Coral8 and Actuate Sign Marketing and Technology Agreement
Two Companies Showcase Continuous Business Intelligence at Actuate International User Conference
LAS VEGAS, NV, August 5, 2008 -- From the Actuate International Users Conference, Coral8 Inc., a leading provider of Complex Event Processing (CEP) software, today announced a technology alliance with Actuate Corporation (NASDAQ: ACTU), the leader in delivering Rich Internet Applications Without Limits™. Under terms of the agreement, the companies will combine Actuate’s strong RIA-ready information platform with Coral8’s robust CEP engine to create a next-generation business intelligence solution that will allow organizations to monitor the “pulse” of their business.
Coral8’s CEP software powers Continuous Business Intelligence™ that enables enterprises to make immediate, informed decisions. By adding a continuous flow of information and analysis to the business intelligence stack, the integrated solution allows corporate decision makers to monitor transactions, customer interactions, market behavior and critical high volume business processes and take right-time actions.
Through the integration between Coral8 and the Actuate product family, which will include Actuate 10, Performancesoft and BIRT, enterprise BI teams will be able to deliver high-speed dashboards, rich internet intelligence applications and open flexible reporting and analysis for interactive, right-time information delivery and decision-making for business users across the enterprise. The combined solution delivers more insightful enterprise intelligence than ever before, through an agile, more efficient, and lower cost analytic process.
“Complex event processing will deliver a new source of corporate business intelligence that will increase the speed and accuracy of decision making," said Nobby Akiha, senior vice president of marketing, Actuate Corporation. "The integrated offering between Coral8 and Actuate will deliver this new intelligence seamlessly and cost-effectively across the enterprise, allowing customers to maximize revenue and profitability, increase customer satisfaction, reduce risk and truly deliver operational BI and Performance Management.”
Actuate conference attendees are invited to a live demonstration on August 5 at 10:30 a.m. at the Red Rock Casino and Resort in Las Vegas, Nevada. The “Building Continuous Business Intelligence with Insight-Driven Enterprise Reporting and High Performance CEP” presentation will feature real-time and intra-day financial risk analysis as an example of Coral8’s and Actuate’s combined overall capabilities. John Morrell, vice president of product marketing, Coral8 and Ambareesh Kulkarni, director with the Actuate Corporate Engineers (ACEs) Team, will demonstrate how Actuate and Coral8 have teamed together to deliver Continuous BI solutions that deliver rapid business value.
"Delivering the promise of Continuous Business Intelligence requires tight integration with the enterprise BI stack for faster, effective information delivery," said Mr. Morrell. "The combination of Actuate and Coral8 will enable rich reporting and analysis over a continuous information flow for faster decision making anywhere in the enterprise."
For more information, please visit: https://www1.event-projects.com/evo/AIUC2008/
About Coral8
Based in Mountain View, Calif., Coral8, Inc. is a leading provider of software for Complex Event Processing (CEP). Bringing together high-performance, an innovative SQL-based programming language and enterprise-class features, the Coral8 Engine is the fastest, lowest cost way to build and deploy powerful, sophisticated CEP applications. Coral8 is speeding the delivery of critical business information for customers worldwide, including Fortune 500 companies and global leaders within financial services, e-commerce, telecommunications, transportation, government and other rapidly growing vertical applications. For more information, visit www.coral8.com or call (650) 210-3810.
Copyright Coral8, Inc. 2008. All rights reserved. Coral8 and Continuous Business Intelligence is a trademark of Coral8, Inc. Other names may be trademarks of their respective owners.
Media Contact
Schwartz Communications
Jill Reed or Katy Garlinghouse
(415) 512-0770
coral8@schwartz-pr.com
Coral8, Inc.
Anna Luo, Director of Marketing
(650) 210-3819
anna@coral8.com