Magic Quadrant Based on Completeness of Vision and Ability to Execute
MCLEAN, Va., (January 10, 2005) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Gartner, Inc. has placed it in the visionary quadrant of both the Enterprise Business Intelligence Suites (EBIS) and BI Platform segments of Gartner Inc.’s 2004 “Magic Quadrants for Business Intelligence” report.(1)
“We are honored to be positioned so prominently in both the EBIS and BI Platforms Magic Quadrants,” said MicroStrategy’s COO Sanju Bansal, “We believe inclusion in both business intelligence quadrants highlights MicroStrategy’s exceptional ability to support a complete spectrum of business users and a wide variety of reporting and analysis applications from a single, integrated architecture.”
Recently, MicroStrategy introduced two new innovative products for business people to access and explore information stored in corporate databases.
* MicroStrategy Report Services allows business users to retrieve information from corporate databases for display in boardroom-quality documents over the web or in email. MicroStrategy Report Services is innovative because business people can link from high-level performance scorecards documents to more detailed information for further investigation, all within the same product
* MicroStrategy Office allows business users using Microsoft Word, PowerPoint®, Excel and Outlook, to instantly call up information stored in corporate databases without starting another program. This corporate information is immediately pasted into Word documents, presentations, spreadsheets and emails. These documents, presentations and emails can automatically update the corporate information each time they are opened because of “SmartTag” technology. Business users improve their efficiency and productivity because they no longer have to repeatedly cut and paste data from different programs.
Using these two products, non-technical business employees can exploit corporate information to make better informed business decisions that ultimately benefit the bottom line.
MicroStrategy also recently launched the MicroStrategy Universal Edition of its business reporting technology. This Universal edition provides the capacity and high-performance needed for thousands of additional business users, ranging from line-workers to top executives, to benefit from business intelligence. This 64-bit software is compatible with Microsoft Windows, IBM AIX® and Sun Solaris(TM) operating systems.
About the Gartner Magic Quadrant
The Magic Quadrant is copyrighted November 29, 2004 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About MicroStrategy
Founded in 1989, MicroStrategy is a worldwide leader in the business intelligence software market. Leading Fortune 2000 companies are increasingly integrating MicroStrategy’s business monitoring, reporting, and analysis software into their operations. The MicroStrategy Business Intelligence Platform(TM) distills vast amounts of data into vital insight to help drive cost-efficiency, revenue-generation, and productivity. Top companies are using MicroStrategy to cost-effectively empower thousands of employees, partners, and suppliers with the business insight they need to make better business decisions everyday.
MicroStrategy has over 2,800 enterprise-class customers, including Aventis, eBay, General Motors, Lowe’s Companies, Pfizer, Sprint, Telecom Italia, U.S. Postal Service, Visa International, Wells Fargo, and Yahoo!. MicroStrategy also has relationships with over 300 systems integrators and application development and platform partners, including HP, IBM, PeopleSoft, Sun, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i and MicroStrategy Report Services software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
(1) Gartner “Magic Quadrants for Enterprise BI Suites and Platforms,”
Dresner, Howard; Hostmann, Bill; Buytendijk, Frank; November 29, 2004.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy Report Services, MicroStrategy 7, MicroStrategy 7i, MicroStrategy Office are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Bill Chatterton
MicroStrategy, Incorporated
703-744-3281
bchatterton@microstrategy.com
Source: MicroStrategy