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Bloor Research Honors Actuate with a Gold Award for Business Intelligence; Bloor's Business Intelligence Report Bestows a Gold Award on Actuate's Query and Reporting Capability; Scalability and Performance Also Hit the Mark
Business Wire, Sept 18, 2006
SOUTH SAN FRANCISCO, Calif. -- Actuate Corporation (NASDAQ:ACTU), the world leader in Enterprise Reporting and Performance Management Applications that empower 100% of users to achieve breakthrough corporate performance, today announced that Bloor Research, one of the world's leading IT research, analysis and consultancy organizations, (www.bloor-research.com) has honored Actuate with a Gold award in its Business Intelligence (BI) report for query and reporting capabilities. The Actuate platform also scored very well in both the scalability and performance evaluation categories which recognized the scale and performance of many Actuate implementations and their real-time capabilities.
Bloor Research's BI Bullseye was published in June 2006 and is an independent multi-dimensional model for comparative analysis of BI products. The report measures both the technology and the business to provide a set of weighted attribute scores that support optimal purchaser decision making. The author, Gerry Brown, is no stranger to the BI market having served most recently as head of marketing at MicroStrategy, and prior to that he was marketing director at Hyperion Solutions. Gerry's report on the BI market begins with a clear message, "The time to flirt with half a dozen vendors is over -- it is time to choose your long-term partner (or two) and get rid of the rest."
Actuate fared very well in this most recent BI market report, which featured the top 21 worldwide business intelligence vendors, achieving a much coveted Gold award for its query and reporting capabilities and featuring very favorably as an innovator in the performance, architecture and value for money Bullseye charts. The report confirms Actuate's strength in the financial services industry where 22 out of the top 25 Western European banks (Source -- The Banker, July 2006) are committed to Actuate's enterprise reporting platform. The report also underlines that Actuate is the only established BI vendor to embrace Open Source BI products. Actuate has made significant contributions to the development of the Eclipse Foundation's Open Source BIRT (Business Intelligence and Reporting Tools) project, and has integrated BIRT technology into the Actuate 9 platform as the foundation for the Collaborative Reporting Architecture.
Vincent De Gennaro is Actuate's VP of EMEA and is delighted with this Actuate Gold award. "It is testament to the performance, scalability and penetration of our software coupled with a vision to embrace Open Source BI ahead of our competition, which have positioned us so favorably in this Bloor Research Bullseye report. We have certainly contributed to the changing landscape of BI where usage patterns are being extended to mass adoption; where reporting and analytic capabilities are integrated directly within the applications that people use daily, and where open source frameworks are becoming the preferred frameworks for building applications." Vincent continued, "We are perfectly positioned to take advantage of these interrelated changes on the horizon of business intelligence as we know it."
About Bloor Research
Bloor Research improves business performance by guiding organizations on the effective development and use of information technology through independent and impartial research, analysis and advice. Strategic vision and tactical solutions are provided through Bloor Research's web-based publishing, events, and bespoke consultancy services. For more information please visit www.bloor-research.com .
About Actuate Corporation
Actuate Corporation is the world leader in Enterprise Reporting and Performance Management Applications that empower 100% of users to achieve breakthrough corporate performance. Actuate provides the most scalable, reliable, flexible and high-performing reporting capabilities for every application in the enterprise. Customers use Actuate to deliver information in context to users inside and outside the firewall as Performance Management and Customer Self-Service applications, managed spreadsheet applications and Java reporting applications.
Actuate has over 3,500 customers globally in a range of industries including banking, insurance, manufacturing, communications, and government. Founded in 1993, Actuate has headquarters in South San Francisco, Calif., with offices worldwide. Actuate is listed on the NASDAQ exchange under the symbol ACTU. For more information on Actuate, visit the company's Web site at www.actuate.com
Copyright(C) 2006 Actuate Corporation. All rights reserved. Actuate and the Actuate logo are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. All other brands, names or trademarks mentioned may be trademarks of their respective owners.
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