{"id":780788,"date":"2023-08-29T16:43:34","date_gmt":"2023-08-29T20:43:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/domo-announces-domo-ai-to-revolutionize-the-way-businesses-manage-and-deploy-artificial-intelligence\/"},"modified":"2023-08-29T16:43:34","modified_gmt":"2023-08-29T20:43:34","slug":"domo-announces-domo-ai-to-revolutionize-the-way-businesses-manage-and-deploy-artificial-intelligence","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/domo-announces-domo-ai-to-revolutionize-the-way-businesses-manage-and-deploy-artificial-intelligence\/","title":{"rendered":"Domo Announces Domo.AI to Revolutionize the Way Businesses Manage and Deploy Artificial Intelligence"},"content":{"rendered":"

<\/p>\n

\nDomo Announces Domo.AI to Revolutionize the Way Businesses Manage and Deploy Artificial Intelligence<\/p>\n

Built upon the power of the Domo data experience platform, Domo.AI offers a flexible framework that optimizes any AI model to fit the unique needs of business, from surfacing valuable insights to discovering the data stories that bring business impact to life<\/i><\/p>\n

SILICON SLOPES, Utah–(BUSINESS WIRE<\/a>)–
\nToday at the Domo Innovation Summit<\/a>, Domo<\/a> (Nasdaq: DOMO) announced Domo.AI, a portfolio of comprehensive and flexible artificial intelligence (AI) services, powered by the company\u2019s award-winning data experience platform. With Domo.AI, Domo users can access and capitalize on the broad possibilities of AI and have meaningful AI-powered experiences that help them multiply their impact on the business at scale.<\/p>\n

\n\u201cOur approach is rooted in the understanding that every business has unique needs and challenges that require flexibility and adaptability,\u201d said Daren Thayne, chief technology officer and EVP of product, Domo. \u201cCustomer use cases for AI + Data have as many variations as there are companies and employee roles. The Domo platform — and our architectural approach to Domo.AI — is purpose-built to deliver on this need for unique data experiences that help businesses overcome real-world challenges and accelerate innovation and growth.\u201d<\/p>\n

\nWith Domo.AI, users can easily manage, deploy and optimize AI and machine learning (ML) models, including Large Language Models (LLMs), and interact with data in simple and accessible ways. From marketing doing sentiment analysis and media mix modeling, to sales working on more timely and accurate forecasting, to risk departments strengthening fraud and security alert detection, and HR doing quicker and more precise capacity planning, Domo.AI powers rapid, actionable answers to core questions and processes for every function, delivering transformative data experiences that amplify an organizations\u2019 most powerful asset: human curiosity.<\/p>\n

\nDomo.AI builds upon the company\u2019s leading ML and data science (DS) functionality such as Jupyter Workspace and AutoML features. Domo\u2019s AI Service Layer<\/a>, announced earlier this summer, is now generally available (GA). With so much demand for scalable and flexible AI solutions, customers are already leveraging Domo.AI to drive AI-powered data experiences.<\/p>\n

\n\u201cAI is pushing a generational shift in how people interact with their data in a natural way, and Domo.AI is at the forefront of this shift. Working with some of the world’s largest construction programs as the only mandated safety software, Edify.ai is integrating Domo.AI into our solution and infusing AI and natural language capabilities to understand and explore important workplace safety data,\u201d said Cory Linton, CEO, Edify.ai. \u201cFor example, instead of working with static and clunky filtering to sort through data, we can ask our AI-powered dashboard questions in a natural, conversational way, and quickly receive answers in the format needed. I\u2019m incredibly excited for what Domo.AI will continue to enable for Edify and our customers.\u201d<\/p>\n

\nIn addition, Domo.AI, combined with Domo\u2019s advanced governance and observability features, ensures that organizations can maintain data integrity, adhere to security protocols and certify compliance with regulatory requirements, giving customers clarity around how and where models are being used.<\/p>\n

\n\u201cOur research shows that almost 9 in 10 organizations use or plan to adopt AI technology, although privacy and governance concerns abound for many,\u201d said Matt Aslett, VP and research director, Ventana Research. \u201cDomo\u2019s efforts to simplify model integration and increase governance and safety are designed to make users more capable and responsible stewards of AI in the enterprise.\u201d<\/p>\n

\nKey features accessible today in Domo.AI include:<\/p>\n