MicroStrategy -Powerful enterprise BI tool, can you handle it?
December 01, 2020

MicroStrategy -Powerful enterprise BI tool, can you handle it?

Dharmesh Shah | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Software Version

Analytics Enterprise

Overall Satisfaction with MicroStrategy Analytics

MicroStrategy is being implemented for our customers. I'm doing consulting assignment to plan design, architecture, blue prints and best practices to be followed

Pros

  • Strong semantic layer to define all the business rules and tightly coupled
  • MicroStrategy Analytics cubes are easy to create and deploy
  • MicroStrategy Analytics cubes performance is best in the industry from performance point of view
  • Slice and dice features are awesome
  • You can define hierarchy, drill up and drill down within data set
  • SDK for Customizing Analytical Applications means you can leverage metadata
  • Embedding Analytics with MicroStrategy REST API
  • Data Mining and Predictive Analytics

Cons

  • MicroStrategy Analytics desktop support waterfall model
  • Modern BI tools prefer agile methodologies
  • Correlating unstructured data sets gets challenging
  • Faster ROI through reduced implementation cycle
  • Improved quality of yield and throughput
  • Reduced equipment downtime
  • Reduced production cost
  • Long-term strategic management of production assets
  • Enhanced operational efficiency
  • Precise machine failures predictions
  • Standardized & optimized data repository resulting in better pricing strategy and increase in revenue & profitability
  • Better decision making capability and efficient on-boarding of end users through a near real-time reporting platform
  • Four major investor segmentation reports for frontline staff to get complete view of investors
  • Transformation from a Product centric organization to a Customer centric organization to become a True Global Consumer Bank

Do you think MicroStrategy Analytics delivers good value for the price?

Yes

Are you happy with MicroStrategy Analytics's feature set?

Yes

Did MicroStrategy Analytics live up to sales and marketing promises?

Yes

Did implementation of MicroStrategy Analytics go as expected?

Yes

Would you buy MicroStrategy Analytics again?

Yes

MicroStrategy Analytics's overall usability benefits
  • Proactive decisions
  • Customer satisfaction
  • Competitive advantage
  • Continuous accuracy benchmarks
  • Customized Retail service
  • Fact-driven decision making
  • Sales profile overview
  • Trend analysis
  • Reduce gap between expected and actuals

Good user community. Support team is available if you are under AMC. You get decent support after raising the support ticket. If it is product bug they will inform you and let you know which patch will resolve the same.
We are delivering MicroStrategy Solutions since 2007. MicroStrategy Analytics is the enterprise reporting tool.
[We are a] MicroStrategy Global Consulting Partner, dedicated CoE for MicroStrategy and project Implementation across multiple domains.
Innovations:
Periscope: Retail Analytics Solution
Geolytik: Our framework for Geo Spatial Analytics
Galileo Machines: A ready to deploy dashboard
Lendics: Security Lending Analytics

Galileo Machines – Advance Analytics Solution for Manufacturing benefits
-Enhanced operational efficiency
-Precise machine failures predictions
-Faster ROI through reduced implementation cycle
-Improved quality of yield and throughput
-Increased profitability of the plan
-Reduced equipment downtime
-Reduced production cost
-Long-term strategic management of production assets

MicroStrategy Analytics Feature Ratings

BI Platform ()
Not Rated
Supported Data Sources ()
Not Rated
8.7
Pixel Perfect reports
8
Customizable dashboards
9
Report Formatting Templates
9
8.8
Drill-down analysis
9
Formatting capabilities
9
Integration with R or other statistical packages
8
Report sharing and collaboration
9
8.8
Publish to Web
8
Publish to PDF
9
Report Versioning
9
Report Delivery Scheduling
9
Delivery to Remote Servers
9
9.3
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Location Analytics / Geographic Visualization
9
Predictive Analytics
10
9.5
Multi-User Support (named login)
8
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
10
9.0
Responsive Design for Web Access
9
Mobile Application
9
Dashboard / Report / Visualization Interactivity on Mobile
9
8.8
REST API
9
Javascript API
8
iFrames
9
Java API
9
Themeable User Interface (UI)
9
Customizable Platform (Open Source)
9

