Latest Business Intelligence News
Kronos
With Workforce Mobile Scheduler, managers can easily broadcast a text message to the mobile devices of employees who are qualified to fill an open shift
USA (November 09, 2009) –
* With Workforce Mobile Scheduler, managers can easily broadcast a text message to the mobile devices of employees who are qualified to fill an open shift. Once an employee accepts the shift, it is automatically assigned, and a second message notifies employees that the shift has been filled. Meanwhile, the work schedule is automatically updated in the Kronos scheduling application.
* Until now, the process of filling open shifts was time-consuming and frustrating, requiring managers to call staff via phone in an attempt to resolve staffing shortfalls. Workforce Mobile Scheduler saves managers time by enabling them to communicate easily and quickly by leveraging the immediacy and responsiveness of mobile communications.
* Workforce Mobile Scheduler gives managers flexibility in how they interact with employees and their workforce management system. It is easy to use and designed around how people communicate in today’s fast-paced world.
* Workforce Mobile Scheduler is slated for availability in January.
Supporting Quotes
* Peter George, chief technology officer, Kronos “With Workforce Mobile Scheduler, managers can communicate with employees in an efficient, easy way. Gone are the days of spending hours calling down a sheet of phone numbers trying to catch someone live to fill a shift, and then having to go back and re-call that list to let everyone know the shift has been filled. Now the same task can be accomplished in a fraction of the time, freeing managers from administrative burden and enabling them to focus on their primary job.”
Supporting Resources
* This announcement was made from KronosWorks(TM), the industry’s largest venue for exchanging ideas on how to effectively manage the workforce. KronosWorks is taking place this week in Las Vegas.
About Kronos Incorporated
Kronos is the global leader in workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity. Tens of thousands of organizations in 60 countries — including more than half of the Fortune 1000® — use Kronos time and attendance, scheduling, absence management, HR and payroll, hiring, and labor analytics applications. To learn how Kronos uniquely delivers complete automation and high-quality information in an easy-to-use solution, visit www.kronos.com.
©2009 Kronos Incorporated. Workforce Mobile Scheduler is a trademark and Kronos is a registered trademark of Kronos Incorporated or a related company. All other trademarks are property of their respective owners.
Source: Kronos
iDashboards Announces Spanish Version of its Software
iDashboards Spanish Release is now available for its Spanish speaking customers and prospects
TROY, MI (November 06, 2009) –
iDashboards , the leader in Business Intelligence dashboard software, today announced Spanish Language capabilities for its industry leading iDashboards Software.
“This is very exciting for our company and our Spanish speaking customers. We have many customers and prospects from Mexico, Central America, South America, Spain and the Caribbean. This capability will no doubt help them to drive more value from iDashboards, and we are hopeful that it will make iDashboards the de-facto standard for Dashboard Software in these regions,” said David Ferguson, Director of Channels and International Sales.
On the heels of iDashboards’ latest product release 6.5 which includes many new features including input parameters, analytics, new charts and much more, the new language capabilities should help iDashboards continue to expand its presence globally.
“Spanish is the first translation we have completed due to the amount of customers we have and interest we receive from Spanish speaking regions. We are working on additional language packs including Arabic, Hebrew, French and Dutch,” says David Ferguson.
The language can be chosen by the user or set up in the admin console and can be changed by the administrator. This will be helpful for customers with a multinational presence with many languages.
The Spanish Language Pack can be trialed through iDashboards free 30 day evaluation software. For more information or to request iDashboards free evaluation software, visit www.idashboards.com.
About iDashboards
Through its award-winning engineering and patented software, iDashboards helps companies leverage information assets through visually rich, real-time and personalized business intelligence dashboards to analyze, track and drill-down through a wealth of information. iDashboards’ global customer base consists of organizations ranging from large, fortune 500 companies to small and medium-sized businesses, all of which are making quicker, well-informed business decisions with the help of iDashboards. The company is privately held and headquartered in Troy, Michigan. To find out more about iDashboards’ solutions, please call (248) 952-0840 or visit www.idashboards.com.
PR Contact
Amanda Fry, iDashboards
248-952-0840 x268
Source: iDashboards
Syst
Leading French Retailer Uses MicroStrategy 9 for Reporting and Analysis
McLean, VA., (November 05, 2009) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that Système U has selected MicroStrategy 9 as its enterprise business intelligence platform to support its Information Decision Support System Group.
Système U decided to consolidate its BI applications within a central Decision Support Information System Group to develop an integrated architecture. The procurement, inventory, and sales departments will be the first departments to use MicroStrategy 9. Système U expects more than 1,500 employees in the group purchasing organizations (GPOs) and 1,000 stores will benefit from the MicroStrategy platform.
The new BI system will allow Système U to:
* Measure the progress of the company’s strategic objectives with information dashboards
* Manage operational activities with operations dashboards
* Develop a consistent foundation to meet the BI requirements of the GPOs
* Pool BI technical resources by providing centralized, hosted IT assistance
To select a BI platform to meet its requirements, Système U conducted an extensive three-month survey of various BI tools. The company searched for a BI platform that offered a portal with access to group information, public and personalized reports, monitoring applications, and external links; an interface to effectively present and visualize data; and the ability to conduct multi-dimensional analyses of the company’s enterprise data.
“We took a classic tender approach where each BI vendor was given a chance to demonstrate its products,” said Fabrice Blondeel, responsible for the decision support applications at Système U Centrale Nationale. “The working sessions conducted by the project team helped narrow our choices. A key requirement was to demonstrate, through a proof-of-concept (POC), what our end users could expect from the different products and the technical capabilities for our technical team to review. Although already known to Système U, MicroStrategy proved the value of its products, including the capabilities available in MicroStrategy 9.”
“We already use MicroStrategy products across four of our regional GPOs, with a decentralized architecture partially consolidated across the country,” said Antoine De Vaux, Director of the IT Services at Système U Centrale Nationale. “The goal of reorganizing our BI enterprise and sales applications in a centralized architecture led us to question our current products and seek a BI partner with which to move forward. MicroStrategy demonstrated the technical value of its offering and addressed our scalability and data source issues. We also redefined our relationship with MicroStrategy to help establish an effective and sustainable partnership.”
