Steton Offers Enhanced Reporting and Analysis Capabilities for Food and Hospitality Industries with MicroStrategy

VIENNA, Va., Nov. 16, 2010 /PRNewswire/ -- MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that Steton® has embedded MicroStrategy into its Steton 360 Enterprise Edition performance management software for enhanced analytical capabilities. Steton is a leading provider of web-based performance management software for the food, hospitality, retail, and related industries.

Steton 360 Enterprise Edition is used by leading brands to monitor and report on quality, compliance, and brand performance through centralized compliance measurement and tracking. Steton embedded MicroStrategy into its Steton 360 Enterprise Edition software to enable customers to analyze large volumes of data with greater ease and transparency. With MicroStrategy, Steton customers can proactively identify trends to correct or modify processes, and slice and dice the data for more detailed analyses of performance specifications and audit criteria.

Steton 360 Enterprise Edition is a highly secure and scalable Software-as-a-Service (SaaS) solution. Steton selected MicroStrategy for its high performance BI platform, powerful analytics, customization capabilities, and flexible pricing options, including a SaaS pricing model.  

"We are committed to increasing value for our customers," said Steven Caplin, President and CEO of Steton. "We evaluated several business intelligence vendors and found that MicroStrategy was an excellent fit for our customers' reporting requirements, with its extensive feature set, flexibility, and scalability for terabytes of data."

"MicroStrategy is delighted to work with Steton on its new solution that enables food service companies to drill into their data for actionable insights," said Sanju Bansal, MicroStrategy's Chief Operating Officer. "Companies that offer a SaaS model find MicroStrategy is well-suited for their BI requirements with its scalability, open platform for customization, flexible pricing, and security capabilities."

About Steton

Steton improves financial performance by driving operational excellence in quality, regulatory and brand delivery. An industry leader since 1997, Steton helps the most recognized brands in all industries achieve superior customer loyalty and investor value by providing actionable insight that drives continuous improvements in decision making, best practices and organizational learning.

Worldwide, Steton is deployed in over 85 countries and in 34 languages and used to measure brand delivery, compliance and operational conformance for nearly 40,000 restaurants, 23,000 hotel and resort properties, 13,000 grocery and general retail stores, and over 84,000 businesses serviced by independent and government audit service providers.

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 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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