The enterprise AI event for data science & IT leaders
Join us at Rev, where innovators from leading organizations share how they're driving results across industries.
This week Gartner published their latest Magic Quadrant for Data Science and Machine Learning (DSML) Platforms. Meanwhile, Forrester has two separate Waves for Predictive Analytics and Machine Learning (PAML) platforms — one notebook-based and one multi-modal — plus a third New Wave for automation-focused machine learning solutions. And Matt Turck’s 2020 Data & AI Landscape lists hundreds of companies in dozens of sub-categories.
What’s most clear and consistent from all this analysis is that it’s not clear and consistent — about how to define the space and which vendors address which needs. Against that backdrop, we wanted to articulate the need that we at Domino see in the market and what problems we are focused on solving for our customers.
We believe enterprises with large code-first data science teams are having the biggest impact on the world’s most important challenges. Enterprises have large, often global impact. If a company has grown a sizeable data science team, it demonstrates they see data science as strategic and critical to their business. Why else would they be making such a large investment in data science? And while “citizen data scientists” are certainly valuable for some problems, in our experience it’s the code-first data scientists (i.e., folks working primarily in statistical programming languages) who are providing the greatest value, and delivering the most innovative, mission-critical data science work.
The past year has provided strong validation for us that enterprises with code-first data scientists create outsized value. We are fortunate to have a number of pharma and healthcare companies among our customers. It’s been a privilege to help accelerate the work they have been doing during this critical time.
Data science teams in these organizations have unique challenges given their scale and complexity. Supporting them is not merely a matter of providing the algorithms or infrastructure to let one data scientist train and deploy a model. Nor is it merely about supporting larger volumes of data or speeding up ETL tasks. These enterprises have problems of scaling data science as a discipline — across people, processes, and infrastructure. These are the problems we are solving with Domino. Here are three of them:
We believe these are some of the biggest barriers holding back data science from addressing the world’s most important challenges. Many of these problems are not sexy — but they are hard, and they are valuable.
We also know that not everyone agrees with us that these are important and valuable problems to solve. Many other vendors in this space are focused on different problems. And some analysts are critical of Domino because we focus on large teams of code-first data scientists in enterprises.
From our perspective, we know we are creating a ton of value for enterprises. Lockheed Martin is a great example. When they wanted to centralize access to data science tooling, streamline collaboration and knowledge sharing, and automate DevOps tasks to increase data scientist productivity, they turned to Domino. Today, they attribute $20 million in annual cost savings to their use of our platform thanks to reduced IT costs, increased onboarding efficiencies, and a 10x increase in data scientist productivity.
We are ruthlessly focused on helping enterprises accelerate code-first data science at scale. And that focus is paying off for our business: over 20% of the Fortune 100 use Domino to develop, deploy, monitor, and manage hundreds, or in some cases, thousands of models — to beat competitors, upend industries, and drive unprecedented growth. And we’re looking forward to accelerating data science for many more companies in the years to come.

Nick Elprin is the CEO and co-founder of Domino Data Lab, provider of the open data science platform that powers model-driven enterprises such as Allstate, Bristol Myers Squibb, Dell and Lockheed Martin. Before starting Domino, Nick built tools for quantitative researchers at Bridgewater, one of the world's largest hedge funds. He has over a decade of experience working with data scientists at advanced enterprises. He holds a BA and MS in computer science from Harvard.
Join us at Rev, where innovators from leading organizations share how they're driving results across industries.
Join us at Rev, where innovators from leading organizations share how they're driving results across industries.