Actuate and Versiant Introduce Fully Enabled Data Integration Solution for the Marine Terminal Industry
Aug 6 14
Actuate Corporation announced an alliance with Versiant Corporation. By combining technology from Actuate's Content Services Group (formerly Xenos) with Versiant's expertise, marine terminal customers will be able to benefit from structured data integration and normalization solutions that promise to increase the effectiveness of their terminal operating systems (TOS). Through the use of Actuate's Data Integration module (part of the Actuate Customer Communications Suite(TM)) Versiant will be able to optimize operations for marine terminal operators and transact data among its customers, by graphically configuring and testing process flows and integration. The Versiant/Actuate alliance will also make it easier to integrate data with the SPARCS N4 Solution, a terminal operating system designed by Navis, a global technology provider for the container terminal industry. Versiant is the only SPARCS N4 implementation partner for Navis in the Americas, and assists terminal operators globally with the deployment, migration and support of Navis products.
Actuate Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Full Year 2014
Aug 6 14
Actuate Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's total revenues were $26,513,000 against $34,902,000 a year ago. Loss from operations was $2,533,000 against income of $2,230,000 a year ago. Loss before income taxes was $2,147,000 against income of $2,187,000 a year ago. Net loss was $2,332,000 or $0.05 basic and diluted per share against income of $1,313,000 or $0.03 basic and diluted per share a year ago. Total non-GAAP revenues were $26,718,000 against $34,912,000 a year ago. Total non-GAAP operating income was $1,100,000 against $6,319,000 a year ago. Non-GAAP income before income taxes was $1,125,000 against $6,312,000 a year ago. Non-GAAP net income was $788,000 or $0.02 basic and diluted per share against $4,418,000 or $0.09 basic and diluted per share a year ago. Negative cash flow from operations was $2 million.
For the six months, the company's total revenues were $50,599,000 against $69,820,000 a year ago. Loss from operations was $7,064,000 against income of $5,047,000 a year ago. Loss before income taxes was $6,777,000 against income of $5,244,000 a year ago. Net loss was $5,702,000 or $0.12 basic and diluted per share against income of $4,332,000 or $0.09 basic and diluted per share a year ago. Total non-GAAP revenues were $51,047,000 against income of $69,855,000 a year ago. Total non-GAAP operating income was $387,000 against income of $11,887,000 a year ago. Non-GAAP income before income taxes was $454,000 against $12,290,000 a year ago. Non-GAAP net income was $318,000 or $0.01 basic and diluted per share against $8,603,000 or $0.17 basic and diluted per share a year ago. Net cash used in operating activities was $17,000 against net cash provided by operating activities of $14,125,000 a year ago. Purchases of property and equipment was $91,000 against $356,000 a year ago.
The company still believes that cash flow from operations for the full year 2014 will be positive, albeit at a small number. Total revenues would be in the range of $100 million to $105 million.
Actuate Corporation Announces BIRT Analytics 4.4 for Even Easier and Faster Big Data Advanced Analytics for Business Professionals
Jul 21 14
Actuate Corporation announced immediate availability of an upgrade to the BIRT Analytics(TM) Big Data analytics platform for business analysts and business users. BIRT Analytics 4.4 sees the addition of powerful new background algorithms and foreground functionalities, comprising a complete toolbox of data mining techniques that are fast and easy to use for self-service, advanced analytics. BIRT Analytics 4.4 is a sophisticated, end-to-end software solution that allows users to extract maximum value from Big Data, in the form of visual statistical insights that enable sharper commercial decision-making, and greater customer responsiveness, providing organizations a powerful competitive edge. The built-in, columnar database engine loads at an unrivalled speed of up to 60 GB/hour. With BIRT Analytics 4.4, users are able to explore up to 6 billion records in less than a second, and perform advanced analytics on a million records in under a minute. Business analysts and business users can get to the exact insight they need in seconds rather than days or weeks- freeing IT and data scientists to work on projects that require their expertise. A new user interface (UI) and instructions further increase productivity for business users and administrators. The BIRT Analytics engine is capable of reading virtually any data source. Other highlights include its efficient and impeccably reliable approach to data auditing, cleansing and enrichment, and its flexibility with data preparation. It is particularly powerful for spontaneous and interactive (non-predicted) analytics, and for making accurate deductions about events that haven't happened yet (predictive analytics). Statistical insights are made easy with its visual decision tree and visual association rules features, both run from powerful, background algorithms. These tools help organizations discover vital patterns of purchasing behavior, the next best products to recommend to individual and groups of customers, which customers are more likely to churn, and which leads are truly qualified. Importantly, the software further uncovers inefficiencies in internal processes to save time and reduce costs. Key features of BIRT Analytics 4.4: New Pre-process Tools and Data Mining Algorithms, including: Dichotomous pre-processing tool, advanced 'correlation' analysis algorithm, advanced 'linear regression' analysis algorithm, advanced 'logistic regression' analysis. Functional Loader Enhancements, including: New index functionality; New round expression function; Upgraded mid, left and right expression; New search functionality in 'transform' tab; New 'test connection' functionality; New ability to share loading projects and data sources between users. Architecture and technology, including: Updated and simplified installer; Modification to installation folders structure. Upgrading to BA 4.4 requires a new licence key specific to BA 4.4.