San Mateo, Calif. – Sept 8, 2008 – Actuate Corporation (NASDAQ: ACTU), the leader in delivering Rich Internet Applications Without Limits™, today announced that ICOR LLP, a strategic management and technology consulting firm has selected Actuate OnPerformance, Actuate’s Performance Management Software-as-a-Service solution to drive its performance management and business initiatives.
Actuate OnPerformance delivers to ICOR, a world-class performance management system, while eliminating the cost and administration hurdles of a traditional Performance Management software implementation. The on-demand solution quickly provides ICOR consultants with relevant Key Performance Indicators (KPIs) to track the overall ‘account health’ of its customers. Specifically, OnPerformance helps the vast network of ICOR consultants adhere to a governance process set out by management that track 18 dimensions that roll up to the overall performance of ICOR. Metrics such as: strength of business relationships, financial trends and overall customer satisfaction are reported upon weekly to track trends in the performance of the company.
“We chose Actuate OnPerformance because we wanted a powerful performance management solution that would be up and running in days. We also wanted to practice what we tell our customers and prove that performance management is more than just a philosophy; the systems allows all our managers to log into the system remotely to collaborate on our performance management initiative. Actuate offers the only system that met all our stringent requirements,” said Wayne Simmons, CEO of ICOR.
OnPerformance also provides ICOR with easy access to performance management information from any location. OnPerformance automates ICOR’s critical Performance Management processes and delivers KPIs with ease. Previously, KPI’s were subject to the encumbrance of lengthy application development and deployment cycles. With OnPerformance, those processes are expedited and the solution provides many of the same features as the Actuate Performancesoft Suite for a fraction of the price.
ICOR’s decision to work with Actuate highlights the continued success of OnPerformance as more organizations realize the availability of a world-class, cost effective Performance Management solution that can be up and running within days.
“Actuate OnPerformance allows ICOR to focus on innovation rather than the care and feeding of their infrastructure, data silos or simple maintenance and upgrades. We are proud to be adding real business value to our customers and even more proud to be their partner in innovation,” said Steve Fluin, senior vice president and general manager, Performance Management Group, Actuate Corporation.
ICOR Partners LLC was founded in 2002 as a strategic management and technology consulting firm. Its goal is to become the trusted advisors to executives and managers by combining the best of large consulting and systems integration firms with an entrepreneurial spirit that encourages intellectual risk taking, creativity, fresh perspectives, and new ideas. As a specialized “boutique” firm, ICOR specializes exclusively in delivering strategy, transformation and operations improvement consulting services that help its clients achieve sustainable success.
Information about Actuate Performancesoft Suite, which includes Views and Business Intelligence: http://www.actuate.com/products/performance-management/index.asp
Actuate Performancesoft Suite customer case studies: http://www.actuate.com/customers/by-solution/performance-management.asp
About Actuate Corporation
Actuate Corporation is dedicated to increasing the richness, interactivity and effectiveness of enterprise data, for everyone, everywhere. Actuate delivers the next generation RIA-ready information platform for both customer and employee-facing applications. The Actuate platform boasts unmatched scalability, high-performance, reliability and security. Its proven RIA capabilities and highly collaborative development architecture are backed by the world's largest open source information application developer community, grounded in BIRT, the Eclipse Foundation’s only top level Business Intelligence and reporting project.
Global 9000 organizations use Actuate to roll out RIA-enabled customer loyalty and Performance Management applications that improve customer satisfaction and employee productivity. The company has over 4,200 customers globally in a diverse range of business areas including financial services and the public sector, many of which have a long history of deploying Actuate-based solutions for dozens, or even hundreds of their mission-critical applications.
Founded in 1993, Actuate has headquarters in San Mateo, California, with offices worldwide. Actuate is listed on NASDAQ under the symbol ACTU. For more information on Actuate, visit the company's web site at www.actuate.com