Latest Business Intelligence News

MicroStrategy Positioned in Visionary Quadrant for Business Intelligence

Jan 10, 2005 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Magic Quadrant Based on Completeness of Vision and Ability to Execute

MCLEAN, Va., (January 10, 2005) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Gartner, Inc. has placed it in the visionary quadrant of both the Enterprise Business Intelligence Suites (EBIS) and BI Platform segments of Gartner Inc.’s 2004 “Magic Quadrants for Business Intelligence” report.(1)

“We are honored to be positioned so prominently in both the EBIS and BI Platforms Magic Quadrants,” said MicroStrategy’s COO Sanju Bansal, “We believe inclusion in both business intelligence quadrants highlights MicroStrategy’s exceptional ability to support a complete spectrum of business users and a wide variety of reporting and analysis applications from a single, integrated architecture.”

Recently, MicroStrategy introduced two new innovative products for business people to access and explore information stored in corporate databases.

* MicroStrategy Report Services allows business users to retrieve information from corporate databases for display in boardroom-quality documents over the web or in email. MicroStrategy Report Services is innovative because business people can link from high-level performance scorecards documents to more detailed information for further investigation, all within the same product
* MicroStrategy Office allows business users using Microsoft Word, PowerPoint®, Excel and Outlook, to instantly call up information stored in corporate databases without starting another program. This corporate information is immediately pasted into Word documents, presentations, spreadsheets and emails. These documents, presentations and emails can automatically update the corporate information each time they are opened because of “SmartTag” technology. Business users improve their efficiency and productivity because they no longer have to repeatedly cut and paste data from different programs.

Using these two products, non-technical business employees can exploit corporate information to make better informed business decisions that ultimately benefit the bottom line.

MicroStrategy also recently launched the MicroStrategy Universal Edition of its business reporting technology. This Universal edition provides the capacity and high-performance needed for thousands of additional business users, ranging from line-workers to top executives, to benefit from business intelligence. This 64-bit software is compatible with Microsoft Windows, IBM AIX® and Sun Solaris(TM) operating systems.

About the Gartner Magic Quadrant

The Magic Quadrant is copyrighted November 29, 2004 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 worldwide leader in the business intelligence software market. Leading Fortune 2000 companies are increasingly integrating MicroStrategy’s business monitoring, reporting, and analysis software into their operations. The MicroStrategy Business Intelligence Platform(TM) distills vast amounts of data into vital insight to help drive cost-efficiency, revenue-generation, and productivity. Top companies are using MicroStrategy to cost-effectively empower thousands of employees, partners, and suppliers with the business insight they need to make better business decisions everyday.

MicroStrategy has over 2,800 enterprise-class customers, including Aventis, eBay, General Motors, Lowe’s Companies, Pfizer, Sprint, Telecom Italia, U.S. Postal Service, Visa International, Wells Fargo, and Yahoo!. MicroStrategy also has relationships with over 300 systems integrators and application development and platform partners, including HP, IBM, PeopleSoft, Sun, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, 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 ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i and MicroStrategy Report Services 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.

(1) Gartner “Magic Quadrants for Enterprise BI Suites and Platforms,”

Dresner, Howard; Hostmann, Bill; Buytendijk, Frank; November 29, 2004.

MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy Report Services, MicroStrategy 7, MicroStrategy 7i, MicroStrategy Office 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.

Bill Chatterton
MicroStrategy, Incorporated
703-744-3281
bchatterton@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy Wins Favorable Ruling in Patent Lawsuit Against Business Objects

Jan 07, 2005 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Court Finds MicroStrategy’s ‘Much More Sophisticated’ Products Do Not Literally Infringe Business Objects’ ‘Semantic Layer’ Patent

MCLEAN, Va., (January 07, 2005) –

MicroStrategy® Incorporated (Nasdaq: MSTR) a leading worldwide provider of business intelligence software, today announced that it has won a favorable court ruling in a lawsuit brought by Business Objects (Nasdaq: BOBJ) alleging that MicroStrategy infringed United States Patent No. 5,555,403, entitled “Relational Database Access System Using Semantically Dynamic Objects” (“the ‘403 patent”) owned by Business Objects.

In a unanimous opinion issued January 6, 2005, the United States Court of Appeals for the Federal Circuit substantially affirmed a 2003 summary judgment ruling of a federal district court in San Francisco that MicroStrategy did not infringe the ‘403 patent. The Federal Circuit is located in Washington, D.C., and is the appellate court that hears all patent cases in the United States.

According to the Federal Circuit, MicroStrategy’s products “use a much more sophisticated approach” for querying a relational database than what is disclosed in Business Object’s patent. The Federal Circuit ruled that the district court had correctly interpreted the patent, that MicroStrategy does not literally infringe any of the asserted patent claims, and that Business Objects is legally barred from claiming that MicroStrategy’s products infringe two of the three asserted claims under the doctrine of equivalents. A copy of the court’s decision in available at http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=mstr&script=400.

As a result of the Federal Circuit’s ruling, the case will be returned to the district court for further proceedings limited solely to Business Objects’ one remaining patent claim, and limited solely to the doctrine of equivalents. The Federal Circuit also reinstated all of MicroStrategy’s non-infringement and invalidity counterclaims brought against Business Object that the district court had not needed to address or decide.

