Forrester Study: The Total Economic Impact™ of Domo For Small and Medium Businesses

The BI landscape is stacked with innovative solutions and technologies, and it’s important to know that your investments pay off and make an impact. That’s why for the third year, Domo commissioned Forrester Consulting, a leading global research and advisory firm, to conduct a study evaluating the total economic impact of the Domo platform. Here’s a sneak peek at the quantitative and qualitative benefits of using Domo that Forrester uncovered from four in-depth customer interviews:

Key benefits:

• A centralized, single source of the truth
• Simplified analysis and reporting across multiple data sources
• Automated reporting for near real-time insights

Key financial results:

• 345% return on investment (ROI)
• Less than 6 month payback period
• Increased revenue of $1,120,048
• Finance and business labor savings of $1,107,893
• Technical labor savings of $246,198