Latest Business Intelligence News
Silverton Casino Lodge Chooses MicroStrategy Dashboards for Enhanced Business Performance
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that Silverton Casino Lodge has selected MicroStrategyâ??s Dynamic Enterprise Dashboardsâ?¢ for improved insights into its business performance.
McLean, Va., (February 20, 2008) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that Silverton Casino Lodge has selected MicroStrategy’s Dynamic Enterprise Dashboards(TM) for improved insights into its business performance.
Using MicroStrategy’s expressive dashboards, Silverton business analysts will be able to quickly analyze multiple areas of the business, including marketing promotions and casino operations. Silverton, a new MicroStrategy customer, plans to provide its users with daily reports and dashboards for greater insight into key performance measures across the company. MicroStrategy’s integrated BI platform, easy-to-use Web interface, and Dynamic Enterprise Dashboards will enable Silverton employees to view large volumes of data in a highly interactive way to help them make timely, data-driven decisions.
“We evaluated several different BI products and found that MicroStrategy was the best fit for our existing infrastructure and our BI requirements,” said Kirk Golding, VP of IT for Silverton. “Teradata is our enterprise data warehouse, and one of the reasons we selected MicroStrategy was because of its integration with Teradata. Our industry produces a large amount of data and with MicroStrategy dashboards, we plan to use the data to help us maintain our competitive advantage.”
“MicroStrategy’s Dynamic Enterprise Dashboards enable business users of all levels to interact with their data in compelling new ways,” said MicroStrategy’s COO Sanju Bansal. “Silverton’s users will have access to valuable information at-a-glance to manage and monitor casino operations. We are pleased to count Silverton as a new MicroStrategy customer.”
About Silverton Casino Lodge
Silverton Casino Lodge offers 60,000 square feet of gaming with 1,400 slot machines and 30 table games, an intimate Poker Room and the Mermaid Restaurant & Lounge, featuring a 117,000 gallon saltwater aquarium with more than 4,000 tropical fish. Silverton is currently undergoing a 185 million dollar expansion which will add another 35,000 square feet for 800 new slot machines and three new restaurants, a 1,500 space parking garage, and a cutting edge entertainment/pool venue. For more information, please call (702) 263-7777 or visit www.silvertoncasino.com.
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Dynamic Enterprise Dashboards 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.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy
Lund Food Holdings Selects MicroStrategy for Sales and Financial Reporting
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that Lund Food Holdings has selected MicroStrategy for sales and financial reporting. Lund Food Holdings owns and operates upscale supermarkets in the Minneapolis-St. Paul reg
McLean, Va., (February 14, 2008) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that Lund Food Holdings has selected MicroStrategy for sales and financial reporting. Lund Food Holdings owns and operates upscale supermarkets in the Minneapolis-St. Paul region.
Store general managers and merchandising personnel at Lund Food Holdings plan to use MicroStrategy for greater insights into product sales at the company’s 21 locations. MicroStrategy-based BI applications will provide Lund Food Holdings’ financial analysts with visibility into the company’s business and financial operations. A new MicroStrategy customer, Lund Food Holdings selected MicroStrategy for its comprehensive platform, open system flexibility, and powerful analytics that will enable users to make data-driven decisions to improve store operations and financial performance.
“MicroStrategy has strong expertise in retail business intelligence, and that was important to us as we selected our BI partner,” said Kevin Baartman Vice President of Information Services at Lund Food Holdings. “In addition, MicroStrategy’s integration with Teradata was instrumental in our decision. Over time, we expect to expand our BI applications and are interested in MicroStrategy’s information dashboards and MicroStrategy Mobile to provide BI reports to our mobile business users.”
“We are delighted to add Lund Food Holdings to our impressive list of retail customers,” said MicroStrategy’s COO Sanju Bansal. “The MicroStrategy platform enables retailers to gain valuable insights into essential areas such as store operations, product sales, inventory management, and financial performance.”
About Lund Food Holdings
Lund Food Holdings currently owns and operates 10 Lunds and 11 Byerly’s supermarkets in the Twin Cities and surrounding area. For more information, visit www.LundsandByerlys.com.
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy Mobile 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.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy
MicroStrategy Positioned in ‘Leaders’ Quadrant of Analyst’s 2008 Magic Quadrant for Business Intelligence Platforms Report
Evaluation Based on Completeness of Vision and Ability to Execute
McLean, Va., (February 07, 2008) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that it has been positioned by Gartner, Inc. in the leaders quadrant in the 2008 Magic Quadrant for Business Intelligence Platforms report.1
According to Gartner, “BI platforms enable users to build applications that help organizations learn and understand their business.” Gartner describes leaders as “vendors that are reasonably strong in the breadth and depth of their BI platform capabilities, and can deliver on enterprisewide implementations that support a broad BI strategy. Leaders articulate a business proposition that resonates with buyers, supported by the viability and operational capability to deliver on a global basis.”
A full copy of the Gartner report is available, compliments of MicroStrategy, at http://www.microstrategy.com/GartnerMagicQuadrant2008.
Thousands of Companies Rely on MicroStrategy
Thousands of companies, many with vast amounts of data and large user populations, rely on MicroStrategy to report on and analyze their data to make analytically-based business decisions. The OLAP Survey, a leading independent survey of the business intelligence (BI) software market, has recognized MicroStrategy’s large data handling capabilities for six consecutive years, noting that MicroStrategy sites reported the largest data volumes of all business intelligence products reviewed in the survey.
Several of MicroStrategy’s customers were recognized at its annual user conference in January 2008 for outstanding business performance with their MicroStrategy-based business intelligence applications:
GEICO, a leading auto insurer, uses MicroStrategy to analyze over 20 terabytes of customer and sales data. GEICO’s MicroStrategy applications have more than 1,500 users who execute over 2,000 reports daily. With MicroStrategy’s dashboards, GEICO personnel can gain greater insight into sales activity to enhance customer relationships and generate sales growth.
