|[January 22, 2013]
Actuate Launches BIRT Analytics Offering Fast, Free-form Visual Data Mining and Predictive Analytics for Business Users
SAN MATEO, Calif. --(Business Wire)--
Actuate Corporation (NASDAQ:
BIRT), The BIRT
Company™ - delivering more insights to more people than all BI companies
combined, today announced BIRT Analytics™, a visual data mining and
predictive analytics product that dramatically streamlines sophisticated
data analysis and puts it in the hands of business users.
Francisco J. Margarite, Director General at Inversis
Bank says: "Before Quiterian, extracting and analyzing information
used to take a considerable amount of our technical experts' time - and
as a consequence we were not providing the appropriate service. Now with
BIRT Analytics, we have provided more user autonomy and thus reduced the
work overload of IT."
BIRT Analytics provides analysts and business users with agility and
advanced functionality to make better, more timely decisions in an age
of Big Data by providing them with an intuitive, managed self-service
environment for getting their answers. It delivers the ease of use and
flexibility of visual data discovery tools with the sophisticated
statistics and complex algorithmic power of advanced analytics tools
that typically are reserved for data scientists. BIRT Analytics is the
latest addition to ActuateOne®, Actuate's (News - Alert) BIRT-based suite of
commercial products, enabling users across the organization to
participate in improving vital business processes.
"BIRT Analytics is intuitive and fun to work with, so analytics will no
longer be seen as a chore. It is also powerful enough to find value in
the vast data volumes that users are confronted with today," said Shaku
Atre, Founder and Managing Partner, Atre Group. "The business user being
in charge of their own data-driven inquiry finds that this is the only
way to speed the time to meaningful insight and pair it with effective
actions to separate market leaders from market laggards."
Establishing a Culture of Analytics for Faster Answers
Analytics is ultimately about solving business problems. With BIRT
Analytics, the business person with the questions is empowered to come
up with their own answers - and formulate new questions to explore. By
putting the business user in charge, without having to depend on a data
scientist or an IT department, analytics becomes more appealing, timely
"BIRT Analytics is a true business-user-driven tool," says Daniel Fedak,
Managing Director at VPT, a UK-based
provider of analytics and business intelligence solutions for business.
"Ad-hoc queries can be made through an intuitive and highly visual
interface without the need to go through IT or analytics specialists.
Users 'discover' ever-deepening insights through an exploratory process
that is very natural."
BIRT Analytics is ideally suited to organizations with an innate
analytic attitude or inquiring culture and in dynamic sectors where
rapid action on insights is a competitive requirement. Without having to
adhere to prescriptive data schemas or being hindered by lnear querying
pathways, business users can explore free-form. They can see and
experience all their data in a single location, and even integrate
third-party data sources without the need to program, model or otherwise
pre-process data. In very little time, end users can take personal pride
in their own findings-their own information independence-and be wowed by
insights they derive from their data.
"Our recent Business
Technology Innovation benchmark research shows that currently a
little more than half of organizations are satisfied with their analytic
processes, and 44 percent of organizations indicate the most
time-consuming part of the analytics process is data-related tasks,"
said Tony Cosentino, Vice President and Research Director at Ventana
Research. "BIRT Analytics allows end users to continue to extract value
out of and combine their data silos, while the organization is devising
their Big Data analytics strategy. Developing a culture of analytics
enables analysts to shape the discussion with IT; so that once the
strategy is defined it is meaningful from a business and operational
point of view."
"In business software, it is rare to see the sort of emotional response
we've noted when business users get started with BIRT Analytics," said
Pete Cittadini, CEO and President, Actuate Corporation. "Analytics is as
valuable as the problems it solves. We truly believe that by putting
analytics in the hands of business users, they feel more empowered
because of the answers they identify. These insights have profound
organizational impact, dramatically reducing the business latency
typically associated with data mining."
BIRT Analytics is the right choice for business-driven visual data
mining and predictive analytics because it:
Ensures speed and agility in every aspect of analytics from data
connectivity and loading to processing the results of sophisticated
analytic queries, thereby helping to keep organizations ahead of the
Empowers the business user with predictive analytics and visual
data discovery, while most products support one or the other;
Creates Pareto distributions, Venn diagrams, predictions, trend lines
and forecasts in moments, without requiring mastery of a special
analytic language such as R or SAS (News - Alert);
Works with all types of data, without pre-modeling or sampling and
scales to support billions of data records making it ideal for Big
Data Business Analytics;
Assumes no specific data structure, schema, or architecture, instead
offering a flexible, non-imposing data architecture;
Shares its data and insights with ActuateOne's published dashboards,
scorecards, interactive reporting and mobile presentation to circulate
key insights for collaboration and action; and
Connects to social and Internet data sources including Facebook,
Twitter (News - Alert), Salesforce, Google Analytics and CheetahMail.
Pricing and Availability
BIRT Analytics is available immediately. It is licensed using a
combination of a base license, the number of data rows being analyzed
and the number of end users. More resources, including a product
demonstration are available at www.actuate.com/BIRTAnalytics.
Actuate - The BIRT Company™
Actuate founded and co-leads the BIRT
open source project, which is used by 2 million developers around
the globe and serves as the foundation of the ActuateOne®
platform. Applications built on ActuateOne deliver more business and
consumer insights to more people than all BI companies combined -
ensuring organizations are ready for the exponential growth of Big Data
and the proliferation of touch devices.
The ActuateOne platform empowers developers to rapidly develop custom,
analytics and customer
communications applications. ActuateOne applications built with one
BIRT design can access and integrate any data, including
unstructured sources. They provide one
user experience regardless of skill level and are supported by one
platform for any cloud, hybrid, on-premise, web or touch device
Headquartered in Silicon
Valley, Actuate has over 5,000 customers globally in a diverse range
of business areas including financial
and the public
sector. Actuate is listed on NASDAQ under the symbol BIRT. For more
information, visit www.actuate.com
or engage with the BIRT community at www.birt-exchange.com.
Copyright © 2013 Actuate Corporation. All rights reserved. Actuate,
ActuateOne, 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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