SILICON SLOPES, Utah, February 9, 2024 — Hello announced it today Falvey Insurance Group (Falvey) uses Domo to integrate many disparate data sources into one platform and create actionable data experiences that help everyone in the company make better-informed business decisions. Selected.
Falvey, one of the nation’s largest cargo insurance providers, helps shippers ensure their cargo is protected against loss, damage, and delay. The company struggled to access its many proprietary internal data systems. Every time a department needed answers from data, an analyst had to evaluate the data source specifications and custom design a query.
“Providing quality reporting in shipping logistics involves a large amount of data, including real-time vessel positions, cargo volumes, and warehouse locations,” said Jack Falvey, COO of Falvey Insurance Group. “Sometimes it took him two weeks to put together a report. We found ourselves constantly falling behind and putting in a lot of effort to get the data we needed and make it look good.” I did.”
Domo’s extensive library of connectors allowed Falvey to take data from a vast list of applications and bring it into a single source of truth that was accessible in real time. Falvey can now answer questions about workload metrics for hiring decisions, analyze impending cargo risks such as hurricanes, understand how prospects are engaging with marketing materials, and improve customer presentations. Now you can get real-time analytics.
Since integrating with the Domo platform, the company has seen a 5x increase in revenue and significant cost savings in back-end processes due to time savings from Domo’s ease of use and the ability to manage IT costs through Domo credits. Did. Base price model.
“As we explore the Domo platform and all its features, Domo’s credit-based pricing model makes it easy to increase user and platform adoption, while also allowing us to experiment with all the solutions Domo offers. You can,” Falvey said. continued. “You can use all the tools in the Swiss Army knife that is Domo without having to discuss purchasing additional features. The more you get out of Domo, the more you get back on your investment.”
“Falvey is a great example of a customer who appreciates how Domo provides a powerful platform with the flexibility they need to explore and leverage the right solution for their company.” Domo Customer said Mark Maughan, Senior Vice President of Success. “Domo helps organizations unlock data and insights they never knew existed, at the speed and scale they need to impact their business.”
To learn more about how innovative organizations like Falvey use Domo to make data available to everyone, visit: www.domo.com/customers.
About Falvey Insurance Group
in Falvey Insurance Group, our value starts with the strength of our products, but we believe premiums should offer more than just great coverage. With Falvey Insurance Group, you receive a wide range of value-added services at no additional cost. For decades, we have built a reputation in the industry for our commitment to doing what’s best for our customers and broker partners, putting their needs first and providing solutions that exceed expectations. If you have a brokerage agreement with Falvey, you will have access to all group products and a universal claims processing and loss control experience. Plus, you can expect world-class service from one of our underwriting teams.
About Domo
Hello By making data available to everyone, you can double your business impact. Our cloud-native data experience platform goes beyond traditional business intelligence and analytics to make data visible and actionable with user-friendly dashboards and apps. Powered by AI, data science, and a secure data foundation that connects to existing cloud and legacy systems, Domo helps companies optimize critical business processes at scale and in record time to drive breakthrough business outcomes. It helps to stimulate the bold curiosity that arises.
Source: Domo
