Centralized
Object oriented
Meta Data
Centralized
Object oriented
Meta Data
All business data available to analyse in acceptable time and form with no extra efforts.
Visualisation will improved in the next version.
15 Years
No
No
Good
Technical Support:Good enough
MS OLAP and SAP BW.
High
OBIEE, MS OLAP, Cognos, Tableau, QlikView
Web Dashboards, Mobile, Transaction Services, and Visual Insights.
I am a consultant so my list is big. Therefore, I will pick the most recent one which on my current assignment is directly proportional to the operational costs for a business. At Interstate Batteries using RFID Technology we have a couple of web dashboards that displays inventory in the field, lists all the shops and their respective out of stock counts, shops that need to be serviced, and shops that have old batteries. Participating distributors(people who own the business of selling batteries) have sold their unwanted trucks(reducing operational costs), increased the amount of batteries sold for every stop made), reducing hot shots(delivering out of stock batteries) and increased sales at an average of 50% .
Transaction Services is a new field which allows users to have interaction with the databases. I am pretty sure MicroStrategy has improvements lined up in this section.
6 years
No issues encountered.
No issues encountered.
No issues encountered.
8 out of 10.
Technical Support:9 out of 10.
MicroStrategy is my first BI tool.
It is straightforward to implement.
When a customer wants to implement BI, there are lots of options available in the market to choose from. The decision depends on various parameters such as scale of implementation, costing and performance. They can either go with the open source options, or they can plan towards a paid BI tool. The decision can also be driven based on strategic factors of the company. I personally don’t believe in tool agnostic approach, I feel every customer has his own BI needs and has some specific requirements. No tool in this world can meet each one of these requirements, but in my experience MicroStrategy provides a complete product, which meets most of the customer requirements. This would be my first product review on a Business intelligence tool “MicroStrategy”
MicroStrategy is a solution provider for enterprise software platform on business intelligence.When we talk about MicroStrategy the first thought that comes into my mind is the core focus of the company, which is to deliver Business intelligence solutions, unlike other companies, which have their focus on different horizons. This, according to me, is the core strength of MicroStrategy as a company. Mike Saylor (CEO) gave similar insights in the MicroStrategy World conference. According to him the biggest advantage of MicroStrategy as a company is that they are the largest independently owned BI platform. There are lot of companies in the market who acquire small firms to improve their technology and product,but MicroStrategy is not one of them. The fact that MicroStrategy has resisted the temptation to build a technology portfolio through acquisitions has become their core strength. They always believed in their core framework and everything was developed by their own team. According to the BI Survey 12, conducted by German-based Business Application Research Center (BARC), MicroStrategy has received the highest ranking in numerous KPIs (Key Performance Indicator) such as total Performance, user Recommendation, mobile, query performance, data volumes and big data.With the release of 9.4.1 they have integrated various current technologies with PRIME to support ultra fast processing of data.
MicroStrategy has a deep market penetration and is regularly used for industry level solutions in different domains such as Retail, Healthcare, Banking, Manufacturing, Social Media etc. There are lots of key advantages of using MicroStrategy which I will elaborate verbosely.
Although every tool has some limitations, MicroStrategy is no exception. I will list down a few:-
These are some advantages and disadvantages of the tool.Compared to the advantages the disadvantages are some minor improvements which i feel would be taken care in future releases. I haven’t listed granular details as I wanted to keep this review at a high level for product understanding. There are lots of features which one can explore. When you do the contemplate MicroStrategy is a great product over all. To conclude you should never forget "Owning a supercomputer gives you a special feeling but the question is, Are you really using it for what it is intended to?”
Hope this review helps customers who are preparing their BI strategy. In case you need more insights, or you are planning for a BI implementation and have some questions do write to me on my Email. I would be more than happy to help.
Disclosure: The company I work for is partner with Microstrategy
Hi Keith,
I am not sure what version you are working with, but MSTR 9.4.1 can import data from files (CSV, Excel and Text) located on your computer or anywhere (using URL). It can import data from databases, Salesforce, and Freeform (scrits made by DB professionals) too.
Cheers.
Imran_sh - there is no silver bullet and no magic, if you need sophisticated and scalable solutions MSTR is your ticket, with a tiny team. Agreed, if you needs are small and/or simple use one of open source tools, or Excel.
For how long have you used this product?
- 5.5 yrs
Which features of this product are most valuable to you?
- Dynamic and user friendly
What areas of this product have room for improvement?
- Easy Performance tuning is required on MSTR Desktop.
Did you encounter any issues with deployment, stability or scalability?
- No
Did you previously use a different solution and if so, why did you switch?
- In MSTR itself we have alternative for different solution
Before choosing this product, did you evaluate other options? If so, which ones?
- Yes I have done comparison with Cognos and SSRS reporting tool.
How would you rate the level of customer service and technical support?
- 6 out of 10
Was the initial setup straightforward or complex? In what ways?
- Straight but only have to install all depending software’s.
Did you implement through a vendor team or an in-house one? If through a vendor team, how would you rate their level of expertise?
- In-house
What is your ROI on this product?