MicroStrategy’s separate, affirmative lawsuit against Business Objects for patent infringement is expected to proceed to trial in federal court in Delaware in October 2005.

About MicroStrategy

MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy Report Services, 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.

Bill Chatterton
MicroStrategy, Incorporated
703-744-3281
bchatterton@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy Promotes Arthur S. Locke III to the Position of Vice President, Finance & Chief Financial Officer

Dec 14, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MCLEAN, Va., (December 14, 2004) –

MicroStrategy announced that effective January 1, 2005, Arthur S. Locke III will assume the role of chief financial officer, a position currently held by Eric F. Brown. Mr. Brown will be leaving MicroStrategy December 31, 2004 to become executive vice president and chief financial officer at McAfee, Incorporated. Michael J. Saylor, MicroStrategy’s chief executive officer, will additionally assume the role of president, a position also currently held by Eric Brown.

“We’re thankful for Eric’s contributions in helping MicroStrategy become the fiscally strong company it is today,” said Mr. Saylor. “For several years now, the Board and I have had the opportunity to observe Art Locke’s performance and leadership within our finance organization. We are impressed with his judgment, integrity, and financial expertise. Art has been instrumental in our company’s success, and we have confidence in his ability to lead our finance organization.” Saylor added, “We have enjoyed working with Eric, and wish him well with his exciting new professional opportunity at McAfee.”

“With over $100,000,000 in cash and investments on our balance sheet, no long-term debt, and high operating margins, MicroStrategy is in a very strong financial position,” said Mr. Brown. “I’m confident we’re going to have a smooth handoff to Art, who has been working closely with me for nearly four years as MicroStrategy’s vice president of finance, overseeing the company’s worldwide accounting, tax, and financial reporting operations.”

“We’ve built a world-class finance organization since I joined MicroStrategy in January 2001, and I have tremendous confidence in the skills and abilities of the people on my team,” said Mr. Locke. “I look forward to continuing to work with the MicroStrategy executive team and Board to build on the remarkable success we have achieved thus far.”

Prior to MicroStrategy, Mr. Locke, a certified public accountant, held numerous senior finance positions in public and private companies including chief financial officer of Biospherics, corporate controller at EIS International, and manager of SEC reporting at NVR, Inc. He also served in public accounting for five years with both Coopers & Lybrand and Touche Ross. Mr. Locke holds a bachelor of science in business administration (BSBA) in accounting and computer systems from American University.

About MicroStrategy

Founded in 1989, MicroStrategy is a worldwide leader in the business intelligence software market. Leading Fortune 2000 companies are increasingly integrating MicroStrategy’s business monitoring, reporting, and analysis software into their operations. The MicroStrategy Business Intelligence Platform(tm) distills vast amounts of data into vital insight to help drive cost-efficiency, revenue-generation, and productivity. Top companies are using MicroStrategy to cost-effectively empower thousands of employees, partners, and suppliers with the business insight they need to make better business decisions everyday.

MicroStrategy has over 2,800 enterprise-class customers, including General Motors, Lowe’s Home Improvement Warehouse, Yahoo!, Visa International, Wells Fargo, Telecom Italia, AT&T Wireless Group and Aventis. MicroStrategy also has relationships with over 300 systems integrators and application development and platform partners, including IBM, PeopleSoft, Sun, HP, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, visit MicroStrategy’s Web site at http://www.microstrategy.com.

Bill Chatterton
MicroStrategy, Incorporated
703-744-3281
bchatterton@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy Holds First-Ever EuroWorld Conference

Nov 19, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Attendance from 23 Countries

McLEAN, Va. (November 19, 2004) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today reported that it held its first- ever European customer user conference, EuroWorld 2004, in Madrid, Spain, reflecting MicroStrategy’s growing footprint in the highly competitive European market.

MicroStrategy EuroWorld 2004 featured:

* Attendance by several hundred European customers, prospects and partners
* Attendees from 23 different countries
* 47 educational sessions from MicroStrategy product managers, technologists and leading customers

“The success of MicroStrategy EuroWorld 2004 exceeded our most optimistic projections,” said MicroStrategy COO Sanju Bansal. “The conference not only showcased our leading-edge technology and our increased European customer base, but also gave a great opportunity to MicroStrategy employees, customers, press and analysts to build important new networks among themselves.”

Bansal continued: “The feedback we’ve received from MicroStrategy EuroWorld has been very positive. We expect that MicroStrategy EuroWorld will become an exciting fixture of the industry conference calendar in the years ahead.”

MicroStrategy has a diverse European customer base, with leading companies in such major industries as finance, insurance, telecommunications and retail. During the last year, MicroStrategy has announced new deals with such industry leaders as Carrefour, Banco de España, Amlin Plc, Fnac, Alitalia and METRO Group.

About MicroStrategy

MicroStrategy offers exceptional capabilities — excellent scalability, powerful analytics, user-friendly query and reporting features and an outstanding, easy-to-use Web interface. Top companies are using MicroStrategy to cost-effectively harness large, multi-terabyte databases; empower thousands of employees at all operational levels; and extend the benefits of business intelligence enterprise-wide and beyond to customers, partners and suppliers.

