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Fully Integrated Offering Enables Organisations to Combine Performance Management and Business Intelligence to Maximise Effectiveness

Actuate Corporation (NASDAQ: ACTU), the leader in Business Intelligence, Performance Management and Reporting Applications, today announced the general availability of Actuate Performancesoft BI, a new offering that brings enterprise-class reporting to the market-leading Performance Management capabilities of Actuate Performancesoft Suite (which includes Actuate Performancesoft Views and Performancesoft Track). Actuate Performancesoft BI greatly simplifies the dissemination and analysis of Performance Management information by offering users interactive, intuitive reports that can be customised to meet their specific needs.

Without an effective synergy between their Performance Management and BI initiatives, companies risk instituting performance drivers that do not map back to the reporting they establish to measure the effectiveness of their processes. Alone, Performance Management describes practices, KPIs and strategy that drive individual behavior. Adding Actuate’s reporting capabilities to the Actuate Performancesoft Suite adds the information architecture to ensure individuals within the organisation better understand whether performance is progressing according to strategy, by aligning an organisation’s BI and Performance Management initiatives as closely as possible.

“Combining Actuate Performancesoft Suite with Actuate’s reporting capabilities makes for a powerful Performance Management solution not limited to a set of pre-built, proprietary reports,” said Steve Fluin, senior vice president, Worldwide Operations, Performance Management at Actuate. “We’re responding to the demands of our customer base and playing to the strengths of Actuate’s leading Web and spreadsheet reporting products as well as the Actuate Performancesoft Suite, to deliver a set of offerings that help companies give more people personalised insight into how they impact overall performance.”

Example Use Cases

Actuate Performancesoft BI enables users to drill down into transaction level data from a performance scorecard, helping users more closely align decision points and metrics established within Performance Management practice with business indicators such as revenue and resource allocation that are more typically analysed within stand-alone Business Intelligence applications. Performance data can be integrated with any data source such as ERP, CRM and General Ledger systems to provide a comprehensive picture of performance. Users can drill directly from the Actuate Performancesoft Suite to reports that include line item detail.

Companies can maximise their return on investment in the Actuate Performancesoft Suite by presenting performance information to a wider audience as interactive web pages and spreadsheets. Actuate Performancesoft BI combined with Actuate Performancesoft Suite allows customers to create web, Excel, PDF and print reports that show performance targets in a key area of the business. Web reports and spreadsheets can integrate data from Actuate Performancesoft Suite as well as other enterprise systems and are formatted to meet the specific needs of every user.

Built on Eclipse BIRT Foundation

Actuate Performancesoft BI marks the first integration of the company’s line of open source-based commercial products into Actuate’s Performance Management Suite. The reporting technology offered within Actuate Performancesoft BI is built using technology based on BIRT, the Eclipse Foundation’s Business Intelligence and Reporting Tools project, and as a result has the added benefit of being based on open, widely adopted standards.

Components and Availability

Actuate Performancesoft BI is available immediately. The initial offering consists of a set of report designers, interactive viewers and a star schema data mart.