“We are delighted that Système U selected MicroStrategy for a strategically important enterprise BI project,” said Sanju Bansal, MicroStrategy COO. “Despite the competitive evaluation process, Système U decided to consolidate its decision support systems on MicroStrategy.”
About Système U
Système U is a french cooperative of independent retailers with more than 900 U stores (Hyper U, Super U, Marché U, and U Express) and a staff of approximately 60,000 people.
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 9 are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy
Organizations From Around the World to Meet at KronosWorks(TM) in Las Vegas
Workforce management innovators, practitioners, and thought leaders will come together Nov. 8-11 to share ideas and best practices at KronosWorksâ?¢, the industry’s largest venue for exchanging ideas in how to effectively manage the workforce.
CHELMSFORD, Mass. (November 02, 2009) –
Workforce management innovators, practitioners, and thought leaders will come together Nov. 8-11 to share ideas and best practices at KronosWorks(TM), the industry’s largest venue for exchanging ideas in how to effectively manage the workforce.
News Facts
* At this year’s conference, sponsored by Kronos® Incorporated and held in Las Vegas, attendees will see breakthrough innovations in workforce management software and will have the opportunity to network with peers, participate in training, and attend more than 100 educational sessions and workshops.
* Aron Ain, Kronos chief executive officer; Peter George, Kronos chief technology officer; and Chris Todd, Kronos vice president of services, will kick off the event by providing valuable insights into the Kronos product and services roadmap.
* Keynote speaker Ken Dychtwald, Ph.D., bestselling author of With Purpose, The Power Years, and Workforce Crisis, will discuss the new rules for managing the special contributions and limits of the new multigenerational workforce in today’s unique environment, in a presentation titled “Four Generations Rethink Work, Money, Retirement, and Success”.
* Keynote speaker and host Mark Jeffries, bestselling author of What’s up with your hand-shake? will share ideas and techniques for developing powerful skills that positively enhance people’s perceptions, in a presentation titled “Smart Communication: Ways to Network, Negotiate, and Connect”.
* Sponsors and exhibitors include organizations such as ACS, the American Payroll Association, The Hackett Group, Microsoft, MM Hayes, Prime Care Technologies, and Workforce Insight.
Supporting Quotes
* Aron Ain, chief executive officer, Kronos
“Over the years, KronosWorks has become the must-attend event for organizations looking to get the most out of their Kronos solution. This year is particularly exciting because we’re unveiling our vision for the next generation of workforce management.”
About Kronos Incorporated
Kronos is the global leader in workforce management solutions that enable organizations to control labor costs, minimize compliance risk, and improve workforce productivity. Tens of thousands of organizations in 60 countries — including more than half of the Fortune 1000® — use Kronos time and attendance, scheduling, absence management, HR and payroll, hiring, and labor analytics applications. To learn how Kronos uniquely delivers complete automation and high-quality information in an easy-to-use solution, visit www.kronos.com.
© 2009 Kronos Incorporated. Kronos is a registered trademark and KronosWorks is a trademark of Kronos Incorporated or a related company. All other trademarks are property of their respective owners.
Source: Kronos
MicroStrategy Announces Third Quarter 2009 Financial Results
39% Increase in License Revenue Year-Over-Year Diluted Earnings Per Share of $1.73
MCLEAN, Va., (October 29, 2009) –
MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced financial results for the three-month period ended September 30, 2009 (the third quarter of its 2009 fiscal year).
Third quarter 2009 revenues were $104.0 million versus $90.6 million for the third quarter of 2008, a 15% increase. Product licenses revenues for the third quarter of 2009 were $34.4 million versus $24.8 million for the third quarter of 2008, a 39% increase. Product support and other services revenues for MicroStrategy’s core business intelligence (BI) business in the third quarter of 2009 were $65.7 million versus $63.2 million for the third quarter of 2008, a 4% increase.
Operating expenses for the third quarter of 2009 were $57.1 million versus $56.6 million for the third quarter of 2008, a 1% increase. During the third quarter of 2008, MicroStrategy capitalized $5.2 million in research and development costs associated with the development of its MicroStrategy 9(TM) software, while no software development costs have been capitalized since the general release of MicroStrategy 9 in March 2009.
Income from continuing operations before financing and other income and income taxes for the third quarter of 2009 was $30.4 million, or 29% of revenue, versus $17.3 million, or 19% of revenue, for the third quarter of 2008, a 75% increase. Net income for the third quarter of 2009 was $21.4 million, or $1.73 per share on a diluted basis, compared to $11.1 million, or $0.90 per share on a diluted basis, for the third quarter of 2008, a 92% increase.
As of September 30, 2009, MicroStrategy had cash and cash equivalents of approximately $200.7 million versus $122.9 million as of December 31, 2008, an increase of $77.8 million. As of September 30, 2009, MicroStrategy had 9,144,581 shares of class A common stock and 2,770,244 shares of class B common stock outstanding.
New Customers and New Deals with Existing Customers in Q3 2009 Included:
Aeropostale; Air National Guard; Amica Mutual Insurance; Bell Canada; The Bon-Ton Stores; Burlington Coat Factory; Centers for Medicare and Medicaid Services; Charming Shoppes; Chevron Products Company; DineEquity; Discovery Communications; Electronic Arts; The First American Corporation; Foresters; Franklin Templeton Companies; Fraser Health Authority; Freddie Mac; Grange Insurance; GUESS?; Harris Teeter; JC Penney; Kohl’s Department Stores; Limited Brands; McAfee; Merkle; Michaels Stores; National Institutes of Health (NIH); Netflix; NTT America; Nu Skin Enterprises; Payless ShoeSource; PHI Service Company; PPL Services Corporation; Ross Stores; SDI; Tesco Group; Transportation Security Administration; Universal Music Group; Urban Outfitters; US Department of State; Warner Bros. Entertainment; The William Carter Company; Yum! Brands
Examples of Customer Deals from Q3 2009:
Grange Insurance
Grange Insurance, with $2 billion in assets and $1.3 billion in annual revenue, is an insurance provider based in Columbus, Ohio, and has been a MicroStrategy customer since 2001. MicroStrategy supports 15 BI applications at Grange for various operational functions, including agency analysis and risk pool business analysis. Grange will be expanding its use of MicroStrategy to leverage Distribution Services, a new product introduced in the MicroStrategy 9 BI platform, to provide high-volume, high-performance, automated report distribution. With the new capabilities, Grange expects to notify adjusters with critical information in order to reduce claim cycle time and better monitor their business.
