Latest Business Intelligence News
Comcast Selects MicroStrategy BI Platform to Improve Efficiency & Productivity by Reporting on Internal Operations
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Comcast Cable Communications, Inc., the countryâ??s leading cable and broadband communications provider, has selected the MicroStrategy Business Intelligence Platformâ?¢
McLean, Va., (April 15, 2003) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Comcast Cable Communications, Inc., the country’s leading cable and broadband communications provider, has selected the MicroStrategy Business Intelligence Platform(TM) to increase internal operational efficiency and employee productivity. Comcast has more than 55,000 employees in six divisions, and serves more than 21 million customers.
Comcast will utilize the MicroStrategy system to track and assess business data across functional areas to provide managers with greater insight into the company’s internal operations. Comcast will run these applications against a 1-terabyte Redbrick database.
“With MicroStrategy’s software, our employees will have the ability to create their own reports, and that helps support our goal of generating and internally disseminating timely, in-depth reports on key aspects of our operations,” said Eric DeSimone, Comcast’s Director of Business Intelligence Systems. “MicroStrategy offers ease-of-deployment, ease-of-use, ease-of-administration, exceptional scalability and powerful analytics that can drill down to the most minute detail.”
“Comcast is a valued new customer and serves as another important validation of the exceptional capabilities of MicroStrategy’s software,” said MicroStrategy’s COO Sanju Bansal. “This new deal is part of a broader trend of MicroStrategy success with leading companies across the business spectrum who demand industrial-strength business intelligence solutions.”
The leading independent survey of the online analytic market, The OLAP Survey 2, recently found MicroStrategy’s software superior to that of Business Objects, Cognos, Hyperion and Brio in Web deployment and data scalability. The MicroStrategy Business Intelligence Platform was determined to be far ahead in its capacity to be deployed easily via the Web and in its ability to serve users enterprise-wide by harnessing very large databases.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user- friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,900 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Hewlett-Packard, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, MicroStrategy 7i are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Source: MicroStrategy
Leading Soft Drinks Company Britvic Adopts MicroStrategy BI Platform as its Enterprise Standard
MicroStrategy Platform Chosen Over Business Objects, Brio and ProClarity
LONDON (April 08, 2003) –
icroStrategy® Incorporated (Nasdaq: MSTR – News), a leading worldwide provider of business intelligence software, today announced that Britvic Soft Drinks, one of the United Kingdom’s leading soft drink companies, is using MicroStrategy to anchor its enterprise-wide business intelligence (BI) applications. The applications allow Britvic’s 21 UK offices to gain insight into operations and increase profitability. MicroStrategy 7i(TM) replaced tools from Oracle®, and was also selected over competitors Brio®, Business Objects® and Pro Clarity®.
Following an extensive evaluation process, the soft drinks retailer chose MicroStrategy for its pure Web-based technology and its powerful analysis capabilities. Using MicroStrategy Web(TM), Britvic’s customer and business development managers are able to run reports and analyze volume and contribution information on product performance at the individual customer level. This analysis helps Britvic reduce business complexity across the organization, while identifying profit improvement opportunities for its customers.
Sharon Ross, Project Manager, Britvic Soft Drinks commented, “We chose not to remain with our previous system as it was no longer meeting our needs as an enterprise. We began the business intelligence selection process in October 2001, and in January of 2002 we built a prototype of MicroStrategy’s solution. Our users tested it extensively and it didn’t take us long to realize that it was the system that we wanted to work with permanently.”
Simon Coverdale, Head of IT Architecture & Planning, Britvic Soft Drinks added, “We are very impressed with MicroStrategy’s solution. We had a genuine need for a system that would provide our users with the ability to perform business analysis on-line. Having considered it against other offerings on the market, MicroStrategy consistently came first in meeting the business requirements for the company, and both the analytical and online needs of our users.”