MicroStrategy has over 2,800 enterprise-class customers, including General Motors, Lowe’s Home Improvement Warehouse, Yahoo!, Visa International, Wells Fargo, Telecom Italia, AT&T Wireless Group and Aventis. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Sun, HP, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, 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 ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i and MicroStrategy Report Services 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 Report Services, MicroStrategy 7, MicroStrategy 7i, MicroStrategy 7i Universal Edition, MicroStrategy Office 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

Tags: MicroStrategy

Leading UK Retailer Comet Selects MicroStrategy To Improve Purchasing Strategies

Nov 08, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategyÂ® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that electrical retailer Comet has chosen the MicroStrategy Business Intelligence Platformâ?¢ to deliver new management information to its purchasing teams and improve buying

McLean, VA (November 08, 2004) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that electrical retailer Comet has chosen the MicroStrategy Business Intelligence Platform(TM) to deliver new management information to its purchasing teams and improve buying strategies.

Using MicroStrategy, Comet’s new DPP (Direct Product Profitability) application will not only give its product category managers information on the gross margin of each product but also present them with a profit and loss account for their entire range, by integrating data from various sources. Following a successful pilot, DPP is now being used by all category managers at Comet’s UK headquarters.

“Enabling our commercial teams to see how much revenue is in each product – not only taking the cost and selling price of each unit into consideration but also distribution, service, warranty and delivery costs – affects buying behaviour and Comet’s profitability,” explained Andy Hicketts, IS Development Controller, Comet. “By having a single integrated BI platform from MicroStrategy we can easily manage reporting to all our category managers, confident we are dealing with one set of consistent and reliable data.”,

Chris Kent, Pricing Team Controller at Comet confirmed: “DPP is giving us information on brands and products that was just not available before. Now decisions are made taking the true profitability of the product into account and not just margin, as we would have done traditionally.”

The DPP project is the latest phase in Comet’s management information strategy using MicroStrategy. Last year Comet gave its 250 store managers access to sales analysis and reporting for the first time in a six-figure project, allowing them to share information, best practices and increase sales. Some stores increased profits by up to 20 percent as a result.
About Comet

Comet has 250 stores throughout the UK, which offer a wide range of the most up to date home electricals at ‘Every Day Low Prices’. On average 34,000 competitor prices are checked every week to ensure that the lowest prices are maintained. Comet customers can also shop direct by telephone on 08705 425 425, online at www.comet.co.uk or log on to the UK’s first major retail auction website at www.clearance-comet.co.uk. Comet is pleased to support NCH as its national charity for 2003/04 and has pledged to raise £250,000 for this worthwhile cause.
About MicroStrategy

MicroStrategy has over 2,800 enterprise-class customers, including General Motors, Lowe’s Home Improvement Warehouse, Yahoo!, Visa International, Wells Fargo, Telecom Italia, AT&T Wireless Group and Aventis. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Sun, HP, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, visit MicroStrategy’s Web site at http://www.microstrategy.com.

MicroStrategy, MicroStrategy 7, MicroStrategy Business Intelligence Platform, MicroStrategy Report Services, and 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.

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 ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i and MicroStrategy Report Services 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 is a registered trademark 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

Tags: MicroStrategy

Top Library Software Provider Dynix Selects MicroStrategy for Business Intelligence Reporting & Analysis

Nov 01, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Up to 11,000 Libraries Will Benefit

McLEAN, Va., (November 01, 2004) –

MicroStrategy® Incorporated (NASDAQ: MSTR) today announced that Dynix, the world’s leading provider of automation technologies, solutions, and services for libraries, has selected MicroStrategy as its embedded business intelligence reporting and analysis solution. Dynix will offer MicroStrategy’s enterprise reporting and analysis capabilities to libraries worldwide. As many as 11,000 libraries will be able to benefit from MicroStrategy technology through a Dynix product called Horizon Web Reporter. Dynix joins a growing list of OEM partners that embed MicroStrategy in their value-added offerings.

Dynix is the global leader in new-name sales of library management systems and has the largest installed customer base of any integrated library system vendor.. As a committed advocate of the library community, Dynix serves academic, special, school, public, and consortium libraries in over 40 countries. Through Horizon Web Reporter, libraries will harness MicroStrategy for a wide range of applications including justification of funding and budget approvals and monitoring, assessment and management of library operations. All reports can be easily shared with other branch libraries or other peer libraries using MicroStrategy’s extensive report distribution capabilities.

“We’ve selected MicroStrategy Report Services because it’s an easy-to-use reporting and analysis product that produces content-rich, user-friendly reports while scaling to large databases,” said Dynix COO Bill Davison. “We especially like the intuitive Web interface that allows users to create ad-hoc reports, which is essential for the diverse needs of our library customers.” ,

About Dynix Dynix is the global leader in new-name sales of library management systems and has the largest installed customer base of any library technology vendor. As a committed advocate of the library community, Dynix serves academic, special, school, public, and consortium libraries in over 40 countries. Dynix has more than 100 professional librarians on staff and proven experience in software leadership. Since 1983, Dynix has provided customers visionary technology solutions that support the latest industry standards and offer intuitive functionality. For complete corporate information and a guide to Dynix products and services, visit www.dynix.com.

