Domo: Domo (DOMO) Partners with Human Capital Vue to Transform HR Analytics with AI

In This Article: We recently published a list of 14 AI News and Ratings Making Waves on Wall Street . In this article, we are going to take a look at where Domo, Inc. (NASDAQ:DOMO) stands against other AI news and ratings making waves on Wall Street. According to a Fortune Business Insights report, the global data center market, valued at $242.72 billion in 2024, is expected to grow to $585 billion by 2032, at a compound annual growth rate of 11.7%. North America led the market in 2024, holding a nearly 39% share. According to the report, generative AI is significantly impacting the sector, as its deep learning models require substantial computing power, scalable storage, and high-performance infrastructure. The market is also shifting towards hybrid and multi-cloud strategies, enabling organizations to integrate public, private, and on-premise solutions efficiently. Additionally, modular data centers are gaining traction due to their cost-effectiveness, scalability, and faster deployment compared to traditional facilities, the report stated. Meeting AI Demand with Scalable and Sustainable Data Centers For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey's Q4 database of over 1000 hedge funds. At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points ( see more details here ). Domo (DOMO) Partners with Human Capital Vue to Transform HR Analytics with AI A view of the company's cloud-based business intelligence platform in use. Domo, Inc. (NASDAQ: DOMO ) Number of Hedge Fund Holders: 18 Domo, Inc. (NASDAQ:DOMO) provides a cloud-based business intelligence platform that connects employees with real-time data across multiple devices. On March 27, Domo (NASDAQ:DOMO) announced its partnership with Human Capital Vue, a provider of human capital management data solutions and a UKG partner, to improve HR analytics through Domo's data and AI platform. The collaboration helps HR teams integrate data from multiple systems, improving efficiency and decision-making. Traditional data management methods often create security risks and inefficiencies, but Domo's platform consolidates and secures data while enabling real-time insights. Clients previously spent up to 18 months developing HR dashboards, but with Domo (NASDAQ:DOMO), full organizational visibility is achieved in weeks. The partnership allows HR leaders to access key workforce metrics, optimize resources, and improve employee retention insights. Overall, DOMO ranks 13th on our list of AI news and ratings making waves on Wall Street. While we acknowledge the potential of DOMO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DOMO but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires . Disclosure: None. This article is originally published at Insider Monkey . Domo (DOMO) Partners with Human Capital Vue to Transform HR Analytics with AI