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J.D. Edwards Selects MicroStrategy 7 Platform to Power New Business Intelligence Offering for Web-based Query, Reporting and Analysis
MCLEAN, Va. and DENVER, Co., July 25, 2001 – MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that J.D. Edwards & Company (NASDAQ: JDEC) selected MicroStrategy 7™ as the platform for the newly launched J.D. Edwards Business Intelligence system. J.D. Edwards Business Intelligence is a MicroStrategy-based, comprehensive monitoring and analytical reporting system designed to diagnose business process effectiveness. J.D. Edwards is a leading provider of agile, collaborative solutions for the Internet economy.
“As the Web has become a prolific portal into business intelligence applications, it is essential that our customers be able to access information in a Web-based query, reporting and analysis environment,” said Hank Bonde, chief operating officer of J.D. Edwards. “We selected MicroStrategy 7 because it is a business intelligence platform built entirely for the Internet. MicroStrategy 7’s powerful analytical capabilities and open architecture ensure that we can offer our customers easy-to-use applications that help increase efficiency and overall profitability through integration with our Internet-enabled OneWorld® applications and our tried-and-true WorldSoftware™ product.”
Toronto-based Ontario Store Fixtures (OSF), the foremost producer of upscale store fixtures in North America, has implemented J.D. Edwards’ MicroStrategy-based Business Intelligence software. “Using J.D. Edwards’ Business Intelligence system, our executives, managers and analysts have increased visibility into our organization’s performance,” said Tony Souza, OSF’s application solutions manager. “With the capability to easily analyze detailed information, we can make decisions that increase operational efficiencies.”
“We are pleased to supply the platform for J.D. Edwards' Business Intelligence offering,” said Sanju K. Bansal, chief operating officer of MicroStrategy Incorporated. “By delivering access to detailed data through the MicroStrategy platform, J.D. Edwards helps companies optimize the decision-making process.”
J.D. Edwards Business Intelligence enables companies to collect data from J.D. Edwards’ OneWorld Xe, WorldSoftware and other third-party and legacy applications, to measure the effectiveness of business processes against corporate objectives. Users are able to access terabytes of data, through the MicroStrategy Web™-based interface, to ask questions, search for patterns and analyze results. J.D. Edwards Business Intelligence equips enterprises with a detailed view of their operational performance, allowing them to make informed decisions in their financial activities.
With MicroStrategy 7, organizations can quickly and easily set up out-of-the-box business intelligence solutions designed to drive efficiency across all aspects of their business. MicroStrategy 7’s Web-based query, reporting and analysis, rapid deployment functionality and intelligent information delivery capability via Web, wireless and voice provide an ideal platform for companies looking to build applications that optimize business processes.
About J.D. Edwards & Company
J.D. Edwards (Nasdaq: JDEC) is a leading provider of agile, collaborative solutions for the Internet economy. The Company's open solutions give organizations the freedom to choose how they assemble their internal applications and how they collaborate with partners and customers across the supply chain to increase competitive advantage. Founded in 1977, J.D. Edwards is headquartered in Denver, CO. Additional information can be obtained by contacting the Company via the Internet at www.jdedwards.com or at 1-800-727-5333.
About MicroStrategy
For 11 years, MicroStrategy has helped corporations transform their operational data into actionable information. Its flagship product is MicroStrategy 7™, the Scalable Business Intelligence Platform Built for the Internet™. Its pure-web architecture provides the Web reporting, security, performance, and standards that are critical for deployment over the Internet. With proven data and user scalability, MicroStrategy is capable of analyzing today’s growing multi-terabyte data warehouses and distributing information to millions of users via Web, wireless and voice. The open and flexible platform provides the business intelligence foundation for query, reporting and advanced analytical applications across the enterprise and out to partners and customers in extranet deployments.
MicroStrategy has approximately 1,100 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, First Union Corporation and GlaxoSmithKline. MicroStrategy also has relationships with over 200 systems integrators, application development, and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy was founded in 1990 and 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 possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; 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 7 software on a timely basis; adverse reaction by the Company’s employees, investors, customers, vendors and lenders to the restatement of the Company’s financial results or its future prospects; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; 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.
J.D. Edwards is a registered trademark of J.D. Edwards & Company. The names of all other products and services of J.D. Edwards used herein are trademarks or registered trademarks of J.D. Edwards World Source Company.
MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet, MicroStrategy Web, 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.