MicroStrategy is trying to aggressively get back on track. We have tremendous technologies and we're trying to address any concerns people have with our business. Since then it has also signed up new partners and launched an online store where customers can evaluate and purchase the company's electronic-business software applications. The company is also expanding its target audience for its products to woo small and midsize businesses, which the company has not tapped in the past. And on Wednesday, the company is launching its newest software update, MicroStrategy Electronic Customer Relationship Management 7.
Analysts say the restructuring is good for the company.
But they didn't get to where they were without stellar technology and marketing. Dan Vesset, an analyst at International Data Corp. in Framingham, Mass., said if MicroStrategy follows through with the staff reductions in administration and keeps its hands off the research and development staff, then the restructuring won't hurt the continued development of its products. Peter Urban, an analyst at AMR Research Inc. in Boston, said MicroStrategy is now heading in the right direction by finally getting its expenses under control. You have to turn a profit or you're just going to burn through your cash. Computerworld Inc. All rights reserved.