MicroStrategy recognized as a leading software provider for retailers by RIS News
MCLEAN, Va., Jan. 14, 2008 -- MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that it was recognized by Retail Info Systems (RIS) News as one of the top software providers for retailers.
MicroStrategy was named by RIS to its 2007 Software LeaderBoard, highlighting the top 45 software vendors for retailers. The RIS Software LeaderBoard compares software companies serving the retail industry in a head-to-head ranking that is based largely on retailer evaluations. MicroStrategy ranked #13 overall.
MicroStrategy also ranked #8 on the Tier One list, which reflects the preferred software vendors of retailers with revenues greater than $1 billion. In a breakout of the three largest segments of retailers, MicroStrategy ranked in the top 10 in two of the three segments: specialty retailing and apparel/footwear.
MicroStrategy's business intelligence software is used by retailers worldwide, including Starbucks, METRO Group, Lowe's Companies, Hallmark Cards, Carrefour, Limited Brands, KB Toys, and Ross Stores. MicroStrategy's scalable platform enables retailers to analyze vast amounts of data and provides detailed insights into business areas such as sales trends, inventory management, store operations, and customer loyalty.
"We are delighted that retailers have indicated their preference for MicroStrategy's software in the RIS LeaderBoard," said Sanju Bansal, MicroStrategy COO. "Many of the top global retailers are MicroStrategy customers. The MicroStrategy platform has the scalability and flexibility to analyze large volumes of data at the transactional level to provide users with valuable insights to enhance business performance and customer service."
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 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.
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