NTT America, Inc.
NTT America, Inc., the U.S. subsidiary of NTT Communications Corporation, recently expanded its deployment of MicroStrategy to enhance its financial reporting and provide visibility throughout the enterprise. NTT America executives and managers use MicroStrategy information dashboards for at-a-glance insights into financial reports to help the company improve budget allocations, utilize resources more efficiently, and address other critical financial metrics to improve their business.
Tesco Group
UK-based retailer Tesco Group, with over 465,000 employees and 4,226 stores operating in 14 markets across Europe, Asia, and North America, has invested in the MicroStrategy Business Intelligence Platform(TM) to deliver enterprise-wide BI across their operations. Tesco plans to use MicroStrategy to deliver head office analytics and self-service BI, including in-store dashboards across its enterprise. Following a rigorous selection process, Tesco chose MicroStrategy for its lower total cost of ownership and reduced carbon foot-print compared to previous solutions, as MicroStrategy demonstrated that it was able to run on fewer servers and make more efficient use of Tesco’s existing data warehouse platform.
Gartner Publishes MicroStrategy SWOT Report:
Gartner, Inc. recently published the report, “SWOT: MicroStrategy, Business Intelligence Platforms, Worldwide.”( )According to Gartner, MicroStrategy is one of the leading business intelligence (BI) platform vendors. This document offers a strength, weakness, opportunity, and threat (SWOT) framework for assessing the MicroStrategy 9 BI Platform and related offerings. A copy of the Gartner report is available, compliments of MicroStrategy, at http://www.microstrategy.com/gartnerswot.
MicroStrategy 9 Certified on VMware Virtualization Platform:
MicroStrategy announced that customers can now deploy MicroStrategy 9 BI applications on VMware-based virtual machines, enabling BI applications to achieve the hardware efficiencies, streamlined operations, and low cost of operation available through virtualization. Virtual machine technology allows companies to increase processing capacity from their servers by pooling that capacity across multiple applications and operating systems. Large BI applications that have varying usage throughout the day will benefit from a virtual environment where processing power can be fully utilized during peak times and directed to other applications when BI demand is low.
By running MicroStrategy in a virtual environment, companies will be able to use less server hardware and require fewer IT personnel to manage and maintain their BI systems, leading to overall lower capital costs and reduced operating expenses. To try MicroStrategy 9 Evaluation software on VMware, visit http://www.microstrategy.com/freeevalcd.asp.
MicroStrategy Augments OEM Program with New Product Capabilities for SaaS Companies:
MicroStrategy has enhanced its OEM program with new product capabilities for Software-as-a-Service (SaaS) companies. MicroStrategy 9 offers new capabilities specifically for SaaS companies, including enhanced end user design features, in-memory BI enabling higher data scalability to support larger multi-tenant systems, improved security integration with third-party tools, a plug-in architecture for simpler customization, and the ability for different companies to use their own reporting terminology, even across multiple languages within the same multi-tenant application.
MicroStrategy’s business intelligence platform provides integrated reporting and analytics, allowing software companies and technology providers to easily add reporting, dashboarding, and analytical and alerting applications to their existing product offerings with minimal development costs and resources. MicroStrategy’s portfolio of OEM partners has continued to expand, and companies choosing MicroStrategy for SaaS BI deployments have represented the largest area of growth within the Company’s OEM program.
MicroStrategy Events:
On October 28, 2009, MicroStrategy hosted a live Webcast, “Top 5 Strategies for Business Intelligence Success in Today’s Economic Environment.” The Webcast featured best practices for rapid BI reporting for small to mid-sized businesses, along with a live demo of MicroStrategy Reporting Suite(TM) and insights from leading industry analyst Cindi Howson. Launched earlier this year, MicroStrategy Reporting Suite enables companies to use MicroStrategy’s integrated BI platform to develop and deploy premium, Web-based reporting applications, at no cost. MicroStrategy Reporting Suite has eliminated cost and time impediments for departments and workgroups to initiate new reporting applications. More information is available at http://www.microstrategy.com/freereportingsoftware.
MicroStrategy held numerous Business Intelligence Symposia during the third quarter, and has several more planned in the fourth quarter at various locations including the following: Lisbon, Sydney, Paris, Melbourne, Milan, and Johannesburg.
The Company’s 13th annual user conference, MicroStrategy World 2010, will be held January 25-28, 2010 at the Wynn Las Vegas in Las Vegas, Nevada. The event will feature more than 100 educational sessions, dozens of customer speakers from industry-leading organizations, and an exhibit hall showcasing MicroStrategy partners. MicroStrategy World 2010 will also include an update on the Company’s latest technology advances, insightful keynote presentations, and networking opportunities.
