Independent Report Names Actuate the Strongest Current Offering in the Enterprise Reporting Market.SOUTH SAN FRANCISCO South San Francisco, city (1990 pop. 54,312), San Mateo co., W Calif.; inc. 1908. South San Francisco has several industrial parks; its manufactures include medical supplies and equipment, foods, paint, paper products, consumer goods, and clothing. , Calif. -- Independent Analyst Firm Recognizes Actuate as a Leader in Business Intelligence for Enterprise Reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place. Actuate Corporation (Nasdaq: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 world leader in Enterprise Reporting Applications, today announced that Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
Actuate was evaluated on 46 criteria against 12 vendors within the Enterprise Reporting space and outranked larger companies to lead as the strongest current offering. Vendor solutions must have strong scores in both the current offering and strategy dimensions to rank in the leader portion of the Forrester Wave. The Forrester Wave contains a wealth of objective information to guide companies toward informed product selection. Forrester created objective evaluation criteria for BI reporting and analysis tools and conducted vendor interviews and documentation of each vendor's standing against the criteria. Charting the Forrester Wave is an objective process, as each attribute is scored on a scale of 0 to 5. These attributes are weighted according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. importance and are rolled up to an overall average. The report described reporting and analysis technology as necessities for every business process. As such, reporting and analysis must be held to the same evaluation standards as any core technology. Within the user communities served there are two distinct groups: producers and consumers. The report states that most BI tools are targeted at producers -- but that most users are consumers. This paradox paradox, statement that appears self-contradictory but actually has a basis in truth, e.g., Oscar Wilde's "Ignorance is like a delicate fruit; touch it and the bloom is gone. has led to companies repeatedly purchasing tools that are deployed with emphasis on the wrong group. Actuate's strategy of designing its Enterprise Reporting Platform to be adopted by 100% of the target user base redresses the balance, providing information consumers with the Enterprise Reporting Applications that they need to maximize corporate performance. "Actuate is delighted to be confirmed as a leader in Enterprise Reporting by Forester Research," said Nobby nob·by adj. nob·bi·er, nob·bi·est Fashionable; stylish. [From nob2.] Akiha, VP of Marketing for Actuate Corporation. "Our focused product development and technology acquisition strategy have enabled us to lead the way in this promising market. Independent recognition for our quality enterprise reporting offering, which is indispensable to every organization today, only corroborates that we have formulated for·mu·late tr.v. for·mu·lat·ed, for·mu·lat·ing, for·mu·lates 1. a. To state as or reduce to a formula. b. To express in systematic terms or concepts. c. the right strategy and product line for future growth." To Learn More The complete report and background data are available by subscription at www.forrester.com. About Actuate Corporation Actuate Corporation is the world leader in Enterprise Reporting Applications that ensure 100% adoption by users. Actuate's Enterprise Reporting Application Platform is the foundation on which Global 9000 organizations (companies with annual revenues greater than $1 billion) and packaged application software vendors develop intuitive, Web portal-like reporting and analytic applications Analytic Applications are a type of business application software, used to measure and improve the performance of business operations. More specifically, Analytic Applications are a type of Business Intelligence solution. that empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems 100% of users with decision-making decision-making, n the process of coming to a conclusion or making a judgment. decision-making, evidence-based, n a type of informal decision-making that combines clinical expertise, patient concerns, and evidence gathered from information. These applications are deployed inside and outside the firewall to improve corporate performance across a range of business functions including financial management, sales, human resource management and customer self-service. When tested against other business intelligence products, Actuate's Enterprise Reporting Application Platform has been proven to offer industry-leading scalability and the lowest Total Cost of Ownership. Actuate has 2,900 customers globally in a range of industries 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. , pharmaceuticals, insurance and distribution services, as well as the government sector. Founded in 1993, Actuate has headquarters in South San Francisco, Calif., and has 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) 2004 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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