FAMIQ Deploys MicroStrategy for Sales Analysis, Inventory Management, and Demand Planning

MCLEAN, Va., May 18 /PRNewswire-FirstCall/ -- MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that FAMIQ relies on its high performance MicroStrategy applications for sales analysis, inventory management, and demand planning. With a presence in the Argentine market for more than 50 years, FAMIQ is a market leader in the production and commercialization of stainless steel coils and sheets, tubes, pipes, and fittings.

FAMIQ uses MicroStrategy to analyze the sales of its over 30,000 products across branches and product lines, enabling management to make well-informed sales forecasts and product pricing decisions. Business users at FAMIQ consistently achieve fast response times, with reports and dashboards typically running in 5 seconds or less. With rapid access to MicroStrategy reports and dashboards, FAMIQ's management can react quickly and make informed decisions that can reduce costs and maximize revenue. In addition, it enables FAMIQ's business users to provide customers with quotes as quickly as possible to maintain a competitive edge. FAMIQ credits its high performance to its finely-tuned SAP BW environment, running on a 64-bit operating system, along with MicroStrategy's efficient caching capability and tight integration with SAP BW.

By analyzing sales and marketing data, FAMIQ also assesses inventory levels and demand for its products. With this information, FAMIQ is able to budget more effectively when importing steel and other materials to meet the demands of its thousands of customers and to reduce unnecessary expenses. FAMIQ executives, managers, analysts, and other employees perform analysis using MicroStrategy dashboards and hundreds of reports.

"The most critical factor for our organization is the speed with which we can react to the needs of the business," said Santiago Allande, Chief Information Officer, FAMIQ. "MicroStrategy enables our executives and other business users to run reports and analyses within seconds, which in turn, allows our employees to make timely decisions that dramatically impact the business. Also, our high performance BI environment encourages the use of BI across the company, providing greater visibility into the business for more employees."

"We're proud that FAMIQ's BI environment is having a positive impact on its business," said Sanju Bansal, MicroStrategy COO. "Providing our customers with high performance business intelligence applications has been and always will be a top priority for MicroStrategy and is key to the ongoing success of our customers."

About FAMIQ

With a presence in the Argentine market of over 50 years, FAMIQ is the leading company in the production and commercialization of stainless steel coils and sheets, tubes, pipes and fittings.

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 ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy offers free reporting software that can be downloaded from its website, http://www.microstrategy.com/freereportingsoftware. More information about MicroStrategy (Nasdaq: MSTR) is available at 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.

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SOURCE MicroStrategy Incorporated

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