Actuate Develops Solution to Track and Manage Stimulus and Recovery
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Actuate for Stimulus Management Follows Federal Funds by Delivering Performance Information that Effectively Communicates Progress, Results and Outcomes SAN MATEO, Calif.--(Business Wire)-- Actuate Corporation (NASDAQ:ACTU), the leader in delivering Rich Internet Applications Without Limits today unveiled Actuate for Stimulus Management, a solution that enables local, state and federal government entities to track and measure funds allocated in the American Recovery and Reinvestment Act (ARRA), more commonly known as the Obama Administration`s "stimulus package". ARRA gives the U.S. federal government an unprecedented opportunity to operationally and strategically revitalize the American economy through rapid funding of immediate gain initiatives that will put people back to work. Additionally, the ARRA is designed to create a sustainable standard of life for future generations by focusing on strategic investments in energy, technology, education, infrastructure and healthcare to ensure America continues to thrive. Among the goals for the Act is an initiative to provide transparency into how, where and when money is spent and provide data to evaluate the Act`s progress. Actuate for Stimulus Management sets out to assist state and local government entities in achieving these mandates in an easy-to-use, intuitive and customizable format. The Actuate for Stimulus Management solution offers a framework of over 250 metrics including cost per job created and percent of funds used - designed to help government organizations build best practices and deliver increased visibility into how and where the stimulus money allocated is used. The new offering based on Actuate`s Performancesoft Suite and Actuate BIRT products delivers rich, dynamic interactive dashboards, sustainability scorecards and strategy maps. Through integrated root cause analysis, government can effectively manage ARRA initiatives by tracking key performance indicators (KPIs) and drill down into detailed data to investigate and report on the underlying operational details. "We`re excited that Actuate has created a comprehensive framework for managing and monitoring ARRA initiatives and we are thinking through how the framework applies to our current and future plans," said Kenneth Gwyn, Director of Strategic Customer Services, City of Dallas. "Actuate for Stimulus Management is a helpful tool in navigating the ARRA Act and demonstrates that Actuate has its finger on the pulse of what government at the metropolitan level needs." "The Performance Institute sees value in Actuate`s framework to allow any government organization to translate the ARRA Act into actionable and measurable entities," said Jon Desenberg, Policy Director, The Performance Institute. "We`re impressed that Actuate for Stimulus Management can be customized for local or state entities and we look forward to working with Actuate on ARRA related projects." "Actuate for Stimulus Management provides government organizations with a means to kick start the management and communication of their ARRA related initiatives," said Nobby Akiha, SVP Marketing at Actuate. "Stimulus management means so much more than allocating funds for programs and is essential for ensuring that ARRA reaches its goal of jumpstarting the economy." Pricing and Availability Actuate for Stimulus and Recovery is immediately available. Pricing starts at $65 per user, per month, however those already using Actuate Performancesoft Suite or Actuate OnPerformance can obtain the Actuate for Stimulus and Recovery metrics database and BIRT report templates at no cost. Please visit http://www.actuate.com/why-actuate/applications/stimulus-management/ for more details. 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 4,400 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. Copyright 2009 Actuate Corporation. All rights reserved. Actuate and the Actuate logo are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. All other brands, names or trademarks mentioned may be trademarks of their respective owners. Actuate Corporation Ben Hohmann, 650-645-3820 bhohmann@actuate.com Copyright Business Wire 2009
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