MicroStrategy to Offer Extensive Analytical Capabilities to Bank Austria
McLean, Va., (September 16, 2008) –
MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that Bank Austria has selected MicroStrategy to enhance its reporting and analysis capabilities. Bank Austria, a member of UniCredit Group, one of the leading European banking groups, is the leader in the Austrian banking sector.
Bank Austria plans to build a more efficient enterprise data warehouse for its business and its subsidiaries, Österreich AG and functional subsidiaries. With the new data warehouse, Bank Austria expects to increase user efficiency, as well as improve business performance and customer satisfaction. The MicroStrategy platform will enable Bank Austria end users of all levels to report on and analyze large volumes of data without requiring deep understanding of the data model or SQL knowledge.
Bank Austria compared MicroStrategy to several other BI vendors and MicroStrategy provided Bank Austria with a successful prototype that demonstrated its high performance and its ability to seamlessly integrate with Bank Austria’s new Teradata data warehouse.
Mr. Zdrazil, Bank Austria Manager, is very happy with the decision for MicroStrategy: “During the performance tests, the MicroStrategy software platform delivered a superior reporting system for Bank Austria, with greater efficiency and extensive functionality as compared to the other BI products we reviewed.”
“MicroStrategy is pleased that Bank Austria selected MicroStrategy for its reporting and analytics,” said Sanju Bansal, MicroStrategy COO. “MicroStrategy’s ease-of-use, sophisticated analytical capabilities, and scalability for thousands of users and terabytes of data, offer a powerful BI solution for dynamic companies like Bank Austria.”
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