About MicroStrategy Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Leading Fortune 2000 companies are integrating MicroStrategy’s industrial-strength software into virtually all facets of their businesses. The MicroStrategy Business Intelligence Platform(TM) distills vast amounts of data into vital, probing insight to help drive cost-efficiency, productivity, customer relations and revenue-generation. MicroStrategy offers exceptional capabilities — excellent scalability, powerful analytics, user-friendly query and reporting features and an outstanding, easy-to-use Web interface. Top companies are using MicroStrategy to cost-effectively harness large, multi-terabyte databases; empower thousands of employees at all operational levels; and extend the benefits of business intelligence enterprise-wide and beyond to customers, partners and suppliers.

MicroStrategy has over 2,800 enterprise-class customers, including General Motors, Lowe’s Home Improvement Warehouse, Yahoo!, Visa International, Wells Fargo, Telecom Italia, AT&T Wireless Group and Aventis. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Sun, HP, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, 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 ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i and MicroStrategy Report Services 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.

Source: MicroStrategy

Tags: MicroStrategy

Top Library Software Provider Dynix Selects MicroStrategy for Business Intelligence Reporting & Analysis

Nov 01, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Up to 11,000 Libraries Will Benefit

McLEAN, Va., (November 01, 2004) –

MicroStrategy has over 2,800 enterprise-class customers, including General Motors, Lowe’s Home Improvement Warehouse, Yahoo!, Visa International, Wells Fargo, Telecom Italia, AT&T Wireless Group and Aventis. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Sun, HP, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, 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 ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i and MicroStrategy Report Services 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.

Source: MicroStrategy

Tags: MicroStrategy

Top Library Software Provider Dynix Selects MicroStrategy for Business Intelligence Reporting & Analysis

Nov 01, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Up to 11,000 Libraries Will Benefit

McLEAN, Va., (November 01, 2004) –

MicroStrategy has over 2,800 enterprise-class customers, including General Motors, Lowe’s Home Improvement Warehouse, Yahoo!, Visa International, Wells Fargo, Telecom Italia, AT&T Wireless Group and Aventis. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Sun, HP, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, 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 ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i and MicroStrategy Report Services 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.

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy’s Q3 2004 Revenue Increases 42% Over Q3 2003

Oct 26, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

License Revenue Up 46% Over Q3 2003; Operating Margin Rises to 31% in Q3 2004

MCLEAN, Va., (October 26, 2004) –

MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced its financial results for the three- month period ended September 30, 2004 (the third quarter of its 2004 fiscal year), reporting GAAP earnings of $7.22 per share on a diluted basis. Third quarter 2004 revenue was $60.6 million versus $42.8 million in the third quarter of 2003, a 42% increase. Revenue in the second quarter of 2004 was $49.9 million.

Third quarter 2004 license revenue was $25.8 million versus $17.7 million in the third quarter of 2003, a 46% increase and the highest quarterly license revenue amount since the third quarter of 2000. The increase in license revenue during the third quarter of 2004 is primarily due to closing multiple transactions with license revenues in excess of a million dollars during the quarter. License revenue in the second quarter of 2004 was $18.3 million. Revenue from services in the third quarter of 2004 increased 38% over the third quarter of 2003 primarily due to growth in our maintenance business. MicroStrategy’s cash plus long-term investments at the end of the third quarter of 2004 was $101.2 million versus $38.7 million at the end of the third quarter of 2003 and $87.2 million at the end of the second quarter of 2004.

Net income for the third quarter of 2004, determined in accordance with GAAP, was $122.0 million, or $7.22 per share on a diluted basis. This result included a non-cash income tax benefit of $103.6 million as a result of the release of the Company’s US and Canadian deferred tax asset valuation allowance in the amount of $125.4 million. Third quarter 2004 income from operations was $18.8 million, or 31% of revenue, versus $7.0 million, or 16% of revenue, in the third quarter of 2003 and $12.2 million, or 24% of revenue, in the second quarter of 2004.

“With very robust operating income and sharp increases in both overall and license revenues, Q3 2004 was an outstanding quarter for MicroStrategy,” said MicroStrategy President and CFO Eric F. Brown. “MicroStrategy’s fundamentals continue to be solid as evidenced by a 31% operating income margin for the third quarter.”

“Our excellent operating results reflect the effect of three highly successful new product launches since last November that have opened up new markets to MicroStrategy,” said MicroStrategy Chairman and CEO Michael J. Saylor. “With leadership in the reporting space and further product upgrades planned in the next year, we are well positioned for future growth.”