“MicroStrategy is thrilled to be the business intelligence standard across the Britvic organization,” said Richard Irwin, UK managing director at MicroStrategy Incorporated. “Efficient management of the enterprise is now more challenging than ever, and, for large retailers, it is imperative to collect large volumes of data in order to analyze trends and measure performance across the enterprise. MicroStrategy 7i is enabling Britvic to make much fuller use of its data, gain vital new intelligence from it, and make proactive decisions that can drive efficiency, productivity and customer relations.”
About Britvic
Britvic Soft Drinks is the UK’s second largest soft drinks manufacturer. The company’s head office is in Chelmsford and it has production and distribution sites around the country. Company turnover in 2001/02 was over half a billion pounds. As well as the Britvic range, the company produces some of the UK’s best selling brands, including Tango, Pepsi, and Robinsons.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user- friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,900 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Hewlett-Packard, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; 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 7i, MicroStrategy Web are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com
Source: MicroStrategy
Encoda Systems Chooses MicroStrategy for Media Industry’s First Integrated Web-based Advertising Analytics Tool
Major Broadcast Groups Optimize Client Efficiency and Productivity With Business Intelligence Application
McLEAN, Va., (April 07, 2003) –
MicroStrategy® Incorporated (Nasdaq: MSTR – News), a leading worldwide provider of business intelligence software, today announced that Encoda Systems, a leading provider of media management systems, has selected MicroStrategy’s analytics to deliver enhanced productivity and efficiency through its new Encoda MART (Media Analysis and Reporting Tool) analysis system. Encoda Systems provides the media industry with advertising and sales profitability analysis capabilities through Encoda MART, a Web-based ASP (Application Service Provider) business intelligence application. Encoda MART will be demonstrated at the NAB2003 show, in Las Vegas, NV, in Encoda’s Booth #C3211, April 5-10.
“With Encoda MART utilizing the MicroStrategy Web interface, our customers can spend significantly less time manually gathering information, and more time generating revenue,” said Bob Duncan, Senior Vice President of Sales and Marketing of Encoda Systems. “By combining Encoda Systems’ extensive industry expertise and MicroStrategy’s business intelligence tools, we are delivering a sophisticated Web-based corporate consolidation and reporting system for the media industry. With Encoda MART, broadcasting groups, cable networks and individual stations can more effectively manage great volumes of broadcast and sales information in a consolidated and consistent manner for their many media properties.” By the end of April, over 100 television stations will be using Encoda MART.
“After extensive analysis of business intelligence tools, we selected MicroStrategy because we needed to provide Web-based access to large amounts of data to many different types of users. In our opinion, MicroStrategy offers the best Web deployment product,” added Duncan. “As a result, broadcast groups can evaluate advertising trends and make decisions based on a more complete and accurate set of management information tools.”
Encoda Systems centralizes data from disparate transactional systems into a single data warehouse, and chose MicroStrategy to provide reporting capabilities on the most granular levels of spot information easily over the Web — reducing the time it takes to create and run crucial reports from several hours, days, or weeks to just a few minutes. The powerful sort-and- filter capabilities of Encoda MART provide media companies with the ability to interrogate such information as advertising dollars by: station or network, geographical region, product, ad agency, advertiser, salesperson, national vs. local business, timing of spots and average rate for spots.
