Societe Generale has chosen MicroStrategy, a worldwide provider of business intelligence (BI) software, as its Business Intelligence (BI) platform to replace its existing reporting tools. Reportedly, it will be used to provide consistent business data and a common view for all users, to respond to business requirements, and reduce operational costs.
It has been reported that Societe Generale has conducted a Proof-of-Concept (POC) evaluation, which allowed it to assess numerous BI solutions over a seven-month period. Societe Generale expects that 20,000 employees will benefit from the MicroStrategy platform. The company uses the BI platform to access diverse data sources for enterprise reporting, detailed analytics, dashboards, and ad hoc queries.
Jean-Louis Tribut, manager of the decision support division of Societe Generale’s IS department, said: The different activities that were involved in our POC approach included functional workshops and report and dashboard prototypes. MicroStrategy provided a solution that addressed our functional, technical, and global cost requirements.
Sanju Bansal, COO of MicroStrategy, said: We are delighted to welcome Societe Generale as a new MicroStrategy customer. The thorough POC evaluation process allowed us to demonstrate MicroStrategy’s fast time-to-value and low total cost of ownership, which is essential in today’s challenging economic climate.