Added 90 New Customers:

New customers and new deals with existing customers in Q3 2004 included:

Air Force Safety Center, Blain’s Farm & Fleet, Brickstream, Chela Financial, Cingular Wireless, CryptoLogic, Inc., Dayton Early Education Agency, Discovery Communications, Inc., E! Entertainment Television, Elder- Beerman Stores Corp., Federal Bureau of Investigation, Four51, Grange Insurance, ICG Commerce, Kerzner International North America, La Capitale Assurances Generales, Liz Claiborne, Inc., LoanPerformance, Lowe’s Companies, Meredith Corporation, National Institutes of Health, Nygard International, Office Depot, Premier, Inc., Prescription Solutions, Shoppers Drug Mart, Spartan Stores, Inc., The Warnaco Group, Inc., U.S. House of Representatives, Ukrop’s Super Markets Inc. and Universal Studios, Inc.

Examples of Noteworthy Customer Deals from Q3 2004:

Discovery Communications, Inc.

With global operations in 160 countries and territories and one billion cumulative subscribers, Discovery Communications, Inc. is a leading global real-world media and entertainment company. Discovery selected MicroStrategy 7i for its ability to meet the complex reporting requirements inherent in analyzing ad sales volume and revenue patterns. Discovery also uses MicroStrategy for several internal human resources reporting applications. Ultimately, Discovery intends to have over 500 MicroStrategy users, and these users will access a 500-gigabyte Oracle(R) data warehouse incorporating data from several online transaction processing systems.

Cingular Wireless

With more than 25 million voice and data customers across the United States, Cingular Wireless is a leader in mobile voice and data communications. Cingular selected MicroStrategy for its ad-hoc analysis capabilities. Approximately 100 marketing users will perform customer churn analysis using customer and financial data stored in a Teradata(R) data warehouse. The company will utilize MicroStrategy to track and analyze sales and marketing data to provide end users with greater insight into the company’s customer acquisition and retention programs.

Premier, Inc.

Premier, Inc. is a strategic alliance entirely owned by nearly 200 leading U.S. hospital and healthcare systems. Premier is using MicroStrategy to anchor Clinical Advisor(TM), a program offering hospital assessments, goal- setting data, and benchmarking information to guide healthcare improvement efforts. Premier relies on MicroStrategy to offer member hospitals healthcare information services to improve their performance. Using more than 18 business intelligence (BI) applications developed using MicroStrategy technology, hundreds of Premier’s clients make informed decisions on such issues as the clinical care process, financial and market strategy, resource utilization, patient safety, and staffing.

Federal Bureau of Investigation (FBI)

The FBI will be using the MicroStrategy Business Intelligence Platform(TM) to analyze and access data in the Bureau’s Investigative Data Warehouse. MicroStrategy technology will support information sharing among law enforcement, intelligence and homeland security agencies. Information sharing among these agencies — essential to national security — will be enhanced by MicroStrategy’s ability to provide a Web-based, collaborative environment for hundreds of analysts to access vast amounts of data. This information sharing is intended to make it easier to respond and react to possible homeland security threats.

MicroStrategy and DuPont Crop Protection Win Major Trade-Magazine Award

In September 2004, MicroStrategy and its customer DuPont Crop Protection won a DM Review World Class Solution Award for DuPont’s MicroStrategy business intelligence application.

“The DuPont Crop Protection and MicroStrategy implementation is truly representative of industry best practices and we commend them for successfully addressing their enterprise challenges,” said Jean Schauer, editor-in-chief of DM Review. Anchored on MicroStrategy, the DuPont Development Data Warehouse is a business intelligence (BI) tool that analyzes, summarizes, manages, and reports on global field development trials for crop protection products. The Development Data Warehouse solution allows managers to improve workflow management.

“The BI tool enables DuPont Crop Protection to improve productivity and effectiveness in our field trials,” said John Beitler, Global Agfile Manager for DuPont Crop Protection. “In today’s very competitive marketplace, having the right information at the right time is essential to success.”

DM Review’s World Class Solution Award, a symbol of excellence within the business intelligence and data warehousing industry, originated in 1996. Entries are accepted in categories that reflect mission-critical segments of the market as determined by feedback from DM Review readers. The winners were selected from more than 80 global entries based on each entry’s impact, relevance and innovation.

Release of Tax Valuation Allowance

The Company determined that it is more likely than not that the Company would be able to utilize a substantial portion of its US and Canadian net operating loss carry forwards and other deferred tax assets prior to their expiration. As a result, the Company released a total of $125.4 million of its US and Canadian deferred tax asset valuation allowance in the third quarter of 2004. Of the $125.4 million, $103.6 million of the valuation release was recorded as an income tax benefit on the Company’s statement of operations and $21.8 million of the valuation release is attributable to stock option exercises, which was recorded as an increase in additional paid in capital on the balance sheet.

Outlook and Financial Guidance Information

The following statements are subject to risks and uncertainties described at the end of this press release. Management guidance for Q4 2004 and full year 2005 contained herein is valid as of the date of this press release only and supersedes any previously announced guidance as to the Company’s expectations for financial results for Q4 2004 and full year 2005.