About Encoda Systems
Encoda Systems, with offices throughout the world and regionalized offices in the United States, is the de facto standard in media solutions with more than 35 years of experience. Encoda’s Media Management Solutions Group processes more than $16 billion in advertising revenue annually. Encoda’s Automation Products Group is the leading provider of single and multi-channel solutions in broadcast automation, increasing broadcasters’ success and reducing operation costs in the ever-changing and complex world of digital broadcasting. The Company’s solutions leverage the latest Web- and Windows- based technologies to manage the entire commercial process, including sales and traffic, master control automation, digital transmission and asset management, program scheduling and material management. Whether for a station, group or network, television, direct broadcast satellite, radio or cable broadcaster, Encoda Systems has a proven solution. Customers include: Alliance Atlantis, BSkyB, Crown Media, ESPN Singapore, Fox, Grupo Televisa, Hearst Argyle Television, MediaGeneral Broadcast Group, Southern Cross Broadcasting Australia, Taj Sports, Tribune Broadcasting and XM Satellite Radio.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user- friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,900 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Hewlett-Packard, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, MicroStrategy 7i are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com
Source: MicroStrategy
Belk Enhances Business Performance with MicroStrategy Software
Nationâ??s Largest Privately Owned Department Store Company
McLEAN, Va., (March 24, 2003) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Belk, Inc. has deployed MicroStrategy’s Business Intelligence Platform(TM) to reduce inventory and costs and improve business performance company-wide. A MicroStrategy customer since 1997, Belk is the nation’s largest privately owned department store organization, with 214 stores serving customers in 13 Southeastern and Mid-Atlantic states.
“MicroStrategy has provided us with strategic access to sales, inventory, receipts, markdowns and on-order information, helping us make more proactive, smarter decisions that enhance our overall business performance,” said Roddy Kerr, Belk executive vice president and chief information officer. “MicroStrategy’s advanced architecture, superior scalability and the company’s leadership in the business intelligence industry were the primary reasons we selected MicroStrategy. The MicroStrategy platform continues to provide us with high standards of performance, scalability and security. It enables approximately 600 Belk employees to easily access and analyze product and customer data contained in our IBM® DB2 data warehouse and allows Belk to take advantage of cost-saving and revenue generating opportunities.”
“Our longtime customers continue to realize significant benefits from their MicroStrategy-based applications,” said Sanju K. Bansal, vice chairman and chief operating officer of MicroStrategy Incorporated. “As an early adopter of business intelligence software, Belk Stores has demonstrated its leadership in the retail industry by leveraging our leading-edge business intelligence technology to improve business operations and ensure success.”
About Belk, Inc.
Charlotte, N.C.-based Belk, Inc. is the largest privately owned department store company in the nation. It operates 214 stores in 13 Southeastern states and reported total revenues of approximately $2.24 billion for the fiscal year that ended Feb. 2, 2002. Founded in 1888, Belk has become one of the dominant department stores in each of its markets by delivering superior service and consistently providing merchandise that meets customers’ needs for fashion, value and quality.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user- friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,900 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Hewlett-Packard, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the Company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; 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 7i, Scalable Business Intelligence Platform Built for the Internet are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com
Source: MicroStrategy
Canada’s Largest Retailer Hudson’s Bay Company Selects MicroStrategy’s Business Intelligence Platform as Enterprise-Wide Standard
MicroStrategy® Incorporated (Nasdaq: MSTR – News), a leading worldwide provider of business intelligence software, today announced that Hudson’s Bay Company, Canada’s largest retailer and oldest corporation has selected MicroStrategy as its enterprise-wide standard for accessing, analyzing, and sha
McLean, Va., (March 12, 2003) –
MicroStrategy® Incorporated (Nasdaq: MSTR – News), a leading worldwide provider of business intelligence software, today announced that Hudson’s Bay Company, Canada’s largest retailer and oldest corporation has selected MicroStrategy as its enterprise-wide standard for accessing, analyzing, and sharing information. Hudson’s Bay Company chose MicroStrategy after an extensive review of competing products in a deal valued at well over $1 million.
Hudson’s Bay Company’s deployment of the MicroStrategy business intelligence platform will be enterprise-wide, with nearly 5,000 users expected to harness the MicroStrategy platform for reporting, analysis and information delivery. These users will include store managers, company executives, financial and marketing analysts, and outside vendor personnel. The specific, diverse applications will include reporting of store sales and advertising expenditures, merchandise management, category reviews, vendor scorecards, financial analysis, and supply chain reporting and analysis. MicroStrategy will provide visibility into Oracle and Teradata databases of 2 to 3 terabytes, and these databases are expected to grow significantly over the next three years.
