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Domo Introduces Groundbreaking AI Features to Expand Domo.AI Framework and Bring the Transformative Power of AI to AllToday Domo (Nasdaq: DOMO) announced at Domopalooza: the AI + Data Conference a new wave of features for Domo.AI, the company's framework of flexible artificial intelligence (AI) services, powered by its award-winning platform. New features announced today help ensure each organization's unique AI needs are fulfilled, through broader access to AI models offered across the industry and by bringing AI technology to life simply and securely within Domo. "Our goal with Domo.AI is to provide customers with an ideal environment to merge their invaluable data with the transformative power of AI in order to supercharge business results," said Daren Thayne, chief technology officer and EVP of product, Domo. "By creating that type of open framework for AI + Data, we are giving users a pathway to immediate success, without going to the extraordinary lengths they may otherwise have to. All of this is underscored by full security, governance and transparency in how AI comes to life in Domo." Domo users can have meaningful AI-powered experiences that help them multiply their impact. At Domopalooza, Domo provided early looks at AI Chat and Universal Models, two features currently in beta:
"Based on our research we assert that by 2027, three-quarters of all data processes will use AI and ML to accelerate the realization of value from the data," said Matt Aslett, Director of Research, Analytics and Data, Ventana Research, now part of ISG. "Domo's continued investment in AI capabilities that are flexible, intuitive and properly secured and governed, enable users to leverage the power of AI to increase the value that can be derived from data." For more information on Domo.AI, visit: ai.domo.com. For more information on the product updates and features announced at Domopalooza 2024, visit here. 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 AI, data science and 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 LinkedIn, X and Facebook. Domo and Domopalooza are registered trademarks of Domo, Inc.
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