Falvey Insurance Group Selects Domo To Create Actionable Data Experiences
In an effort to improve its data management procedures, Domo (Nasdaq: DOMO) has established a partnership with Falvey Insurance Group (Falvey), one of the leading cargo insurance companies in the US. Falvey encountered difficulties gaining access to and using a variety of data sources dispersed over several systems, which caused delays and inefficiencies in the decision-making procedures.
Falvey Insurance Group's COO, Jack Falvey, emphasized the difficulty in assembling reports because of the variety of data sources used, such as warehouse statistics, cargo volumes, and real-time vessel whereabouts. This laborious procedure frequently caused reports to be generated two weeks later than expected, which hampered timely decision-making and reduced operational effectiveness.
Falvey used Domo's platform to overcome these difficulties, utilizing its vast connector library to combine data from several sources into a single, easily accessible platform. Falvey was able to get real-time information using Domo's system, including workload indicators for employment decisions and quick assessments of cargo risks like hurricanes. Falvey could also assess how customers interacted with marketing materials and access real-time information when giving presentations to customers, which would help departments make better decisions.
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