Approximate Ranges
(in millions, except for Q4 2004 Range Full Year 2005 Range
per share data)

Revenue $47.7 – $57.4 $211.1 – $251.6
Net income $6.7 – $13.6 $32.4 – $48.1

GAAP diluted earnings per share $0.39 – $0.79 $1.87 – $2.74

Diluted weighted average
shares outstanding 17.00 – 17.20 17.20 – 17.50

The guidance provided above assumes an effective tax rate in the range of 5% to 7% for the fourth quarter 2004. For the full year 2005 and for each quarter in 2005, the guidance assumes an effective tax rate in the range of 28% to 31%.

MicroStrategy will be discussing its third quarter 2004 results on a conference call today beginning at approximately 5:30 p.m. EDT. Domestically, dial (877) 597-9704 and mention Michael Saylor as the chairperson prior to 5:30 p.m. EDT, or for 48-hour playback access, dial 800-642-1687 and enter the conference ID 9823349. Internationally, dial (706) 634-6550 and mention Michael Saylor as the chairperson prior to 5:30 p.m. EDT, or for 48-hour playback, dial 706-645-9291 and enter the conference ID 9823349. For a live audio Webcast or replay of the call, visit — http://www.microstrategy.com/investor or http://www.streetevents.com for StreetEvents subscribers.

About MicroStrategy

Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Leading Fortune 2000 companies are integrating MicroStrategy’s industrial-strength software into virtually all facets of their businesses. The MicroStrategy Business Intelligence Platform(TM) distills vast amounts of data into vital, probing insight to help drive cost-efficiency, productivity, customer relations and revenue- generation. MicroStrategy offers exceptional capabilities — excellent scalability, powerful analytics, user-friendly query and reporting features and an outstanding, easy-to-use Web interface. Top companies are using MicroStrategy to cost-effectively harness large, multi-terabyte databases; empower thousands of employees at all operational levels; and extend the benefits of business intelligence enterprise-wide and beyond to customers, partners and suppliers.

MicroStrategy has over 2,800 enterprise-class customers, including General Motors, Lowe’s Home Improvement Warehouse, Yahoo!, Visa International, Wells Fargo, Telecom Italia, AT&T Wireless Group and Aventis. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Sun, HP, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, 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 and financial results, including the information set forth under the caption “Outlook and Financial Guidance Information,” 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 7i and MicroStrategy Report Services 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 7, MicroStrategy Business Intelligence Platform, MicroStrategy 7i, MicroStrategy Report Services, MicroStrategy Office, MicroStrategy 7i Universal Edition 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.

MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
(unaudited)

Three Months Ended Nine Months Ended
September 30, September 30,
2004 2003 2004 2003

Revenues
Product licenses $25,761 $17,652 $62,895 $53,818
Product support and other services 34,865 25,185 96,721 70,087
Total revenues 60,626 42,837 159,616 123,905

Cost of Revenues
Product licenses 1,051 812 2,765 2,341
Product support and other services 7,451 5,980 21,631 18,357
Total cost of revenues 8,502 6,792 24,396 20,698
Gross profit 52,124 36,045 135,220 103,207

Operating Expenses
Sales and marketing 17,227 13,667 49,171 40,629
Research and development 7,347 6,905 20,593 21,636
General and administrative 8,706 8,478 24,162 23,625
Restructuring and impairment
charges – – – 1,699
Amortization of intangible assets 18 18 53 166
Total operating expenses 33,298 29,068 93,979 87,755
Income from operations 18,826 6,977 41,241 15,452

Financing and Other Income
(Expense)
Interest income 378 174 667 545
Interest expense (1) (19) (701) (44) (5,048)
Loss on investments – – (85) –
Loss on early extinguishment of
notes payable – (30,229) – (31,069)
Other (expense) income, net (162) (237) 403 (142)
Total financing and other income
(expense) 197 (30,993) 941 (35,714)
Income before income taxes 19,023 (24,016) 42,182 (20,262)
(Benefit) provision for income
taxes (102,966) 342 (101,613) 1,135
Net income (loss) $121,989 $(24,358) $143,795 $(21,397)

Basic earnings (loss) per share $7.60 $(1.59) $8.97 $(1.48)
Diluted earnings (loss) per share $7.22 $(1.59) $8.41 $(1.48)
Basic weighted average shares
outstanding 16,053 15,359 16,039 14,418
Diluted weighted average shares
outstanding 16,903 15,359 17,094 14,418

(1) Interest expense for the three months ended September 30, 2004 and
2003, includes discount amortization expense on notes payable of $0
and $281, respectively. Interest expense for the nine months ended
September 30, 2004 and 2003, includes discount amortization expense on
notes payable of $0 and $2,137, respectively.

