Summertime, and the livin’ is easy, Gershwin’s famous song tells us. The lengthening days may beckon people to relax and slow down, but not at OpenText™ Analytics and Reporting. We are seizing the season and accelerating ambitious plans to help our customers win in a digital-first world. We’ve got momentum behind us – a Summer Wind, to quote another famous song – and we believe that recent analyst reports from Ventana Research and Forrester Research highlight that momentum.
Ventana Research: “Hot Vendor”
OpenText Analytics was named a Hot Vendor in the Ventana Research Analytics and Business Intelligence Value Index, just released. Ventana Research analysts categorize vendors as Hot, Warm, Cold or Frigid. We think being called Hot is pretty cool, and it encourages us to push ourselves farther.
Ventana’s Value Index examines vendors’ products across seven categories – five that evaluate the ability to support business processes associated with analytics and business intelligence, and two covering vendor validation and TCO/ROI. These seven factors are then boiled down to a single number for each vendor. OpenText Analytics earned its Hot rating with an 88.1 on a 100-point scale.
“Actuate (now OpenText) scored as a Hot Vendor with its highest scores in the categories of reliability, adaptability and TCO/ROI,” says Tony Cosentino, VP and Research Director, Business Analytics at Ventana Research. “Actuate continues to make strides in the integration of its portfolio including API documentation, ease of embedding BIRT and with its discovery tool, BIRT Analytics.”
Forrester Research: A “Leader” in Enterprise BI Platforms
We believe that The Forrester Wave Enterprise Business Intelligence Platforms, Q1 2015 report also confirms the momentum behind OpenText Analytics, citing us as a Leader. Forrester’s four evaluation categories are Leaders, Strong Performers, Contenders and Risky Bets; see the four evaluation categories here.
“OpenText Actuate differentiates by scaling to millions of reports and users,” writes Boris Evelson, Vice President and Principal Analyst, in the report. “Its top use cases involve distributing complex, interactive online statements to customers of large financial services institutions.”
Evelson (@bevelson) writes that Forrester tracks more than 100 vendors in the BI market, but only deep-dives on the 11 top vendors for the Wave report. These 11, including OpenText Analytics, were chosen based on product fit, customer success and Forrester client demand, with analysis weighted based on the needs of larger companies and other scenarios.
We’re pleased to be named a Leader in Forrester’s Wave report, and intend to use that momentum to propel OpenText Analytics farther than ever. As yet another classic summer anthem goes: “Catch a wave and you’re sittin’ on top of the world.”
Click to read Tony Cosentino’s summary of the Ventana Value Index report, “Who’s Hot in Analytics and Business Intelligence.”
Click to download the Forrester Wave: Enterprise Business Intelligence Platforms, Q1 2015 report.
Click to view a free replay of Boris Evelson discussing the Forrester Wave report in an OpenText Analytics webinar.
Surfing image by Chris Pizzitola, from Flickr.