Lowe's to expand deployment of MicroStrategy to support new BI applications

Lowe's Companies, a home improvement retailer, plans to expand its deployment of MicroStrategy to support new business intelligence applications for its store management.

Lowe's currently has a number of MicroStrategy-based business intelligence (BI) applications that support employees across a variety of business functions. These applications are used to improve decision making, enhance productivity, and provide service to customers. Lowe's plans to expand its BI environment by providing store management teams with access to key reports and business metrics.

Current MicroStrategy-based BI applications at Lowe's include Data Access and Reporting Tool, which provides employees with insight into key performance metrics. Lowe's employees use the data to manage inventory, improve margins, review market specificity, and identify sales opportunities.

Lowe's also uses BI to track store items against transaction records to assist in the management of stock levels at its stores. In addition, Lowe's uses BI to help its suppliers and vendors monitor the performance of its products.

Sanju Bansal, COO of MicroStrategy, said: "Lowe's BI applications are some of the most robust and demanding in the industry, and we are pleased to have supported Lowe's BI initiatives for the past decade. MicroStrategy's intuitive, web-based user interface is well-suited for Lowe's store management applications. Our user-friendly reporting capabilities and dashboards empower business people to create their own reports for seamless access to the information they need."

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