About MicroStrategy Incorporated
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy 9, MicroStrategy Reporting Suite, MicroStrategy Business Intelligence Platform and MicroStrategy Distribution Services are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
This press release may include statements that may constitute “forward-looking statements,” including estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the 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, including significant downturns in industries, including the financial services and retail industries, in which we have a significant number of customers; currency fluctuations; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Contact:
MicroStrategy Incorporated
Investor Relations
ir@microstrategy.com
(703) 848-8600
MSTR-F
MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
Three Months Ended Nine Months Ended
September 30, September 30,
2009 2008 2009 2008
—- —- —- —-
(unaudited) (unaudited) (unaudited) (unaudited)
Revenues
Product licenses $34,443 $24,787 $71,897 $67,966
Product support and
other services 69,574 65,841 200,120 197,422
—— —— ——- ——-
Total revenues 104,017 90,628 272,017 265,388
——- —— ——- ——-
Cost of Revenues
Product licenses 1,947 422 4,523 1,442
Product support and
other services 14,592 16,304 42,614 45,898
—— —— —— ——
Total cost of
revenues 16,539 16,726 47,137 47,340
—— —— —— ——
Gross profit 87,478 73,902 224,880 218,048
—— —— ——- ——-
Operating Expenses
Sales and marketing 31,489 35,888 93,376 100,060
Research and
development 11,400 5,922 30,407 24,449
General and
administrative 14,204 14,744 41,348 47,055
—— —— —— ——
Total operating
expenses 57,093 56,554 165,131 171,564
—— —— ——- ——-
Income from continuing
operations before
financing and other
income and income
taxes 30,385 17,348 59,749 46,484
—— —— —— ——
Financing and Other
(Expense) Income
Interest income, net 121 623 516 2,081
Other (expense)
income, net (422) 694 (1,626) (269)
—- — —— —-
Total financing and
other (expense)
income (301) 1,317 (1,110) 1,812
—- —– —— —–
Income from continuing
operations before
income taxes 30,084 18,665 58,639 48,296
Provision for income
taxes 8,730 7,593 18,673 20,365
—– —– —— ——
Income from
continuing operations 21,354 11,072 39,966 27,931
Discontinued operations:
Gain from sale of
discontinued
operations, net of
tax provision
($11,190 and $0,
respectively) – – 14,437 –
Income (loss) from
discontinued
operations, net of
tax provision
(benefit) ($0 and $53,
for the three months
ended, respectively,
and ($54) and $176 for
the nine months ended,
respectively) – 52 (107) (383)
— — —- —-
Discontinued operations,
net of tax – 52 14,330 (383)
— — —— —-
——- ——- ——- ——-
Net Income $21,354 $11,124 $54,296 $27,548
——- ——- ——- ——-
Basic earnings (loss)
per share (1):
From continuing
operations $1.79 $0.93 $3.36 $2.35
From discontinued
operations $- $0.01 $1.20 $(0.03)
— —– —– ——
Basic earnings per
share $1.79 $0.94 $4.56 $2.32
—– —– —– —–
Weighted average shares
outstanding used in
computing basic earnings
per share 11,909 11,887 11,898 11,890
—— —— —— ——
Diluted earnings (loss)
per share (1):
From continuing
operations $1.73 $0.90 $3.26 $2.26
From discontinued
operations $- $- $1.17 $(0.03)
— — —– ——
Diluted earnings per
share $1.73 $0.90 $4.43 $2.23
—– —– —– —–
Weighted average shares
outstanding used in
computing diluted
earnings per share 12,311 12,306 12,262 12,332
—— —— —— ——
(1) Basic and fully diluted earnings per share for class A and class B
common stock are the same
MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
(unaudited)
Core BI Business Angel.com Consolidated
—————- ——— ————
Three Months Three Months Three Months
Ended Ended Ended
September 30, September 30, September 30,
————- ————- ————-
2009 2008 2009 2008 2009 2008
—- —- —- —- —- —-
Revenues
Product licenses $34,443 $24,787 $- $- $34,443 $24,787
Product support and
other services 65,721 63,153 – – 65,721 63,153
Angel.com services – – 3,853 2,688 3,853 2,688
— — —– —– —– —–
Total revenues 100,164 87,940 3,853 2,688 104,017 90,628
——- —— —– —– ——- ——
Cost of Revenues
Product licenses 1,947 422 – – 1,947 422
Product support and
other services 13,048 15,908 – – 13,048 15,908
Angel.com services – – 1,544 396 1,544 396
— — —– — —– —
Total cost of
revenues 14,995 16,330 1,544 396 16,539 16,726
—— —— —– — —— ——
Gross profit 85,169 71,610 2,309 2,292 87,478 73,902
—— —— —– —– —— ——
Operating Expenses
Sales and marketing 30,364 33,767 1,125 2,121 31,489 35,888
Research and
development 10,443 5,234 957 688 11,400 5,922
General and
administrative 13,817 14,679 387 65(a) 14,204 14,744
—— —— — — —— ——
Total operating
expenses 54,624 53,680 2,469 2,874 57,093 56,554
—— —— —– —– —— ——
Income (loss) from
continuing operations
before financing and
other income and
income taxes 30,545 17,930 (160) (582) 30,385 17,348
—— —— —- —- —— ——
Financing and Other
(Expense) Income
Interest income, net 121 623 – – 121 623
Other (expense)
income, net (422) 694 – – (422) 694
—- — — — —- —
Total financing and
other (expense)
income (301) 1,317 – – (301) 1,317
—- —– — — —- —–
Income (loss) from
continuing
operations before
income taxes $30,244 $19,247 $(160) $(582) $30,084 $18,665
Provision for
income taxes 8,730 7,593
—– —–
Income from
continuing
operations 21,354 11,072
Discontinued
operations:
Income from
discontinued
operations,
net of tax – 52
— —
Discontinued
operations,
net of tax – 52
——- ——-
Net income $21,354 $11,124
======= =======
Basic earnings
per share:
From
continuing
operations $1.79 $0.93
From
discontinued
operations $- $0.01
— —–
Basic
earnings
per share $1.79 $0.94
—– —–
Diluted earnings
per share:
From
continuing
operations $1.73 $0.90
From
discontinued
operations $- $-
— —
Diluted
earnings
per share $1.73 $0.90
—– —–
Basic weighted
average shares
outstanding 11,909 11,887
====== ======
Diluted weighted
average shares
outstanding 12,311 12,306
====== ======
(a) An insignificant amount of general and administrative services was
provided to the Angel.com business unit by MicroStrategy’s core
business operations during the three months ended September 30, 2008.
MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
(unaudited)
Core BI Business Angel.com Consolidated
—————- ——— ————
Nine Months Nine Months Nine Months
Ended Ended Ended
September 30, September 30, September 30,
————- ————- ————-
2009 2008 2009 2008 2009 2008
—- —- —- —- —- —-
Revenues
Product licenses $71,897 $67,966 $- $- $71,897 $67,966
Product support and
other services 190,451 189,629 – – 190,451 189,629
Angel.com services – – 9,669 7,793 9,669 7,793
— — —– —– —– —–
Total revenues 262,348 257,595 9,669 7,793 272,017 265,388
——- ——- —– —– ——- ——-
Cost of Revenues
Product licenses 4,523 1,442 – – 4,523 1,442
Product support and
services revenues 38,780 44,602 – – 38,780 44,602
Angel.com services – – 3,834 1,296 3,834 1,296
— — —– —– —– —–
Total cost of
revenues 43,303 46,044 3,834 1,296 47,137 47,340
—— —— —– —– —— ——
Gross profit 219,045 211,551 5,835 6,497 224,880 218,048
——- ——- —– —– ——- ——-
Operating Expenses
Sales and marketing 90,012 93,962 3,364 6,098 93,376 100,060
Research and
development 27,582 22,229 2,825 2,220 30,407 24,449
General and
administrative 40,077 46,840 1,271 215(a) 41,348 47,055
—— —— —– — —— ——
Total operating
expenses 157,671 163,031 7,460 8,533 165,131 171,564
——- ——- —– —– ——- ——-
Income (loss) from
continuing operations
before financing
and other income
and income taxes 61,374 48,520 (1,625) (2,036) 59,749 46,484
—— —— —— —— —— ——
Financing and Other
(Expense) Income
Interest income, net 516 2,081 – – 516 2,081
Other expense, net (1,626) (269) – – (1,626) (269)
—— —- — — —— —-
Total financing and
other (expense)
income (1,110) 1,812 – – (1,110) 1,812
—— —– — — —— —–
Income (loss) from
continuing
operations before
income taxes $60,264 $50,332 $(1,625) $(2,036) $58,639 $48,296
Provision for
income taxes 18,673 20,365
—— ——
Income from
continuing
operations 39,966 27,931
Discontinued
operations:
Gain from sale
of discontinued
operations,
net of tax 14,437 –
Loss from
discontinued
operations,
net of tax (107) (383)
—- —-
Discontinued
operations,
net of tax 14,330 (383)
——- ——-
Net income $54,296 $27,548
======= =======
Basic earnings
(loss) per share:
From
continuing
operations $3.36 $2.35
From
discontinued
operations $1.20 $(0.03)
—– ——
Basic
earnings
per share $4.56 $2.32
—– —–
Diluted earnings
(loss) per share:
From
continuing
operations $3.26 $2.26
From
discontinued
operations $1.17 $(0.03)
—– ——
Diluted
earnings
per share $4.43 $2.23
—– —–
Basic weighted
average shares
outstanding 11,898 11,890
====== ======
Diluted weighted
average shares
outstanding 12,262 12,332
====== ======
(a) An insignificant amount of general and administrative services was
provided to the Angel.com business unit by MicroStrategy’s core
business operations during the nine months ended September 30, 2008.
MICROSTRATEGY INCORPORATED
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)
September 30, December 31,
2009 2008
—- —-
Assets (unaudited) (audited)
Current assets
Cash and cash equivalents $200,670 $122,915
Restricted cash and investments 321 619
Accounts receivable, net 56,010 49,670
Prepaid expenses and other current assets 10,145 9,518
Deferred tax assets, net 14,857 26,743
Assets held-for-sale – 4,964
— —–
Total current assets 282,003 214,429
Property and equipment, net 7,220 8,978
Capitalized software development cost, net 15,161 14,823
Deposits and other assets 36,414 36,804
Deferred tax assets, net 5,767 17,105
—– ——
Total Assets $346,565 $292,139
——– ——–
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable and accrued expenses $26,191 $27,697
Accrued compensation and employee benefits 39,607 42,634
Deferred revenue and advance payments 73,045 66,495
Deferred tax liabilities 556 –
Liabilities held-for-sale – 6,325
— —–
Total current liabilities 139,399 143,151
Deferred revenue and advance payments 3,848 1,679
Other long-term liabilities 10,869 9,268
—— —–
Total Liabilities 154,116 154,098
——- ——-
Stockholders’ Equity
Preferred stock undesignated, $0.001 par
value; 5,000 shares authorized; no shares
issued or outstanding – –
Class A common stock, $0.001 par value;
330,000 shares authorized; 14,192 shares
issued and 9,145 shares outstanding, and
14,167 shares issued and 9,120 shares
outstanding, respectively 14 14
Class B common stock, $0.001 par value;
165,000 shares authorized; 2,770 issued
and outstanding 3 3
Additional paid-in capital 451,705 450,953
Treasury stock, at cost; 5,047 shares (366,191) (366,191)
Accumulated other comprehensive income 831 1,471
Retained earnings 106,087 51,791
——- ——
Total Stockholders’ Equity 192,449 138,041
——- ——-
Total Liabilities and Stockholders’ Equity $346,565 $292,139
——– ——–
MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
(unaudited)
Nine Months Ended
September 30,
2009 2008
—- —-
Operating activities:
Net income $54,296 $27,548
Plus: (Income) loss from discontinued operations,
net (14,330) 383
——- —
Income from continuing operations 39,966 27,931
Adjustments to reconcile net income to net cash
provided by operating activities:
Depreciation and amortization 7,681 4,825
Bad debt expense 1,153 1,074
Deferred taxes 14,294 13,655
Stock-based compensation – 45
Excess tax benefits from stock-based payment
arrangements (200) (241)
Other, net (10) 49
Changes in operating assets and liabilities:
Accounts receivable (7,900) 3,617
Prepaid expenses and other current assets (445) 176
Deposits and other assets 254 (218)
Accounts payable and accrued expenses (1,948) 2,034
Accrued compensation and employee benefits (4,224) (1,740)
Deferred revenue and advance payments 7,085 6,071
Other long-term liabilities 1,572 568
—– —
Net cash provided by operating activities from
continuing operations 57,278 57,846
Net cash (used in) provided by operating
activities from discontinued operations (472) 1,399
—- —–
Net cash provided by operating activities 56,806 59,245
—— ——
Investing activities:
Purchases of property and equipment (1,860) (2,972)
Capitalized software development costs (4,218) (8,078)
Decrease in restricted cash and investments 504 1,062
— —–
Net cash used in investing activities from
continuing operations (5,574) (9,988)
Net cash provided by (used in) investing
activities from discontinued operations 24,546 (158)
—— —-
Net cash provided by (used in) investing
activities 18,972 (10,146)
—— ——-
Financing activities:
Distribution to Alarm.com minority shareholders (60) –
Proceeds from sale of class A common stock under
exercise of employee stock options 565 2,073
Excess tax benefits from stock-based payment
arrangements 200 241
Purchases of treasury stock – (8,387)
— ——
Net cash provided by (used in) financing
activities from continuing operations 705 (6,073)
Net cash provided by financing activities from
discontinued operations – –
— —
Net cash provided by (used in) financing
activities 705 (6,073)
Effect of foreign exchange rate changes on cash
and cash equivalents 1,272 (933)
—– —-
Net increase in cash and cash equivalents 77,755 42,093
Cash and cash equivalents, beginning of period 122,915 85,194
——- ——
Cash and cash equivalents, end of period $200,670 $127,287
======== ========
SOURCE MicroStrategy Incorporated
http://www.microstrategy.com
Copyright (C) 2009 PR Newswire. All rights reserved
Source: MicroStrategy
iQ4bis Software Partners with Tectura to Offer Business Intelligence to Tectura’s Customers
Tectura â?? iQ4bis Partnership Offers Quick Implementation, â??Self Serviceâ?? Business Intelligence
IRVINE, Calif (October 26, 2009) –
Mid-market companies now have access to iQ4bis’ powerful, fast-implemented self-service business intelligence and data warehousing solutions, with a new partnership between iQ4bis Software and Tectura Corporation.
