Domo partners with HCVue for HR data integration

SILICON SLOPES, Utah - Domo Inc. (NASDAQ:DOMO), an AI and data products platform with annual revenue of $317 million and a robust gross profit margin of 74.45%, has announced a partnership with Human Capital Vue (HCVue), a leading provider in human capital management data solutions. According to InvestingPro analysis, the company’s stock has shown strong momentum with a 22.6% return year-to-date, despite facing some operational challenges. This collaboration aims to provide HR professionals with enhanced data integration and actionable insights by leveraging Domo’s technology, including its AI tools and extensive data connectors library. While InvestingPro data indicates the company maintains a FAIR financial health score of 2.13, suggesting stable operational capabilities, analysts have identified several growth opportunities and challenges that subscribers can explore in the comprehensive Pro Research Report.

HR professionals often encounter difficulties in accessing and consolidating data due to departmental silos in operations, sales, and IT. Traditional methods such as manual data exports or expensive data warehouses can lead to security risks and inefficiencies. Domo’s platform promises to address these challenges by enabling seamless data integration across the organization.

According to Matt Hill, Chief Empowerment Officer at HCVue, the partnership has already led to improvements in employee satisfaction and retention metrics, which previously took months to analyze. The Domo platform facilitates the integration of UKG data, providing HR teams with real-time insights and reporting capabilities.

Clients using Domo’s services have reported a significant reduction in the time required to build comprehensive dashboards and report packages, from as long as 18 months to just a few weeks. This efficiency is achieved at a fraction of the cost compared to in-house development. The platform also ensures the security of employee information while utilizing new AI technologies.

Rita Seiller, HRIS Program Lead at Amstead, highlighted the value of instant reporting for leadership teams, which has enabled more effective management of human resources. RJ Tracy, CRO at Domo, emphasized HCVue’s expertise in data optimization and integration for UKG systems, making them a strategic partner for streamlining HR processes and enhancing strategy.

The partnership between Domo and HCVue illustrates a growing trend of leveraging advanced data platforms to transform workforce data into strategic assets for businesses. This collaboration is expected to empower HR teams to drive strategic outcomes and improve workforce health by providing a real-time, integrated view of their data. For investors seeking deeper insights, InvestingPro offers exclusive access to detailed financial analysis, including 6+ additional ProTips and comprehensive valuation metrics that can help evaluate Domo’s market position and growth potential.

This announcement is based on a press release statement from Domo, Inc.

In other recent news, Domo Inc. reported several significant developments. Despite no financial updates from their Domopalooza 2025 event, analysts from Citizens JMP maintained a Market Outperform rating with a $16 price target, reflecting confidence in the company’s future. The event highlighted Domo’s focus on product adoption and AI integration, with the introduction of Agent Catalyst, a tool designed to aid in developing AI agents, generating significant customer interest. Cantor Fitzgerald also maintained an Overweight rating with an $11 price target, emphasizing the strength of Domo’s partner ecosystem and the company’s strategic initiatives. The company has announced it expects to be free cash flow positive for the first quarter and the entire fiscal year 2026.

Additionally, Domo introduced platform enhancements to improve data interaction, including features for collaboration and data insights. These updates are part of Domo’s ongoing efforts to make data more accessible and actionable for organizations. In a leadership update, Domo appointed Mark Maughan as the new chief operating officer, highlighting his extensive experience within the company. His appointment is seen as part of the company’s strategic positioning in the technology sector. These developments underscore Domo’s commitment to advancing its platform and expanding its leadership team.

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