Progress Software plans Domo integration after $400M acquisition
Progress Software is starting to reveal what it intends to do with Domo, the analytics company it acquired in July for $400 million—roughly the amount Domo made in annual revenue. Progress is eyeing Domo’s AI-powered data tools to boost its existing platform, aiming to help enterprises turn vast data into real-time, actionable insights. The integration targets automation and better decision-making directly within business workflows.
- Progress bought Domo for $400 million in July
- Plan is to blend Domo's AI tools into Progress products
- Focus will be on real-time insights and workflow automation
- Domo's ability to centralize enterprise data is central to the strategy
Sources covering this
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