Twelve New Applications to Speed Customer Implementation of MicroStrategy Software
Partner Solutions Gallery Expedites Customersâ?? Assessment of Enterprise-class Business Intelligence Applications
McLEAN, Va., (June 19, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced the launch of its Solutions Gallery, a collection of industry-specific analytical applications that are built by MicroStrategy’s applications development and platform partners on its business intelligence platform, MicroStrategy 7i(TM). The Solutions Gallery allows customers to quickly evaluate enterprise-class applications that are tailored for specific industries and help enhance productivity and efficiency. In featuring these applications, the Solutions Gallery also provides partners with a new, valuable channel to market, sell and demonstrate the value of their applications to prospective customers.
The company’s applications development and platform partners have combined their industry expertise with MicroStrategy software to create applications that help organizations gain insight into and improve their businesses. These companies are building enterprise-class applications for the retail, financial services, telecommunications, manufacturing, consumer packaged goods, healthcare and insurance industries.
“Our partners continue to embed our software into their offerings and create new applications on the MicroStrategy platform,” said Tom Villani, vice president of product management at MicroStrategy Incorporated. “The launch of the Solutions Gallery marks the beginning of a trend in partner activity that is designed to leverage MicroStrategy’s platform architecture. This trend evidences our strong relationships with application providers and resellers who know MicroStrategy’s platform well and are committed to providing complete solutions to our customers.”
Among the early participants in MicroStrategy’s Solutions Gallery are Akshay Software, Conchango, Covansys, DST Innovis, Dimensional Technologies, KnowledgeBase Marketing, Protagona, Systech and Vision Chain. The Solutions Gallery already features applications for customer, sales, supply chain, marketing campaign, procurement, risk and fraud analysis, human resources, financial and audit reporting and claims tracking. For more information on these solutions please visit http://www.microstrategy.com/solutions/.
Partners Praise New Solutions Gallery
Conchango – Retail Fraud Detection: “With ‘Track and Trail,’ retailers can expect return on investment within six to eight weeks – one major UK retail customer detected two counts of employee fraud within three days of implementation,” said Iyas AlQasem, Global VP Business Intelligence and Portals, Conchango Gill Hide, Head of Retail at Conchango. “The ability to market the application via the Solutions Gallery greatly expands the potential market for the solution and demonstrates MicroStrategy’s commitment to its partners.” Conchango’s “Track and Trail” solution for Retail Fraud detection is designed to examine retail point-of-sale, granular-level data and identify potential fraudulent activity.
Covansys – E-business and Customer Analysis Application: “The MicroStrategy platform provided us with an excellent foundation for building comprehensive marketing solutions,” said Jim Gallo, vice president of business intelligence at Covansys Corp. “Our solution design and methodology leverages MicroStrategy 7i to give our customers flexibility and control over their applications.” Covansys’ e-business and customer analysis applications help organizations enhance online customer interactions, optimize product offerings and gain insight into customer buying patterns.
Dimensional Technologies – Executive Portal Solution: “We are pleased to have the opportunity to collaborate with MicroStrategy in its Solutions Gallery Program,” says Greg Rusnell, director of business development at Dimensional Technologies. “The MicroStrategy 7i Platform has provided our Executive Desktop product with business intelligence capabilities that are unsurpassed by any other product in the marketplace today.” Dimensional Technologies’ Executive Desktop is a Portal Solution that integrates business applications and information systems including the MicroStrategy Business Intelligence Platform.
Protagona – Marketing Analytics and Campaign Management: “The MicroStrategy platform allowed us to develop a comprehensive analytic application in less than six months,” said Michael Emerson, executive vice president of Protagona. “We have already installed the application at our first customer site and have received great feedback on the business value of our application.” Protagona’s Preview product, which delivers customer and campaign analysis, uses MicroStrategy’s open application programming interface to achieve seamless integration with its overall product suite.
Systech – Financial Audit & Recovery, Supply Chain and Retail Applications: “We have been MicroStrategy evangelists for over five years now,” said Srini Ramaswamy, chief operating officer of Systech Solutions, Inc. “Currently, Systech offers four unique applications through the Solutions Gallery, and we’ve already received considerable interest since the program’s inception. MicroStrategy has created a robust marketplace where customers and partners can come together and truly create win-win situations.” Systech Solutions is a leading professional services firm that delivers customer-focused business solutions.
Vision Chain – Consumer Goods and Retail Merchandising Application: “MicroStrategy’s Partner Solutions Gallery has increased our exposure,” says Vision Chain, Inc. chief executive officer and founder Shawn Dolley. “MicroStrategy’s growing Consumer Packaged Goods (CPG) customer base is finding out about our solutions much more quickly through this program.” Vision Chain offers merchandising optimization software for consumer goods and retail companies.
About MicroStrategy
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly 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 selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 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, 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.
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 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 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; 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, MicroStrategy 7i 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.
Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com
Source: MicroStrategy