BIRT Generates Over $50 Million to Date and Continues to Lead Open Source BI Market

Actuate Continues to Make Strides with Further BIRT Momentum

SAN MATEO, Calif.--()--Actuate Corporation (NASDAQ: ACTU), the people behind BIRT® and the leading open source Business Intelligence vendor, today reported key momentum drivers for BIRT. In less than 4 years, Actuate has generated over $50 million in BIRT-based revenue, further entrenching the company as the leading force in open source BI.

  • Momentum for BIRT continues, key facts for Q2 2010 include:
    • Actuate booked over 160 BIRT-based transactions during the quarter;
    • Actuate generated quarterly BIRT-related business of $4.9 million;
    • BIRT-related license business was up over 240% year-over-year;
    • BIRT-based OEM business increased to over $1 million in Q2FY10;
    • Over $4 million of license and first year maintenance business from open source BIRT users to date, including a record of more than $1 million in Q2FY10.
  • BIRT Exchange and BIRT Exchange Marketplace Momentum
    • Over 30,000 community members have registered on BIRT Exchange to date;
    • The BIRT Exchange Marketplace now houses 73 applications, over half of which have been contributed by third parties;
    • Nearly 2,000 app downloads Up 59% from Q1.
  • BIRT onDemand Momentum (since its introduction on February 22, 2010)
    • More than 1,250 accounts have signed up;
    • Over 300 accounts with significant activity;
    • Over 75 accounts uploaded their own BIRT reports.

In addition to the ongoing success around BIRT, Actuate and its value added offerings for BIRT have been recognized as a leader by leading analyst firm, Forrester Research Inc. In “The Forrester Wave™: Open Source Business Intelligence (BI), Q3 2010” a report created as a global vendor assessment tool, Actuate BIRT is rated as a Leader based on the company’s pure play Business Intelligence.

To learn more about Actuate and BIRT visit: www.birt-exchange.com.

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 development environment for Web 2.0 applications that help customers drive revenue through higher customer satisfaction and improved 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.

Copyright © 2010 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.

Contacts

Actuate Corporation
Ben Hohmann, 650-645-3820
Public Relations Manager
bhohmann@actuate.com
Twitter: @Actuate

Release Summary

Actuate Corporation (NASDAQ: ACTU), the people behind BIRT® and the leading open source Business Intelligence vendor, today reported key momentum drivers for BIRT.

Contacts

Actuate Corporation
Ben Hohmann, 650-645-3820
Public Relations Manager
bhohmann@actuate.com
Twitter: @Actuate