“Given the macro-economic environment that many companies are operating in currently, these companies lack the budget and luxury for an extensive, lengthy, pricey BI implementation which have a historically high failure rate”
Following Microsoft’s discontinuation of PerformancePoint Server, Microsoft’s business intelligence software, earlier this year, many mid-market companies are looking for business intelligence solutions that are cost effective and easily implemented. Tectura has partnered with iQ4bis to offer its market-leading business intelligence (BI) software to their customers – many of them running Microsoft Dynamics.
“Mid-market companies have the same business intelligence needs of many Fortune 500 companies – software that can integrate data, often stored in disparate data sources, and give managers actionable intelligence. These companies need to track and manage key performance indicators (KPI’s), Scorecards and Dashboards such as sales, margins, vendors, accounts receivables and account payables,” said Frank Wilson, Product Manager for Technology Services at Tectura. “Following our thorough analysis of the available BI software solutions for this market, we decided to partner with iQ4bis.”
“Given the macro-economic environment that many companies are operating in currently, these companies lack the budget and luxury for an extensive, lengthy, pricey BI implementation which have a historically high failure rate,” said Steve Hamerslag, CEO of iQ4bis. “iQ4bis has taken the complexity and risk out of the creation of a data warehouse. With our mature product line, we have been able to offer a virtual ‘out-of-the-box’ solution that can show almost instantaneous results. Within hours, our clients can see their data turned into actionable information. More importantly, we’ve invested a considerable amount developing and honing the iQ4bis interface so that non-technical business line managers can easily and intuitively find the answers they need from an array of business data.”
“iQ4bis enables our clients to rapidly implement, continuously support and expand a data warehouse solution with a minimal amount effort and knowledge of the complexities of data warehouse and cube design,” Frank Wilson said.
About Tectura Corporation
Tectura is a worldwide provider of business consulting services delivering exceptional service and sustainable value through consulting, software and IT implementation. Tectura’s diverse clientele includes mid-sized companies and divisions of larger enterprises in the aerospace, life sciences, manufacturing and distribution, retail and services industries.
With more than 1,800 team members in 20+ countries, Tectura applies its industry knowledge and best practices philosophy to provide Microsoft Dynamics(TM) ERP, CRM and technology solutions throughout the Americas, EMEA, and Asia Pacific. A Microsoft Gold Certified Partner, Tectura maximizes their vast technology resources and deep Microsoft expertise to deliver increased efficiency, project acceleration and a competitive edge. Learn more at www.tectura.com.
About iQ4bis Software Incorporated
iQ4bis is an independent software provider with a well-earned international reputation for intuitive business analytics solutions for mid-sized companies. Recognized for its ease-of-use, flexibility and rapid implementation times, the iQ4bis solution is sold, implemented and supported through offices in the United States, New Zealand, Australia, and Europe. Recently, growing demand for efficient and effective data warehousing for the mid-market has encouraged iQ4bis to increase efforts in China and the Asia Pacific region. A Microsoft Gold Certified Partner, iQ4bis provides a data source and application neutral analysis, charting and reporting solution for business users including iQ4bis Analysis(TM) and iQ4bis DataServer(TM); solutions for a wide variety of ERP systems including Microsoft Dynamics AX, NAV, GP, SL and CRM as well as other world-leading ERP applications. For more information, visit www.iQ4bis.com.
Contacts
INK inc PR for iQ4bis Software Incorporated
Jeff Rutherford, 413-475-0087
jrutherford@inkincpr.com
Source: iQ4bis
Bunn-O-Matic Corporation Refreshes Its BI Capabilities With Information Builders WebFOCUS
BI Platform Replaces Several Systems to Deliver Relevant Data Throughout Organization
NEW YORK, NY (October 26, 2009) –
Bunn-O-Matic Corporation is keeping its staff better informed, thanks to a new business intelligence (BI) environment from Information Builders that delivers relevant data throughout its organization. Nearly 100 staff members are currently using WebFOCUS, the pervasive BI platform that is putting fact-based insights directly into the hands of people who need it, when they need it.
Bunn-O-Matic relies on an ERP system to run a Lean Manufacturing operation that involves the production, sale, and distribution of industrial and retail beverage equipment. WebFOCUS was chosen to replace several tools used for reporting purposes, including Cognos ReportNet. Bunn-O-Matic’s IT team was impressed by the scope, power, and flexibility of the WebFOCUS platform to enhance their management reporting. The use of parameter-driven reports allows users to be more self-sufficient.
