Blog: Craig Schiff

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Actuate Acquires performancesoft

Performancesoft (the former PBViews) has just been acquired by Actuate. Yet another BI vendor has seen the BPM (business performance management) light. Actuate is strong in enterprise financial reporting and has dabbled in other areas of BPM in the past, but this move clearly demonstrates a commitment to performance management. I think its a good move for both companies. Customers have demonstrated to us in the field as well as in our latest BPM Pulse survey that they prefer a vendor that offers both applications and BI tools. Actuate has primarily been a tools vendor and performancesoft, while focused on dashboards, has delivered performance dashboard applications, not just a raw tool. I'm surprised I haven't seen more coverage of this announcement, but I think it's newsworthy. You can read the details here.

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