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Actuate Launches First World-Class Performance Management SaaS Offering, Actuate OnPerformance.


New Software-as-a-Service Solution Minimizes Risk and Cost Associated with Traditional Performance Management Application Deployments

SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif. -- Actuate Corporation (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:ACTU ACTU Australian Council of Trade Unions
ACTU AIDS Clinical Trials Unit (Washington University Medical Center, St. Louis, Missouri)
ACTU Association of Catholic Trade Unionists
ACTU Australian Capital Territory Union
), the leader in Business Intelligence, Performance Management and Reporting Applications, today announced the launch of Actuate OnPerformance, the first Software-as-a-Service (SaaS) solution from Actuate's Performance Management portfolio. For many years, organizations across industries have taken advantage of Actuate's Performance Management expertise and reputation for delivering easy-to-use applications to improve corporate performance. Actuate is now leveraging this know-how to extend choice to the growing number of organizations reluctant to purchase on-premise Performance Management software because of the prohibitive up front cost, enterprise-wide commitment and traditionally low adoption rates such deployments entail.

"It is common for Performance Management scorecard projects to take years from initial concept to implementation. Consequently, no real improvements in performance occur for a long time," said Mark Graham Mark Graham can mean:
  • Mark Anthony Graham, Canadian Olympic athlete and casualty in the War in Afghanistan
  • Mark Graham (rugby league footballer)
  • Mark Graham (diver)
  • Mark Graham (footballer)
  • Mark Graham (songwriter/musician)
  • Mark Graham (Geographer)
 Brown, author 'Keeping Score', Productivity Press. "Actuate's new deployment model will allow organizations to automate their new scorecard and metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM.  within a few weeks. By minimizing impact on IT departments, organizations can avoid many internal headaches and costs and actually begin managing with the new metrics in a timely fashion."

Actuate OnPerformance securely provides relevant Key Performance Indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action.  (KPIs) to managers who can positively impact performance. These KPIs are delivered without the encumbrance A burden, obstruction, or impediment on property that lessens its value or makes it less marketable. An encumbrance (also spelled incumbrance) is any right or interest that exists in someone other than the owner of an estate and that restricts or impairs the transfer of the estate or  of a lengthy application development and deployment cycle. The easy-to-use, web-based solution provides a flexible system to address specific methodologies such as Balanced Scorecard Balanced Scorecard

A performance metric used in strategic management to identify and improve various internal functions and their resulting external outcomes. The balanced scorecard attempts to measure and provide feedback to organizations in order to assist in implementing
, Malcolm Baldrige
People:
  • Howard M. Baldrige, Congressman from Nebraska
  • Howard M. Baldrige, Jr., United States Secretary of Commerce
Awards:
  • Malcolm Baldrige National Quality Award named after Howard M. Baldrige, Jr.
, as well as operational Performance Management initiatives. At the same time, OnPerformance helps to control the costs typically associated with traditional Corporate Performance Management deployments.

Actuate OnPerformance automates critical Performance Management processes that are typically inefficient, error-prone and incomplete, such as gathering performance information and commentary, as well as the production of regular Performance Management reports. It includes many of the same features as the Actuate Performancesoft Suite. For more detail on OnPerformance features, see http://www.actuate.com/products/performance-management/on-demand-pm/ index.asp. (Due to its length, this URL URL
 in full Uniform Resource Locator

Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program.
 may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

"Performance accountability can be hindered when IT organizations lack the time, resources or skills to implement an on-premise system," said Kevin Baum, principal, inCentergy Consulting Group. "The Software-as-a-Service model lends itself well to getting actionable information into the hands of the right people, to directly impact corporate performance. We think Actuate OnPerformance will help end-users to understand their own relationship to organizational goals, and how their work is improving performance day-to-day."

Actuate is uniquely placed to deliver the expertise and best practices needed to align customer KPIs with strategic goals and engage everyone in the process of Performance Management to ensure deployments run smoothly. With Actuate's professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  offering, organizations can perform as little or as much of the design, creation and management of the deployment as suits their needs or resources. Actuate's support options include database creation, population and support; facilitating discussions with key employees to create optimal design; tailoring reports and visualizations appropriate to the user community; and performing quality checks to ensure data accuracy, KPI KPI Key Performance Indicator
KPI Kuwait Petroleum International
KPI Kiev Polytechnic Institute (Ukraine)
KPI Kernel Programming Interface
KPI King Pin Inclination (vehicle steering geometry angle) 
 relevance and reliability. For more detail about OnPerformance Professional Services and Support plans, see http://www.actuate.com/services/consulting/performance-management.asp.

"We are on the cusp of a change that should have significant momentum in years to come. Anywhere from 17% to 23% of companies, depending on the PM investment area, would prefer a SaaS or on-demand purchase option." Source: John Hagerty, AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12.  Research, "BI and Performance Management Get Some SaaS," June 22, 2006.

"Most executives recognize the business benefits of a Performance Management discipline, but are forced to postpone the acquisition of a system until it fits into their capital budget, or are constrained con·strain  
tr.v. con·strained, con·strain·ing, con·strains
1. To compel by physical, moral, or circumstantial force; oblige: felt constrained to object. See Synonyms at force.

2.
 by the capacity of their IT department," said Richard Stark, director of Performance Management solutions at Actuate. "One of the core values of an on-demand solution is the speed with which applications can be deployed and put into production. Actuate OnPerformance enables organizations to employ Performance Management best practices immediately, without shouldering the burden of purchasing, installing and supporting any additional IT infrastructure. Furthermore, Actuate has over seven years of experience in successfully deploying and supporting hosted Performance Management applications for leading firms."

Terms and Availability

The subscription pricing for Actuate OnPerformance ranges from $60 per user, per month up to $120 per user, per month depending on terms of commitment. This service is available today. For technical details and more information on available support, please visit: http://www.actuate.com/ActuateOnPerformance or email OnPerformance@actuate.com.

To learn how to leverage world-class Performance Management using a SaaS delivery model visit: http://www.actuate.com/ActuateOnPerformance/whitepaper.

About Actuate Corporation

Actuate Corporation, the leader in Business Intelligence, Performance Management and Reporting Applications, enables organizations to develop solutions that optimize corporate performance. Applications built on Actuate's open source-based platform provide all stakeholders Stakeholders

All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government.
 inside and outside the firewall, including employees, customers, partners and citizens with information that they can easily access and understand to maximize revenue, cut costs, improve customer satisfaction, streamline operations, create competitive advantage and make better decisions.

Actuate has over 4,000 customers globally in a diverse range of business areas including financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 and the public sector. Founded in 1993, Actuate has headquarters in San Mateo, California San Mateo is a city in San Mateo County, California, in the San Francisco Bay Area. It is one of the larger suburbs on the San Francisco Peninsula, located between Burlingame to the north, Foster City to the East, and Belmont to the south. , with offices worldwide. Actuate is listed on NASDAQ under the symbol ACTU. For more information on Actuate, visit the company's web site at www.actuate.com.

Copyright (c) 2008 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.
COPYRIGHT 2008 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Jan 22, 2008
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