DOMO FOR DATA SCIENCE
See what’s next for your business with AI and ML.
Analyze all your data in Domo with data science best practices. Easily manage your models and put them into production to provide predictive insights that guide your business.
Know who/what is at risk and what key variables have the most impact.
Forecasting and Pattern Recognition
Improve estimates of key business outcomes and the drivers associated with them.
Understand ideal arrangements to create the greatest outcome.
Identify items for what they are and handle them in the correct manner.
Reduce loss and enhance your processes.
Maximize revenue and minimize cost by identifying planning tools and taking direct action.
FORECASTING AND PATTERN RECOGNITION
Increase focus and improve results.
Cut through the complexity and focus on the important indicators.
Get recommendations on resource allocation.
Know how to group items and how to best organize for optimal outcomes.
More accurate tagging creates better management.
Better label individuals for optimum handling and decision-making.
See how Finance teams can use data science to improve their cash position.
Here are just a few ways that you can use Data Science for Finance to get more precise, accurate forecasting around your revenue, productivity, and profitability, so you can preserve your cash flow, make informed decisions, and reduce financial risk.
Solution: Domo allows you to create a machine learning model to estimate the impact of areas of uncertainty, minimize forecasting errors, and run scenario analyses and simulations.
Impact: Understand variability and what levers can be controlled to impact financial performance. Decide where to cut spending, detect anomalies in spending, and create more precise forecasts.
Solution: Create models to set forecasts based on solid data—and not just assumptions—and understand which factors impact demand the most.
Impact: Forecast reasonable expectations for your business in a downturn, anticipate demand, and even determine when to get your employees back to work in the office after working from home.
Solution: Leverage innovative data collection and smart experimentation to create a cost/benefit analysis based on employee location, salary, and other factors.
Impact: Understand the financial impact and maximize cost efficiency as you navigate current remote work arrangements and hire new employees.
Solution: Analyze your company’s data, public data, and historical recession trends alongside trends to build an economic shock model that predicts how random, unpredictable impacts on the economy will impact your company.
Impact: Improve your confidence in your business decisions now and in the future, even among times of great economic uncertainty.
Solution: Domo can train a machine learning model to predict CLV by collecting and analyzing factors that may impact lifetime value such as the sales team, type of product, customer characteristics, and more.
Impact: CLV scores can be used to close more customers that fit your ideal profile, retain current customers, and help you to optimize your business around what will create the most profit.
Domo’s Data Science Suite
The Data Science Suite includes both tools and services to help you put data science into production, so you can begin using more precise and predictive insights to guide your decision-making.
Webinar: Data Science Readiness with Asure
Webinar: Putting Data Science into Production with Domo
Webinar: Are You Ready for Data Science?
Webinar: How Domo Customers Use Data Science