Qualtrics, the company that makes sophisticated research simple, today
announced it has partnered with Accel Partners and Sequoia Capital in the two
firms’ largest-ever joint investment. Accel and Sequoia will provide a
range of services and $70 million to help Qualtrics expand its SaaS product
offerings beyond market research and accelerate its global growth, beginning
with the hiring of another 250 employees in the next year alone.
Qualtrics has established itself as the top choice of businesses for online
data collection and analysis by making it easy for anyone in a company to
conduct Ph.D.-level research. The company has been profitable since its
inception and has not accepted outside funding until now.
“Today most research and data collection is outsourced at great expense, or
done internally with tools that are either too basic or much too complex,”
said Ryan... (more)
Actuate Corporation (NASDAQ: BIRT), the people behind BIRT® and the leading
open source Business Intelligence (BI) vendor, today announced a
collaboration between Actuate BIRT and the Hortonworks Data Platform, to
enable Big Data visualization. The Hortonworks Data Platform is a completely
open source, tightly integrated and tested distribution of Apache Hadoop,
backed by extensive customer support and training.
The ActuateOne® integrated product suite—built around BIRT—uses native
access Hive query to leverage MapReduce functions to extract data from
Hadoop, pulling those data ... (more)
Actuate Corporation (NASDAQ:BIRT), “The people behind BIRT”® and the
leading open source Business Intelligence (BI) vendor, today announced an
alliance with Cloudera, creator of Cloudera's Distribution Including Apache
Hadoop (CDH), and the leading provider of Hadoop-based software, services and
training.
ActuateOne® and BIRT offer access to data stored in Cloudera's Distribution
including Apache Hadoop (CDH) for commercial and development environments
using HIVE Query Language (HQL). BIRT based information and business
intelligence applications are able to natively access Hadoo... (more)
Actuate Corporation (NASDAQ:BIRT), the people behind BIRT® and the leader in
open source business intelligence (BI), today announced financial results for
the first quarter 2012.
First Quarter 2012 Financial and Operational Highlights:
License revenue for Q1 up 15% year-over-year to $13.4 million; Q1 revenue
included 3 transactions with a license component in excess of $1 million; Q1
non-GAAP revenue of $34.8 million, an increase of 8% from the same period a
year ago; Non-GAAP operating income of $8.5 million up 51% year-over-year;
Non-GAAP operating margin of 24.4% up over 690 b... (more)
Actuate Corporation recently announced the results of a recent benchmark
proving that ActuateOne can scale to handle the preparation and delivery of
over 40 million monthly statements. Performance, reliability and predictable
linear scalability are hallmark strengths of Actuate-based solutions,
characteristics that have taken on greater importance as clients manage and
harness their current and future ‘Big Data’ challenges.
The benchmark was based on requirements faced by a client with extraordinary
time to market pressures in making month-end statements available to its
growing... (more)
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