Bavarian Universities More Effectively Allocate Resources With MicroStrategy Business Intelligence

Published on September 16, 2002 in Computer & Electronics, Computer Software, Internet, Technology

0

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the University of Bamberg, the Technical University of Munich and the Bavarian State Ministry for Education, Research and Art rely on the MicroStrategy Business Intellige

McLean, Va., (September 16, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the University of Bamberg, the Technical University of Munich and the Bavarian State Ministry for Education, Research and Art rely on the MicroStrategy Business Intelligence Platform(TM) to access key information aimed at gaining critical education funding.

Universities across Bavaria compete for funding that is awarded on a performance basis, and these three institutions needed a secure, Web-based platform that could support a wide array of queries across their intranet and extranet environments. Today, they are able to run an unlimited number of queries against their MicroStrategy-based systems with ease. With the MicroStrategy platform, they can allocate resources more selectively, and thus, more efficiently.

End users of the universities’ data warehouse application are able to analyze student administration, human resources and financial assistance data as well as exam information. Deans, professors or committee members, for example, can determine the number of students enrolled in a particular subject, identify the financial resources available to a particular chair, or uncover the number of students that dropped out of a specific course in a given semester.

MicroStrategy technology gives university end users up-to-the-minute information, enabling them to react more quickly to trends and make better financial and planning decisions. In the future, the reach of the data warehouse solution will be extended to support research projects and allow interested citizens to access publicly available academic information. Furthermore, the Bavarian State Ministry for Education, Research and Art plans to extend the project to all nine Bavarian universities.

About the University of Bamberg

The University of Bamberg was founded in 1647. Approximately 7,000 students are currently enrolled in 47 programs across 7 departments. More than 120 professors and approximately 270 teaching and research assistants from more than 700 full-time employees are involved in the academic education. In 2001, a new department for business information systems and applied computer science was opened.

About the Technical University of Munich

The Technical University of Munich was founded in 1823. There are approximately 20,000 students enrolled in 50 programs across 12 departments. About 400 professors and more than 3,700 teaching and research assistants from an overall 9,600 full-time employees are involved in the academic education.

About the Bavarian State Ministry for Education, Research and Art

In Germany, each federal state is responsible for its educational policy. For that reason, the Bavarian State Ministry for Education, Research and Art is responsible for the management of higher education in nine universities, 17 universities of applied sciences, four universities of art and one university of film in Bavaria. Currently, there are approximately 220,000 students enrolled in all Bavarian universities.

About MicroStrategy Incorporated.

Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.

Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.

Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,700 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Hewlett-Packard, and JD Edwards.

MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://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 and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the Company’s ability to effect the sale of non-core assets on reasonable terms; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations; and other risks detailed in the Company’s registration statements and 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, MicroStrategy 7, MicroStrategy 7i 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.

Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com

Source: MicroStrategy

Leave a Reply