CAMPBELL, Calif. & TYSONS CORNER, Va. (September 27, 2011) – ParAccel, Inc., provider of the world’s leading analytic platform, together with MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that they have extended their strategic partnership. The alliance builds upon a recent announcement that ParAccel’s analytic acceleration technology will be a core component of MicroStrategy’s social media analytics applications as well as a high performance option for MicroStrategy Cloud customers. To support these applications, ParAccel has invested dedicated resources, provided comprehensive access to its software, and committed to delivering specific product enhancements that will optimize the integration of ParAccel’s analytic engine with MicroStrategy’s products and offerings.
“ParAccel’s analytic engines are ideally suited to power MicroStrategy social, mobile, and business intelligence applications,” said Michael J. Saylor, chairman and CEO of MicroStrategy. “Working with ParAccel, MicroStrategy is committed to delivering critical new services like MicroStrategy Cloud and Gateway for Facebook that empower companies to tap into enterprise and social networking data to improve insight and business decision making.”
ParAccel, the leading analytics platform, is designed specifically for accelerating complex analytics on extremely large and diverse sets of data. MicroStrategy has installed ParAccel in its High Performance and Scalability Lab to perform testing and to better support joint customers.
“ParAccel and MicroStrategy provide innovative solutions where big data and analytics are a significant source of enduring competitive advantage,” commented Chuck Berger, CEO at ParAccel. “We’re excited about this strategic partnership with MicroStrategy and the opportunity to accelerate analytics with enterprise customers. Our joint work on MicroStrategy Cloud and Gateway for Facebook is the first of what we anticipate will be many key initiatives that will deliver strategic solutions for the customers of both companies.”
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy software enables leading organizations worldwide to analyze the vast amounts of data stored across their enterprises to make better business decisions. The MicroStrategy platform delivers actionable information to business users via the web and mobile devices, including the iPad, iPhone, and BlackBerry. Companies choose MicroStrategy for its ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy offers free reporting software that can be downloaded from its website. To learn more about MicroStrategy (NASDAQ:MSTR), visit www.microstrategy.com and follow us on Facebook (http://www.facebook.com/microstrategy) and Twitter (http://www.twitter.com/microstrategy).
MicroStrategy, MicroStrategy Business Intelligence Platform, and MicroStrategy Cloud 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.
About ParAccel
In today’s analytics-driven environment, gaining fast and accurate business insights from massive volumes of data provides significant strategic advantage. As the leader in the high performance Analytics Platform market, ParAccel enables organizations to address their most dynamic and complex analytic challenges and rapidly gain ultra-fast, deep insights from very large data sets. ParAccel’s Fortune 1000 and government agency customers use ParAccel to address their critical data issues outside the scope of conventional data warehouses and existing analytic tools. ParAccel is committed to delivering the best in class analytic platform purpose-built to support analytics at any scale and in any on premise or cloud based deployment model.
For more information please contact us at info@paraccel.com or 866-903-0335, or visit us at http://www.paraccel.com.
Source: MicroStrategy