“We chose MicroStrategy over other vendors because their platform delivers understandable, high-value business intelligence to all our users,” said Hudson’s Bay Company’s Vice President of Information Services Gary Davenport. “Our end-users loved MicroStrategy’s easy-to-use web interface and its exceptional reporting features. MicroStrategy’s zero-footprint web interface will enable increased information sharing with our vendors, allowing us to realize efficiency and productivity gains that will help us more proactively serve our customers.”
“MicroStrategy is proud to be selected as the business intelligence standard at Hudson’s Bay Company,” said MicroStrategy’s Chief Operating Officer, Sanju Bansal. He added: “Our deal with Hudson’s Bay Company is part of a broader trend of success with large companies — Canada’s largest financial services, telecommunications and drug store companies are all MicroStrategy customers.”
According to the 2002 Fortune listing of top U.S. domestic companies, MicroStrategy customers include four of the top five diversified financial companies, four of the top five commercial banks, and seven of the top ten pharmaceutical companies. Additionally, MicroStrategy boasts as customers eight of the top ten telecommunications companies and six of the top ten automotive companies in the Fortune 2002 Global 500 list.
About Hudson’s Bay Company
Hudson’s Bay Company (Hbc), established in 1670, is Canada’s largest department store retailer and oldest corporation. The Company provides Canadians with the widest selection of goods and services available through numerous retail channels including more than 500 stores led by the Bay and Zellers chains. Hudson’s Bay Company is Canada’s fifth largest employer with 70,000 associates and has operations in every province in Canada.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user- friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,900 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Hewlett-Packard, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the Company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, MicroStrategy 7i, Scalable Business Intelligence Platform Built for the Internet are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com
Source: MicroStrategy
Leading Worldwide Retailer Benetton Group Selects MicroStrategy
To Perform Web-Based Sales Analysis Across 5,000 International Stores
McLean, Va., (March 03, 2003) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the Benetton Group is using the MicroStrategy Business Intelligence Platform(TM) to anchor its Web-based reporting system, the Commercial Reporting project, used to analyze sales and merchandising information. The Benetton Group is one of the world’s largest designers and manufacturers of casual apparel and sportswear, including the United Colors of Benetton, Sisley, Playlife and Killer Loop brands.
Benetton needed an integrated business intelligence platform that would accommodate its existing transactional operating systems. The Commercial Reporting project, developed by Benetton Group and MicroStrategy partner SoftQuattro, will enable Benetton’s end users across its global commercial office locations to analyze sales activity, as well as monitor customer orders and their delivery, via a simple Web browser.
“We are delighted to have been selected by a global leader in the retail industry,” said Andrea Delvó, managing director of MicroStrategy Italy. “Retail has long been a strength for MicroStrategy; Benetton’s success in deploying globally further demonstrates the wide utility of our business intelligence platform for large sales analysis applications.”
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user- friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,900 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Hewlett-Packard, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, MicroStrategy 7i are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com
Source: MicroStrategy
LG Card, Korea’s Leading Credit Card Company, Improves Business Performance with MicroStrategy Software
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Koreaâ??s leading credit card company, LG Card, is improving its business operations with the MicroStrategy Business Intelligence Platformâ?¢. LG Card, established in 198
McLean, Va., (February 27, 2003) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Korea’s leading credit card company, LG Card, is improving its business operations with the MicroStrategy Business Intelligence Platform(TM). LG Card, established in 1988, is Korea’s leading credit card company with more than 18.6 million customers, over 40 percent of the total Korean population.
“With MicroStrategy, LG Card is making smarter business decisions aimed at increasing profitability,” said Yeong-Sook Kim, Information Analysis Manager at LG Card. “MicroStrategy technology helps to boost the efficiency and effectiveness of our sales force by providing insight into our sales processes and customer data. As a result, LG Card employees are able to leverage qualified customer data, enabling us to obtain higher sales growth and manage credit risk more effectively.”
