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MicroStrategy Cloud Gains Global Momentum

Stocks in this article: MSTR

TYSONS CORNER, Va., Jan. 29, 2013 /PRNewswire/ -- MicroStrategy ® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) and mobile software, today announced that customers on its MicroStrategy's Cloud Platform ran over 2 million reports per week through the company's innovative BI in the cloud service during 2012.

Since its first quarter of operation in Q3 2011, MicroStrategy Cloud has grown annual revenues by over 750% and established itself as a leader in Cloud-based business analytics by offering an innovative, managed, and high quality service to its customers.

Leading companies and organizations, such as Johnson & Johnson, Thomson Reuters, Four Seasons Hotels and Resorts, Ingram Micro, Tapjoy, Angel.com, Coty US, DeRoyal Industries, Elan Polo International, ViSalus Sciences, Wintrust Financial Corporation, and the Texas Department of Transportation (TDOT), have found value in MicroStrategy Cloud — deploying high-value analytical and mobile applications much quicker, at a lower cost, and with lower risk than traditional on-premise approaches.

"MicroStrategy Cloud will play a vital role in Four Seasons' goal of helping provide our General Managers with our hotel information on a timely basis," said Marco Trecroce, CIO, Four Seasons Hotels and Resorts. "Our General Managers will now have the analytics they need to serve our guests better, and operate their hotel more efficiently, anytime, anywhere on their iPad devices.  MicroStrategy Cloud will allow us to build these applications much quicker than before and without expensive upfront capital investments in technology."

"Our customers are some of the world's largest consumer brands," said Christian Wright, General Manager Americas and CTO of e-dialog, an eBay Inc. company. "We needed an analytics solution that could scale with our business.  MicroStrategy Cloud gives us the ability to quickly deploy mobile and analytic solutions internally and externally to our customers in an elastic, cost-efficient manner."

"As one of the largest and broadest-reaching mobile advertising platforms in the world, a sound business intelligence strategy is crucial to our long-term success," said Phil O'Neill, Vice President of Analytics at Tapjoy. "The MicroStrategy Cloud platform gives us access to timely and powerful analytics that inform crucial business decisions for Tapjoy and its partners. This helps to free us up to focus on our business with less burden on resources and infrastructure."

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