Domo Recognized as an Overall Leader in the 2023 Dresner Wisdom of Crowds ® Business Intelligence Market Study

SILICON SLOPES, Utah--(BUSINESS WIRE)--Today Domo (Nasdaq: DOMO) announced it has been named an overall leader and received its seventh consecutive perfect recommendation score in Dresner Advisory Services’ 2023 Wisdom of Crowds ® Business Intelligence (BI) Market Study Customer Experience and Vendor Credibility Models.

Dresner Advisory Services’ 14^th edition of this report provides a comprehensive look and broad assessment of the BI market. The report includes in-depth analyses of BI topics such as adoption and deployment, data leadership, organization budgets, data literacy and objectives and achievements. This year’s report found that out of 59 topics, data security, data quality and reporting are the top technologies and initiatives strategic to BI.

This year, Domo maintained a perfect recommendation score and is recognized as “best in class” in:

• Integration with 3^rd party technologies
• ease of installation
• ease of administration

In both the Customer Experience and Vendor Credibility models, Domo is an overall leader. The Customer Experience model considers the real-world experience of customers as they work with a vendor’s technology solution on a daily basis, plotting the various customer touch points against sentiment surrounding product and technology. The Vendor Credibility Model considers a vendor’s relationship with customers, plotting perceived value for price paid against a calculated “confidence” score.

“Domo’s perfect recommendation score is a testament to the impact of our data experience platform, and its alignment with the BI needs businesses have today,” said Josh James, founder and CEO, Domo. “We’re pleased to be recognized by Dresner for this success, and for our continued commitment to make insights actionable for customers in every corner of the business.”

This marks Domo’s third Dresner distinction in 2023, which includes top rankings in Dresner Advisory Services' 2023 Cloud Computing and Business Intelligence Market Study and Dresner Advisory Services' 2023 Self-Service Business Intelligence Market Study.

“We congratulate Domo once again for being named an overall leader in our flagship BI study, in which the vendor ratings are driven solely by voice of the customer,” said Howard Dresner, founder and chief research officer at Dresner Advisory Services. “The BI industry continues to grow and rapidly evolve, and this recognition speaks to the high regard customers hold for Domo.”

For a copy of the Dresner Advisory Services’ 2023 Wisdom of Crowds ® BI Market Study, visit here.

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 Dresner Advisory Services

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), Analytical Data Infrastructure, Performance Management, and related areas.

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 Twitter, Facebook and LinkedIn.

Domo is a registered trademark of Domo, Inc.