MicroStrategy Certifies on Teradata Warehouse 7.0
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, and Teradata, a division of NCR Corporation, today announced that MicroStrategy has certified on Teradata Warehouse 7.0, the latest release of data warehousing suite.
McLEAN, Va., (January 07, 2003) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, and Teradata, a division of NCR Corporation, today announced that MicroStrategy has certified on Teradata Warehouse 7.0, the latest release of data warehousing suite.
In recent testing performed on Teradata Warehouse 7.0, the MicroStrategy 7i(TM) business intelligence platform worked out-of-the-box, ensuring that customers can run MicroStrategy on Teradata Warehouse 7.0 without making any changes to their analytic applications.
“As we continually improve our database products to ensure fast performance against large data volumes, it is critical that an industry leader like MicroStrategy support our latest releases,” said Vickie Farrell, vice president of Teradata Warehouse marketing. “MicroStrategy’s proven analytical capabilities, scalability and performance enhancing techniques make its platform ideal for organizations running their business-critical applications on Teradata Warehouse 7.0.”
“MicroStrategy is pleased to support Teradata’s latest release and will support any MicroStrategy 7i business intelligence customers migrating to Teradata Warehouse 7.0,” said Mark LaRow, vice president of products at MicroStrategy Incorporated. “As with previous versions of Teradata database, MicroStrategy generates highly optimized SQL for Teradata Warehouse 7.0, ensuring that customers can run their business intelligence applications efficiently.”
As an active Teradata supporter, MicroStrategy has been a participant in Teradata’s beta tests for several years and has added SQL generation optimizations with each Teradata release. MicroStrategy also expects to utilize the new functionality introduced in Teradata Warehouse 7.0 in up-coming MicroStrategy 7i releases early in 2003.
About Teradata Division
Teradata, a division of NCR Corporation, is the global leader in enterprise data warehousing and enterprise analytic technologies and services. For more information, visit www.teradata.com.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR’s ATMs, retail systems, Teradata® data warehouses and IT services provide Relationship Technology(TM) solutions that maximize the value of customer interactions. Based in Dayton, Ohio, NCR (www.ncr.com) employs approximately 30,500 people worldwide.
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 1,800 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; the Company’s ability to effect the sale of non-core assets on reasonable terms; 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, including incorporating Teradata Warehouse 7.0 functionality in future MicroStrategy 7i releases; 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.
NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, MicroStrategy 7i are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com
Source: MicroStrategy