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TheStreet Open House

Actuate Strengthens Presence In Asia Pacific Through Alliances With Australia’s Carrington Associates And Singapore’s NuVista Technologies

Actuate Corporation (NASDAQ: BIRT), The BIRT Company™ – delivering more insights to more people than all BI companies combined, today announced two alliances in the region with Carrington Associates Asia Pacific Pty Ltd in Australia, a boutique software service business, that sources and manages IT solutions for organizations, and NuVista Technologies Pte Ltd in Singapore, a leading provider of integrated outsourcing and consulting services in IT, engineering, human resources, Cloud ERP and BI solution.

These alliances will create new market opportunities for Actuate and stimulate further expansion across the Asia Pacific region where the demand for BI solutions is rapidly growing. “ Actuate’s alliances with Carrington Associates and NuVista Technologies will strengthen our presence in the region by delivering more holistic solutions with high-performance business analytics to a larger base of customers across Asia Pacific,” said James Conway, Regional Director Asia Pacific of Actuate. “These alliances will also benefit our customers with better integration with their business, driving greater productivity.”

The alliance with Carrington Associates will see Actuate support and enhance Carrington Associates’ ERP offerings with its enterprise solutions, open-source model and BI specialization. Carrington Associates’ strength in Manufacturing, Education, Utilities, and Banking and Finance, and Actuate’s BI capabilities has made this partnership a right fit to deliver tailored offerings to customers.

Carrington Associates will drive Actuate’s overall services, maintenance and training for Australia, New Zealand and the rest of Oceania, giving Actuate more of a local presence. Aligning itself with customer needs, Carrington Associates will provide Actuate’s solutions as a SaaS model by hosting it in the Oceania region, which is more compliant and comfortable to local businesses.

“We are very excited to be collaborating with Actuate. Working together we can reach new horizons in the region. We can complement each other in serving businesses with the right technology and services with a better value proposition in the comfort of their backyard,” said Sachin Khisti and Sai Paravastu Directors of Carrington Associates.

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