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Actuate and Bitext Announce Collaboration to Deliver Text Analytics Engines and Sentiment Analysis for Big Data through BIRT

SAN FRANCISCO – October 2, 2013 Actuate Corporation (NASDAQ: BIRT), The BIRT Company™ – delivering more insights to more people than all BI companies combined, today announced their cooperation with Bitext, in parallel with Bitext’s U.S. event in San Francisco this evening at WeWork. Bitext provides text analytics engines – inherently multilingual semantic technologies including text analytics and natural language interfaces – sporting one of the highest degrees of accuracy available today. Bitext recently announced a partnership with Salesforce.com as well.

Combined with Actuate’s BIRT iHub™ development tools and platform, or with Actuate’s BIRT Analytics™ 4.2 predictive analysis solution, Bitext provides two main advantages for the BIRT developer or end user: it produces highly accurate precision and recall; and it lends itself easily to a development process based on continuous improvement. BIRT Analytics 4.2 and Bitext are now available as a combined solution from Actuate.

“We are very pleased to be working together with Actuate to further enrich their leading BIRT commercial suite with Bitext text and semantic analysis power,” said Antonio Valderrabanos, CEO and Founder, Bitext. “With Bitext analyzing unstructured data words as well as meaning, and Actuate performing advanced analysis of structured as well as unstructured, we cover the world of data.”

Bitext enables entity and concept extraction, categorization, and sentiment analysis with a focus on customer-centric business areas such as marketing; customer relationship management and support; content analytics; and any line of business unit that requires advanced analytics. Examples of solutions include text analytics (entity extraction, concept extraction, and sentiment analysis), metatagging (enhanced indexing) and search (natural language interfaces). Currently available for 10 languages, Bitext enables the addition of new languages by including new data sources (dictionaries and grammatical rules).

“Our collaboration with Bitext – providers of advanced semantic solutions for social media, search, and more – extends the types of analysis that can be performed with Actuate’s commercial BIRT developer and end-user platform or solution, by adding the ability to score sentiment toward products and services,” said Josep Arroyo, VP of Analytic Solutions at Actuate. “Users of Actuate with Bitext can now tap more than just negative or positive sentiment analysis. They can also visualize anticipated risks, opportunities and threats for personalized insights, in a single display on any device.”

For a demo of BIRT Analytics 4.2, please visit Actuate’s YouTube Channel:
http://www.youtube.com/watch?v=kxAMwt0hZDQ&feature=youtu.be

For a demo of Bitext’s new API, please visit:
http://www.bitext.com/2013/01/bitext-launches-new-api-demo-site-2.html

About Bitext

Bitext provides B2B multilingual semantic technologies with “documentably” the highest accuracy in the market. Bitext works for companies in three main markets: Text Analytics (Concept and Entity Extraction, Sentiment Analysis) for Business Analytics and Social CRM; Enterprise Feedback Management or Voice of the Customer; and in Natural Language Interfaces for Search Engines and Virtual Assistants.

Bitext services are available through two different channels: the Bitext API, which provides a web service for third-party developers; and Bitext Consulting, which includes on-premise deployment and customization services for other markets (like Contextual Advertising or Business Intelligence).

Bitext comprises a team of linguists that has developed a multilingual and multipurpose Deep Linguistic Analysis platform, which produces high accuracy and easy accountability. This platform is based on a data-driven architecture that covers all aspects of natural language processing technology (morphology, syntax, and semantics).

About Actuate (NASDAQ:BIRT) – The BIRT Company ™

Actuate provides software to more than 3.5 million BIRT developers and OEMs who build scalable, secure solutions that save time and improve brand experience by delivering personalized analytics and insights to over 200 million of their customers, partners and employees. Actuate founded and supports BIRT – the open source IDE – and develops BIRT iHub™ – the world-class deployment platform – to significantly improve productivity of developers working on customer facing applications. Actuate's BIRT Analytics™delivers self-service predictive analytics to enhance customer engagement using Big Data. The Actuate Customer Communications Suite™ empowers organizations to easily transform, process, personalize, archive and deliver high volume content and individualized correspondence. Actuate is headquartered in Silicon Valley with more than 5,000 enterprise customers in financial services, technology and government. Visit actuate.com and developer.actuate.com.

Copyright © 2014 Actuate Corporation. All rights reserved. Actuate, legodo, BIRT iHub, BIRT Analytics, Actuate Customer Communications Suite, The Actuate Document Accessibility Appliance, BIRT onDemand, BIRT Viewer Toolkit, and the Actuate logo are trademarks or registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. The use of the word "partner" or "partnership" does not imply a legal partnership relationship between Actuate and any other company. All other brands, names or trademarks mentioned may be trademarks of their respective owners.

Contacts:

Kate Lynch, Corporate Communications, Actuate
klynch@actuate.com +1.650.678.8658 (mobile)
Jacob Moelter, Market Street Partners
ir@actuate.com +1.415.571.4956 (mobile)