Actuate (News - Alert) Corporation, a provider of open source business intelligence (BI), announced the launch of BIRT Performance Analytics.

The BIRT Performance Analytics solution is built on the unified ActuateOne platform to assist organizations to drive business improvements.

The analytics solution is available as both premise and on-demand. BIRT Performance Analytics is designed to help organizations implement closed loop performance management by incorporating capabilities that help discover problem areas, analyze root causes and drive improvements.

“It's clear through the latest release of BIRT Performance Analytics, that Actuate understands what can happen when you empower iterative processes such as Performance Management and improvement through an iterative technology platform like ActuateOne,” said Attila Mistzi, Enterprise Performance, Process coordinator for the Sacramento Municipal Utility District (SMUD (News - Alert)), in a statement.

BIRT Performance Analytics is capable of working as the most complete solution that empowers business users to realize real benefits from their efforts. The main features that assist enterprises include secure and scalable infrastructure, a flexible pricing model, a proven and streamlined deployment methodology supported by a dedicated team of experts and access to value-add applications.

“Actuate has redefined Performance Management by giving businesses the solution to all the common reasons Performance Management fail,” said Utpal Bhatt, vice president and general manager of Performance Management Group at Actuate.

“Delivered as an on-premise solution or as multi-tenant software as a service (SaaS (News - Alert)) offering, BIRT Performance Analytics drives actionable performance improvement across the entire organization from any web enabled and mobile device,” Bhatt added.

BIRT Performance Analytics is expected to offer Performance Management to a new level by optimizing the needs of business by gaining achievable performance through using interactive business analytics.

Recently, Actuate announced its strategic partnership with QC Soft, an Italian document management solutions and services specialist.