Currently, a wide range of employees across the LG Card enterprise – from sales and credit and financial management to marketing and CRM managers – are able to drill into the data and create sophisticated reports with ease, giving them the ability to uncover critical information. For example, end users are able to analyze credit risk for delinquent customers, track credit card usage to up-sell to existing customers and analyze significant amounts of customer-interaction information. With MicroStrategy software, LG Card is also enhancing operational efficiency by letting end users create and run reports they need without IT involvement.
“LG Card is pleased with its MicroStrategy implementation,” added Kim. “We are able to take full advantage of the platform’s scalability, superior analytics and ease of use to leverage our financial data into valuable, revenue-generating opportunities.”
About LG Card
LG Card, established in 1988, is Korea’s leading credit card company, holding a strong market position. LG Card offers installment financing, consumer loans, and leasing as well as credit card services to more than 18.6 million customers, over 40 percent of the Korean total population. LG Card has 2.75 million associated stores, 50 branches nationwide and 6.5 trillion won in revenue.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user- friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,900 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Hewlett-Packard, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, MicroStrategy 7i are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com
Source: MicroStrategy
Catalina Marketing Teams with MicroStrategy & IBM to Deliver Business Intelligence Solutions to Retailers
MicroStrategy® Incorporated (Nasdaq: MSTR – News), a leading worldwide provider of business intelligence software, today announced that Catalina Marketing Corporation is teaming with MicroStrategy and IBM Corporation to deliver advanced, interactive retail business intelligence.
MCLEAN, Va., (February 13, 2003) –
MicroStrategy® Incorporated (Nasdaq: MSTR – News), a leading worldwide provider of business intelligence software, today announced that Catalina Marketing Corporation is teaming with MicroStrategy and IBM Corporation to deliver advanced, interactive retail business intelligence. Catalina Marketing Corporation, the global leader in behavior-based marketing, provides consumers with targeted incentives, primarily at grocery and pharmacy outlets. Catalina Marketing manages one of the largest data warehouses in the world.
Through its Retail Direct product, Catalina Marketing manages customer loyalty information for more than 4,500 of the largest grocery locations across the United States and internationally. After an in-depth evaluation of many of the competing products in the industry, Catalina Marketing selected the MicroStrategy Business Intelligence Platform(TM) for its scalability, functionality, and easy-to-use Web interface.
Catalina Marketing Corporation’s Chief Technology Officer Eric Williams remarked, “We expect to make information available to our retail customers at their demand and provide that information more quickly using the MicroStrategy product.” He added: “MicroStrategy’s easy-to-use, zero footprint Web interface will help our customers get the most valuable insight from these new systems.”
Mark Ramsey, a leader of IBM Business Consulting Services’ Business Intelligence practice, said, “Catalina Marketing needed an industrial-strength business intelligence platform that could handle their large data volume, deliver insight to a large geographically distributed user population, and operate 24×7. IBM’s advanced server and database software, linked with MicroStrategy, is providing that solution.”
“We’re very proud to be partnering with IBM Global Services to help Catalina Marketing’s customers enhance their one-to-one relationships with consumers at-home, online and in-store,” said MicroStrategy’s Vice Chairman and Chief Operating Officer Sanju Bansal. “Through this exciting alliance, Catalina Marketing will further advance their targeted marketing programs that communicate with consumers in all aspects of their lives.”
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user- friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,900 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Hewlett-Packard, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, MicroStrategy 7i are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com
Source: MicroStrategy
MicroStrategy Signs Contract with Greeting Card Industry Leader
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Hallmark Cards, Inc. has selected the MicroStrategy Business Intelligence Platform(TM) as its enterprise standard for business reporting, analysis and information deliver
MCLEAN, Va., (February 12, 2003) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Hallmark Cards, Inc. has selected the MicroStrategy Business Intelligence Platform(TM) as its enterprise standard for business reporting, analysis and information delivery. Hallmark, founded in 1910, is the personal expression industry leader, publishing products in more than 30 languages and distributing them in more than 100 countries.
