MicroStrategy Global Analytics Study finds 97 per cent of real-time enterprise decisions are data-deprived

For 60 per cent of employees, it takes hours or days to get the information they need, while only 3 per cent can find information in seconds

TYSONS CORNER, Va. – MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of enterprise analytics and mobility software, released the results of its “2020 Global State of Enterprise Analytics” report revealing that, despite 94 per cent of organisations believing data and analytics is important to their digital transformation and business growth, most are not enabling a data-driven culture.

Below are the top findings of the report:

  •  Compared to executives and management employees, front-line employees are data-deprived and have the least access to data and analytics. The contrast between the data-privileged and the data-deprived is most pronounced in the financial services industry, with just 11 per cent of front-line employees getting access to analytics reports.
  • For 60 per cent of employees, it takes hours or days to get the information they need, while only 3 per cent can find information in seconds.
  • When those who aren’t adept at analytics need to make a data-driven decision, 79 per cent have to ask IT or a business analyst for help. Only 7 per cent use a self-service tool.
  • Investments in analytics initiatives, namely talent and technology, are increasing. 75 per cent of large enterprises and 59 per cent of smaller companies (less than 1,000 employees) say they will invest more in talent. 79 per cent of large enterprises and 60 per cent of smaller companies say they will invest more in technology.

“Shockingly, when it comes to making data-driven decisions, the majority of the workforce is still winging it,” said Lesley French, general manager, Australia and New Zealand, MicroStrategy Incorporated. “With self-service analytics adoption hovering at 30 per cent, organisations need to surface insights in a timely manner that benefits the entire workforce. We see similar trends in Australia, and recommend those investments go toward building an insights-first culture that rewards data-driven decision-making and continuous transformation—the essential foundation of an Intelligent Enterprise™.”

Survey respondents who have embraced the use of data and analytics report benefits such as improved efficiency and productivity, faster and more effective decision making and better financial performance. Retail and healthcare industries are leading the charge in this area, using analytics to identify and create new product and revenue streams.

Recommendations for next-generation success

  • Think open and embrace a multi-tool environment. It’s no longer realistic to think that a single tool is going to serve all of an organisation’s needs or cater to varying users’ capability levels. Therefore, organisations should consider an open platform approach to enterprise analytics that ensures a secure, governed, scalable, high-performance environment. This openness allows other tools to tap into trusted enterprise data, blend information from multiple systems, and quickly build content—without users having to give up their favourite data sciences, AI, and self-service BI tools.
  • Seek to enable every person, process, application, and device. Countless decisions happen every day across organisations, so it comes to reason that insights must be accessible in seconds. Tools, applications, and services should match each user’s abilities. To that end, organisations should seek to enable everyone with self-evident insights that appear in the mobile apps, screens, products, and business applications people use every day.
  • Start with trusted data and enrich it to gain insights. To truly thrive in the next generation of analytics, users need governed, trusted enterprise data assets and systems that improve with use. By incorporating a semantic layer that learns over time, organisations can open the way to a new class of AI-driven applications and experiences by layering their data with system usage, location, and telemetry data. This effectively turns each user into a contributor of insights, fuelling a feedback loop that helps make the organisation collectively smarter over time.

Notes to the editor: To obtain a global and cross-industry view of the state and future of data and enterprise analytics use, MicroStrategy surveyed 500 business intelligence and analytics professionals across Brazil, Germany, Japan, the United Kingdom and the United States in Q2 2019. The respondents represent 10 industry segments (financial services, government, healthcare, hospitality, manufacturing, retail, software tech, professional services, telecommunications and other), with the majority employed at an organisations with more than $100 million in annual revenue. For the second year, the survey was conducted for MicroStrategy by market research firm Hall & Partners.

Additional Information

About MicroStrategy Incorporated
MicroStrategy (Nasdaq: MSTR) is a leading worldwide provider of enterprise analytics and mobility software and services. Our mission is to make every enterprise a more Intelligent Enterprise. MicroStrategy 2019™ delivers modern analytics on an open, comprehensive enterprise platform designed to drive business results with Federated Analytics, Transformational Mobility, and HyperIntelligence™. To learn more, visit MicroStrategy online, and follow us on LinkedIn, Twitter, and Facebook.

MicroStrategy, Intelligent Enterprise, MicroStrategy 2019, and HyperIntelligence 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.

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MicroStrategy Appoints Lesley French as General Manager for Australia and New Zealand

Sydney, AustraliaMicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of enterprise analytics and mobility software, has announced the appointment of Lesley French as General Manager for Australia and New Zealand.  At MicroStrategy, Ms. French will lead the local team to drive growth across the Australia and New Zealand (ANZ) market, as well as manage sales and alliances, marketing and business development, pre-sales, customer success and support, and professional services. She will also work on strengthening MicroStrategy’s local executive customer relationships.

Ms. French has close to 30 years’ experience in the business analytics space. She was a director of Cognos, an IBM company, where she worked for over 20 years leading strategic relationships across commercial and public sector clients. She has also held senior roles at companies including Microsoft, DXC Technologies, and Agile Analytics.