MICROSTRATEGY INCORPORATED
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)

September 30, December 31,
2004 2003
Assets (unaudited) (audited)
Current assets
Cash and cash equivalents $74,793 $51,882
Restricted cash 738 747
Accounts receivable, net 30,352 30,993
Prepaid expenses and other current
assets 6,565 3,888
Deferred tax assets, net 16,730 1,807
Total current assets 129,178 89,317

Property and equipment, net 16,121 16,113
Capitalized software development
costs, net 3,302 3,693
Long-term investments 26,359 –
Deposits and other assets 3,234 1,984
Deferred tax assets, net 113,748 3,686
Total Assets $291,942 $114,793

Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable and accrued
expenses $13,149 $12,768
Accrued compensation and employee
benefits 19,280 17,968
Accrued restructuring costs 1,961 2,599
Deferred revenue and advance
payments 39,765 28,374
Total current liabilities 74,155 61,709

Deferred revenue and advance payments 1,973 2,750
Other long-term liabilities 3,153 2,443
Accrued restructuring costs 2,237 3,544
Total Liabilities 81,518 70,446

Stockholders’ Equity:
Preferred stock undesignated;
$0.001 par value; 4,971 shares
authorized; no shares issued or
outstanding – –
Class A common stock; $0.001 par
value; 330,000 shares authorized;
12,535 shares issued and 12,467
shares outstanding, and 12,362 shares
issued and outstanding, respectively 13 12
Class B common stock; $0.001 par value;
165,000 shares authorized; 3,549 and
3,604 shares issued and outstanding,
respectively 4 4
Additional paid-in capital 412,387 387,625
Treasury stock, at cost; 68 shares
and 0 shares, respectively (2,331) –
Accumulated other comprehensive income 2,469 2,619
Accumulated deficit (202,118) (345,913)
Total stockholders’ equity 210,424 44,347
Total Liabilities and Stockholders’ Equity $291,942 $114,793

MICROSTRATEGY INCORPORATED
Additional Financial Information

Net Income and Additional Financial Information
(in thousands)
(unaudited) Three Months Ended Nine Months Ended
September 30, September 30,
2004 2003 2004 2003

Net income (loss) $121,989 $(24,358) $143,795 $(21,397)

Additional Financial
Information:
Restructuring and
impairment charges – – – 1,699
Amortization of intangible
assets 18 18 53 166
Loss on investments – – 85 –
Loss on early
extinguishment of notes
payable – 30,229 – 31,069
Discount amortization
expense on notes payable – 281 – 2,137
Release of deferred tax
asset valuation allowance (103,613) (103,613) –
Other items (65) – (233) –
Total $(103,660) $30,528 $(103,708) $35,071

Additional Financial Information – Cash vs. Non-cash
(in thousands)
(unaudited) Three Months Ended Nine Months Ended
September 30, September 30,
2004 2003 2004 2003

Non-cash:
Amortization of intangible
assets $18 $18 $53 $166
Loss on investments – – 85 –
Loss on early extinguishment of
notes payable – 30,229 – 31,069
Discount amortization expense
on notes payable – 281 – 2,137
Release of deferred tax asset
valuation allowance (103,613) – (103,613) –
Total non-cash (103,595) 30,528 (103,475) 33,372

Cash:
Restructuring and impairment
charges – – – 1,699
Other items (65) – (233) –
Total cash (65) – (233) 1,699

Total $(103,660) $30,528 $(103,708) $35,071

MICROSTRATEGY INCORPORATED

Non-Generally Accepted Accounting Principles (“Non-GAAP”) Financial Measures

Management believes that the presentation of the additional financial information is helpful in understanding the ongoing operating results and cash flow indicators with respect to the Company’s core business because the additional financial items are non-cash or cash related gains and expenses incurred during the period that are not associated with ongoing operating results and are not cash flow indicators of the Company’s core business operations.

EBITDA and Additional Financial Information
(in thousands)
(unaudited) Three Months Ended Nine Months Ended
September 30, September 30,
2004 2003 2004 2003

Net income (loss) $121,989 $(24,358) $143,795 $(21,397)

Interest income (378) (174) (667) (545)
Interest expense 19 701 44 5,048
(Benefit) provision for income
taxes (102,966) 342 (101,613) 1,135
Depreciation and amortization 2,025 2,069 6,157 6,663
Amortization of intangible
assets 18 18 53 166

EBITDA $20,707 $(21,402) $47,769 $(8,930)

Additional Financial Information:
Restructuring and impairment
charges – – – 1,699
Loss on investments – – 85 –
Loss on early extinguishment of
notes payable – 30,229 – 31,069
Other expense (income) 162 237 (403) 142

Total $162 $30,466 $(318) $32,910

MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)

Nine months ended
September 30,
2004 2003

Operating activities:
Net income (loss) from continuing
operations $143,795 $(21,397)
Adjustments to reconcile net income
from continuing operations to net cash
provided by operating activities:
Depreciation and amortization 6,210 6,829
Bad debt recovery 60 256
Loss on investments 85 –
Loss on early extinguishment of
notes payable – 31,069
Discount amortization expense on
notes payable – 2,137
Release of deferred tax asset
valuation allowance (103,613) –
Other, net 65 176
Changes in operating assets and
liabilities:
Accounts receivable 648 1,219
Prepaid expenses and other
current assets (2,727) (1,771)
Deferred tax assets, net 433 (123)
Deposits and other assets (1,301) (623)
Accounts payable and accrued
expenses, compensation and
employee benefits 1,875 1,298
Accrued restructuring costs (1,969) (2,102)
Deferred revenue and advance
payments 10,356 7,087
Other long-term liabilities 712 (299)
Net cash provided by operating
activities 54,629 23,756
Investing activities:
Purchases of property and equipment, net (4,436) (3,240)
Capitalized software development costs (1,414) (205)
Purchase of long-term investments (26,353) –
(Increase) decrease in restricted cash (4) 5,445
Net cash (used in) provided by
investing activities (32,207) 2,000
Financing activities:
Proceeds from sale of class A common
stock under employee stock purchase plan
and exercise of employee stock options 2,976 2,817
Purchases of treasury stock (2,331) –
Net cash payments on promissory notes
issued to former preferred stockholders – (5,000)
Net cash provided by (used in)
financing activities 645 (2,183)
Effect of foreign exchange rate
changes on cash and cash equivalents (181) 518
Net increase in cash and cash equivalents
from continuing operations 22,886 24,091
Net cash received from (advanced to)
discontinued operations 25 (406)
Net increase in cash and cash equivalents 22,911 23,685
Cash and cash equivalents, beginning
of period 51,882 15,036
Cash and cash equivalents, end of period $74,793 $38,721

