Rivermine Embeds MicroStrategy Technology Into Automated Enterprise Telecom Expense Management Solution
1 February 2006
MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that Rivermine, a leading provider of automated enterprise telecom expense management solutions, has entered into an OEM agreement with MicroStrategy. Rivermine has embedded MicroStrategy technology into its Rivermine(R) Clarity module, which provides reporting and drill-down analytics of an enterprise's telecom network expenditures and assets.
Rivermine's overall solution automates an enterprise's telecom lifecycle, including procurement, provisioning, inventory management, and invoice processing. By embedding MicroStrategy's business intelligence technology into the new Rivermine Clarity Reporting and Analytics Module, data gathered through such automation can be leveraged to enable corporations to make better and faster decisions about their voice, data, and wireless networks. Rivermine Clarity enables users to view, track, and analyze telecom spending and related asset information with a wide range of intuitive report styles and formats. The reports and dashboards are fully interactive through simple drag- and-drop features to build and export data.
"We are pleased to work with MicroStrategy and their industry-leading BI technology," said Mark Logan, CEO for Rivermine. "We have already had customers find hundreds of thousands of dollars worth of additional network cost savings within weeks of implementing the new Rivermine Clarity module."
"MicroStrategy is delighted to work with Rivermine on this exciting new telecom management solution," said Shankar Ganapathy, MicroStrategy's Vice President of Channels. "MicroStrategy's robust reporting and analysis functionality gives users the ability to drill into their telecom data and make more proactive, analytically-based business decisions."
About Rivermine
Rivermine is a leading provider of automated enterprise Telecom Expense Management (TEM) solutions. Rivermine's solution provides mega-million dollar impact to customers by automating the telecom lifecycle including procurement, provisioning, inventory management, and invoice processing. A privately held company, Rivermine caters to billion dollar enterprises and government organizations.
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 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 of MicroStrategy Incorporated, +1-703-770-1646, wcover@microstrategy.com; or Cindy Zhou of Rivermine, +1-703-995-6016, media@rivermine.com
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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