“We are thrilled to welcome Lesley with her wealth of leadership experience at leading software companies and know she will be an incredible asset to the team and our customers,” said Eric Sin, Regional Vice President, MicroStrategy Incorporated. “Her experience will help fast-track our success in the ANZ market as we engage with new businesses to help them on their journey to become a more Intelligent Enterprise™.” 

“Unveiled early this year, MicroStrategy 2019™ introduces a new way for business users to get answers with HyperIntelligence™, a breakthrough class of applications that brings zero-click insights to more users across the entire organisation,” said Lesley French, General Manager, ANZ, MicroStrategy Incorporated.  “Enterprises can now tap MicroStrategy 2019 to build and deploy transformational applications that maximise the value of information and deliver time savings and financial benefits. I’m excited to join MicroStrategy and look forward to supporting our customers’ growth and success.”

About MicroStrategy Incorporated

MicroStrategy (Nasdaq: MSTR) is a leading worldwide provider of enterprise analytics and mobility software and services. Our mission is to make every enterprise a more Intelligent Enterprise. MicroStrategy 2019 delivers modern analytics on an open, comprehensive enterprise platform designed to drive business results with Federated Analytics, Transformational Mobility, and HyperIntelligence. To learn more, visit MicroStrategy online, and follow us on LinkedIn, Twitter, and Facebook.

MicroStrategy, Intelligence Enterprise, MicroStrategy 2019, and HyperIntelligence 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 Scores Highest in Four Use Cases in Gartner’s Critical Capabilities for Analytics and Business Intelligence Platforms Report

Sydney, AustraliaMicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of enterprise analytics and mobility software, today announced that Gartner, Inc., the leading provider of research and analysis on the global information technology industry, has recognised the MicroStrategy platform, MicroStrategy 2019™, with the highest product scores across four uses cases in the “Critical Capabilities for Analytics and Business Intelligence Platforms” report (1).

According to Gartner’s findings, MicroStrategy ranks:

– #1 in Agile, Centralised BI Provisioning Use Case, scoring 4.34 (out of 5)
– #1 in Governed Data Discovery Use Case, scoring 4.24 (out of 5)
– #1 in OEM or Embedded BI Use Case, scoring 4.64 (out of 5)
– #1 in Extranet Deployment Use Case, scoring 4.38 (out of 5)
– #2 in Decentralised Analytics Use Case, scoring 4.23 (out of 5).

“The analytics industry is at a crossroads. Self-service analytics tools lack robust data governance and traditional BI applications are unable to support modern business use cases,” said Michael J. Saylor, CEO, MicroStrategy Incorporated. “We believe that MicroStrategy’s newest platform is the most open and comprehensive solution in the market. MicroStrategy 2019 is designed to address the most demanding use cases and go beyond modern BI to deliver HyperIntelligence™, a new category of analytics that empowers more users across the workforce by delivering intelligence through zero-click experiences. For each organisation looking to become a more Intelligent Enterprise™, MicroStrategy 2019 can help accelerate the journey.”

A Recognised Industry Leader

According to Gartner (2), MicroStrategy grew its market share worldwide from 2017 to 2018 for Modern BI Platforms, increasing revenue in that subsegment by 26.3 per cent.

Today’s news is the latest in a line of recent industry recognition for MicroStrategy, including:

– Gartner: Sole Challenger in Gartner’s February 2019 Magic Quadrant for Analytics and Business Intelligence Platforms
– Dresner: Named a Technology Innovation Leader by Dresner Advisory Services for the Second Consecutive Year
– Ventana: #1 Overall Value Index Leader in Embedded Analytics & Business Intelligence by Ventana Research
– Ventana: #1 Overall Value Index Leader in Mobile Analytics and Business Intelligence by Ventana Research

“In our opinion, this recognition reflects the momentum and excitement we’re seeing from our customers and prospects looking to deliver insights to their workforce with Federated Analytics, Transformational Mobility, and HyperIntelligence applications,” said Marge Breya, Senior Executive Vice President and CMO, MicroStrategy Incorporated. “We make it a priority for our customers to be successful with what we believe is the strongest platform offering in the market. We think it’s time for organisations to test-drive MicroStrategy 2019 and capitalise on the next generation of enterprise intelligence.”

Additional Information

– Read our blog: MicroStrategy Scores Highest in Gartner’s Critical Capabilities Report, Once Again!
– Download a copy of the Gartner Critical Capabilities for Analytics and Business Intelligence Platforms report

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organisation and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About MicroStrategy Incorporated

MicroStrategy (Nasdaq: MSTR) is a leading worldwide provider of enterprise analytics and mobility software and services. Our mission is to make every enterprise a more Intelligent Enterprise. MicroStrategy 2019 delivers modern analytics on an open, comprehensive enterprise platform designed to drive business results with Federated Analytics, Transformational Mobility, and HyperIntelligence. To learn more, visit MicroStrategy online, and follow us on LinkedIn, Twitter, and Facebook.

MicroStrategy, MicroStrategy 2019, HyperIntelligence, and Intelligent Enterprise 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.

References:
(1) – Gartner, Critical Capabilities for Analytics and Business Intelligence Platforms, James Richardson, Rita Sallam, Austin Kronz, 14 May 2019.
(2) – Gartner, Market Share: Enterprise Application Software, Worldwide, 2018. Neha Gupta, Hai Swinehart, et al., 12 April 2019.

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