Domo Releases 11th Annual “Data Never Sleeps” Report
December 14 2023 - 9:00AM
Business Wire
Global data volumes show increased engagement
on X (formerly Twitter) and the world’s continued reliance on
search engines as they test new generative AI options
Today Domo (Nasdaq: DOMO) unveiled its highly-anticipated 11th
edition of Data Never Sleeps. Over the past decade, Domo has
tracked the world's data usage, revealing remarkable increases in
activity across various online platforms, from Instagram and X to
Amazon, Venmo, and many others. The annual Data Never Sleeps
infographic offers a big-picture glimpse into the immense volume of
data generated on the internet every minute, showcasing how data is
constantly evolving and changing as more people interact with
digital platforms and services.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20231214558619/en/
“This year’s findings reflect the ever-changing and fast-paced
digital landscape, which has only been heightened by the rapid
popularity of AI models such as ChatGPT,” said Josh James, founder
and CEO, Domo. “Data drives everything we do, from a quick search
online or sending an email, to checking the latest headlines on our
way to work. Data Never Sleeps, now in its eleventh year, depicts
just how much we rely on data and its impact on our daily lives in
one of the 525,600 minutes in a year.”
Some key highlights from this year’s "Data Never Sleeps 11.0"
report include:
The AI Boom: Artificial Intelligence (AI) is making big
waves in the digital world. AI-driven platforms such as ChatGPT are
reshaping the ways we work, communicate and create, with users
submitting 6,944 prompts every minute. However, users haven’t
forsaken their search engine habits, as searches on Google total
more than 6.3 million every minute (up from 5.9 million a year
ago).
Entertainment Dominance: After a dip in engagement last
year, X (formerly Twitter) now sees 360,000 posts from users every
minute, up from 347,000 in Data Never Sleeps 10.0. Spotify users
stream 24,000 hours of music, including 69,444 Taylor Swift songs.
Instagram users are sending over 694,000 reels via direct message
every sixty seconds. And the world of streaming continues to
dominate, as collective viewers watch more than 40 years of
streaming content every single minute. As online platforms gain
more activity and engagement, the entertainment industry promises
to never be the same.
Transactions on a Tear: Digital spending continues its
vast expansion. E-commerce giant Amazon sees more than $455,000 in
sales every minute and on digital transaction app Venmo, users send
$463,768 worth of payments every minute, up 6% year over year. In
the food sector, DoorDash diners place orders totaling $122,785, up
60% from last year, reflecting the increased reliance (and
potentially, inflation) on food and food delivery services in this
digital age.
Cybersecurity Challenges: However, as digital activities
intensify, so do cybersecurity threats. Cybercriminals launch 30
DDoS attacks every minute, highlighting the need for robust online
security measures to protect individuals and businesses.
Concluded James, “Data weaves the fabric of our digital lives,
and our annual Data Never Sleeps report highlights some of the most
meaningful data for businesses and consumers alike.”
To download the “Data Never Sleeps 11.0" infographic, 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 is a registered trademark of Domo, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20231214558619/en/
Cynthia Cowen PR@domo.com
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