10 Buzzing AI Stocks on Latest News and Ratings

7. Domo, Inc. (NASDAQ:DOMO)

Number of Hedge Fund Holders: 15

Domo, Inc. (NASDAQ:DOMO) operates a cloud-based business intelligence platform. On January 6th, the company announced that it has partnered with Data Consulting Group (DCG), a global firm offering management consulting, staff augmentation, and business process outsourcing services. DCG employs Domo’s AI and data products platform to enhance its operations and allow customers to automate, integrate, and elevate their data ecosystems. Its expertise in enterprise data strategy, AI readiness, and data governance helps businesses solve their data problems and maximize returns on data investments.

The new collaboration will enable Domo and DCG to offer advanced business intelligence capabilities to global enterprises. DCG will be offering its expertise while Domo’s platform will be employed to deliver streamlined, end-to-end data management and real-time insights. This will be done through tools like Domo Everywhere, an embedded analytics solution that has become a key part of DCG’s offerings. The collaboration includes working with one of the world’s largest gaming platforms and also includes helping DCG modernize customer tracking, support seamless data integration, and enable a collaborative approach to analytics.

“DCG’s ability to bridge data management with holistic enterprise strategies make them an ideal partner for Domo. They have a unique talent for untangling data problems across large organizations, often uniting teams that speak different data languages under one cohesive strategy”.

-RJ Tracy, Domo’s CRO.