Public | |
Traded as |
NASDAQ: MSTR S&P 600 Component |
Industry | Business intelligence and mobile software |
Founded | 1989 |
Headquarters | Tysons Corner, Virginia, United States |
Key people
|
Michael J. Saylor (Co-founder, Chairman of the Board, President and Chief Executive Officer) |
Products | MicroStrategy Analytics, MicroStrategy Mobile, Usher |
Revenue | $529.87 million USD (2015) |
Number of employees
|
2,065 worldwide |
Website | www.microstrategy.com |
Developer(s) | MicroStrategy |
---|---|
Stable release |
December 2016 (10.6) / December 19, 2016
|
Operating system | Microsoft Windows, Linux, AIX, Solaris |
Type | Business Intelligence |
License | Trialware |
Website | www |
MicroStrategy, Inc. is a provider of business intelligence (BI), mobile software, and cloud-based services. The company is based in the Washington, D.C. area and serves companies and organizations worldwide. Founded in 1989 by Michael J. Saylor and Sanju Bansal, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps. The software can be deployed in companies' data centers, or as cloud services.
MicroStrategy remains one of the few independent, publicly traded BI software providers in the business intelligence (BI) market. Its primary business analytics competitors include SAP Business Objects, IBM Cognos, and Oracle's BI Platform.
MicroStrategy is headquartered in the Washington, D.C. metro area and has worldwide operations in 27 countries. The CEO and chairman of the board of MicroStrategy is Michael J. Saylor, the company's co-founder. The company holds 31 granted patents and 9 additional applications under review.
Michael J. Saylor started MicroStrategy in 1989 with a consulting contract from DuPont, which provided Saylor with $250,000 in start-up capital and office space in Wilmington, Delaware. Saylor was soon joined by company co-founder Sanju Bansal, whom he had met while the two were students at MIT. The company produced software for data mining and business intelligence using nonlinear mathematics, an idea inspired by a course that they took at MIT. During this time period, the company experienced rapid growth. In 1992, it gained its first major client when it signed a $10 million contract with McDonald's, and increased revenues by 100% every year between 1990 and 1996. In 1994, they moved the company's offices and its 50 employees from Delaware to Tysons Corner, Virginia. MicroStrategy had its initial public offering in June 1998. On its first day of trading, the stock price doubled.