The U.S. Postal Service has approximately 30,000 managers in every major functional group that rely on MicroStrategy to improve operations, detect fraud, and increase efficiencies in mail service. The U.S. Postal Service has a 60-terabyte Teradata data warehouse.
Corporate Express US, one of the world’s largest business-to-business suppliers of essential office and computer products and services, uses MicroStrategy for its customer extranet. More than 10,000 Corporate Express customers are expected to use this online service, which allows them to run reports and analyze data related to their office supply purchases.
Ryder, which provides leading-edge transportation, logistics, and supply chain management solutions worldwide, has a BI environment that supports 10,000 users. More than 40,000 reports are run each week to help Ryder employees monitor fleet management and transportation service information.
Leading Independent Provider of Open Systems BI
MicroStrategy is the leading independent provider of open systems business intelligence software. MicroStrategy is committed to the highest standards for interoperation and open system flexibility, enabling customers to freely choose software platforms that do not lock them into working with specific hardware or software platforms.
MicroStrategy provides easy exchange of open system components such as DBMS, ETL, Operating Systems, Directory Services, ERP, and Web software to allow customers to seamlessly exchange one component of the technology stack with another. By maintaining tight working relationships with complementary technologies, MicroStrategy gives its customers flexibility in creating their BI systems, while ensuring high performance and stable operations.
Commitment to BI Innovation
To achieve its vision of pervasive enterprise BI, MicroStrategy is committed to ongoing performance improvements and technical innovation in areas including:
* Delivering sub-second query performance for all common queries
* Instant access by thousands of users
* Advanced interactive visualization techniques beyond tables and graphs, helping business decision-makers to understand their data
* New user interface paradigms that allow users to freely explore and navigate through the entire data warehouse
* Lights out operation providing 24-7 fault-tolerant operation
* Delivering information to all significant mobile and stationary user interfaces
* Delivering relevant alerts information automatically and proactively
* Embedding intelligence automatically in operational applications
* Making advanced analytics easily accessible by all business users
“We believe our position in the leaders quadrant is confirmation of the superb technology and service that MicroStrategy provides to its customers,” said MicroStrategy COO Sanju Bansal. “We continue to enhance our technology to provide a premium customer experience, and we complement this technology with a full range of education and consulting services to ensure our customers get the greatest value from their business intelligence investments. We take great pride in our industrial-strength business intelligence software and the foundation we have built to help our customers move into the future.”
About the Magic Quadrant
The Magic Quadrant is copyrighted February 1, 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
1) Gartner, Inc. “Magic Quadrant for Business Intelligence Platforms, 2008” by James Richardson et al, Feb. 1, 2008
MicroStrategy, MicroStrategy Business Intelligence Platform 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.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy
MicroStrategy Announces Record Revenues of $351 Million in 2007
20th Consecutive Quarter of Year-Over-Year Revenue Growth
MCLEAN, Va., (February 01, 2008) –
MicroStrategy® Incorporated (Nasdaq: MSTR – News), a leading worldwide provider of business intelligence software, today announced financial results for the three-month period ended December 31, 2007 (the fourth quarter of its 2007 fiscal year).
Fourth quarter 2007 revenue was $97.6 million versus $92.6 million for the fourth quarter of 2006, a 5% increase. This marked the twentieth consecutive quarter of year-over-year revenue growth. Revenue for the full year 2007 was $350.7 million versus $313.8 million for the full year 2006, a 12% increase. Product licenses revenue for the fourth quarter of 2007 was $31.7 million versus $36.6 million for the fourth quarter of 2006, a 13% decrease. Product support, services and other revenues for the fourth quarter of 2007 were $65.9 million versus $55.9 million for the fourth quarter of 2006, an 18% increase. Revenues from non-core operations, which consist of MicroStrategy’s Alarm.com subsidiary and Angel.com business unit, were $4.6 million for the fourth quarter of 2007 compared to $2.8 million for the fourth quarter of 2006.
Operating expenses for the fourth quarter of 2007 were $57.0 million versus $48.1 million for the fourth quarter of 2006, a 19% increase. The increase in fourth quarter operating expenses was primarily due to an increase in the worldwide employee headcount of our core business intelligence (BI) business and reflects the continued expansion in the fourth quarter of 2007 of our worldwide sales and services organization and administrative and IT support functions. Operating expenses related to Alarm.com and Angel.com were $5.5 million in the fourth quarter of 2007 compared to $2.7 million in the fourth quarter of 2006, a 102% increase. This increase in non-core operating expenses was primarily due to a bad debt allowance of $2.1 million related to our Alarm.com subsidiary recorded during the fourth quarter of 2007. Fourth quarter 2007 consolidated income from operations was $26.6 million, or 27% of revenue, versus $32.0 million, or 35% of revenue, for the fourth quarter of 2006. Net income for the fourth quarter of 2007 was $17.7 million, or $1.41 per share on a diluted basis, compared to $22.4 million, or $1.68 per share on a diluted basis, for the fourth quarter of 2006.
During the fourth quarter of 2007, MicroStrategy repurchased 252,675 shares of its class A common stock for $26.4 million at an average price per share of $104.46, including broker commissions. As of December 31, 2007, MicroStrategy had 9,183,396 shares of class A common stock and 2,770,244 shares of class B common stock outstanding.
“During 2007, we recruited a substantial number of talented employees, significantly augmented our global business capacity, and welcomed many new customers,” said Arthur S. Locke, III, MicroStrategy’s Executive Vice President, Finance & Chief Financial Officer. “MicroStrategy achieved record revenues in the fourth quarter and sustained a high operating margin while continuing to expand its global reach. We are delighted with the progress we have made this past year and look forward to leveraging our strengths as an independent business intelligence company in 2008.”
