capabilities without disrupting existing workflows or infrastructure. Furthermore, with strong Auto ML functionality, Domo customers can automatically train machine learning models, build models into new data pipelines and share data science insights with business users.”

For a complimentary copy of the 2023 Analytics Technology Value Matrix, visit here.

About Nucleus

Nucleus Research is the recognized global leader in investigative ROI technology research. Using a case-based approach, we provide research streams and advisory services that allow vendors and end users to quantify and maximize the return from their technology investments. We deliver the numbers that drive better business decisions. For more information, visit NucleusResearch.com or follow our latest updates on LinkedIn.

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 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 Twitter, Facebook and LinkedIn.

Domo is a registered trademark of Domo, Inc.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230503005730/en/

CONTACT: Domo

Cynthia Cowen

PR@domo.com

KEYWORD: UTAH UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT DATA ANALYTICS TECHNOLOGY SOFTWARE RESEARCH SCIENCE

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SOURCE: Domo

Copyright Business Wire 2023.

PUB: 05/03/2023 04:05 PM/DISC: 05/03/2023 04:05 PM

http://www.businesswire.com/news/home/20230503005730/en

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