MicroStrategy tops peer group as preferred business intelligence product to standardize on, according to independent survey
MCLEAN, Va., June 7, 2005 -- MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that in an independent survey of companies using different business intelligence software to improve their performance, MicroStrategy was the preferred product on which to standardize as compared to its Peer Group. The Peer Group consists of MicroStrategy, Hyperion Essbase, Cognos PowerPlay, Business Objects and Oracle Discoverer.
Conducted by one of the leading authorities in the OLAP field, Nigel Pendse, The OLAP Survey 4 compiled findings from almost 1,000 customer sites. In the survey, companies using more than one BI product were asked which product they would choose to standardize on and why. MicroStrategy was selected by 87.5% of the respondents. When asked about their decision, participants cited several reasons, including product features, ease of management and Web deployability.
The OLAP Survey 4 Peer Group Ranking for Preferred Product to Standardize On:
Product Ranking MicroStrategy 1 Business Objects 2 Cognos PowerPlay 3 Hyperion Essbase 4 Oracle Discoverer 5
"The tendency of MicroStrategy customers to choose it as the product to standardize on for sites with multiple BI products is a testament to the range of features it now offers," reported Nigel Pendse, author of The OLAP Survey 4.
"The preference for standardizing on MicroStrategy is indicative of MicroStrategy's ability to serve organizations' decision-making needs from a single integrated reporting and analysis architecture," said Sanju Bansal, MicroStrategy's COO. "These results highlight MicroStrategy's flexibility to accommodate a wide range of BI applications, ease of use, and extensive range of BI functionality."
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 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 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.
This press release may include statements that may constitute "forward- looking statements," including its estimates of future business prospects or financial results 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; 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.
Web Site: http://www.microstrategy.com
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