New Customers and New Deals with Existing Customers in Q4 2007 Included:
Bell Canada; BMC West Corporation; Cancer Care Ontario; Chiquita Brands LLC; Classic Residence by Hyatt; Cox Communications; DHL; Emory Healthcare, Inc.; Freddie Mac; Group Health Incorporated; Guitar Center; Joe’s Crab Shack; New York and Co., Group Inc.; Novartis Pharmaceuticals Corporation; Nu Skin Enterprises; Pacific Sunwear; Republic Bank Limited; Republic National Distributing Company; RONA; Saint Elizabeth Health Care; Shoppers Drug Mart Inc.; Silverton Casino; Springs Global Participacoes, S.A.; Stein Mart; The Bon Ton Stores Inc.; TVA Group; Unified Western Grocers; UNISYS Corporation; Universal Studios Hollywood; VHA Inc.; Wells Fargo Bank, N.A; Wells Fargo Home Mortgage; Wilton Industries, Inc.
Examples of Customer Deals from Q4 2007:
Classic Residence by Hyatt
Classic Residence by Hyatt is a national leader in luxury living for older adults that currently develops, owns, and operates upscale senior living communities from coast to coast. Classic Residence uses MicroStrategy reporting and dashboards across multiple strategic business areas, including Sales, Marketing, Finance, and Human Resources. Given the success of installed MicroStrategy projects, Classic Residence recently expanded its use of the MicroStrategy platform to evaluate and enhance operational performance and support its growing business intelligence requirements. A MicroStrategy customer for five years, Classic Residence cited ease-of-use and expanding functionality as reasons it recently expanded its use of MicroStrategy.
Joe’s Crab Shack
Joe’s Crab Shack, one of the largest seafood restaurant chains in America, has 119 locations in 28 states. A new MicroStrategy customer, Joe’s Crab Shack plans to use MicroStrategy’s information dashboards to track sales by region, store, and sales type, as well as to provide forecasts for sales trends across its chain of restaurants. In addition, MicroStrategy will be used for reporting across labor, productivity, and human resource management areas. MicroStrategy will enable Joe’s users to pull data from a wide variety of sources and combine this data onto reports and dashboards for enhanced insight and decision-making.
Republic Bank Limited
Republic Bank Limited, the leading bank in Trinidad and Tobago and one of the largest in the Eastern Caribbean, has selected MicroStrategy over Business Objects for reporting and analytics for its new data warehouse platform. MicroStrategy will replace Business Objects’ Crystal Reports to provide reporting and analysis capabilities for finance and business intelligence at the Republic Bank headquarters in Trinidad. MicroStrategy will enable Republic Bank employees to monitor key financial metrics and seamlessly drill into detailed reports to view underlying data. Using MicroStrategy, along with the HP Neoview data warehousing platform and a banking data model from Quadrant Risk Management, Republic Bank users will be able to obtain timely insights into financial performance and make analytically-based business decisions.
BI Market Debate: Open System vs. Closed System Solutions
Following the announced acquisitions of Cognos and Business Objects, MicroStrategy prepared a white paper with its views on the changing BI landscape. The white paper focuses on the contrasting dynamics of open system vs. closed system solutions and addresses the new set of issues for customers to consider as they evaluate their BI options in the changing BI market.
The white paper is available on the MicroStrategy website: http://www.microstrategy.com/Publications/Whitepapers.
License Replacement and Recruiting Programs
During Q4 2007, MicroStrategy announced two programs to attract customers and top talent from Cognos and Business Objects.
The MicroStrategy License Replacement program enables customers of Cognos and Business Objects to trade in their existing BI licenses for MicroStrategy licenses at little or no replacement cost. As a result of the announced acquisitions of Cognos and Business Objects, customers of these two BI vendors may have concerns about ongoing product support, product direction, and migration efforts.
MicroStrategy also launched a program to aggressively recruit qualified business intelligence professionals from Cognos and Business Objects. The goal of this program is to hire qualified sales, consulting, engineering, legal, marketing, and administrative professionals at Cognos and Business Objects who may be concerned about their job security. MicroStrategy held a worldwide Open House on November 29 and 30, 2007 at its offices in the following cities: Atlanta, Chicago, Dallas, Los Angeles, New York, San Francisco, Washington DC, London, Paris, Cologne, Madrid, Milan, Sao Paulo, Buenos Aires, Tokyo, Sydney, and Melbourne.
MicroStrategy World 2008:
MicroStrategy hosted its 11th annual user conference, MicroStrategy World 2008, January 14-17, 2008 in Miami, Florida. The conference featured keynote presentations, more than 120 business and technology sessions, and an exhibit hall showcasing MicroStrategy technology partners.
Executives from more than 25 companies presented case studies on how they use MicroStrategy software to improve operations, reduce inefficiencies, and enhance business performance. Presenting companies at MicroStrategy World 2008 included Bluegreen Corporation, Catalina Marketing, Con-way Freight, Corporate Express, Darden Restaurants, Gucci, H&R Block Financial Advisors, Lowe’s Companies, Meredith Corporation, Metcash Australia, MetLife, Nordstrom, Nygard International, The University of Miami, XM Satellite Radio, Yahoo!, and Yum! Brands.
At the conference, MicroStrategy honored several organizations for achieving outstanding business performance with their MicroStrategy-based business intelligence applications:
eBay: eBay was recognized for Excellence in Enterprise Business Intelligence. Many eBay employees rely on MicroStrategy for enterprise business intelligence reporting and analytics, with reports running against one of the largest Teradata® data warehouses in the world. MicroStrategy anchors a variety of applications that are deployed across eBay and its companies, including PayPal, Rent.com, and Shopping.com, among others.