Using MicroStrategy Analytics

450 - Galileo Machines – Advance Analytics Solution for Manufacturing benefits
150 - 

MicroStrategy BI tools implementation and support skills needed

  • MicroStrategy Intelligence Server
  • MicroStrategy Architect
  • WEB SDK
  • Visualization SDK
  • Customizations Explorer
  • MicroStrategy Narrowcast Server
  • MicroStrategy Office
  • Intelligence Cubes
  • Mobile Integration

  • Global Financial Services Institution -Standardization of Open Collateral Application
  • Largest Home Improvement Specialty Retailer -Pricing Analytics
  • Leading Financial Group in Canada -Investor MDM & Analytic
  • US Based Global Bank -Generating 360°view of Customer
  • SMR Self-service- Consolidated 1400+ Senior Management Reports (SMR) documents into 8 document using MSTR MTDI Cube Feature, thus reduced development effort as well as 50+ SMR cubes reduced to 1 cube (99% reduction). SMR SS – Functionality is in Production in June enables users can build and customize, save their own reports.
  • Periscope (Retail analytics) is a predictive data mining accelerator that caters to Retail industry addressing various facets viz. sales profile, customer churn by mapping regression model to dashboard thus better understanding shoppers.
  • This framework is aimed to increase the analytical capabilities of the P&C insurance companies through creating a DWH by integrating various source data with geo spatial information. The integrated DWH with geo coordinates helps in managing natural catastrophes and improved underwriting analysis by creating reports and computing KPI's.

Evaluating MicroStrategy Analytics and Competitors

  • Advisor recommendation
  • Implementation support
  • Reduction in time-to-market for new campaigns
  • Error Reduction in customer Identification
  • Reduction in On-Boarding processing
  • Improved Underwriting Analysis by creating reports and computing KPI's

Purely depends on the business requirement and need of the hour

MicroStrategy Analytics Implementation

We measured following KPI for the success
  • Increase in Business Feeds Loads
  • Reduction in Controllers Manual Work.
  • Conversion of Manual Work into Systematic Workflows.
  • Increase in Customer Spend
  • Reduction in Service costs
  • Reduction in time-to-market for new campaigns
  • Increase in cross sell and Up sell
  • Error reduction in customer Identification
  • Existing client retained

  • Implemented in-house
Change management was minimal - Better plan and prioritize the deliverables
  • Data Modelling
  • Project Architecting needs to plan properly

MicroStrategy Analytics Training

  • Online training
Microstrategy team is very helpful to support us with the webinar and resolve open queries.

Configuring MicroStrategy Analytics

You need the right skills to configure and to do Data Modelling
Yes, we have created best practices and lesson learnt for configuring MicroStrategy Analytics used by our team
No - we have not done any customization to the interface
No - we have not done any custom code
Yes, we have created best practices and lesson learnt for configuring MicroStrategy Analytics used by our team

MicroStrategy Analytics Support

ProsCons
None
None
Yes - Premium supports give you access to latest service packs and knowledge base
On demand webinars and in-person seminar for the topics we needed. Support to resolve technical hurdles to make implementation successful.

Using MicroStrategy Analytics

ProsCons
Like to use
Easy to use
Well integrated
Quick to learn
Feel confident using
Requires technical support
Inconsistent
Cumbersome
Lots to learn
  • Highly accurate customer and transaction data helped client comprehend and react to paradigm shifts, and maximize profit or minimize loss
  • Created Central information store with powerful analytics capability
  • Useful for due diligence processes or to detect potential fraud
  • Designed to accommodate and manage change
  • Streamlining and Automation of business processes for greater efficiency
  • Data Modelling
Yes - Support good mobile user interface. We have given our users access to the dashboard on mobile

MicroStrategy Analytics Reliability

MicroStrategy PreSales team is awesome
You need to plan for hardware sizing properly to get best performance

Relationship with MicroStrategy

Prompt and positive response received when our team needed

MicroStrategy Pre-Sales team is awesome. Pleasure working with them.

License cost

Upgrading MicroStrategy Analytics

Yes - Yes, upgrade was seamless. You need the right skills for the same.
  • Access to the latest service pack features
  • Innovation
  • Collaboration
  • Artificial Intelligence

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