Domo Introduces New Domo Everywhere Offering
Today Domo (Nasdaq: DOMO) rolled out its new Domo Everywhere offering that updates components of its existing embedded analytics solutions and makes available new capabilities to deliver a more powerful experience for organizations to improve customer experiences and create new revenue streams leveraging Domo's powerful platform.
The new Domo Everywhere goes beyond legacy embedded analytics to enable sharing and collaboration of data in a highly curated experience. Domo Everywhere is the first offering that enables organizations to deliver a complete modern BI experience to their customers and partners. As part of today's news, Domo's existing set of embedded analytics products, including Domo Publish and Domo Embed, will be consolidated under Domo Everywhere, making it easier for customers to buy, deploy and benefit from this comprehensive embedded analytics solution.
"Domo is pushing external BI beyond the traditional 'places' that analytics content is embedded and the value that is received," said Jay Heglar, Chief Business Officer, Domo. "With Domo Everywhere, we're giving customers an easy way to create, deliver and monetize high value data solutions in a fraction of the time it would normally take and with a fraction of the resources required of any other approach. Domo provides the canvas to create and the platform to distribute data solutions to all customers making monetization of data, which can be a trapped asset, a reality."
Since Domo Everywhere is built on the Domo platform, it is easy to deploy at scale and leverages all the Domo capabilities and advancements for modern BI. For example, it integrates with the identity-based attributes a customer already has in place, like partner IDs or categories, and uses them to permission data and content dynamically so third parties only see what they should, making distribution of data at massive scale easy and elegant. In addition, Domo Everywhere benefits from Domo's enterprise security and governance, sub-second query and performance time. On the front end, Domo Everywhere leverages user-friendly data story creation capabilities, intelligent apps, visualizations and native mobile capabilities to enable personalized experiences with data for every user.
"Embedding data is a concept that has been around for decades. Domo Everywhere respects the simple need to deliver legacy embedding and extends the capabilities so modern businesses can create competitively differentiated experiences for their customers. We have broken down traditional barriers to scale. For example, we have a customer with nearly 500B ros of data being distributed to their customers via Domo Everywhere," says Heglar.
Charles Larkin, Director of Data Analytics and a leader in Emerson's (News - Alert) cold chain business, commented, "With Domo Everywhere, we are able to leverage massive amounts of IoT data to create differentiated offerings that our customers highly value. Domo gives us the ability to drive even greater data participation and engagement from our customers through a highly personalized and interactive solution."
Unilever's United for America Annual Day of Service is a component of Unilever's Every Day U Does Good campaign. The Day of Service provides support for local communities, such as pandemic relief through volunteer and donation efforts. The initiative, in its second year, engages the company's employees at both office and factory locations, plus over 170 corporate partners, and leverages Domo Everywhere to track volunteer efforts and share that impact with executive team members, brand managers, partners, retailers and volunteers.
"As part of our second annual Day of Service and ongoing Every Day U Does Good campaign, Unilever donated over 9.5 million products to communities in need this year and together with our 170 corporate partners volunteered more than 2,600 hours, in support of American communities in need. The ability to track and distribute this data in real-time across our organization and to our partners is a credit to the technology and expertise delivered by Domo," said Jessica Sobel, Head of Business Transformation, North America at Unilever. "The speed and agility that Domo Everywhere gave us in understanding and sharing the impact of this service program was a game changer for keeping our employees and partners informed and engaged."
Domo Everywhere is offered as a new service on the Domo platform and is available today.
For more information about Domo Everywhere, visit www.domo.com/embedded-analytics.
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.
This press release contains forward-looking statements as defined within the meaning of the U.S. federal securities laws, including statements regarding the results and benefits from using Domo Everywhere, empowerment of Domo customers to create, deliver, monetize, and otherwise leverage their data, and related anticipated results. These statements are based on information, expectations and assumptions as of the time of this press release with respect to future events and business performance and are subject to risks and uncertainties that may cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements, including but not limited to the risks set forth in our most recent Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K, and our other filings with the U.S. Securities and Exchange Commission. Forward-looking statements should not be read as a guarantee of future performance or results, and they will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.
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