MicroStrategy announces access to multidimensional data sources
MCLEAN, Va., Jan. 19, 2006 -- MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that the latest release of MicroStrategy 8 will offer access to multidimensional data sources, including Microsoft Analysis Services and Hyperion Essbase.
Using MicroStrategy 8, businesses can report on, analyze, and monitor data contained in all major relational databases as well as multidimensional sources from SAP, Microsoft, and Hyperion. The newest release of MicroStrategy 8 will make it easier for customers to standardize on MicroStrategy for enterprise-wide reporting and analysis.
MicroStrategy's Relational Online Analytical Processing (ROLAP) engine interactively accesses some of the largest and most robust data warehouses in business and government, using MicroStrategy's optimized dynamic SQL capability. The newest release of MicroStrategy 8 will contain a Multidimensional Expressions (MDX) engine capable of creating optimized dynamic MDX syntax, allowing MicroStrategy customers efficient access to MDX data sources such as Microsoft Analysis Services and Hyperion Essbase. Following its commitment to open and industry standards, MicroStrategy's new MDX engine uses the XML for Analysis (XML/A) standard as the basis for its new technology.
"The upcoming MicroStrategy 8 release will make it even easier for customers to standardize on the MicroStrategy platform," said MicroStrategy COO, Sanju Bansal. "With MicroStrategy 8, users can dynamically access the full breadth of their data warehouses and data marts with high performance and high scale. By providing direct access to multidimensional data sources, our customers have added flexibility and functionality to use MicroStrategy across their entire enterprise."
The next release of MicroStrategy 8, incorporating access to multidimensional data sources, is planned to be generally available in the first quarter of 2006.
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 http://www.microstrategy.com.
MicroStrategy and MicroStrategy Business Intelligence Platform are 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.
This press release may include statements that may constitute "forward- looking statements," including its estimates of future business prospects, potential new product releases and expected generally availability dates for new product releases and statements containing the words "believe," "estimate," "project," "expect" or similar expressions. Forward-looking statements inherently involve risks that could cause MicroStrategy's actual results to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the ability of MicroStrategy to implement and achieve widespread customer acceptance of its software on a timely basis; delays in MicroStrategy's ability to develop or ship new products, including new releases of MicroStrategy 8 software and specific features in any such release; market acceptance of new products; competitive factors; currency fluctuations; and other risks detailed in MicroStrategy's 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.
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