- High
What was your original setup cost for this product and what is your day-to-day cost of using this product?
- License base so no day to day cost
What advice would you give to others looking into implementing this product?
- Really good product which have its in built powerful feature like performance, attractive
MicroStrategy Mobile BI- “Smart Analytics using Smartphone’s”
The day is not too far when everyone on this planet will stand connected. With another five billion people set to become a part of mobile users community, the digital revolution promises to redefine and improve lifestyle in terms of productivity, health, education and myriad other avenues of the physical world. The introduction of this small, compact but empowering device has undoubtedly filled in the digital divide across the globe. Mobile computers are spreading faster than any other consumer technology in history. Mobile telecom has been witnessing a decade of depreciation in prices of devices as well as calling rates, making wireless services affordable for masses.
In the year 2007, the average price of a phone was $120 and is continually falling; analysts predicted that the consumer market for mobile phones has reached its saturation as everyone who could afford one had one. Revenues from mobile handset sales have been doubled since 2007. Today, one can own a smart phone with all the high-end features for as low as $60. More and more people are getting their hands on the latest phones available in the market. The major implication of mobile phones whether it be a feature phone, smart phone or tablets lies in its connectivity. More than eighty percent of the world population remains underserved that present’s immense potential for mobile telecom to provide the much-needed connectivity. An array of value added services to trigger another technological revolution in developing countries. Just as consumers in the developing world skipped from traditional landlines to cell phones, they are soon going to skip large PC screens to land on tablet, Smartphone’s and the feature rich phones capable of running internet given the fact that most of the people in developing countries have their first web experience through a mobile. A whole new era of convergence towards devices is being witnessed as PC makers and electronics makers turn to manufacturing mobile devices. This would take care of their dwindling revenues and add another promising stream of revenue to their portfolio of businesses. Microsoft acquired Nokia, Intel has come out with a new series of smart phones called Xolo, similarly Intex and Lenovo have launched mobile devices, yet another instance is HCL 'Me' tablets by HCL. Among electronic manufacturers Panasonic and Videocon are some companies considering mobile device segment very aggressively.
The business opportunities in the Smartphone arena are endless. From the makers of the Smartphone to wireless service providers to tiny application developers, all are in a relentless pursuit to squeeze every cent out of this technological gold rush. Wireless carriers make money at a greater scale. Globally 900 of them make 1.3 trillion dollar in revenue each year; about four times the revenue of major technological providers such as Apple, Google, Microsoft and Intel combined. Micromax, India’s only indigenous Smartphone maker has successfully established a
reputation for itself in its home country and is now trying to take on the international market by signing Hollywood starlet Hugh Jackman, as its brand ambassador. Application developers have a smaller proportion of share. Mobile advertising brings about$9 billion as of now. But here is where the opportunities lie. Over sixty percent of people access Facebook from their phones and tablets. WhatsApp, a US made messaging app has 300 million users worldwide, out of which 20 million users are in India. WeChat, a messaging app by Chinese company Tencent has over 200 million users. This is where there is a latent need for ‘Business Intelligence’ providers. All these apps are not just restricted to smart phones and tablets, a huge chunk of feature phone users are being seen as an explored market. For instance apps like FB, Nimbuzz are developing Java versions to serve this set of customers who would slowly mature on a technology adoption curve and shortly become Smartphone users. Mobile phones are not just voice any more, they can deliver over and above one's imagination. Gesture control, robotics, connected homes, navigation, task management, virtual wallet and what not. Mobiles have not just impacted lives personally but much more professionally. Workplaces have not remained intact of this mobile revolution.
MicroStrategy, a leading BI tool is relentlessly betting on mobile Business Intelligence Apps. Saylor who is the founder of MicroStrategy has also written a book called “The Mobile Wave: How Mobile Intelligence Will Change everything” and I believe that it’s Saylor’s vision on the Mobile technology that has made MicroStrategy to grow on the Mobile Side. The Mobile App Platform transforms business intelligence reporting from paper or the desktop, to the mobile device. Workers are no longer chained to their desk or reliant on paper-based documents that are obsolete by the time they reach their target audience. This is a leading innovation, imagine your organization printing dozens of stock ledger reports every day and maintaining those paper copies. This caused a lot of wastage of resources; not even that imagine you as a CEO of a company who is scrolling through those pages every day. A complete transformation in people’s lives by what I call the 3E’s; Everyone, Everything, Everywhere. There is a big moat for BI companies in Mobile Advertising. Market penetration has significantly increased with the Mobile era. As an example of mobile Internet growth, you could see that increasing number of people use their mobile and tablets rather than their personal computer to connect to the Internet. Mobile business intelligence application can take huge benefit from this considering a lot of companies earn their revenue through advertisements. These companies become the ideal customers for Mobile BI as they would be interested to see such analysis. In this way Mobile is helping them with new opportunities to reach out engage and connect to more people; in highly relevant contexts and environments. However, there is a big problem visavis opportunity in mobile advertising. Facebook, which now has 60 percent of its login from mobile and tablet devices, is limited to small screen for its ad revenue. Hence, in order to boost their income many small app development companies will be in a dire need of more targeted marketing. Mobile analytics companies, such as MicroStrategy, can have a unique selling proposition here by creating a lot of values for application developers
Mobile applications provide functionality that is unmatched by paper or a web browser. Smartphone’s and tablets allow Internet and its digital affordances to flow into every hand, everywhere, in every circumstance. MicroStrategy has created some really amazing apps for IOS and Android users. They also have a program called ‘Mobile Quick strike’ for 10 days where they would come up with a fully functional app. It gives customers confidence in the overall strength of the tool. 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. Having worked on different reporting platforms, I feel that MicroStrategy holds a distinct advantage by making most of the out of box functionality directly available to its users in a lucid development framework. MicroStrategy Mobile platform supports distributed development for many developers to work on a project at a given time. Most of the objects are reusable and their definition can be reused across different business areas. For any BI tool, the ease of use is very important along with the sophisticated analytics which can be presented using the best visualization framework. It has become very important for a BI tool to analyze these enormous data volumes in the best representable format. Data visualization is driving demand in the business intelligence (BI) market because it's intuitive and accessible to business users who aren't schooled in query languages or statistical analysis. MicroStrategy Mobile has a strong stand in these areas due to a large number of visualizations in their library. This separates MicroStrategy Mobile, as a tool, for visual exploration from other competitors.
