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RS Software Embeds MicroStrategy Technology into Custom Reporting Solution
Feb 18, 2010 (03:02 PM EST)
MCLEAN, Va., Feb. 18 /PRNewswire-FirstCall/ -- MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that RS Software, a business solution provider for payment card processors and networks, has entered into an OEM agreement with MicroStrategy and plans to embed MicroStrategy software into its RSIntellect solution.
RS Software offers a data analytics and reporting framework with reusable components to accelerate time to market. By incorporating MicroStrategy's reporting and analytical capabilities into the RSIntellect solution, RS Software will enable its customers to gain timely insights into vast amounts of data to help them improve operational performance, validate business strategies, maximize revenues, and make informed business decisions.
RSIntellect combines the power of MicroStrategy's reporting and analytical capabilities with its proprietary data model and business logic modules, which can be adapted for a specific business to help users derive useful business insights from their data. RSIntellect also provides a proprietary implementation methodology designed to reduce implementation cost and time, as well as future costs of system maintenance.
"Our customers, including executives with banks, credit card processors, and card networks, understand the value of the large volumes of data they collect and store," said Diana Adachi, President, RS Software. "With MicroStrategy as part of our RSIntellect solution, our customers will be able to quickly tap into this data and make analytically-based business decisions that can impact their bottom-line."
"MicroStrategy's scalable BI platform is used by leading financial services companies for detailed insights into financial performance, fraud detection, risk management, and credit card usage," said Sanju Bansal, MicroStrategy COO. "We are delighted to work with RS Software and provide enhanced reporting and analytical capabilities for the RSIntellect solution."
About RS Software
Founded in 1991, RS Software has created a unique niche in providing solutions to the Electronic Payments Industry that combine the distinctive value of the global execution methodology and the understanding of the payment transaction's entire lifecycle. RS' team of 700+ professionals globally works on delivering high quality solutions to the largest electronic Payment Network in the world, leading Processors, Acquirers and Issuers. RS' services include Consulting, Enterprise Application Integration, and Application Management Outsourcing.
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 ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy offers free reporting software that can be downloaded from its website, http://www.microstrategy.com/freereportingsoftware. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.
MicroStrategy and MicroStrategy Business Intelligence Platform are 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.
SOURCE MicroStrategy Incorporated