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Actuate has generated over $45 million in BIRT-based business, making Actuate the leading open source BI vendor

Actuate Leads in Open Source Business Intelligence in Terms of Business Generated

London, UK – May 4th , 2010 – Actuate Corporation (NASDAQ: ACTU), The people behind BIRT®, today reported key momentum drivers for BIRT. Over the 3 years that commercial offerings based on BIRT have been available, Actuate has generated over $45 million in BIRT-based business, making Actuate the leading open source BI vendor. BIRT adopters consist of over 450 paying customers, including some of the world’s most recognised brand names including HSBC Bank and Fujitsu.

BIRT is an Eclipse Foundation open source project that was founded by and continues to be co-led by Actuate. It is used by about 750,000 developers worldwide and has become the de facto open source environment for presenting compelling data visualisations on the web.

Momentum for BIRT continues. Key BIRT facts for Q1 2010 include:

• Actuate booked over 135 BIRT-based transactions during the quarter;
• Actuate generated quarterly BIRT-related business of $3.8 million;
• BIRT-related license revenue was up over 30% year-over-year;
• In only three years 27,800 people have registered on BIRT Exchange.

Tweet this: Actuate leads among open source BI vendors with $45 million in #BIRT business to date, 450 paying customers and 750K BIRT developers: http://bit.ly/dcddU5

The ecosystem supporting BIRT is rich and varied and is supported by BIRT Exchange the most active online BIRT community. Partner companies that have embedded BIRT in their solutions include Wipro, IBM, Cisco, Redhat/Jboss and Sybase. Partner companies have contributed over 40% of the applications on the BIRT Exchange Marketplace, an open software showcase that is making significant strides in adoption and contributions. The Marketplace is a destination where any organisation or developer that has embraced BIRT can promote, share or sell BIRT-related applications, solutions and components.

Actuate – The people behind BIRT®,
Actuate founded and continues to co-lead the Eclipse BIRT open source project. BIRT is the premier development environment for Rich Information Applications that present data in compelling and interactive ways via the web on any device. Actuate and its people are dedicated to making BIRT the best environment for our customers to develop Web 2.0 applications that drive revenue through higher customer satisfaction/loyalty and improve operational performance. The people of Actuate continually participate in and provide resources for the vibrant open source community that has emerged around BIRT. Anybody can participate in the BIRT movement by visiting www.birt-exchange.com.

Actuate offers value-add BIRT products and services that speed the development process and bring additional functionality, interactivity and enterprise scalability to BIRT-based Rich Information Applications. Actuate has over 4,500 customers globally in a diverse range of business areas including financial services and the public sector. Founded in 1993, Actuate is headquartered in San Mateo, California, with offices worldwide. Actuate is listed on NASDAQ under the symbol ACTU. For more information, visit the company's web site at www.actuate.com.

PR Contact:

Carina Birt, Sarum
PR for Actuate UK
+44 1722 411150
carina@sarumconsultancy.co.uk

This press release was distributed by ResponseSource Press Release Wire on behalf of Sarum Consultancy in the following categories: Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.