MicroStrategy and Workday Prism Analytics compete in the business intelligence and data analytics categories. Workday Prism Analytics demonstrates an upper hand in data integration and management due to its efficient integration with diverse data sources. However, MicroStrategy stands out for powerful analytics and reporting capabilities, ideal for analytics-centric enterprises.
Features: MicroStrategy includes capabilities such as data visualization, enterprise analytics, and mobile intelligence. Workday Prism Analytics offers seamless integration with Workday Human Capital Management and provides robust financial and HR analytics. While MicroStrategy supports multi-dimensional analytics, Workday Prism Analytics focuses on comprehensive data integration.
Room for Improvement: MicroStrategy needs to enhance its data integration processes and simplify its complex deployment. It could also benefit from reducing licensing complexity. Workday Prism Analytics should address its higher pricing, expand standalone analytics options beyond Workday integrations, and improve visualization capabilities to enhance user experience.
Ease of Deployment and Customer Service: Workday Prism Analytics is known for quick setup with a cloud-based model, offering superior customer support. In contrast, MicroStrategy provides both on-premises and cloud solutions, delivering flexibility but introducing complexity in deployment. The simplicity of Workday ensures fewer initial challenges, while MicroStrategy's versatility attracts organizations with specific infrastructure requirements.
Pricing and ROI: MicroStrategy necessitates a notable initial investment but delivers significant ROI with customization and analytics excellence. Conversely, Workday Prism Analytics, despite its hefty price, offers high value through seamless integration with Workday suites, ultimately justifying the cost over time. MicroStrategy presents a balance of affordability with high ROI for analytics-focused businesses, while Workday's pricing aligns with its extensive integration strengths.
| Product | Market Share (%) |
|---|---|
| MicroStrategy | 2.0% |
| Workday Prism Analytics | 1.6% |
| Other | 96.4% |
| Company Size | Count |
|---|---|
| Small Business | 37 |
| Midsize Enterprise | 26 |
| Large Enterprise | 100 |
Company: Founded in 1989, MicroStrategy (Nasdaq: MSTR) is a leading worldwide provider of enterprise software platforms. With direct operations in 26 countries worldwide and approximately 2,000 employees, our mission is to provide enterprise analytics, mobility, and security platforms that are flexible, powerful, scalable and user-friendly. To learn more, visit MicroStrategy online, and follow us on Facebook and Twitter.
Product portfoilio:
MicroStrategy 10 Secure Enterprise™ empowers leading organizations to analyze vast amounts of data and distribute actionable business insight throughout an enterprise through two distinct offerings: MicroStrategy Analytics™ and MicroStrategy Desktop™. MicroStrategy Analytics delivers reports and dashboards, and enables users to conduct ad hoc analysis and share insights anywhere, anytime, via mobile devices or the Web. It also combines the agility and productivity of self-service visual data discovery with the security, scalability, and governance features of enterprise-grade business intelligence. MicroStrategy Desktop is a standalone, on-premise visual data discovery tool designed to enable business users to analyze and understand their data. MicroStrategy Mobile™ enables organizations to rapidly build custom business applications that deliver analytics combined with transactions, multimedia, and custom workflows to mobile devices. MicroStrategy Secure Cloud™ combines all of the enterprise analytics, mobile, and security features in MicroStrategy 10 Secure Enterprise with powerful and scalable data integration, validation, and warehousing services — all delivered in an environment where organizations can deploy transformational analytics applications in minutes.
Usher, MicroStrategy’s breakthrough security solution, is a powerful mobile security platform designed to dematerialize traditional forms of identity verification (such as passwords, tokens, and physical badges) and replace them with a single mobile identity badge that is cryptographically linked to its owner’s smartphone and dynamically linked to an enterprise’s existing identity repositories. Usher works on standard Android and iOS smartphones, and also boasts an Apple Watch™ integration.
With Workday Prism Analytics, you can bring data in at scale from any source and prepare, analyze, and securely share it with your organization. The result? You gain all the insights you need to drive better business outcomes.
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