MIAMI, Jan. 24, 2012 /PRNewswire/ -- MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, and Teradata, the leading analytic data solutions company, today announced the Teradata Integrated Data Warehouse (IDW) platform will be available via the MicroStrategy Cloud™. MicroStrategy Cloud will leverage Teradata's family of Data Warehouse platforms to offer both multitenant and dedicated versions of Teradata technology as an optional service to MicroStrategy Cloud customers, delivered under the MicroStrategy Cloud brand name.
MicroStrategy Cloud is a complete BI solution in the cloud, consisting of both the MicroStrategy BI platform and high-performance data hosting platforms. MicroStrategy Cloud customers can access enterprise data from their desktop or mobile device, improving insight and business decision making. Architected for large data volumes, high concurrency, and high performance, MicroStrategy Cloud is powerful and flexible enough to support the full range of enterprise-scale BI applications.
Companies choose MicroStrategy Cloud Intelligence as a low-cost platform for rapid development of secure high-velocity BI applications. It is expertly managed by highly skilled professionals to optimize performance and ensure faster time-to-value, allowing companies to focus on core competencies rather than maintain infrastructure and software.
The addition of Teradata IDW enables even greater value, speed, scale and predictability for business users seeking simple and flexible BI solutions to analyze large amounts of data. MicroStrategy will initially offer Teradata IDW from its North American data centers.
Today's announcement extends a 15-year relationship between MicroStrategy and Teradata that has produced over 300 joint customers spanning a broad range of industries, including retail, financial services, communications, manufacturing, transportation, and government.
"We are very pleased to announce our alliance with Teradata and their commitment as our strategic partner in the Cloud," said Sanju Bansal, MicroStrategy Chief Operating Officer. "MicroStrategy Cloud will offer Teradata technology that will allow enterprises to easily deploy high performance data analytics. Together, we are changing the landscape of Business Intelligence. MicroStrategy Cloud has created a new model for simplicity, speed, and performance."
"Teradata is uniquely positioned to offer the performance, scalability, and real-time business analytic capabilities that fully exploit huge volumes and different types of data," said Darryl McDonald, executive vice president, Applications, Business Development and CMO, Teradata. "Through the MicroStrategy Cloud, companies aspiring to accelerate their capabilities can now realize the power of Teradata and get the analytic intelligence they need to make the best decisions possible at an attractive return on investment."
For more details, visit http://www.microstrategy.com.
Founded in 1989, MicroStrategy is a leading provider of enterprise software platforms for business intelligence (BI), mobile intelligence, and social intelligence applications. MicroStrategy's BI platform enables leading organizations worldwide to analyze the vast amounts of data stored across their enterprises to make better business decisions. Companies choose MicroStrategy BI for its ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy's mobile intelligence platform helps companies and organizations build, deploy, and maintain mobile apps across a range of solutions by embedding intelligence, transactions, and multimedia into apps. MicroStrategy's social intelligence platform includes a number of applications that help enterprises harness the power of social networks for marketing and e-commerce, as well as a suite of free "friendly" consumer apps that use MicroStrategy's enterprise technologies. The MicroStrategy Cloud offering combines MicroStrategy and third-party software, hardware, and services to enable rapid, cost-effective development of hosted BI, mobile, and social applications. To learn more about MicroStrategy (Nasdaq: MSTR), visit www.microstrategy.com and follow us on Facebook (http://www.facebook.com/microstrategy) and Twitter (http://www.twitter.com/microstrategy).
Teradata Corporation (NYSE: TDC) is the world's leading analytic data solutions company focused on integrated data warehousing, big data analytics, and business applications. Teradata's innovative products and services deliver data integration and business insight to empower organizations to make the best decisions possible and achieve competitive advantage. Visit teradata.com for details.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy Cloud, MicroStrategy Mobile, Cloud Personal, MicroStrategy Transaction Services, Wisdom, MicroStrategy Wisdom and Emma 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.
Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.
SOURCE MicroStrategy Incorporated