IDC: BI Vendor MicroStrategy 'Fastest Growing'
MicroStrategy® Incorporated (NASDAQ: MSTR), a provider of business intelligence software, today announced that IDC’s Worldwide Business Intelligence 2004 Vendor Shares report identified MicroStrategy as the fastest-growing top 10 Business Intelligence software vendor for the second year in a row.
According to the IDC report, MicroStrategy’s results during these periods have been based on a strong focus on its core strength in highly scalable business intelligence deployments. The IDC report also cited the company’s legacy as the primary relational OLAP (ROLAP) vendor and noted that MicroStrategy has also been on the leading edge in user interface development for both end users and developers.
“The robust interactivity and visualization of MicroStrategy’s reporting environment can certainly be considered best of breed,” said Dan Vesset of IDC. “With the introduction of MicroStrategy 8 earlier this year, MicroStrategy is offering an integrated platform for reporting and analysis with an intuitive Web interface tailored for the mainstream business user. In addition, the user-friendly report design and editing capabilities make it a strong option for organizations looking to deploy business intelligence throughout their enterprise."
“MicroStrategy is proud of its revenue growth and technology advancements,” said MicroStrategy’s COO Sanju Bansal. “We are also delighted with the positive response from our customers and industry analysts to MicroStrategy 8 and its enhanced user interface. While MicroStrategy has long been known for innovative technology and exceptional user and data scalability, the newly designed Web interface of MicroStrategy 8 makes business intelligence more accessible to the average business user.”