Paul Demery , Chief Technology Editor
McLean, Va., May 2, 2007 – MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Sears Holdings (NASDAQ: SHLD), parent of Kmart and Sears, Roebuck and Co., has selected MicroStrategy to support multiple business intelligence applications.
“Sears Holdings is one of the largest retailers in the nation and we are proud to provide them with insightful reports to support their business,” said MicroStrategy’s COO, Sanju Bansal. “MicroStrategy has been embraced by retailers because of our scalable and flexible platform that enables them to analyze transactional data and gain vital intelligence on areas such as sales trends, inventory management, store operations, merchandise management, and customer loyalty.”
Mr. Bansal added, “By working with MicroStrategy, Sears and Kmart associates will be able to report on and analyze data to more efficiently manage their business. With MicroStrategy, Sears’ business users can gain greater insights into sales, inventory, ordering, and market basket information to make timely and analytically-based decisions.”
MicroStrategy’s intuitive Web interface and self-service infrastructure will save time for Sears Holdings’ business users and eliminate the need to request special reports from the IT organization.
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.
MicroStrategy and 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.
MicroStrategy Public Relations