GEICO: GEICO, a leading auto insurer, was recognized in the Data Scalability category for its use of MicroStrategy to analyze over 20 terabytes of customer and sales data. GEICO’s MicroStrategy applications have more than 1,500 users who execute over 2,000 analytical reports daily. With MicroStrategy’s dashboards and one-click analysis, GEICO personnel can gain greater insight into sales activity to enhance customer relationships and generate sales growth.
U.S. Postal Service: The U.S. Postal Service was honored in the User Scalability category. Approximately 30,000 managers in every major functional group at the U.S. Postal Service rely on MicroStrategy to improve operations, detect fraud, and increase efficiencies in mail service. The U.S. Postal Service runs over 140,000 reports weekly to monitor and analyze financial performance, on-time delivery performance, network efficiency, in-plant operations, and retail outlet performance.
Corporate Express US: Corporate Express US, one of the world’s largest business-to-business suppliers of essential office and computer products and services, was recognized in the Extranet Deployment category. Corporate Express customers use a MicroStrategy-powered extranet to run reports and analyze data related to their office supply purchases. More than 10,000 Corporate Express customers are expected to use this online service, which is available through Corporate Express’ award-winning EWAY Internet ordering site.
Ryder: Ryder’s CIO, Kevin Bott, received the MicroStrategy Individual Excellence in Business Intelligence award. Ryder’s business intelligence environment supports 10,000 users and more than 40,000 reports are run each week to help Ryder employees monitor fleet management and transportation service information. MicroStrategy supports a Fleet Management Services operational dashboard at Ryder that provides management with key performance indicators and early warning information. The Dedicated Contract Carriage operational dashboard provides management with at-a-glance trend information on drivers, equipment, trips, customer satisfaction, and other key performance indicators.
MicroStrategy Recognition from CMP’s Intelligent Enterprise and Retail Info Systems News:
MicroStrategy was selected by CMP’s Intelligent Enterprise for the prestigious 2008 Editors’ Choice Award. Intelligent Enterprise editors chose 48 companies that provide exceptional vision, technology innovation, and customer leadership in attaining strategic objectives. MicroStrategy was selected as a “Company to Watch” in the Business Intelligence category for its advanced technology and Dynamic Enterprise Dashboards(TM). Intelligent Enterprise made the following statement about MicroStrategy: “There is such a thing as best-of-breed technology. One of MicroStrategy’s strengths is user- friendly, Web 2.0-style animated dashboards. You get rich navigation with advanced visualizations, including spark lines and bullet graphs, that make the insight come alive.”
MicroStrategy was also recognized by Retail Info Systems (RIS) News as one of the top software providers for retailers. MicroStrategy was named to the RIS 2007 Software LeaderBoard, highlighting the top 45 software vendors for retailers. The LeaderBoard compares software companies serving the retail industry in a head-to-head ranking that is based largely on retailer evaluations. MicroStrategy ranked # 13 overall. In addition, MicroStrategy ranked # 8 on the Tier One list, which reflects the preferred software vendors of retailers with revenues greater than $1 billion. In a breakout of the three largest segments of retailers, MicroStrategy ranked in the top 10 in two of the three segments: specialty retailing and apparel/footwear.
About MicroStrategy Incorporated
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR – News) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy 8, MicroStrategy Business Intelligence Platform, MicroStrategy Dynamic Enterprise Dashboards, MicroStrategy Mobile, and MicroStrategy Integrity Manager 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.
This press release may include statements that may constitute “forward- looking statements,” including 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 ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 8 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.
Contact:
MicroStrategy Incorporated
Investor Relations
ir@microstrategy.com
(703) 848-8600
MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
Three Months Ended Twelve Months Ended
December 31, December 31,
2007 2006 2007 2006
(unaudited) (unaudited) (unaudited) (audited)
Revenues
Product licenses $31,736 $36,645 $100,344 $107,383
Product support, services and
other revenues 65,860 55,909 250,330 206,440
Total revenues 97,596 92,554 350,674 313,823
Cost of Revenues
Product licenses 899 641 3,055 2,763
Product support, services and
other revenues 13,155 11,871 57,439 41,623
Total cost of revenues 14,054 12,512 60,494 44,386
Gross profit 83,542 80,042 290,180 269,437
Operating Expenses
Sales and marketing 31,503 26,616 111,552 88,416
Research and development 10,402 8,357 36,662 34,133
General and administrative 15,057 13,094 53,673 47,028
Amortization of intangible
assets 17 17 71 71
Total operating expenses 56,979 48,084 201,958 169,648
Income from operations 26,563 31,958 88,222 99,789
Financing and Other Income
Interest income, net 866 759 3,648 2,820
Other income (expense), net 122 (388) (683) (1,248)
Total financing and other
income 988 371 2,965 1,572
Income before income taxes 27,551 32,329 91,187 101,361
Provision for income taxes 9,877 9,977 32,719 30,485
Net income $17,674 $22,352 $58,468 $70,876
Basic earnings per share $1.47 $1.77 $4.74 $5.46
Diluted earnings per share $1.41 $1.68 $4.55 $5.20
Basic weighted average shares
outstanding 12,055 12,662 12,325 12,987
Diluted weighted average shares
outstanding 12,556 13,277 12,853 13,633
MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
(unaudited)
Core BI Business Alarm.com
Three Months Ended Three Months Ended
December 31, December 31,
2007 2006 2007 2006
Revenues
Product licenses $31,736 $36,645 $- $-
Product support and services 61,296 53,134 – –
Alarm.com hardware and services
revenue – – 2,369 1,229
Angel.com telephony services – – – –
Total revenues 93,032 89,779 2,369 1,229
Cost of Revenues
Product licenses 899 641 – –
Product support and services 12,181 10,563 – –
Alarm.com hardware and services – – 593 960
Angel.com telephony services – – – –
Total cost of revenues 13,080 11,204 593 960
Gross profit 79,952 78,575 1,776 269
Operating Expenses
Sales and marketing 29,841 25,164 289 325
Research and development 9,417 7,476 356 291
General and administrative 12,214 12,712 2,738 382
Amortization of intangible assets 17 17 – –
Total operating expenses 51,489 45,369 3,383 998
Income (loss) from operations 28,463 33,206 (1,607) (729)
Financing and Other Income
Interest income (expense), net 893 759 (27) –
Other income (expense), net 122 (388) – –
Total financing and other income 1,015 371 (27) –
Income (loss) before income taxes $29,478 $33,577 $(1,634) $(729)
Provision for income taxes
Net income
Basic earnings per share
Diluted earnings per share
Basic weighted average shares
outstanding
Diluted weighted average shares
outstanding
Angel.com Consolidated
Three Months Ended Three Months Ended
December 31, December 31,
2007 2006 2007 2006
Revenues
Product licenses $- $- $31,736 $36,645
Product support and services – – 61,296 53,134
Alarm.com hardware and
services revenue – – 2,369 1,229
Angel.com telephony services 2,195 1,546 2,195 1,546
Total revenues 2,195 1,546 97,596 92,554
Cost of Revenues
Product licenses – – 899 641
Product support and services – – 12,181 10,563
Alarm.com hardware and
services – – 593 960
Angel.com telephony services 381 348 381 348
Total cost of revenues 381 348 14,054 12,512
Gross profit 1,814 1,198 83,542 80,042
Operating Expenses
Sales and marketing 1,373 1,127 31,503 26,616
Research and development 629 590 10,402 8,357
General and administrative 105 (a) – (a) 15,057 13,094
Amortization of intangible
assets – – 17 17
Total operating expenses 2,107 1,717 56,979 48,084
Income (loss) from operations (293) (519) 26,563 31,958
Financing and Other Income
Interest income (expense), net – – 866 759
Other income (expense), net – – 122 (388)
Total financing and other
income – – 988 371
Income (loss) before income
taxes $(293) $(519) 27,551 32,329
Provision for income taxes 9,877 9,977
Net income $17,674 $22,352
Basic earnings per share $1.47 $1.77
Diluted earnings per
share $1.41 $1.68
Basic weighted average
shares outstanding 12,055 12,662
Diluted weighted average
shares outstanding 12,556 13,277
(a) An insignificant amount of general and administrative services is
provided to the Angel.com business unit by MicroStrategy’s core
business operations.
Core BI Business Alarm.com
Twelve Months Twelve Months
Ended Ended
December 31, December 31,
2007 2006 2007 2006
Revenues
Product licenses $100,344 $107,383 $- $-
Product support and services 227,917 197,915 – –
Alarm.com hardware and services
revenue – – 15,301 3,537
Angel.com telephony services – – – –
Total revenues 328,261 305,298 15,301 3,537
Cost of Revenues
Product licenses 3,055 2,763 – –
Product support and services 45,662 37,695 – –
Alarm.com hardware and services – – 9,953 2,834
Angel.com telephony services – – – –
Total cost of revenues 48,717 40,458 9,953 2,834
Gross profit 279,544 264,840 5,348 703
Operating Expenses
Sales and marketing 104,525 83,261 1,116 1,006
Research and development 32,464 31,196 1,491 1,066
General and administrative 49,331 45,743 4,230 1,285
Amortization of intangible assets 71 71 – –
Total operating expenses 186,391 160,271 6,837 3,357
Income (loss) from operations 93,153 104,569 (1,489) (2,654)
Financing and Other Income
Interest income (expense), net 3,675 2,820 (27) –
Other expense, net (683) (1,248) – –
Total financing and other income 2,992 1,572 (27) –
Income (loss) before income taxes $96,145 $106,141 $(1,516) $(2,654)
Provision for income taxes
Net income
Basic earnings per share
Diluted earnings per share
Basic weighted average shares
outstanding
Diluted weighted average shares
outstanding
Angel.com Consolidated
Twelve Months Ended Twelve Months Ended
December 31, December 31,
2007 2006 2007 2006
Revenues
Product licenses $- $- $100,344 $107,383
Product support and services – – 227,917 197,915
Alarm.com hardware and
services revenue – – 15,301 3,537
Angel.com telephony services 7,112 4,988 7,112 4,988
Total revenues 7,112 4,988 350,674 313,823
Cost of Revenues
Product licenses – – 3,055 2,763
Product support and services – – 45,662 37,695
Alarm.com hardware and
services – – 9,953 2,834
Angel.com telephony services 1,824 1,094 1,824 1,094
Total cost of revenues 1,824 1,094 60,494 44,386
Gross profit 5,288 3,894 290,180 269,437
Operating Expenses
Sales and marketing 5,911 4,149 111,552 88,416
Research and development 2,707 1,871 36,662 34,133
General and administrative 112 (a) – (a) 53,673 47,028
Amortization of intangible
assets – – 71 71
Total operating expenses 8,730 6,020 201,958 169,648
Income (loss) from operations (3,442) (2,126) 88,222 99,789
Financing and Other Income
Interest income (expense), net – – 3,648 2,820
Other expense, net – – (683) (1,248)
Total financing and other
income – – 2,965 1,572
Income (loss) before income
taxes $(3,442) $(2,126) 91,187 101,361
Provision for income taxes 32,719 30,485
Net income $58,468 $70,876
Basic earnings per share $4.74 $5.46
Diluted earnings per
share $4.55 $5.20
Basic weighted average
shares outstanding 12,325 12,987
Diluted weighted average
shares outstanding 12,853 13,633
(a) An insignificant amount of general and administrative services is
provided to the Angel.com business unit by MicroStrategy’s core
business operations.
