SILICON SLOPES, UT--(Marketwired - May 10, 2017) - Domo, provider of The Business Cloud -- the world's first business optimization platform -- today announced that it was named the number one vendor in the Dresner Advisory Services' 2017 Collective Insights® Market Study, part of the Wisdom of Crowds® series of research. This announcement comes on the heels of Domo's number one vendor rating in the Dresner 2017 Cloud Computing and Business Intelligence (BI) Market Study.
"This year, we witnessed a notable spike in the importance of collaborative BI. This expanded interest in collaboration and user governance is fueled by the desire to leverage scarce resources and the drive toward faster, better group-based decision making," said Howard Dresner, founder and chief research officer at Dresner Advisory Services. "We congratulate Domo on its number one ranking in this year's Collective Insights report."
This second edition of the Collective Insights® Market Study builds on previous Dresner Advisory Services' collaboration studies by examining capabilities to control and direct user behavior in the collaborative environment, driving greater consistency and management into the process. In rating vendors, the Market Study considered all collaborative, governance, data storytelling and framework integration features, with feature importance weighted by users.
Domo's Business Cloud is the world's largest analytics platform for business data, and is the first customizable platform that enables decision makers to identify and act on strategic opportunities in real time. Domo revolutionizes the way business is managed by connecting all employees -- from the CEO to the front-line worker -- to the right data and people they need, improving a business decision maker's ability to better understand his or her business, make more effective and more efficient decisions, and take timely action to improve results. The power and scale of The Business Cloud have enabled data-driven business transformations at some of the most innovative and progressive organizations across the world.
For a complimentary copy of the report, visit: https://www.domo.com/learn/collective-insights-market-study
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) 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.
About Domo
Domo helps all employees -- from the CEO to the front-line worker -- optimize business performance by connecting them to the right data and people they need to improve business results. Domo's Business Cloud is the world's first customizable platform that enables decision makers to identify and act on strategic opportunities in real time. The company works with the world's leading and most progressive brands across multiple industries including retail, media and entertainment, manufacturing, finance and more. For more information, visit www.domo.com. You can also follow Domo on Twitter, Facebook, LinkedIn, Google+, Instagram and Pinterest.
Domo, Domo Business Cloud and The Business Cloud are trademarks of Domo, Inc.
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Domo, Inc.
PR@domo.com