Domo BI update includes application development and multi-cloud tools
New application development tools and enhanced multi-cloud capabilities highlight the latest update to the Domo BI platform as the vendor attempts to give more business users access to data and analytics.
Domo, founded in 2010 and based in American Fork, Utah, unveiled the new and improved features on Wednesday during Domopalooza 2022, the provider’s virtual user conference.
Josh James, founder and CEO of Domo until his resignation on March 2, started the company on the principle that analytics should be for everyone in an organization rather than just members of the executive suite. and a team of data scientists and analysts.
As a result, Domo has made embedded BI a priority in recent years, adding tools that allow developers to build analytics applications and deliver them to end users so they can inform in-the-moment decisions in the daily workflows of these end users.
With the launch of Data Apps on Wednesday, Domo is adding to its app development and bolstering its integrated BI capabilities under new CEO John Mellor.
Data apps are low-code tools that combine data, analytics, and workflows and can be customized to meet the needs of various roles within an organization. Data Apps can be used on a mobile device or integrated into existing applications and work processes, and their purpose is to guide and inform business users when making decisions.
This app experience for analytics is exactly what many organizations need, according to Ventana Research analyst David Menninger.
“I’m a big fan of apps,” he said, noting that data shows many organizations continue to struggle to put analytics in the hands of more than a small percentage of workers.
“Most working people are not analysts, [and] Asking them to become analysts is not the right way to help them do their jobs better,” Menninger continued. “Data Apps is Domo’s way of delivering their functionality in a way that’s much better suited to helping people do their jobs.
In addition to providing an easy-to-use framework for developing and deploying analytics applications, Domo unveiled four Solution Accelerators, industry-specific data applications that make setup faster and easier by being equipped with the ability to extract specific data and perform common analyses. to a specific industry.
Accelerators include retail store performance and operations, retail supplier brand performance and information sharing, supply chain collaboration and operations, and profitability and behavior analytics bank customers. Now generally available, they should significantly benefit Domo customers in retail, supply chain and banking, according to Constellation Research analyst Doug Henschen.
“Domo is not the first BI/analytics vendor to offer no-code/low-code development options, but I like its industry-specific focus with solution accelerators for retail industries , GIC and financial services,” he said. “Accelerators can be more useful than toolkits or generalized features because they get you 80% of the way to a finished application.”
In addition to Domo Apps, the vendor unveiled new multi-cloud features with an update to Domo Multi-Cloud.
Domo’s existing multi-cloud capabilities, including its own cloud data warehouse, already enabled native integrations with cloud data warehouses beyond the Domo BI platform where users could store, query and transform data and perform analyses.
New features include what Domo calls side-by-side clouds and cross-cloud extraction, transformation and loading (ETL) where applications can use data from Domo’s cloud data warehouse and a another cloud data warehouse without moving or copying data and without losing performance.
Additionally, customers can make one cloud their preferred storage cloud where they can move data from other clouds and select a target cloud when transitioning data between clouds.
According to Henschen, the new multi-cloud capabilities not only expand options for users, but also deliver on a promise Domo made at its 2021 user conference.
“Many potential customers want to leverage their investments in third-party cloud data warehouses and data stores hosted on other public clouds,” he said. “Domo delivered on those requests last year. And it looks like they’re delivering on that promise here in 2022, announcing ‘side-by-side clouds’ and cross-cloud ETL.”
The potential of the new features is that customers will be able to use data where it resides without moving or copying their data, Henschen continued.
“From a customer perspective, it’s about leveraging existing investments without compromising Domo’s performance,” he said.
Likewise, Menninger noted the importance of the added multi-cloud capability.
“For organizations that have committed to using a cloud data warehouse, they now have an option in Domo to support this setup,” he said. “Originally, Domo only supported the Domo warehouse. If your data was somewhere else and you wanted to analyze it with Domo, you had no choice but to load it into their warehouse.”
Beyond developing new applications and multi-cloud capabilities, Domo has expanded its BI platform by adding what it calls its enterprise toolkit, new data modeling tools, and integration with the Microsoft Office suite and Teams.
The Enterprise Toolkit combines Domo’s Governance Toolkit, Sandbox, and Branding Toolkit into a single environment. The Governance Toolkit enables users to scale and automate data management tasks, Sandbox is a portal for collaborative development and testing, and the Brand Kit enables users to maintain a consistent look and feel across their data system.
Microsoft integrations, meanwhile, allow users to sync Domo data with Microsoft Office, share real-time data with Word and PowerPoint, use Domo directly with Outlook, transform data in Excel by importing sets Domo data and share data within Teams.
“Domo has worked steadily in recent years to strengthen its enterprise platform chops, usefulness across functions and industries, and more recently its ability to meet multi-cloud requirements and a user base wider,” Henschen said. “I like the general direction.”