On April 25th, enterprise application company Infor announced that it planned to acquire Birst, one of the leaders in the standalone Cloud BI world. Birst is expected to remain as a standalone solution and Infor will become Birst’s largest ISV as Birst becomes the analytic back-end for Infor-based applications. Amalgam Insights (AI) finds this to be interesting based on our long history of analyzing Birst.
tl;dr: in the world of 2017 where these practical BI issues still reign supreme, a practical Michael Saylor has shown up to preach on MicroStrategy’s capabilities. Both the stock market and MicroStrategy competitors should take notice.
On April 19th, MicroStrategy World 2017 had its executive keynote session in DC. I’ve attended MicroStrategy (NASDAQ:MSTR) World in the past as an industry analyst and was interested in seeing how the keynote would come across from afar as an Amalgam Insights (AI) Principal Investigator.
The keynote started with an introduction by CMO Mark Gambill and an interesting demonstration of MicroStrategy Usher being used to track attendee movement across the exhibition hall.
Accounting has often been called the language of business and it is invaluable in managing the day-to-day financial costs, inputs, outputs, and outcomes associated with business activity. However, as companies start to understand the impact that non-financial drivers ranging from manufacturing outputs to headcount to service transactions to asset utilization rates affect the health of the business, executives have had to broaden the scope of considerations needed to track the health of the company.
As they have done so, businesses have had to shift even their financial departments to focus not just on dollars and cents, but to production units, employees, transactions, uptime, turnover, and loyalty. In doing so, the language of business has started to shift from accounting to a new paradigm of data.
Today, data is the language of business.