Actuate Corporation – BIRT – Acquires Quiterian

NASDAQ: BIRT), The BIRT Company^™ – delivering more insights to more people than all BI companies combined – announced that it has acquired Quiterian S.L., a privately held software company that provides visual data mining, social media analytics and predictive analytics for business and other non-technical users.

Quiterian fits very well into Actuate’s core business and strengthens its unique ability to help more end users identify and operationalize insights derived from any data source. Quiterian Analytics will be integrated into Actuate’s flagship product, ActuateOne, and will be known as BIRT Analytics. BIRT Analytics will empower business users far beyond the capabilities of existing data discovery and business intelligence technologies to present them with a powerful combination of analysis, visualization and information delivery options.

BIRT Analytics enriches, deepens and accelerates Actuate’s ongoing efforts to bring the most insights to the most people. By providing advanced analytics, visual data mining, and predictive analytics functionality to business users, enterprises get more value from more data, including SalesForce.com and unstructured Big Data sources such as Twitter, Facebook, Facebook Ads, Google Analytics and Experian Cheetahmail. BIRT Analytics takes business users far beyond capabilities of existing data discovery technologies to the deep analysis previously reserved for data scientists and statisticians. Today, Actuate has extended its lead in delivering insights to any user, regardless of skill level, in a world where traditional BI companies and data warehousing approaches struggle to identify and operazationalize insights from data that is being generated at an exponential pace.

Quiterian is an established player in Business Intelligence as noted by leading analyst firms. It has a well established customer base that includes public and private organizations in Telco, eCommerce, Financial Services, Healthcare and Gaming. Notable customers with massive data sets include Telefonica, Vodafone, Orange, La Caixa, Deutsche Bank, Volkswagen, BBVA, Renault, Bayer and several governmental bodies in Spain and Latin America including security and police forces, healthcare, public transportation and tax agencies.

“By acquiring world-class technology and talent at Quiterian, we’re taking powerful analytics and visual data mining technologies that have demonstrated traction in Spain to the rest of the world via our direct, OEM and partner channels,” said Pete Cittadini, President and CEO at Actuate. “We’re eager to add Quiterian’s leading-edge predictive analytics and data mining capabilities to the growing set of powerful technologies that BIRT developers can use to create applications that deliver insights. Quiterian’s technology is applicable to every one of our customer’s Business Intelligence, Performance Analytics and Customer Communication Management deployments and it is going to generate a lot of interest.”

Actuate – The BIRT Company™ – BIRT

Actuate (BIRT) founded and co-leads the BIRT open source project, which is used by over 1.5 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.

More Posts by this author

• Capital Senior Living – CSU – Acquires Eight Communities for $72.9 Million
• Iconix Brand – ICON – To Acquire Umbro
• Integra LifeSciences – IART – Earnings came in stronger than expected
• Signet Jewelers – SIG – To acquire Ultra Stores
• Tennant Company – TNC – Strong financial shape and are pleased to raise the company’s dividend
• Avery Dennison – AVY – Delivered the strongest organic sales growth since first quarter 2011
• Stoneridge – SRI – Third-Quarter 2012 Results

Post Written By: Ed Liston Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.