Provides Hospitality Industry with Real-Time Visibility into Revenues and Expenses Across the Portfolio
McLean, Va., (December 10, 2008) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that Alloso Technologies has entered into an OEM agreement with MicroStrategy. Alloso Technologies is a software development and consulting company providing hoteliers and the hospitality industry with solutions to help them manage and improve the performance of their portfolios.
Alloso’s Portfolio One(TM) solution is a Web-based business intelligence platform that consolidates information from different hospitality and hotel brand systems. Portfolio One provides in-depth financial reporting, expense management, and analytical capabilities for hotel management companies and asset managers.
Using MicroStrategy’s Web-based dashboards, reporting, and analytics, Alloso’s clients can gain real-time visibility into revenue and expense information across their hospitality systems. On one platform, users can analyze data consolidated from nearly every system in the organization, including General Ledger, Budgets and Forecasts, Market Research, Payroll and Labor, and Energy. MicroStrategy’s drag-and-drop capabilities provide the ability to view this information by both the standard criteria, such as brand, franchise, ownership, comp set, and geographical locations, as well as user- and company-defined custom groupings.
MicroStrategy’s integrated security enables users across the organization to see the information relevant to their specific area of the business. Additionally, Portfolio One is designed from the ground up to reduce the labor necessary to collect, validate, and distribute this information.
Jon Gorman, CTO at Alloso Technologies, commented: “MicroStrategy’s technology is allowing us, for the first time, to bring all of this information together on a single platform and deliver it to every level of the organization at an affordable cost. With MicroStrategy’s mature technology and flexible licensing, we can deliver actionable information to every accountable person in the organization. MicroStrategy’s ROLAP technology enables our users to drill down to the transaction level of detail from virtually anywhere in the system, without the limitations of cubes. Finally, the architecture is extremely flexible allowing us to provide hoteliers with a best-in-class solution at an attractive price point, which is proving to be a compelling competitive advantage.”
“We are delighted to work with Alloso Technologies and provide enhanced reporting and analytics for their new BI solution,” said Sanju Bansal, MicroStrategy COO. “MicroStrategy’s integrated BI platform enables our OEM partners to easily embed analytics into new application offerings and augment product capabilities.”
About Alloso Technologies
Alloso Technologies is a leader in innovative software development and consulting to the hospitality industry. Our expertise combines extensive hospitality experience together with strong technology and development backgrounds.
At Alloso Technologies we constantly strive to ensure our products are truly helping hotelier’s manage and improve their business. Portfolio One(TM) was developed with input and feedback from forward-thinking leaders in the hospitality industry. More information about Alloso Technologies is available at www.alloso.com.
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