“We’re proud to count Hallmark as a long-time customer and to provide the platform for its enterprise-wide applications,” said MicroStrategy COO Sanju Bansal. “More and more leading companies like Hallmark are realizing the value of standardizing their reporting, analysis and information delivery requirements on the MicroStrategy platform.”
Hallmark finance, marketing, sales, procurement and logistics employees use MicroStrategy-based retail distribution and global procurement applications to analyze sales performance, retail display, and customer data to determine the most profitable mix of Hallmark’s more than 40,000 products.
Hallmark also plans to develop additional applications, including financial reporting and analysis, retail point-of-sale (POS), and retailer and sales productivity analysis. Applications are currently run against both Oracle and Teradata data warehouse environments.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user- friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,900 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Hewlett-Packard, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, MicroStrategy 7i are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com
Source: MicroStrategy
Premier’s Applications Development Director Wins MicroStrategy’s First Individual Excellence Award
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that it has selected the Director of Applications Development, Todd Wilkes, at Premier, Inc., a leading strategic alliance in U.S. healthcare, as winner of MicroStrategy’s fir
LAS VEGAS (February 05, 2003) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that it has selected the Director of Applications Development, Todd Wilkes, at Premier, Inc., a leading strategic alliance in U.S. healthcare, as winner of MicroStrategy’s first Individual Excellence in Business Intelligence award. Mr. Wilkes was recognized today at MicroStrategy World 2003 in Las Vegas, Nevada.
Premier uses the MicroStrategy platform to offer its member hospitals comparative healthcare information services to drive performance improvements. The MicroStrategy platform currently anchors Premier’s five primary business intelligence applications that help more than 600 health system clients make informed decisions on clinical quality and patient safety, business and market strategy, clinical resources utilization, operational performance and productivity. The use of MicroStrategy technology helps Premier’s clients identify ways to improve clinical care processes and the quality of outcomes.
“I am very honored to receive MicroStrategy’s Best Practices In Business Intelligence Individual Excellence award,” said Mr. Wilkes. “This award is a reflection of the hard-working, dedicated and talented group of business intelligence professionals that work with me everyday to maximize the benefits of the MicroStrategy platform, the most comprehensive business intelligence platform in the market. I accept this individual excellence award on behalf of my great team, and thank MicroStrategy for this honor.”
“Behind a company’s successful deployment of our software is a person who takes charge and leads the way with innovation, vision and insight,” said Sanju K. Bansal, chief operating officer at MicroStrategy Incorporated. “MicroStrategy honors Mr. Wilkes for embodying these same attributes as he has established a model for exceptional business intelligence deployment at Premier. Premier is leading its industry with an award-winning platform that is helping make it a smarter, more proactive company.”
Premier represents more than 1,500 not-for-profit healthcare organizations, including multi-hospital systems, urban acute facilities and rural community hospitals. All of Premier’s Healthcare Informatics subscribers benefit from the MicroStrategy Business Intelligence Platform(TM), allowing them to run clinical benchmarking programs and make more informed healthcare and resource decisions.
About Premier, Inc.
Premier, Inc., is a strategic alliance in U.S. healthcare, entirely owned by more than 200 of the nation’s leading hospital and healthcare systems. These systems operate or are affiliated with more than 1,500 hospital facilities and hundreds of other healthcare sites. Premier provides an array of resources supporting health services delivery including group purchasing for more than $17 billion annually in supplies and equipment. Other resources offered by Premier are supply chain and clinical performance improvement services and insurance programs. Headquartered in San Diego, CA, Premier has other major facilities in Chicago, IL; Charlotte, NC; and Washington, DC.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user- friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,900 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Hewlett-Packard, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; 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 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.
Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com
Source: MicroStrategy