Intelligent Document Management Solution Xenos Enterprise Server is Recognized for its Role in Tackling Big Data Challenges Arising from Compliance Management
San Mateo, Calif., - November 15, 2012 – Actuate Corporation (NASDAQ: BIRT), The BIRT Company™ – delivering more insights to more people than all BI companies combined – has won a third consecutive award at the prestigious annual Document Manager (DM) Awards. This year Actuate’s Xenos Enterprise Server was named Compliance Product of the Year at the award ceremony in London last week, adding to the company’s awards haul. For the previous two years Actuate has won Software Product of the Year.
Actuate’s Xenos Enterprise Server is a powerful solution for creating, transforming, storing and managing extremely high volumes of computer-generated documents. As organizations across a wide range of market sectors grapple with content overload and increasingly complex regulatory compliance issues around data management, special design considerations need to be taken into account to properly manage this type of big data. Xenos Enterprise Server tackles this situation head on by reducing the time and cost associated with compliance - enabling companies to respond quickly to changes in requirements, and giving them rapid and easy access to both historical and real-time documents at the point of need.
Commenting on the news, Jeff Mills, VP, International for Actuate – Xenos Group, said, “We are delighted that Actuate has won yet another DM Award, and that Xenos Enterprise Server specifically has been recognized in this way and in this context. The solution, while having numerous applications because of the way it manages storage and breaks down documents so that their content can be searched and called up readily, is highly relevant to businesses at the moment as they tackle a number of big data challenges. Compliance is just one of them, but it is an important and painful issue for companies at the moment.”
Currently in their sixth year, the DM Awards recognize the best products, services and companies in the UK document and content management industry. Entries are evaluated by an independent judging panel of industry experts, with many categories open to public voting. The winners were announced at a black-tie dinner in late October in London, attended by some 200 guests from across the highest levels of the UK document management industry.