MicroStrategy Recognized as a Leader for the Second Consecutive Year in Snowflake’s Modern Marketing Data Stack Report
October 23 2024 - 8:02AM
Business Wire
Report validates MicroStrategy’s vision for an
AI and BI platform that extends data insights to all employees with
joint solutions built on Snowflake’s Data Cloud
MicroStrategy® Incorporated (Nasdaq: MSTR), a pioneer in
AI-powered business intelligence, today announced that it has been
recognized as a leader for the second consecutive year in
Snowflake’s annual report: The Modern Marketing Data Stack 2025:
How Leading Marketers Are Thriving In a World Redefined By AI,
Privacy and Data Gravity. Additionally, MicroStrategy was honored
by Snowflake as its EMEA Data Cloud Product Acceleration Partner of
the Year on Oct. 9, an award that recognizes MicroStrategy’s
ability to create rapid growth for customers in collaboration with
Snowflake.
In its report, Snowflake analyzed usage patterns of more than
9800 customers to identify the technology vendors that
organizations consider when building their marketing data stacks.
The company’s extensive research shows that customers are adopting
solutions from a rapidly changing ecosystem. For analytics and BI
vendors, MicroStrategy stood out as a leader among Snowflake’s
customers. MicroStrategy's leadership is recognized by thousands of
the largest, best-known brands in the world for delivering
pervasive analytics at scale. MicroStrategy goes beyond simple
dashboarding and embedded analytics to expand access to AI-powered
analytics beyond senior management and into the hands of employees,
partners, and customers.
The University of Auckland, a New Zealand institution of higher
learning with more than 45,000 students, deployed MicroStrategy ONE
earlier this year. MicroStrategy ONE connects to Snowflake’s Data
Cloud Platform/ Snowflake’s unique elastic compute and storage
architecture, which has reduced data loading and query times and
eliminated the resource constraints from legacy technologies.
Business users now have secure access to all the data they need to
drive innovation and value.
“MicroStrategy's modern and user-friendly platform will empower
our staff and faculty to make data-driven decisions with greater
ease and efficiency,” said Jason Mangan, Chief Digital Officer at
the University of Auckland. “This shift to the cloud will also
ensure greater scalability and agility as our data needs
evolve.”
MicroStrategy was the first BI vendor both to release a
cloud-native platform and to integrate it with GenAI. With
MicroStrategy ONE®, employees from the C-suite to the frontline can
easily inquire about data and insights using natural language to
get a response that’s immediately useful and understandable. In
this way, the entire company can make rapid, data-driven decisions
to accelerate growth.
“Snowflake’s recognition of MicroStrategy as a leader two years
in a row and their recognition of MicroStrategy as the EMEA Data
Cloud Product Acceleration Partner of the Year both underscore the
value we both bring to our enterprise customers with our AI-powered
analytics and Snowflake’s data cloud as a joint solution,” said Mel
Zeledon, EVP of Alliances and Transformation at MicroStrategy. “Our
AI capabilities and cloud-native solutions bring data and insights
to every corner of a company, enabling smarter, faster decisions.
We’re very proud to be included in the report yet again.”
To read the full report, visit
https://www.snowflake.com/the-modern-marketing-data-stack-report/.
About MicroStrategy Incorporated
MicroStrategy (Nasdaq: MSTR) considers itself the world’s first
Bitcoin development company. The MicroStrategy software business
develops and provides industry-leading AI-powered enterprise
analytics software that promotes our vision of Intelligence
Everywhere™. Our flagship cloud-native platform, MicroStrategy ONE,
is trusted by the most admired brands in the Fortune Global 500 to
drive business agility, efficiency, and revenue. We also use our
software development capabilities to develop Bitcoin applications.
We believe the combination of our operating structure, bitcoin
strategy and focus on technology innovation provides a unique
opportunity for value creation.
MicroStrategy, MicroStrategy ONE, and Intelligence Everywhere
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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Jeff Miller Market Street Group 541-207-6413
microstrategy@marketstreetgrp.com
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