MicroStrategy Mobile can be a big game changer in all the Market areas. For instance imagine yourself shopping in Walmart, when you do the transaction an E-commerce software would capture the data which would then be processed using some ETL tool to create sophisticated analysis for Business Users. You might end up filling some consumer experience survey which would then be manually fed into some application for capturing consumer trends information. With the birth of this Mobile Intelligence imagine how all of this can be transformed using a single solution MicroStrategy BI. A transaction report replacing the E-commerce software in retail sector for every point of sale, an automated report to take surveys in iPad. This is a more engaging and interactive consumer experience and provides increased speed of delivery of actionable business information. This example can very well be related for an everyday customer and can be termed as everyday BI.
For organizations like Banks that have data security as their prime focus. Everyone wants to have access to the data they need at all times, from any location, in order to make real-time decisions. While this is appealing it poses security and other troubles for tools to provide the level of access. MicroStrategy mobile App development framework gives you power to develop and deploy “In House” Organization specific apps. This is a big step towards data control and security as only employees would be able to see the critical data. For sectors like healthcare imagine a doctor taking advantage of this cutting edge technology on their iPad to study the current disease and medicine trends. His decision makes a big impact on the patient’s life.
Now the interesting question why this Mobile BI is a very hot topic and why do you think MicroStrategy Mobile BI standout? The answer is simple, till now ease of use for end user was always the priority for BI tools and the reason smart phones and tablets are becoming so popular is because even a 4 year old kid could operate them. Hence the bottom line is the interface should be unique and simple which MicroStrategy Mobile pretty much achieved and is the reason for their success in this particular area.
Easy to develop new reports, easy to change metadata layer
We automatize daily management reporting, ad hoc reporting, and schedule reporting with fix structure
Web interface has to be more quick-response and user friendly. There is a desktop application that is still used. Creation of a report with complicated structure (documents) is not easy.
5 years
No
No
Yes, sometimes web-application works unstable with big amount of data (it's not actually the big problem for the most cases but if you need few hundreds of thousands records - there could be an issue)
We have good support from consultant company and we don't works directly with a vendor.
Technical Support:Same answer as above question.
Microsoft Excel (power pivots). Microsoft is the easiest and the more user friendly especially for beginners in the simple edition (pivot table). We don't use Microsoft BI products like report and analysis services - I can't estimate how they are easy to use and powerful.
Independently from the tool, initial setup is always complex. Usually complexity depends on the scope of the project. Few reports and 1-2 datamarts this one thing, plug-in data warehouse to the reporting - another.
Initial implementation was with consultancy, further - in-house. Consultant was good, at least they was more skilled as we were in the particular area.
The most expensive position is license cost. It is very expensive so this one of the reason why we can't expand the solution more widely in the company.
Microstrategy was the first our mature BI solution in the company. IBM Cognos BI was the next but it didn't get a lot of fans. IBM Cognos BI from our opinion is weaker in many places and not so handy.
Nice easy to use product, I can advise to use it for others.
General advice (not depends on the particular product), implementation of BI tools MUST be a general company strategy. Implementation has to cover significant part of the reporting and everyone who need a reporting has to use it. - in this case you will get benefit from reporting unification and control over new reports growing.
There is in the company has to be developed reporting creation rules (who are allowed doing what and there it's can be located - public or private)
BI team has to be fully responsible for reporting environment including testing and describing reports in the public area. BI team in the company has to be created with dedicated analysts who are responsible for making analysis of the reporting requirement from other people and make internal in-house support for the users
BI team MUST have rights not to make reports (at any level of complexity) but make changes and develop metadata layer as well in the BI, - that is very important, otherwise you will have "armless BI".

thanks for the great information on visual data & bigadata