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.)

"Actuate 7 provides a much desired environment of ‘controlled empowerment'," said Dan Vesset, research manager, IDC. "Actuate e.Spreadsheet Designer along with Actuate Query empower business users to answer their own questions through a familiar interface with little or no training. At the same time Information Objects allow IT to keep control over the application development process without having to manage an environment of disconnected, stand-alone end-user applications. The resultant productivity gains affect both business and IT user communities."

The business user community typically totals about 25 percent of the enterprise population and, to date, has lacked the appropriate ad-hoc query and report creation solutions. Business users have been forced to wait days or weeks for IT to create specific reports or queries. Actuate 7 is specifically geared to address the unique information needs of business executives and managers. Most corporate executives and managers prefer to analyze information within a spreadsheet format. But dumping data into one-off spreadsheets, which are disconnected from the original data source causes multiple versions of the truth – a situation that corporations can no longer tolerate. Actuate 7 eliminates these problems by powering server-managed spreadsheets which generate reports by retrieving data directly from the original source. Actuate 7 allows organizations to dramatically improve information access to business users without introducing security or system performance issues.

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