MICROSTRATEGY INCORPORATED
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)
December 31, December 31,
2007 2006
Assets (unaudited) (audited)
Current assets
Cash and cash equivalents $85,194 $78,980
Restricted cash and investments 2,982 3,799
Accounts receivable, net 52,214 54,468
Prepaid expenses and other current
assets 12,681 8,649
Deferred tax assets, net 29,652 29,510
Total current assets 182,723 175,406
Property and equipment, net 9,544 11,102
Capitalized software development
cost, net 2,340 1,903
Deposits and other assets 11,433 2,461
Deferred tax assets, net 35,347 57,944
Total Assets $241,387 $248,816
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable and accrued
expenses $23,469 $24,378
Accrued compensation and employee
benefits 39,214 31,872
Deferred revenue and advance
payments 64,302 56,578
Total current liabilities 126,985 112,828
Deferred revenue and advance payments 1,936 1,127
Other long-term liabilities 9,137 1,710
Total Liabilities 138,058 115,665
Stockholders’ Equity
Preferred stock undesignated,
$0.001 par value; 5,000 shares
authorized; no shares issued or
outstanding – –
Class A common stock, $0.001 par
value; 330,000 shares authorized;
14,112 shares issued and 9,183
shares outstanding, and 13,972
shares issued and 9,918 shares
outstanding, respectively 14 14
Class B common stock, $0.001 par
value; 165,000 shares authorized;
2,770 and 2,775 issued and
outstanding, respectively 3 3
Additional paid-in capital 448,229 440,768
Treasury stock, at cost; 4,929 and
4,054 shares, respectively (357,804) (268,776)
Accumulated other comprehensive
income 2,929 3,123
Retained earnings (Accumulated deficit) 9,958 (41,981)
Total Stockholders’ Equity 103,329 133,151
Total Liabilities and Stockholders’ Equity $241,387 $248,816
MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
Twelve months ended
December 31,
2007 2006
(unaudited) (audited)
Operating activities:
Net income $58,468 $70,876
Adjustments to reconcile net income
from continuing operations to net
cash
provided by operating
activities:
Depreciation and amortization 7,596 7,635
Bad debt provision 3,481 1,020
Deferred taxes 26,137 26,528
Share-based compensation 548 1,341
Excess tax benefits from share-based
payment arrangements (3,270) (4,479)
Other, net 160 160
Changes in operating assets and
liabilities:
Accounts receivable (103) (10,727)
Prepaid expenses and other
current assets (3,697) (2,108)
Deposits and other assets (1,434) (117)
Accounts payable and accrued
expenses, compensation
and employee benefits 3,765 7,105
Deferred revenue and advance
payments 5,001 7,891
Other long-term liabilities 1,244 (706)
Net cash provided by
operating activities 97,896 104,419
Investing activities:
Proceeds from maturities of short-
term investments – 112,666
Purchases of short-term investments – (58,900)
Advance deposits on purchase of
property and equipment (7,500) –
Purchases of property and
equipment, net (3,476) (4,496)
Capitalized software development
costs (2,650) (310)
Decrease in restricted cash and
investments 931 1,372
Net cash (used in) provided
by investing activities (12,695) 50,332
Financing activities:
Proceeds from sale of class A
common stock under employee
stock purchase plan and exercise
of employee stock options 3,293 6,094
Excess tax benefits from share-
based payment arrangements 3,270 4,479
Purchases of treasury stock (89,028) (131,959)
Net cash used in financing
activities (82,465) (121,386)
Effect of foreign exchange
rate changes on cash and
cash equivalents 3,478 3,297
Net increase in cash and cash
equivalents 6,214 36,662
Cash and cash equivalents, beginning
of period 78,980 42,318
Cash and cash equivalents, end of
period $85,194 $78,980
Source: MicroStrategy Incorporated
Source: MicroStrategy
MicroStrategy Receives 2008 Editors’ Choice Award from CMP’s Intelligent Enterprise
MicroStrategy Recognized for its Best-of-Breed Technology and Dynamic Enterprise Dashboards
McLean, Va., (January 23, 2008) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that it was selected by CMP’s Intelligent Enterprise for the prestigious 2008 Editors’ Choice Award.
Intelligent Enterprise editors chose 48 companies that provide exceptional vision, technology innovation, and customer leadership in attaining strategic objectives. MicroStrategy was selected as a “Company to Watch” in the Business Intelligence category for its advanced technology and Dynamic Enterprise Dashboards(TM). Intelligent Enterprise made the following statement about MicroStrategy: “There is such a thing as best-of-breed technology. One of MicroStrategy’s strengths is user-friendly, Web 2.0-style animated dashboards. You get rich navigation with advanced visualizations, including spark lines and bullet graphs, that make the insight come alive.”
MicroStrategy’s Dynamic Enterprise Dashboards provide easy-to-use access to enterprise data to help companies manage business performance and improve decision-making. With advanced data visualization capabilities, the dashboards enable users to view a tremendous amount of information in a compelling manner, all within the context of MicroStrategy’s integrated BI platform. MicroStrategy’s dashboards give business users the ability to analyze many different perspectives of corporate performance and quickly identify problems and diagnose root causes.
“MicroStrategy is honored to be recognized by Intelligent Enterprise for its latest information dashboard technology,” said Sanju Bansal, MicroStrategy COO. “Our customers continue to develop exciting new applications with our expressive dashboards, enabling them to present data in a more visual and interactive way than is possible with traditional grids or graphs.”
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Dynamic Enterprise Dashboards 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.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy
Republic Bank Limited Selects MicroStrategy Over Business Objects for Financial Reporting and Analytics
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that Republic Bank Limited in Trinidad has selected MicroStrategy over Business Objects for reporting and analytics for its new data warehouse platform. Republic Bank is
McLean, Va., (January 17, 2008) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that Republic Bank Limited in Trinidad has selected MicroStrategy over Business Objects for reporting and analytics for its new data warehouse platform. Republic Bank is the leading bank in Trinidad and Tobago and one of the largest in the Eastern Caribbean.
