Domo commissioned Forrester Consulting, an independent research firm, to conduct a study evaluating the total economic impact of Domo, highlighting the benefits of real-time business optimization. Their analysis made the impact of Domo clear.
Forrester calculated a risk-adjusted Return on Investment (ROI) of 294% over three years.
That's nearly three dollars earned for every dollar spent.
Forrester found Domo pays for itself, and it pays fast—customers saw a return on investment in less than 1 month.
Using real-time data from Domo, execs at a media and entertainment company reallocated ad dollars, resulting in:
in yearly increased revenue.
in profit margin.
increase in yearly profit.
increase in profit over three years.
Domo provided increased visibility into one company's growing mobile phone bill costs, resulting in:
in mobile phone expenses
over 6 months.
saved over 3 years.
One organization used Domo's self-service capabilities to eliminate hundreds of regular reports and reduce need for analysts, resulting in:
saved over 3 years through improved allocation of resources.
Based on the interviews and analysis of four Domo customers, the composite organization saw:
> $7.4 million
> $1.8 million
Domo brings together the people and the data you need to gain actionable insights and make the kind of decisions that affect the bottom line. Domo helps you increase revenue, reduce costs and increase productivity across your entire organization.
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