A Comprehensive Guide to Buying MicroStrategy

Your Guide to buying the best MicroStrategy

Overview

MicroStrategy is a comprehensive business intelligence software suite designed to help organizations of all sizes improve their operations through data-driven decision making. This buying guide provides an overview of the features and capabilities of MicroStrategy, as well as tips on how to select the right version for your business needs. We'll discuss the various components of the platform, the types of data that can be analyzed, and the pricing options available. In addition, we'll provide step-by-step instructions on how to purchase and deploy MicroStrategy in your organization.

Key features

  1. Data Visualization Capabilities - Evaluate the degree of data visualization offered by MicroStrategy. Consider how this compares to your current solution and how it will meet your reporting and insight needs.
  2. Analytics and Insights - Check the analytics capabilities of MicroStrategy and the insights it can provide that will help in making decisions. Consider the types of advanced analytics and machine learning algorithms available.
  3. Integration with Existing Systems - Evaluate the degree of integration that MicroStrategy offers with existing systems. This includes processes like sharing data, centralizing workflows, and connecting with distributed databases.
  4. Security and Compliance - Understand the different security and compliance measures that MicroStrategy offers. Consider how it can ensure the safety of your data and protect against potential cyberattacks.
  5. Pricing - Consider the pricing structure of MicroStrategy and make sure it meets your budget. Check for additional fees or charges that may apply.
  6. Support - Analyze the support options available from MicroStrategy, such as customer service, help documentation, and tutorials. Consider how this will help you get up and running quickly.

See the most popular MicroStrategy on Amazon

Important considerations

Pros

  • Data Integration: MicroStrategy allows buyers to quickly integrate data from multiple sources and gain meaningful insights for their businesses.
  • Extensive Security: MicroStrategy provides comprehensive security features that protect data from unauthorized access.
  • User-Friendly: MicroStrategy offers user-friendly tools for creating customized visualizations and reports that help to quickly make decisions.
  • Flexibility: MicroStrategy allows users to customize their analytics and reporting solutions to fit their individual needs.
  • Scalability: MicroStrategy is a scalable, cloud-based analytics platform, allowing buyers to easily scale their analytics solution as their business grows.
  • High Performance: MicroStrategy offers high performance and fast query processing, allowing users to get insights quickly.

Cons

  • Cost: MicroStrategy is an enterprise-level software solution that can be costly to purchase, customize and maintain.
  • User-Friendliness: The software can be complex and may require extensive user training, making it difficult for non-technical users to quickly become proficient.
  • Integrations: The software does not natively support all the integrations that may be needed.
  • Customization: MicroStrategy does not provide as much customization options as some other enterprise solutions.
  • Scalability: The scalability of the solution can be limited depending on the hardware infrastructure available.

Best alternatives

  1. Tableau - Business intelligence platform that enables users to visualize data and create interactive dashboards
  2. Power BI - Microsoft-developed platform for data analysis and visualization
  3. Qlik Sense - Business intelligence platform for data discovery, visualization, and guided analytics
  4. Oracle Analytics - Cloud-based platform for collecting, organizing, and analyzing data
  5. IBM Cognos Analytics - Comprehensive platform for advanced analytics and data visualization
  6. SAP BusinessObjects - Comprehensive BI platform that offers data analysis and reporting capabilities

Related tools, supplies, and accessories

    MicroStrategy Express - a free version of MicroStrategy that provides basic functionality such as report and dashboard creation. MicroStrategy Analytics Desktop - a powerful desktop tool that lets users create interactive reports, dashboards, and other visualizations. MicroStrategy Library - an online repository of resources related to MicroStrategy, including tutorials, guides, and code examples. MicroStrategy Command Manager - a command-line tool for automating various tasks and customizing the MicroStrategy environment. MicroStrategy Server - a powerful server-side software package that provides comprehensive analytics capabilities. MicroStrategy Visual Insight - a powerful visualization tool that allows users to analyze data visually. MicroStrategy Mobile - an app for iOS and Android devices that allows users to access and interact with their MicroStrategy data on the go.

Common questions

  1. What features does MicroStrategy provide? MicroStrategy provides a wide range of features, including data discovery and visualization, reporting and analytics, predictive and prescriptive analytics, mobile intelligence, collaboration and sharing, cloud and hybrid support, and more.
  2. How much does MicroStrategy cost? The cost of MicroStrategy will depend on the type of deployment, the number of users, and any optional add-ons. Contact MicroStrategy or your sales representative for pricing information.
  3. What types of businesses can benefit from using MicroStrategy? MicroStrategy is suitable for businesses of all sizes. It is ideal for companies that need to analyze, report on, and visualize data, as well as companies that need to make decisions quickly and accurately.
  4. What type of customer support does MicroStrategy offer? MicroStrategy offers online support, phone support, and on-site support. They also offer training and development services to ensure that customers are able to get the most out of their MicroStrategy implementation.
  5. What types of data sources can be used with MicroStrategy? MicroStrategy supports data from relational databases, flat files, streaming data, cloud sources, and more. It can also integrate with third-party data sources, such as Salesforce, Twitter, and Google Analytics.
  6. How user-friendly is MicroStrategy? MicroStrategy is easy to use and is designed to be intuitive. Most users are able to start using the platform quickly, and there are lots of resources such as tutorials and online forums to help new users get up to speed.

Trivia

One interesting fact about MicroStrategy is that it was founded as an independent software company by two college students, Sanju Bansal and Michael Saylor, in 1989. Despite starting on a small scale, the company has gone on to become one of the leading business intelligence and data analytics companies in the world. Today, the company serves thousands of customers in over 70 countries and employs more than 2,500 people across the globe. This inspiring story of two college students who had a vision and were able to turn it into a successful business is a great example of entrepreneurship and determination. Source: https://www.microstrategy.com/us/about/

Disclaimer: This buying guide was not created by humans, and it is possible that some of it's content is inaccurate or incomplete. We do not guarantee or take any liability for the accuracy of this buying guide. Additionally, the images on this page were generated by AI and may not accurately represent the product that is being discussed. We have tried to convey useful information, but it is our subjective opinion and should not be taken as complete or factual.