Domo Introduces Groundbreaking AI Features to Expand Domo.AI Framework and Bring the Transformative Power of AI to All
29 March 2024 - 7:05AM
Business Wire
Domo.AI offers users more tools that can adopt
and optimize any AI model and benefit their unique business
needs
Today Domo (Nasdaq: DOMO) announced at Domopalooza: the AI +
Data Conference a new wave of features for Domo.AI, the company’s
framework of flexible artificial intelligence (AI) services,
powered by its award-winning platform.
New features announced today help ensure each organization’s
unique AI needs are fulfilled, through broader access to AI models
offered across the industry and by bringing AI technology to life
simply and securely within Domo.
“Our goal with Domo.AI is to provide customers with an ideal
environment to merge their invaluable data with the transformative
power of AI in order to supercharge business results,” said Daren
Thayne, chief technology officer and EVP of product, Domo. “By
creating that type of open framework for AI + Data, we are giving
users a pathway to immediate success, without going to the
extraordinary lengths they may otherwise have to. All of this is
underscored by full security, governance and transparency in how AI
comes to life in Domo.”
Domo users can have meaningful AI-powered experiences that help
them multiply their impact. At Domopalooza, Domo provided early
looks at AI Chat and Universal Models, two features currently in
beta:
- AI Chat gives customers the ability to hold contextual
conversations with their data; AI Chat will know what data is most
relevant depending on which dashboard or app a user is viewing.
Users can have a true conversation with their data, including
suggested follow up questions. The AI Chat also leans heavily on
transparency, allowing a user to see the exact steps taken when
answering a question and even allowing the editing of the SQL used
in the answer. AI Chat will also enable Domo users to build better,
faster dashboards and generate insights in a conversational way for
smarter, faster decision making.
- Universal Models offer high code value for low code
users, helping people bring a pre-built model to the data.
Featuring out-of-the-box AI models that are accessible to everyone,
not just data scientists, universal models are available for use
cases of all complexities. Universal Models for forecasting will be
available next month through Domo’s AI Services Layer. Additional
Universal Models for PII, sentiment analysis and anomaly detection
will become generally available in the coming months. Universal
models will be accessible from apps, cards, workflows, Magic ETL
and more.
Building on the successful launch of Domo.AI in August 2023,
Domo unveiled updates and new features made generally available at
Domopalooza, including:
- AI Model Management – Domo makes it easier for users to
register and manage external AI models – including those hosted in
OpenAI, Databricks, Amazon Bedrock, Hugging Face and more.
Customers can also build and train models in Domo and deploy them
from Domo Jupyter or Auto ML. Once deployed in AI Model Management,
the models can be leveraged from apps, workflow engine or Magic
ETL, empowering a broad base of users not familiar with how to
create an AI model, and unlock real business impact from AI models.
Domo also announced the new availability of Hugging Face models for
external hosting.
- The ResponsibleGPT App – These days, everyone seems to
be using ChatGPT, Gemini or other GenAI chat services to help with
small tasks at work. We have seen the risks of sharing sensitive
information with the public interfaces for these services, which
will add the information to their public LLM. The ResponsibleGPT
App was built using the Domo text generation AI Service, which
means it leverages an API connection to the selected LLM. The API
calls are not stored within the public LLM model and all
conversations in the ResponsibleGPT app are also stored in a Domo
dataset for auditing and administrative review. The app comes with
a quickstart for a Domo dashboard tracking conversations from the
app.
“Based on our research we assert that by 2027, three-quarters of
all data processes will use AI and ML to accelerate the realization
of value from the data,” said Matt Aslett, Director of Research,
Analytics and Data, Ventana Research, now part of ISG. “Domo’s
continued investment in AI capabilities that are flexible,
intuitive and properly secured and governed, enable users to
leverage the power of AI to increase the value that can be derived
from data.”
For more information on Domo.AI, visit: ai.domo.com.
For more information on the product updates and features
announced at Domopalooza 2024, visit here.
About Domo
Domo puts data to work for everyone so they can multiply their
impact on the business. Our cloud-native data experience platform
goes beyond traditional business intelligence and analytics, making
data visible and actionable with user-friendly dashboards and apps.
Underpinned by AI, data science and a secure data foundation that
connects with existing cloud and legacy systems, Domo helps
companies optimize critical business processes at scale and in
record time to spark the bold curiosity that powers exponential
business results.
For more information, visit www.domo.com. You can also follow
Domo on LinkedIn, X and Facebook.
Domo and Domopalooza are registered trademarks of Domo, Inc.
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Cynthia Cowen PR@domo.com
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