MicroStrategy will replace Business Objects’ Crystal Reports to provide reporting and analysis capabilities for finance and business intelligence at the Republic Bank headquarters in Trinidad. MicroStrategy will enable Republic Bank employees to monitor key financial metrics and seamlessly drill into detailed reports to view underlying data. Using MicroStrategy, along with the HP Neoview data warehousing platform and a banking data model from Quadrant Risk Management, Republic Bank users will be able to obtain timely insights into financial performance and make analytically-based business decisions.
“As we evaluated business intelligence technologies, we wanted an open systems BI solution that offers optimization across a broad range of technologies” said Denyse Ramnarine, Senior Manager, ITMD of Republic Bank Limited. “MicroStrategy’s integration with HP Neoview was important to us and we were impressed with MicroStrategy’s flexibility. We look forward to expanding the scope of our BI applications as we deploy MicroStrategy across our enterprise.”
“MicroStrategy is pleased that Republic Bank selected MicroStrategy for its financial reporting and analytics,” said MicroStrategy COO Sanju Bansal. “Open system BI provides customers with freedom of choice to seamlessly exchange one component of the technology stack with another. MicroStrategy is certified to work with a wide range of open systems components, enabling customers to mix and match the technologies best suited for their organizations.”
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform 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.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy
MicroStrategy Honors Three Organizations for Excellence in Enterprise-Class Business Intelligence
GEICO, U.S. Postal Service, and Corporate Express US Recognized at MicroStrategy World 2008 User Conference
Miami, FL, (January 16, 2008) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today honored three organizations for achieving outstanding business performance with their MicroStrategy-based business intelligence applications. The “Best Practices in Business Intelligence” award winners for 2008 are GEICO, the U.S. Postal Service, and Corporate Express US. The awards were announced at MicroStrategy’s annual user conference, MicroStrategy World 2008, in Miami, Florida.
By deploying MicroStrategy for their BI applications, these organizations are sharing information across their enterprises to increase revenue, enhance efficiency and productivity, and strengthen customer relationships. “We congratulate these organizations for their exceptional use of business intelligence,” said MicroStrategy COO Sanju Bansal. “GEICO, the U.S. Postal Service, and Corporate Express each have demonstrated remarkable results in improved efficiency and customer service as a result of their BI applications. We are delighted to recognize their accomplishments by presenting them with the MicroStrategy Best Practices in Business Intelligence Award.”
Following is a brief description of this year’s winners and their business intelligence applications:
GEICO: GEICO is the winner in the Data Scalability category. A leading auto insurer, GEICO uses MicroStrategy to analyze over 20 terabytes of customer and sales data to monitor and improve GEICO’s corporate performance and enhance insight into customer behavioral patterns. GEICO’s MicroStrategy applications have more than 1,500 users who execute over 2,000 analytical reports daily. With MicroStrategy’s dashboards and one-click analysis, GEICO personnel can seamlessly gain greater insight into sales activity to enhance customer relationships and generate sales growth. GEICO (Government Employees Insurance Company) is the fourth-largest private passenger auto insurer in the United States. It provides auto insurance coverage for more than 8 million policyholders and insures more than 13 million vehicles.
U.S. Postal Service: The U.S. Postal Service is the winner in the User Scalability category. Approximately 30,000 managers in every major functional group at the U.S. Postal Service rely on MicroStrategy to improve operations, detect fraud, and increase efficiencies in mail service. The user community includes financial and account analysts, service delivery analysts, budget coordinators, retail managers, and local postmasters across the U.S. Postal Service. The U.S. Postal Service runs over 140,000 reports weekly to monitor and analyze financial performance, on-time delivery performance, network efficiency, in-plant operations, and retail outlet performance. The U.S. Postal Service has a 60-terabyte Teradata data warehouse. An independent federal agency, the U.S. Postal Service is the only delivery service that visits every address in the nation, 146 million homes and businesses, six days a week. It has 37,000 retail locations and relies on the sale of postage, products, and services to pay for operating expenses, not tax dollars. The Postal Service has annual revenues of $75 billion and delivers nearly half the world’s mail.
Corporate Express US: Corporate Express US, a wholly owned subsidiary of Corporate Express NV, is the winner in the Extranet Deployment category. Corporate Express customers use a MicroStrategy-powered extranet to run reports and analyze data related to their office supply purchases. More than 10,000 Corporate Express customers are expected to use this online service, which is available through Corporate Express’ award-winning EWAY Internet ordering site. Corporate Express customers, from executives to business analysts, are able to view procurement data using at-a-glance dashboards and standard reports and by drilling down to transaction-level data for more detailed investigation. Corporate Express currently uses MicroStrategy to monitor business performance at the corporate and divisional levels and to perform interactive enterprise reporting and analysis. Corporate Express US Inc. is one of the world’s largest business-to-business suppliers of essential office and computer products and services.
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform 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.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy
MicroStrategy Recognizes CIO of Ryder with Individual Excellence Award
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that it has selected Kevin Bott, Chief Information Officer of Ryder, as the recipient of the MicroStrategy Individual Excellence in Business Intelligence award. Mr. Bott
Miami, FL (January 16, 2008) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that it has selected Kevin Bott, Chief Information Officer of Ryder, as the recipient of the MicroStrategy Individual Excellence in Business Intelligence award. Mr. Bott was recognized today at MicroStrategy World 2008 in Miami, Florida.
Ryder System is a Fortune 500 provider of leading-edge transportation, logistics, and supply chain management solutions worldwide. As CIO, Mr. Bott provides the vision and leadership for developing and implementing information technology initiatives in alignment with Ryder’s business strategy. He has overall responsibility for the planning, delivery, and maintenance of cost-effective technology solutions needed to support Ryder’s various business groups.
