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 1 number of employees 2 065 worldwide 2 website www.microstrategy.com 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 3 in the business intelligence bi market . its primary business analytics competitors include sap business objects ibm cognos and oracle s bi platform . 4 5 microstrategy is headquartered in the washington d.c. metro area and has worldwide operations in 27 countries . 2 6 the ceo and chairman of the board of microstrategy is michael j. saylor the company s co founder . 7 8 the company holds 31 granted patents and 9 additional applications under review . 9 contents 1 history 2 products 2.1 product details 3 awards and recognition 4 references 5 external links history edit 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 . 10 the company produced software for data mining and business intelligence using nonlinear mathematics 7 an idea inspired by a course which that they took at mit . 11 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 . 10 in 1994 they moved the company s offices and its 50 employees from delaware to tysons corner virginia . 12 microstrategy had its initial public offering in june 1998 . 13 on its first day of trading the stock price doubled . 14 in 2000 microstrategy founded angel an ivr and voice application company . in march 2000 after a review of its accounting practices microstrategy announced that it would restate its financial results for the preceding two years 15 which resulted in an investigation by the u.s. securities and exchange commission . 16 a lawsuit was subsequently filed against microstrategy and certain of its officials over fraud . 17 in december 2000 saylor bansal and the company s former cfo settled with the sec without admitting wrongdoing by each paying 350 000 in fines . the officers also paid a combined total of 10 million in disgorgement . the firm itself was charged with a number of violations and settled with the sec by hiring an independent director to ensure regulatory compliance . 18 19 by the fourth quarter of 2003 the company added over 200 new corporate customers 20 and posted increased revenue for every quarter through the end of 2007 . 21 in 2007 and 2008 the company was named one of the 200 best small companies in america by forbes . 22 in 2009 the company introduced olap services with a shared data set cache to accelerate reports and ad hoc queries . 23 the relational nature of the olap services allowed users to drill down through the database to the transaction level detail . 24 in 2010 the company began developing and deploying business intelligence software for mobile platforms such as the iphone and ipad . 25 also in 2011 it expanded its offerings to include a cloud based service microstrategy cloud . 26 in 2013 microstrategy sold angel to genesys telecommunications laboratories for 110 million usd . 27 in january 2014 the company announced a new feature of the platform called prime parallel relational in memory engine co developed with facebook . it is a massively parallel processing engine that the company said can support a data volume of 4.6 tb and 200 billion rows . 28 in may 2014 microstrategy announced the availability of its enterprise software platforms available via subscription on the amazon web services aws marketplace . 29 the company slashed saylor s salary from 875 000 to 1 in september 2014 at his request . 30 in october 2014 the company announced plans to lay off 770 employees . 31 in april 2015 microstrategy introduced enterprise security platform usher and debuted the usher software development kit . in june 2015 microstrategy announced the general availability of microstrategy 10 combining enhanced business intelligence functionality with data discovery mobile analytics and enterprise grade security . 32 in march 2016 . microstrategy 10 was showcased in the bi bake off a product face off that took place at the gartner business intelligence and analytics summit at the gaylord texan hotel & convention center in grapevine texas . 33 in september 2016 the company announced the general availability of microstrategy 10.5 the latest update to the company s microstrategy 10 platform . this feature release delivers the industry s latest drivers and gateways with new certifications to support more enterprise assets allowing organizations to easily leverage their data investments . 34 products edit microstrategy develops scalable enterprise software platforms . microstrategy 10 is the company s flagship product and it consolidates analytics and mobility on a single integrated platform available both as on premise software and as a hosted service offering in microstrategy cloud . it uses business intelligence and predictive analytics to search through and perform analytics on big data from a variety of sources including data warehouses excel files and hadoop distributions . 35 microstrategy 10 the current suite of software consists of microstrategy analytics microstrategy mobile and usher . the most recent major release of the software is 10.5 which was released in september 2016 . 36 microstrategy analytics developer s microstrategy stable release september 2016 10.5 september 15 2016 ; 26 days ago 2016 09 15 operating system microsoft windows type business intelligence license trialware 37 website www.microstrategy.com us platforms analytics overview product details edit microstrategy analytics allows large organizations to analyze vast amounts of data and securely distribute actionable business insight throughout an enterprise while also being able to cater to smaller workgroups and departmental use via microstrategy desktop . microstrategy analytics delivers reports and dashboards and enables users to conduct ad hoc analysis and share insights via mobile devices via microstrategy mobile or the web via microstrategy web . it also combines the agility of self service visual data discovery with the security scalability and governance features of enterprise grade business intelligence . microstrategy analytics is available both as on premises software and as a hosted service offering in microstrategy cloud . 38 microstrategy mobile introduced in 2010 is a software platform integrating analytics capabilities into mobile business apps for the iphone ipad android and blackberry . it allows improved transactional efficiencies and easier access to intelligence data without needing to reformat the data for different platforms . 28 apps using it can deliver business intelligence and transactional data derived from their existing data sources including data warehouses erp crm and other information systems . 39 usher is a digital credential and identity intelligence product that offers a secure convenient way for organizations to control digital and physical access . by replacing physical badges and passwords with secure digital badges usher is able to generate critical information on user behavior and resource usage that can be used to make organizations more productive and secure . 40 41 usher s technology architecture incorporates the use of three factor authentication out of band channels time limited codes and bidirectional public key infrastructure encryption . 42 awards and recognition edit in 2011 apple recognized microstrategy s ios app as one of the best business apps of the year . 43 in 2012 the business application research center barc ranked microstrategy first overall in mobile bi in the bi survey 12 . 44 also in 2012 information management named microstrategy one of the forty vendors we re watching for its ability to understand new business trends . 45 references edit investor relations . microstrategy . 26 january 2016 . retrieved 9 may 2016 . a b microstrategy announces second quarter 2016 financial results . microstrategy.com . retrieved 21 september 2016 . juan carlos perez 21 january 2008 . customers trust microstrategy s independence . pcworld . retrieved 26 january 2013 . chris kanaracus 19 april 2011 . microstrategy takes aim at self service bi . retrieved 8 february 2013 . cindi howson 14 february 2013 . microstrategy doubles down on mobile data visualization . informationweek . retrieved 8 march 2013 . contact us . microstrategy.com . retrieved 8 february 2013 . a b harry jaffe 1 march 2000 . the seven billion dollar man . the washingtonian . retrieved 25 january 2013 . leadership . microstrategy.com . retrieved 1 february 2013 . patents by inventor michael j. saylor . justia.com . retrieved 9 may 2016 . a b jeff glasser 15 july 1996 . from the ground up and up . the washington post . retrieved 26 january 2013 . chuck salter 31 march 2000 . people and technology microstrategy inc. . fast company . retrieved 25 january 2013 . mark leibovich 6 january 2002 . microstrategy s ceo sped to the brink . the washington post . retrieved 27 january 2013 . initial public offerings key data . nasdaq . 11 june 1998 . retrieved 27 january 2013 . david a. kaplan 12 july 2012 . michael saylor microstrategy s boy king grows up . fortune . retrieved 8 february 2013 . david s. hilzenrath 22 march 2000 . for microstrategy a matter of timing . the washington post . retrieved 29 january 2013 . david s. hilzenrath 14 april 2000 . sec investigating microstrategy . the washington post . retrieved 29 january 2013 . microstrategy chairman accused of fraud by s.e.c. . december 15 2000 . retrieved jul 11 2013 . debra lau 18 december 2000 . forbes faces michael saylor . forbes.com . retrieved 25 january 2013 . david s. hilzenrath 15 december 2000 . saylor associates settle fraud charges . the washington post . retrieved 29 january 2013 . catherine yang 8 february 2004 . microstrategy s second wind . businessweek.com . bloomberg . retrieved 25 january 2013 . kim hart 1 february 2007 . software company s strategy pays off . the washington post . retrieved 25 january 2013 . the 200 best small companies . forbes . 8 october 2008 . retrieved 27 january 2013 . microstrategy launches in memory analysis engine . information week . 2014 02 14 . retrieved 2014 02 19 . microstrategy . techtarget.com . 2010 02 14 . retrieved 2014 02 20 . alex kayle 7 july 2010 . ipad spells end for traditional bi . itweb . retrieved 25 january 2013 . cindi howson 31 january 2012 . microstrategy cloud social and mobile bets pay off . informationweek . retrieved 14 may 2013 . microstrategy to sell angel.com unit to genesys for 110m . a b microstrategy rolls out analytics solutions for cloud mobile information driven apps . integration developer news . retrieved 2014 02 20 . microstrategy world 2014 saylor announces aws partnership and demos usher . krantz matt . why this ceo slashed his paycheck to 1 . usa today . retrieved 12 september 2014 . microstrategy slashes workforce by 20 percent . washington business journal . retrieved 2014 10 10 . microstrategy 10 promises enhanced bi with more governance security . microstrategy 10 showcased in