Actuate Corporation, the world leader in empowering enterprise users with Information Applications, today announced Actuate 7, an Information Application Platform that provides business users with direct access to enterprise information while enabling IT managers to retain control over security, data integrity and IT infrastructure performance. Actuate 7 is the only solution that allows business users to execute ad hoc queries and create server-managed spreadsheet reports with no additional training or software downloads. Actuate 7 improves enterprise productivity, eliminates multiple versions of the truth within an organization, and enables better business agility – all at the industry’s lowest TCO.

The demand for companies to provide timely, accurate information to users throughout the enterprise and beyond, has significantly increased due to the institution of new corporate governance policies and the need for businesses to operate with agility. Organizations need to empower business managers and executives with self-service technologies that allow them to instantly query current sales revenues or create interactive spreadsheet reports within minutes. But today, only 5-10 percent of enterprise users have direct access to the information they need because traditional Business Intelligence solutions require extensive training, additional software downloads and are costly to implement on a wide scale. According to Giga Information Group, Analytic reporting tools appeal to only a small percentage of all possible enterprise users - Giga estimates no more than 5 percent of the enterprise will use these tools. (Giga Information Group, Selection Criteria: Analytic Reporting, September 30, 2002.)

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