MicroStrategy customers lead in web deployment according to independent business intelligence survey
MCLEAN, Va., March 29, 2005 -- MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that The OLAP Survey 4 found MicroStrategy's customers are more successfully deploying business intelligence via the Web than are customers of Business Objects, Cognos, and Hyperion. This is the fourth consecutive year that the survey rated MicroStrategy the top performer in Web deployment.
The OLAP Survey 4, conducted by independent analyst Nigel Pendse, surveyed nearly 1,000 active business intelligence customer sites around the world. The survey found that MicroStrategy had a median Web deployment rate of 90%, meaning half of MicroStrategy customers reported that they deployed business intelligence via the Web to at least 90% of their users. MicroStrategy ranked twice as high as the next vendor, Cognos PowerPlay; the overall median Web deployment factor for all vendors was 27%.
In its key findings, The OLAP Survey 4 found that Web-deployed BI applications deliver greater business value and benefits than those deployed only via client/server technology. The highest rates of business success were reported by sites with at least 40% of seats Web-deployed. Sites with no Web deployment had the lowest level of business benefit achievement.
"As in previous years, MicroStrategy sites had by far the highest rates for Web deployment and clearly are in a different league to the rest," said Nigel Pendse, author of The OLAP Survey 4. "Uniquely among major BI products, the modern MicroStrategy product line was designed from the ground up for large scale Web deployments, rather than being converted from older desktop or client/server architectures. This seems to pay off for its customers, who report on far more data, to more users, who are much more likely to be Web connected, than any other product."
The products reviewed in The OLAP Survey 4 in rank order, by median Web deployment rates were:
BI Vendor Rank Median Web Deployment Rate (%) MicroStrategy 1 90 Cognos PowerPlay 2 45 Business Objects 3 40 Hyperion Essbase 4 38 Oracle OLAP Option 5 36 Oracle Discoverer 6 35 Microsoft AS 7 24 Oracle Express 8 22 SAP BW 9 21 MIS Alea 10 7 Applix TM1 11 <1
"We are proud that, once again, MicroStrategy is leading the industry in connecting business users to their critical business information via the Web," said MicroStrategy's COO, Sanju Bansal.
To view a summary of The OLAP Survey 4 results, go to: http://www.microstrategy.com/bisurvey
About The OLAP Survey 4
The OLAP Survey 4 (http://www.survey.com/olap), the largest and most comprehensive survey of OLAP products to date, is a quantifiable survey of the $4 billion OLAP market. The Survey, conducted by Nigel Pendse and Survey.com, analyzed data from nearly 1,000 sites in 51 countries. No vendors were involved in developing the questions, or in sponsoring the survey, making it the most reliable and unbiased research on the OLAP market. This year's survey asked more than 50 usage and adoption questions concerning 42 different OLAP products.
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps the world's leading organizations make better business decisions every day. Companies use MicroStrategy to transform vast amounts of data into actionable information that enhances their performance, productivity and competitive edge. MicroStrategy's customers include the top twelve FORTUNE 500 global telecommunications companies, the top eight global pharmaceutical companies, and nearly two-thirds of the top 50 global retailers. MicroStrategy has relationships with systems integrators and technology partners, including IBM, HP, PeopleSoft, Sun, and Teradata. 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," 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; 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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