More than 20 full-time professionals and contractors are dedicated to building and maintaining Ryder’s Business Intelligence environment, which supports 10,000 users. MicroStrategy supports a Fleet Management Services operational dashboard at Ryder that provides management with key performance indicators and early warning information on changes to processes, standard repair operations, and preventative maintenance. The Dedicated Contract Carriage operational dashboard provides management with at-a-glance trend information on drivers, equipment, trips, customer satisfaction, and other key performance indicators. More than 40,000 reports are run each week, and Ryder employees from multiple business areas, including finance, human resources, maintenance, vendor management, and supply chain, use the data to monitor fleet management and transportation service information daily.
“I am honored to receive the MicroStrategy Individual Excellence award,” said Mr. Bott. “Ryder is committed to information-driven decision making. We have invested heavily in improving our data warehouse and business intelligence programs to provide a true enterprise focus. MicroStrategy applications are used daily by executives and their teams to oversee operations through comprehensive analytical dashboards and reports. MicroStrategy enables the Ryder team to stay focused on the critical key performance indicators that drive our business, resulting in improved operations and customer service.”
“Kevin Bott has exhibited exceptional innovation, vision, and insight in business intelligence software deployment at Ryder,” said MicroStrategy’s COO Sanju Bansal. “Under his guidance and leadership, the data warehouse implementation has redefined the way the company does business. We congratulate Kevin and his team on their outstanding work.”
About Ryder
Ryder provides leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder’s stock (NYSE: R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index. Ryder ranks 362nd on the Fortune 500 and 1,458th on the Forbes Global 2000. For more information on Ryder System, Inc., visit www.ryder.com.
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform 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.
Source: MicroStrategy
MicroStrategy Recognized as a Leading Software Provider for Retailers by RIS News
Retailers Worldwide Choose MicroStrategy for Reporting and Analytics
McLean, Va., (January 14, 2008) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that it was recognized by Retail Info Systems (RIS) News as one of the top software providers for retailers.
MicroStrategy was named by RIS to its 2007 Software LeaderBoard, highlighting the top 45 software vendors for retailers. The RIS Software LeaderBoard compares software companies serving the retail industry in a head-to-head ranking that is based largely on retailer evaluations. MicroStrategy ranked #13 overall.
MicroStrategy also ranked # 8 on the Tier One list, which reflects the preferred software vendors of retailers with revenues greater than $1 billion. In a breakout of the three largest segments of retailers, MicroStrategy ranked in the top 10 in two of the three segments: specialty retailing and apparel/footwear.
MicroStrategy’s business intelligence software is used by retailers worldwide, including Starbucks, METRO Group, Lowe’s Companies, Hallmark Cards, Carrefour, Limited Brands, Hudson’s Bay, and Ross Stores. MicroStrategy’s scalable platform enables retailers to analyze vast amounts of data and provides detailed insights into business areas such as sales trends, inventory management, store operations, and customer loyalty.
“We are delighted that retailers have indicated their preference for MicroStrategy’s software in the RIS LeaderBoard,” said Sanju Bansal, MicroStrategy COO. “Many of the top global retailers are MicroStrategy customers. The MicroStrategy platform has the scalability and flexibility to analyze large volumes of data at the transactional level to provide users with valuable insights to enhance business performance and customer service.”
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform 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.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy
MicroStrategy to Host 11th Annual User Conference, January 14-17, 2008 in Miami
Expanded Program to Offer More Than 120 Business and Technology Sessions
McLean, Va., (December 19, 2007) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that it will host its 11th annual user conference, MicroStrategy World 2008, January 14-17 at the InterContinental Miami Hotel in Miami, Florida. The event will feature customer speakers from industry-leading organizations, more than 120 educational sessions, and an exhibit hall showcasing MicroStrategy business partners.
MicroStrategy World 2008 will feature keynote presentations from MicroStrategy CEO Michael Saylor and Yahoo! Vice President Amr Awadallah, as well as a CTO Exchange with the Chief Technology Officers from MicroStrategy, Teradata, and Informatica. In addition, the Technology Futures half-day session will outline MicroStrategy’s technology vision and future product enhancements.
Executives from more than 25 companies will present case studies illustrating how they use MicroStrategy software to improve operations, reduce inefficiencies, and enhance business performance. Some of the companies scheduled to present at MicroStrategy World 2008 include Bluegreen Corporation, Catalina Marketing, Con-way Freight, Corporate Express, Darden Restaurants, Gucci, H&R Block Financial Advisors, Lowe’s Companies, Meredith Corporation, Metcash Australia, MetLife, Nordstrom, Nygard International, The University of Miami, XM Satellite Radio, and Yum! Brands, Inc.
MicroStrategy World 2008 will offer a wide range of business and technical tracks with tutorials, discussions, demonstrations, and case studies geared to every level of BI experience. Several new tracks have been added for 2008, and the technical sessions will cover topics including Reporting, Analysis, and Monitoring; Dashboarding and Advanced Visualizations; Customizing the User Experience; Driving Application Efficiency and Returns; and Integrating MicroStrategy with Enterprise Applications.
Participants will learn about complementary solutions and services from many of MicroStrategy’s technology partners and event sponsors, including Microsoft, Pitney Bowes MapInfo, HP, Research In Motion, Sybase, Teradata, Netezza, SPSS, Ab Initio, GoldenGate, Greenplum, iOLAP, WhereScape, Avnet Technology Solutions, Carpio Solutions, DataFactZ, KXEN, Longview Solutions, QuantiSense, Southport Services Group, Syncsort, and Visual Crossing.
“This is an exciting time in the business intelligence industry,” said Sanju Bansal, MicroStrategy COO. “The marketplace has dramatically changed since last year’s annual user conference. Our expanded program this year offers attendees more business and technology sessions, with an impressive line-up of customer speakers who will share best practices and successful methodologies used in their MicroStrategy deployments.” Registration information and a preliminary agenda for MicroStrategy World 2008 are available at http://www.microstrategy.com/World08.
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform 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.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy