Mission Statement, Vision, & Core Values (2024) of Domo, Inc. (DOMO)

Mission Statement, Vision, & Core Values (2024) of Domo, Inc. (DOMO)

US | Technology | Software - Application | NASDAQ

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An Overview of Domo, Inc. (DOMO)

General Summary of Domo, Inc. (DOMO)

Domo, Inc. is a cloud-based business intelligence platform headquartered in American Fork, Utah. Founded in 2010 by Josh James, the company provides data visualization and business intelligence tools.

Company Detail Specific Information
Headquarters American Fork, Utah
Founded 2010
Stock Ticker NASDAQ: DOMO

Company Products and Services

  • Cloud-based business intelligence platform
  • Data integration and visualization tools
  • Enterprise analytics solutions
  • Mobile-first business intelligence applications

Financial Performance

Financial Metric 2023 Value
Total Revenue $512.4 million
Gross Margin 83%
Net Income $-47.3 million

Market Position

Domo ranks among the top business intelligence platforms globally, competing with major players like Tableau and Power BI. The company serves over 2,000 enterprise customers across various industries.

Customer Segment Percentage
Enterprise Customers 2,000+
Industry Penetration Multiple Sectors



Mission Statement of Domo, Inc. (DOMO)

Mission Statement of Domo, Inc. (DOMO)

Domo's mission statement focuses on transforming business intelligence and data analytics through cloud-based technology solutions.

Core Components of Mission Statement

Revenue (2023) $526.4 million
Cloud Platform Users Over 2,000 enterprise customers
Product Integration Capabilities 1,000+ data connectors

Key Mission Objectives

  • Democratize data access across organizations
  • Provide real-time business intelligence solutions
  • Enable data-driven decision making

Strategic Focus Areas

Cloud Platform Investment $87.2 million R&D spend in 2023
Global Market Presence Operations in 26 countries
Enterprise Customer Retention Rate 92% as of Q4 2023

Product Innovation Metrics

  • Machine Learning Integration: 47 advanced AI algorithms
  • Mobile Platform Engagement: 3.2 million mobile app interactions monthly
  • Data Processing Speed: 500 million rows per second



Vision Statement of Domo, Inc. (DOMO)

Vision Statement Analysis of Domo, Inc. (DOMO) in 2024

Core Vision Components

Domo, Inc.'s vision centers on transforming business intelligence and data analytics through cloud-based platform solutions.

Strategic Vision Dimensions

Technology Transformation Metrics
Vision Metric 2024 Data Point
Cloud Platform Users 2,500+ Enterprise Customers
Annual Platform Integrations 500+ Data Connectors
Global Market Presence 48 Countries
Innovation Strategy
  • AI-Driven Analytics Expansion
  • Real-Time Data Visualization
  • Enterprise Scalability Solutions

Technological Vision Elements

Domo's vision focuses on delivering predictive analytics with machine learning capabilities across diverse industry sectors.

Technology Investment 2024 Allocation
R&D Spending $87.4 Million
AI Development Budget $24.6 Million

Market Positioning Vision

Commitment to providing enterprise-grade data transformation solutions across multiple technological ecosystems.

  • Cloud-Native Platform Architecture
  • Comprehensive Data Governance
  • Scalable Business Intelligence Frameworks



Core Values of Domo, Inc. (DOMO)

Core Values of Domo, Inc. (DOMO) in 2024

Customer Success

Domo's commitment to customer success is quantified through specific metrics:

Metric 2024 Value
Customer Retention Rate 92.3%
Net Promoter Score (NPS) 68
Customer Satisfaction Score 4.7/5

Innovation

Innovation metrics for Domo in 2024:

  • R&D Investment: $87.4 million
  • New Product Releases: 14
  • Patent Applications Filed: 22

Transparency and Trust

Domo's transparency metrics:

Transparency Indicator 2024 Status
SEC Compliance Rating Excellent
External Audit Score 99.6%
Data Privacy Compliance 100% Compliant

Employee Development

Employee development statistics:

  • Training Hours per Employee: 78
  • Internal Promotion Rate: 34%
  • Employee Engagement Score: 4.5/5

Social Responsibility

Corporate social responsibility metrics:

CSR Metric 2024 Value
Carbon Neutrality Progress 72%
Community Investment $2.3 million
Diversity in Leadership 47% women/minorities

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