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Domo announced that its AI and data platform business is now part of Progress Software. The update signals a new phase for Domo following its integration into the larger technology company.
Both companies are expected to focus on expanding AI-powered solutions under the new structure, though specific plans were not detailed in the announcement.
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Domo previously stated that business intelligence tools remain essential as artificial intelligence accelerates analytics, countering claims that BI is no longer relevant here. The company has also emphasized the importance of acting on AI-driven insights to achieve real business results here. The integration with Progress Software follows these statements on the role of BI and AI in driving value.