Teradata Customers Rapidly Standardizing on MicroStrategy For Business Intelligence
Telstra Adds to List of Over 100 Teradata Customers Selecting MicroStrategy
McLEAN, Va. (January 09, 2002) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that customers of Teradata, a division of NCR® Corporation (NYSE: NCR), are increasingly standardizing on the MicroStrategy Business Intelligence Platform(TM) for enterprise reporting. Teradata recently added Telstra — Australia’s largest provider of telecommunications services — to the list of over 100 companies selecting MicroStrategy’s award-winning business intelligence technology, a further indication that MicroStrategy is becoming the preferred business intelligence platform for Teradata implementations.
“Optimized for Teradata data warehouse, MicroStrategy offers the scalable, mission-critical performance Teradata customers expect,” said Alan Chow, vice president and general manager of the Teradata Development Division.
“Teradata and MicroStrategy have a history of expertise that ensures the success and satisfaction of our customers,” said Sanju K. Bansal, chief operating officer of MicroStrategy Incorporated. “Our products have been engineered specifically to work well together and make it easy for Teradata customers to select our complementary business intelligence platform. Teradata and MicroStrategy share the powerful vision that corporations can significantly improve their productivity and efficiency with effective access to data and scalable analytical capabilities.”
The company emphasized that customers with multi-terabyte data warehouses and large, geographically distributed user bases are increasingly migrating to Teradata and MicroStrategy’s Scalable Business Intelligence Platform built for the Internet(TM). Other Teradata and MicroStrategy customers include AT&T Wireless Services, AXA, BellSouth, Hallmark Cards Inc., The Limited, Lowe’s Home Improvement Warehouse, Nationwide Insurance, Raley’s Supermarkets, Royal Bank of Canada, and the US Department of Housing and Urban Development.
MicroStrategy’s customers include nine of the top ten Fortune 500 telecommunications companies; 15 of the 24 Global 500 telecommunications companies; six of the top ten Fortune 500 retailers; seven of the top ten diversified Fortune 500 financial firms; six of the top ten Fortune 500 pharmaceutical companies; and three of the top five insurers.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine recently selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Built for the Internet: MicroStrategy 7 is the Scalable Business Intelligence Platform Built for the Internet(TM). Its pure-Web architecture provides Web reporting, security, performance and standards that are critical for Web deployment. Within intranets, MicroStrategy’s products provide employees with information to enable them to make better, more cost-effective business decisions. In extranets, enterprises can use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with approximately 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.
This press release may include statements that may constitute “forward-looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7 software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com
Source: MicroStrategy