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MicroStrategy develops and sells business intelligence, mobile software, and cloud-based services. The company’s software performs analytics on a variety of data, such as sales figures, payroll data, and inventory in order to inform users’ business decisions.
MicroStrategy remains one of the few independent, publicly traded BI software providers in the business intelligence (BI) market.
Business intelligence (BI) is a set of theories, methodologies, architectures, and technologies that transform raw data into meaningful and useful information for business purposes. BI can handle large amounts of information to help identify and develop new opportunities. Making use of new opportunities and implementing an effective strategy can provide a competitive market advantage and long-term stability.Generally, Business Intelligence is increasing number of components, these are:
- Multidimensional aggregation
- Denormalization and standardization
- Reporting with analytical alert
- Statistical analysis
- Group consolidation and budgeting
- Key Performance Indicators (analytics)
BI technologies provide historical, current and predictive views of business operations. Common functions of business intelligence technologies are reporting, online analytical processing, analytics, data mining, process mining, complex event processing, business performance management, benchmarking, text mining, predictive analytics and prescriptive analytics. MicroStrategy Cloud Personal: IntroductionMicroStrategy Cloud Personal: DemonstrationMicroStrategy Cloud Personal: General FeaturesMicroStrategy Cloud Personal: Import Your DataMicroStrategy Cloud Personal: Review Your DataMicroStrategy Cloud Personal: Grid GraphMicroStrategy Cloud Personal: Share Your DataMicroStrategy Cloud Personal: Refresh Your Data microstrategy business intelligence bi data mining Latvia