Bunn-O-Matic purchased WebFOCUS and enlisted Information Builders Professional Services to train a few key developers. The team quickly replicated some essential reports and then set out to create new reporting capabilities by combining data stored in disparate DB2 and SQL Server databases. Since Bunn-O-Matic’s ERP data in DB2 was on an AS/400 iSeries computer and its service systems data was in Microsoft SQL Server on a Windows server, combining data into unified reports had been nearly impossible with the old reporting system. Thanks to WebFOCUS and the iWay DB2/400 adapter, it is now possible to join information from these dissimilar data storage systems.
One of the most decisive breakthroughs involved WebFOCUS Active Reports, which combines data and interactive capabilities in a single file. Accessible via a user’s desktop or mobile computer, this tool enables Bunn-O-Matic’s sales staff to run reports and perform their own sorting, filtering, configuring, and charting of data – without the help of the IT team.
Bunn-O-Matic uses WebFOCUS DataMigrator to pull data out of the ERP system and convert it into a useful reporting format every night. The sales team receives up-to-date sales statistics each morning. Embedded access restrictions keep them from viewing each other’s information. WebFOCUS enforces segregation of the data without limiting the visibility of critical information. Parameterized reports meet the unique needs of a variety of users, even though they are all running the same basic reports.
Bunn-O-Matic also uses WebFOCUS ReportCaster to e-mail reports to both customers and internal users. Reports are set to run on schedules, so recipients know when to expect them daily, weekly or monthly; some reports go out as frequently as two or three times a day.
“With WebFOCUS, Bunn-O-Matic has put enhanced reporting capabilities into the hands of the people who need it most without straining their IT department beyond its means,” said Gerald Cohen, president and CEO of Information Builders. “WebFOCUS lets each user find information through parameterized reports more quickly than ever before.”
About Bunn-O-Matic
Bunn-O-Matic Corporation designs and manufactures innovations in commercial beverage equipment and home coffee brewers. Headquartered in Springfield, Illinois, the organization has been helping customers create the perfect cup of coffee since 1957.
About Information Builders
Information Builders’ award-winning combination of business intelligence and enterprise integration software has been providing innovative solutions to more than 12,000 customers for the past 30 years. WebFOCUS is the world’s most widely utilized business intelligence platform. It provides the security, scalability, and flexibility needed at every level of global extended enterprises. Its simplicity helps create executive, analytical, and operational applications that reach dozens to millions of users. Information Builders’ iWay Software suite provides state of the art, multi-purpose, pre-built integration components that address all SOA, application, data and information management requirements. Its integration adapters have been adopted by the leading software platform providers. Information Builders also offers solutions in the performance management, business activity monitoring, and enterprise search markets. The company’s comprehensive enterprise product offerings give Information Builders’ customers the ability to grow and innovate according to their needs.
Information Builders’ customers include most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,450 people and has more than 350 business partners. .
Source: Information Builders
MicroStrategy and Teradata Collaborate to Deliver Customer Data Insights
Teradataâ??s Integrated Web Intelligence Incorporates MicroStrategyâ??s Dashboards to Provide Actionable Insights into Online and Offline Customer Data
McLean, VA., (October 19, 2009) –
MicroStrategy Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, and Teradata Corporation (NYSE: TDC), the world’s largest company solely focused on data warehousing and enterprise analytics, today announced that they are collaborating to provide companies with valuable insights into customer experience data.
Teradata Integrated Web Intelligence (IWI) enables companies to easily combine customer Web behavior data, including ad clicks, site visits, purchases, search, and response to e-mail campaigns into a Teradata solution and integrate it with customer data from other channels and sources across the enterprise, such as call centers, billing, and retail store fronts. MicroStrategy’s BI platform provides robust analysis and at-a-glance dashboards that enable companies to quickly view customer behavior trends and uncover actionable insights to help them better understand their customers.
Companies can use IWI data to improve the efficiency of their marketing investments, create multi-channel profiles of customers for more targeted communications and marketing campaigns, enhance the effectiveness of front-line employees with access to relevant customer information, and increase their return on investment through targeted sales, customer loyalty, and product engagement programs.
Teradata and MicroStrategy have collaborated on several IWI demonstrations, including Digital Advertising Analytics and Multi-channel Analytics, which will be featured at the Teradata PARTNERS User Group Conference & Expo, October 18-22, 2009 in Washington, DC.
“MicroStrategy’s ability to deliver self-service BI against Teradata enterprise data warehouses was a natural fit for this environment where data and user scalability and analytic performance are of paramount importance,” said David Grant, vice president of industry solutions, Teradata Corporation. “The growth of the Internet, mobile sales channels, and social networking makes recognizing customers across multiple touch points a challenge and by capturing this information and integrating it with existing customer profiles, the combined intelligence can be used in near-real time for relevant, timely customer communications.”
“MicroStrategy’s intuitive dashboards provide an excellent visualization and analysis tool for this exciting new IWI offering from Teradata,” said Sanju Bansal, COO of MicroStrategy. “Delivering enterprise scalability with high performance, MicroStrategy leverages the Teradata logical data model and data warehouse to enable companies to gain critical insights from large volumes of customer data to make more informed decisions on marketing programs and sales strategies.”
Teradata and MicroStrategy have a long-standing marketing and technology relationship, which includes MicroStrategy’s participation in Teradata’s beta program for more than 10 years. The two companies have over 200 joint customers spanning a wide range of industries, including retail, financial services, communications, manufacturing, transportation, and government.
For more information on Teradata IWI, visit http://www.teradata.com/t/products-and-services/integrated-web-intelligence/.
About Teradata
Teradata Corporation (NYSE: TDC) is the world’s largest company solely focused on raising intelligence through data warehousing, data warehouse appliances, consulting services and enterprise analytics. Teradata is in more than 60 countries and on the Web at www.teradata.com.
Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy
Ace Hardware Remodels Its Enterprise Reporting Capabilities With Information Builders’ Business Intelligence
National Retailer Builds on WebFOCUS As Its BI Standard
NEW YORK, NY (October 19, 2009) –
Information Builders, an independent leader in business intelligence (BI) solutions, today announced that Ace Hardware Corporation has standardized on the WebFOCUS BI platform for enterprise-wide reporting, analysis, and information delivery. Ace Hardware has 10,000 WebFOCUS users in merchandising, marketing, finance, advertising, international, paint, rental, retail operations, and supply chain accessing more than 300 WebFOCUS reports. Each department has its own dashboard where users can launch reports and analytic applications.
WebFOCUS helps Ace manage its internal operation while enabling retailers and wholesalers to boost revenue and streamline their supply chains. For example, retail managers use WebFOCUS to identify their best customers and target them with specific marketing campaigns. They can monitor the top-selling items at each retail location, ensuring those items are in stock and maximizing sales opportunities. Marketing personnel use WebFOCUS to gauge the effects of specific promotions on sales and to improve the Ace Rewards customer loyalty program.
In addition, 1,500 people throughout Ace depend on a WebFOCUS dashboard, which tracks daily sales at the retail and wholesale levels. This information helps the company gauge how various items are selling by region, division, and product category. About 1,800 vendors use WebFOCUS to track how individual products are selling by region and time of year. This visibility helps these vendors to forecast production needs, optimize product selection, and develop better sales plans.
“We have yet to hear anybody say ‘WebFOCUS can’t do that,'” said Tim Brynda, a software engineering analyst at Ace who is spearheading many of Ace’s current BI efforts. “WebFOCUS has served us well as an enterprise standard. We couldn’t be happier with the results.”
According to Brynda, WebFOCUS can easily join data from disparate sources into a single report, opening up new avenues of inquiry. This has motivated BI stakeholders to use WebFOCUS as part of an enterprise-wide business transformation project that centers around implementing SAP R/3 applications. For example, the merchandising team is analyzing wholesale information from the SAP sales and distribution module to identify quick-selling, high-margin products that retailers might want to carry. This information will also be valuable to vendors researching a product’s sales history, retail managers checking inventory levels, and many other internal and external users. Other SAP BW reporting initiatives are planned.
Ace plans to use WebFOCUS Active Reports to offer portable analytic options to its field staff. These dynamic PDF reports will enable remote workers to analyze data without having to be connected to Ace’s intranet. Ace also plans to use WebFOCUS InfoAssist to expand the number of power users in each department, easing the pressure on skilled programmers who currently handle most of the custom reporting services. InfoAssist helps non-technical people create queries, reports, charts, and dashboards. Finally, Ace plans to explore WebFOCUS Quick Data to allow business professionals create ad hoc reports within Microsoft Excel. An Excel add-in file, Quick Data connects directly to the WebFOCUS reporting engine to let these users build reports that are automatically refreshed from enterprise data sources and combine multiple reports into a single worksheet.
“At a time when leading retail organizations nationwide are coping with flat or declining sales, Ace is demonstrating how BI can have a positive impact on the bottom line,” said Gerry Cohen, president and CEO at Information Builders.
About Ace Hardware
Throughout its 85-year history, Ace Hardware has been known as the helpful hardware store by both customers and communities. In 2009, Ace ranked “Highest in Customer Satisfaction among Home Improvement Stores for the Third Consecutive Year,” according to J.D. Power and Associates. With 4,600 locally owned and operated hardware, home center and building materials stores that generate annual retail sales of approximately $12 billion, Ace is the largest hardware cooperative in the industry. Headquartered in Oak Brook, Ill., Ace currently operates 14 distribution centers in the U.S. and one in Shanghai, China, and its retailers’ stores are located in all 50 states and more than 60 countries. For more information on Ace, visit www.acehardware.com.
About Information Builders
Information Builders’ award-winning combination of business intelligence and enterprise integration software has been providing innovative solutions to more than 12,000 customers for the past 30 years. WebFOCUS is the world’s most widely utilized business intelligence platform. It provides the security, scalability and flexibility needed at every level of global extended enterprises. Its simplicity helps create executive, analytical, and operational applications that reach dozens to millions of users. Information Builders’ iWay Software suite provides state of the art, multi-purpose, pre-built integration components that address all SOA, application, data and information management requirements. Its integration adapters have been adopted by the leading software platform providers. Information Builders also offers solutions in the performance management, business activity monitoring, and enterprise search markets. The company’s comprehensive enterprise product offerings give Information Builders’ customers the ability to grow and innovate according to their needs.
Information Builders’ customers include most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,450 people and has more than 350 business partners.
Source: Information Builders
MicroStrategy Offers Half-day Business Intelligence Course for Business Users
Free Course Provides Hands-on Experience Creating Business Reports and Information Dashboards
McLean, Va., (October 16, 2009) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that it is offering a class designed for business users who want to become familiar with enterprise business intelligence reporting and analytics.
The half-day course is free and is taught on-site for attendees at their office or a local training facility. The curriculum covers the following:
* Understand how enterprise BI can help improve operational efficiency
* Design reports, scorecards, and dashboards with ease
* Interact with enterprise data through dashboards and visualizations
* Learn how sophisticated analytics can improve corporate strategy
* Explore the 5 Styles of BI
MicroStrategy has offered a one-day Introduction to Business Intelligence class since 2006 with thousands of participants attending classes held in cities around the world. This class for business users was developed to address the specific needs of business people who have limited or no experience using business intelligence software.
“Utilizing business intelligence to its fullest is critical for business professionals who rely on reporting and analytics for decision making,” said Mark Smith, CEO and EVP Research of Ventana Research. “MicroStrategy’s educational courses with hands-on instruction are valuable in providing organizations with direct insight into how to be both efficient and effective in their hourly, daily, and weekly business intelligence activities.”
“Our half-day BI course will help business users better understand the value of BI and how it can support their business goals,” said Sanju Bansal, MicroStrategy COO. “Through this class, attendees learn how to create their own reports and dashboards without support from IT, and how BI can be used to gain greater insights into their business to make more informed decisions.”
For more information on MicroStrategy’s BI class for business users, visit www.microstrategy.com/FreeBusinessUserClass.
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy