MicroStrategy Joins IBM’s ISV Advantage Initiative
Teams with IBM to Deliver Open, on Demand Business Solutions to Retail and Healthcare Customers
McLean, Va., (January 10, 2006) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that it has joined IBM’s ISV Advantage for SMB Initiative, a program designed to provide independent software vendors (ISVs) with technical and marketing support to help them meet the specific information technology needs of small and medium sized (SMB) companies.
MicroStrategy will utilize the resources from IBM sales, technical, and marketing programs to drive demand for industry solutions leveraging the MicroStrategy platform, including the IBM® Retail Business Intelligence Solution(TM), IBM Workplace(TM) for Retail Store Operations, IBM Workplace for Retail Merchandise Management, and IBM Aligned Clinical Environment. By enabling MicroStrategy’s Business Intelligence Platform(TM) with IBM’s retail and healthcare solutions, MicroStrategy seeks to further expand into these important vertical markets.
MicroStrategy provides business intelligence software that enables companies across a wide range of industries to tap into their databases and deliver critical information to make more strategic and data-driven business decisions. Retail and healthcare customers are well represented in MicroStrategy’s broad customer base. Many of the world’s largest retailers use MicroStrategy to power sophisticated applications that provide valuable insight into areas such as merchandise management, inventory control, marketing analysis, store operations, and loss prevention. Healthcare agencies, payors, and hospitals choose MicroStrategy to analyze and improve operations, service quality, resource utilization, claims administration, and order tracking.
Additionally, MicroStrategy announced that it has achieved Advanced Industry Optimized status in IBM’s PartnerWorld Industry Networks for retail and healthcare. MicroStrategy will also work closely with IBM to expand its visibility in these target vertical industries through various co-marketing and sales activities.
“Retail and healthcare companies are looking for on demand business solutions to improve operations and reduce costs,” said Buell Duncan, GM, ISV Developer Relations, IBM. “MicroStrategy’s industry leading applications built on IBM’s open middleware, provide a total solution for retail and healthcare institutions who want to increase efficiencies and better serve their customers.”
“MicroStrategy is pleased to expand its long-standing relationship with IBM by joining the ISV Advantage program and achieving membership in IBM’s highest level of PartnerWorld Industry Networks for Healthcare and Retail,” said Tom Villani, MicroStrategy’s Vice President of Global Alliances. “These programs will not only enhance the depth of our integration with IBM, but also provide powerful solutions to better serve our retail and healthcare customers. MicroStrategy’s flexible and highly scalable platform is well suited for enterprises with demanding business intelligence requirements, such as retailers and healthcare organizations.”
For more information about ISV Advantage and other programs and resources available to developers, visit http://www.ibm.com/isv.
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 advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.
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.
MicroStrategy, 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.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy