MicroStrategy Selected by LHS Aktiengesellschaft, Part of the Ericsson Group, to Support its Management Information System
September 16 2009 - 8:00AM
PR Newswire (US)
Global Reporting with Key Performance Indicators Provides Valuable
Insights into Business Performance MCLEAN, Va., Sept. 16
/PRNewswire-FirstCall/ -- MicroStrategy Incorporated (NASDAQ:MSTR),
a leading worldwide provider of business intelligence (BI)
software, today announced that LHS Aktiengesellschaft selected the
MicroStrategy Business Intelligence Platform to support its
management information system. LHS, part of the Ericsson Group with
17 subsidiaries in 11 countries, is a leading independent software
vendor (ISV) of billing and customer care systems in the telecom
industry. LHS plans to replace its internal Excel-based reports and
ad hoc analyses with an integrated and scalable MicroStrategy BI
solution. LHS management and the finance department will use
MicroStrategy-based dashboards and reports to gain easier and more
reliable access to financial and performance data. In addition to
providing an overview of business performance, the dashboards and
reports will track individual project figures. These figures will
be consolidated and managed in a set of worldwide Key Performance
Indicators (KPIs), which will provide a consistent set of data
across the business using MicroStrategy's central metadata
architecture. MicroStrategy's intuitive Web-based interface will
provide flexibility for LHS users on four continents worldwide to
create their own reports and analyses, and help them identify
issues in their local business areas. "After performing an
extensive vendor analysis, we are confident that we have selected a
BI platform that will provide us with a strong basis for our
reporting," stated Axel Barta, CFO of LHS Aktiengesellschaft.
"Reducing the large number of sources for our KPI system will allow
us to make quicker and more strategic decisions. MicroStrategy
offers clear value with its straightforward, self-service
interface. Reports can be created by the users, which reduces the
overall costs of the BI system." "We are pleased that LHS
Aktiengesellschaft selected MicroStrategy's integrated BI platform
to support its global reporting requirements," said Sanju Bansal,
MicroStrategy COO. "MicroStrategy's highly visual dashboards and
reports provide vital information that can help companies manage
performance in today's highly competitive business environment."
About LHS LHS Aktiengesellschaft, part of the Ericsson Group
(NASDAQ:ERIC), is a leading independent software vendor (ISV) of
billing and customer care systems in the telecom industry. The
company's award-winning solutions are used by the world's leading
network and virtual operators, to generate and manage consistent
revenue streams. LHS Business Support Systems offer full
convergence on various levels, supporting the complete range of
business models both across the mix of fixed and mobile services,
as well as prepaid and postpaid services. LHS builds innovative
systems that enable our customers to introduce new services fast,
helping drive revenues up, while keeping operational costs to a
minimum. LHS' headquarters are located in Frankfurt, Germany, with
main offices in Brazil, France, Malaysia, and the UAE. LHS
Aktiengesellschaft as the Group's Holding company is a public
company listed on the Frankfurter Stock Exchange (LHS400).For more
information, please visit http://www.lhsgroup.com/. About
MicroStrategy 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 advanced
technical capabilities, sophisticated analytics, and superior data
and user scalability. More information about MicroStrategy
(NASDAQ:MSTR) is available at http://www.microstrategy.com/.
MicroStrategy and MicroStrategy Business Intelligence Platform are
either 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. Contact: Wende Cover
MicroStrategy 703-770-1646 DATASOURCE: MicroStrategy Incorporated
CONTACT: Wende Cover of MicroStrategy, +1-703-770-1646, Web Site:
http://www.microstrategy.com/
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