Domo, Inc. - Class B Common Stock (DOMO)
Competitors to Domo, Inc. - Class B Common Stock (DOMO)
Looker GOOG -2.24%
Looker, a part of Google Cloud, provides a data platform that enables businesses to explore and analyze their data. It competes with Domo by offering a focus on data modeling and an API-first approach that allows for deep customization and integration with other data sources. Looker's backing by Google's extensive cloud infrastructure gives it a significant competitive advantage in terms of scalability and performance, which appeals to enterprises looking for robust data solutions.
Power BI MSFT -3.15%
Microsoft's Power BI competes directly with Domo by offering a comprehensive set of business analytics tools that allow users to visualize and share insights from their data. Power BI benefits from its seamless integration with Microsoft’s ecosystem, making it a popular choice for organizations already using Microsoft products. Moreover, the affordability and ease of use of Power BI give it a competitive advantage, particularly among small to medium-sized businesses looking for cost-effective analytics solutions.
Qlik
Qlik offers a unique data analytics platform that emphasizes user-driven business intelligence and analytics solutions. Competing with Domo, Qlik's strength lies in its associative data indexing engine, which allows users to easily uncover hidden insights across different datasets. Qlik’s strong focus on self-service analytics and its flexible deployment options provide it with a competitive edge in attracting customers who prioritize data exploration and accessibility.
SAP Analytics Cloud SAP -5.99%
SAP Analytics Cloud offers an integrated business intelligence solution that combines various analytics functionalities, such as planning and predictive analytics, positioning it against Domo in the enterprise segment. Its competitive edge comes from its integration with other SAP solutions and robust data management capabilities, allowing large organizations to maintain consistency in their analytics processes. However, this strong enterprise focus may limit its appeal to smaller businesses, presenting an opportunity for Domo in that market.
Tableau Software
Tableau is a leading data visualization tool that competes with Domo by providing robust data analytics and business intelligence solutions. Both companies focus on making data accessible and understandable for users, but Tableau excels in providing advanced data visualization features and a strong user community. Tableau's integration capabilities with different data sources and its focus on customization has given it a competitive edge, particularly among data analysts and professionals looking for deep data insights.