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Forrester Report: The Total Economic Impact of Domo

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ROI matters. That’s why Domo commissioned Forrester Consulting, an independent research firm, to investigate the total economic impact of the Domo platform, highlighting the benefits of real-time business optimization. Here's a sneak peek at the benefits of using Domo uncovered from four in-depth customer interviews.

Published in: Technology

Forrester Report: The Total Economic Impact of Domo

  1. 1. THE REAL VALUE OF OPTIMIZING YOUR BUSINESS WITH A look at the total economic impact of Domo for its customers. PRESENTED BY
  2. 2. $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Domo recently commissioned Forrester Consulting to conduct a study examining the potential ROI of Domo's business optimization software. Based on in-depth interviews with real Domo customers, Forrester estimated that a composite organization would experience the following benefits over a three-year period:
  3. 3. Domo gave executives the ability to make decisions with real-time data, resulting in: Improved performance and agility. $12 MILLION increase in annual revenue $2 MILLION PROFIT More than FORRESTER REPORT: The total economic impact of Domo.
  4. 4. Clear, actionable information. More than $2.1 MILLIONin savings Domo's drill-down capabilities allowed executives to reduce operating costs using insights that were previously buried in data, resulting in: FORRESTER REPORT: The total economic impact of Domo.
  5. 5. More than $4.9 MILLION in productivity savings Data access and insights for everyone. Domo is easy to implement, which allows users to make data-driven decisions without the help of analysts, resulting in: FORRESTER REPORT: The total economic impact of Domo.
  6. 6. Forrester found that a Domo investment results in a risk-adjusted ROI of 294% over three years. That's nearly three dollars earned for every dollar spent. 100% 300% 0% 294% ROI FORRESTER REPORT: The total economic impact of Domo.
  7. 7. Quick payback, long-term benefit Payback time: < 1 month Forrester found Domo pays for itself, and it pays for itself fast— customers saw a return on investment in less than 1 month. Net present value: $5.5 million Domo increases revenue by millions of dollars per year. FORRESTER REPORT: The total economic impact of Domo.
  8. 8. OPTIMIZE YOUR BUSINESS WITH DOMO. Domo’s business optimization software helps decision-makers access data in real time and make more rapid business decisions, resulting in revenue growth, cost reduction, and greater efficiency throughout the organization. To learn more visit www.domo.com

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