MicroStrategy Recognized as a Top Software Provider for Retailers by Retail Info Systems News
Eight of the Top Ten Global Retailers Use MicroStrategy for Reporting and Analytics
VIENNA, Va., Dec. 9, 2010 - MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that it was named by Retail Info Systems (RIS) News to its 2010 Software LeaderBoard, which highlights the top 20 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. According to the RIS 2010 Software LeaderBoard report, the retail IT vendors that comprise the top 20 list have broad and deep strengths, including financial stability, domain experience, budgets for research and development, and a large pool of retail clients from which to determine best practices.
MicroStrategy was ranked in the top 10 in two other categories: Top Software Vendors for Tier One Retailers and Leaders in Product Reliability by Tier One Retailers. Tier One Retailers are defined as retailers with more than $1 billion in annual revenue.
MicroStrategy's business intelligence software is used by retailers worldwide, including Aeropostale, GUESS?, Limited Brands, Lowe's Companies, METRO Group, Pacific Sunwear, Starbucks, and Whole Foods Market. MicroStrategy provides retailers with detailed insight into business performance through user-friendly reports and at-a-glance dashboards that identify key trends and help retailers make data-driven business decisions. With MicroStrategy Mobile, retailers can access timely data on mobile devices, including the iPad and iPhone.
"This is the fourth consecutive year that MicroStrategy has been recognized in the RIS Software LeaderBoard," said Sanju Bansal, MicroStrategy Chief Operating Officer. "We are delighted that retailers have indicated their preference for MicroStrategy software. Many of the world's largest retailers are MicroStrategy customers, including 8 of the top 10 global retail companies."
To learn more about MicroStrategy for the retail industry, visit Booth #2177 at the National Retail Federation Annual Convention & EXPO, January 10-11, 2011, in New York City.
About MicroStrategy
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 ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy offers free reporting software that can be downloaded from its Website, www.microstrategy.com/freereportingsoftware. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
SOURCE MicroStrategy Incorporated
Contact:
Wende Cover
MicroStrategy Incorporated
703-770-1646
wcover@microstrategy.com
Web Site: www.microstrategy.com
