Actuate Corporation, the people behind BIRT™, today announced that for the second year running, Actuate is being honored on FORTUNE magazine’s annual list of the 100 fastest growing, public companies in America. Every year, the editors of FORTUNE Small Business analyze public companies with annual revenues of less than $200 million and a stock price greater than $1 to determine which of these businesses are achieving the most rapid growth and success year over year. The companies are selected based on growth in earnings per share, revenues and stock performance over the past three years.
Through its award program, FORTUNE honors elite public companies, such as Actuate, that are thriving despite the current economic downturn. Technology companies continue to dominate the FSB 100, with 30 technology companies making the list in 2009 vs. 25 in 2008. Actuate, having achieved the prestigious honor two years in a row, attributes its ongoing success to Eclipse BIRT, the premier rich information application development environment and top level Eclipse project founded and co-led by Actuate. As the basis of its commercial software offerings, BIRT is a growth driver of Actuate revenue.
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