Domo Ranked #1 Vendor in Dresner Advisory Services' 2020 Cloud Computing and Business Intelligence Market Study For Fourth Consecutive Year
Domo leads pack of 15 vendors as deployments of public cloud BI applications steadily grow
SILICON SLOPES, Utah – April 6, 2020 – Today Domo (Nasdaq: DOMO), provider of the Domo Business Cloud, announced that it has once again topped the list of cloud business intelligence (BI) vendors in the Dresner Advisory Services’ 2020 Cloud Computing and BI Market Study.
In its ninth edition of the report, Dresner Advisory Services’ examined a wide selection of end-user deployment trends and attitudes toward cloud computing and business intelligence. The study explored the perceived benefits and barriers for cloud BI, the importance of cloud BI, and their current and planned usage, with the results pointing to substantial benefits over traditional on-premises implementation.
According to the report, respondents considered access, support and security as the leading benefits to deploying a cloud BI solution. The respondents also listed ease-of-use, cost and scalability as other important factors that influenced their decisions.
“Congratulations to Domo for continuing to hold the top spot among the vendors we evaluated in our 2020 Cloud Computing and BI Market Study,” said Howard Dresner, founder and chief research officer at Dresner Advisory Services. “This 9th edition of our study indicates that plans to deploy cloud BI continue to grow and an all-time high 54 percent of respondents consider it ‘critical’ or ‘very important’ to their organizations.”
For a copy of the report visit here.
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) and related areas. 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.
Domo is the Business Cloud, empowering organizations of all sizes with BI leverage at cloud scale, in record time. With Domo, BI-critical processes that took weeks, months or more can now be done on-the-fly, in minutes or seconds, at unbelievable scale. For more information about how Domo (Nasdaq: DOMO) helps its customers go fast, go big and go bold, visit www.domo.com. You can also follow Domo on Twitter, Facebook and LinkedIn.
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Domo, Domo Business Cloud, Domo is the Business Cloud and Domopalooza are registered trademarks of Domo, Inc.