Supplemental disclosure of noncash
investing and financing activities:
Early extinguishment of notes payable $- $(46,875)
Issuance of class A common stock in
connection with early extinguishment of
notes payable $- $78,533

CONTACT: Marc Brailov of MicroStrategy Incorporated, +1-703-770-1670,
mbrailov@microstrategy.com.

SOURCE: MicroStrategy Incorporated

Web site: http://www.microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

Leading Global Retailer METRO Group Expands MicroStrategy Deployment

Oct 25, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategy’s Largest European Sale Since 2000

MCLEAN, Va., (October 25, 2004) –

MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that it had won its largest European sale since 2000 by closing a five-year deal with the world’s fourth-largest retailing group, METRO Group.

Approximately 2,500 employees in multiple departments across the METRO Group organization are already utilizing the MicroStrategy platform as their business intelligence standard to perform reporting and analysis against a 34- terabyte Teradata(R) data warehouse. MicroStrategy is the anchor of numerous business intelligence applications, encompassing merchandising, marketing, market-basket analysis, category management, reporting and strategic business planning and advertising-effectiveness studies.

METRO Group employees, for example, utilize MicroStrategy to run reports to track sales trends and margins as well as perform ad-hoc analyses to understand the drivers behind product-line performance. The company also uses MicroStrategy technology for its MetroLink Project to provide its suppliers with scorecards on product performance.

“We’re substantially expanding our deployment of MicroStrategy because it uniquely meets METRO Group’s rigorous requirements for sophisticated yet user- friendly business intelligence reporting features and for a highly scalable platform,” said Silvester Macho, Division Manager, METRO Group Information Technology. “MicroStrategy enables our employees to track the performance of the entire company, optimize product assortment, and make decisions that help make us more customer-responsive and competitive to increase revenue and profitability.”

“We’re exceptionally proud of this significant new deal with METRO Group,” said MicroStrategy COO Sanju Bansal. “Our customer footprint in the leading- edge retail business continues to expand, as a large number of the world’s top 200 retailers have standardized on MicroStrategy. Our capacity to provide insightful reports on critical data — drilled down to the customer- transactional level — has proved its value to our retail clients.”

MicroStrategy now boasts as customers seven of the top ten global retailers; six of the top ten U.S. diversified financial services companies; seven of the top ten U.S. consumer products companies; each of the top five U.S. commercial and savings banks; each of the top ten U.S. pharmaceutical companies; and nine of the top ten telecom companies. For more information on MicroStrategy’s customers, please visit: http://www.microstrategy.com/Customers/Customer_List.asp.

About The METRO Group

METRO Group is the world’s fourth-largest retailing group with sales amounting to EUR 53.6 billion in 2003. With its powerful brands, the METRO Group operates successfully in 28 different countries around the world — at almost 2,400 locations with more nearly 250,000 employees. The METRO Group’s six sales divisions operate independently on the market with their own specific sales concepts: Metro/Makro Cash & Carry — the world’s market leader in self-service wholesaling, Real hypermarkets, Extra supermarkets, Media Markt and Saturn — the leading consumer electronics centers in Europe, Praktiker home improvement and DIY centers, and the department stores of Galeria Kaufhof. More information at http://www.metrogroup.de.

About MicroStrategy Incorporated

Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Leading Fortune 2000 companies are integrating MicroStrategy’s industrial-strength software into virtually all facets of their businesses. The MicroStrategy Business Intelligence Platform(TM) distills vast amounts of data into vital, probing insight to help drive cost-efficiency, productivity, customer relations and revenue-generation. MicroStrategy offers exceptional capabilities – excellent scalability, powerful analytics, user-friendly query and reporting features and an outstanding, easy-to-use Web interface. Top companies are using MicroStrategy to cost-effectively harness large, multi-terabyte databases; empower thousands of employees at all operational levels; and extend the benefits of business intelligence enterprise-wide and beyond to customers, partners and suppliers.

MicroStrategy has over 2,800 enterprise-class customers, including General Motors, Lowe’s Home Improvement Warehouse, Yahoo!, Visa International, Wells Fargo, Telecom Italia, AT&T Wireless Group and Aventis. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Sun, HP, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, visit MicroStrategy’s Web site at http://www.microstrategy.com.

Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

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