Domo’s Data Apps Can Deliver an ROI of 455%
Forrester Study: The Total Economic Impact™ of Domo
In today’s landscape, companies are looking to improve business outcomes and bring data to the forefront of decisions. Domo commissioned Forrester Consulting, a leading global research and advisory firm, to identify the benefits of Domo’s low-code data app platform that goes beyond traditional business intelligence.
To better understand the benefits, costs, and risks associated with this investment, Forrester interviewed four decision-makers with experience using Domo. The interviewees developed custom apps on Domo to drive corporate strategy by providing decision-makers across the organization with data and insights in an appealing and easily accessible format, allowing them to quickly digest the information and take action. Key results from the investment include improved sales, reduced costs, and improved cash flows.
Forrester concluded that Domo has the following business benefits and three-year financial impact. Download the study to learn more.
Key Benefits:
- Return on Investment (ROI) of 455%
- $13.2 million net present value (NPV)
- Better visibility into the globally distributed business
- Better management decisions and policy development