Actuate Announces Global Alliance with L&T Infotech

Monday, 29 August 2011, 15:25 IST
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BANGALORE: NASDAQ-listed Actuate Corporation announced a global alliance with Larsen & Toubro Infotech Ltd (L&T Infotech). As part of the alliance, L&T Infotech and Actuate would collaborate to deploy BIRT and ActuateOne-based custom business intelligence and information applications for the financial services, construction, infrastructure and manufacturing industries to grow their pipeline of mutual clients, Actuate said in a statement. Additionally, L&T Infotech would train its employees in ActuateOne and BIRT. "Many of our clients use open source platforms and we are seeing a growing interest in BIRT and ActuateOne within our client base", V K Magapu, Director In-Charge of L&T Infotech and Whole-time Director & President (IT, Engineering Services and Corporate Initiatives), L&T, said. "...the fact that over 40 per cent of application developers in India are already using or plan to use BIRT within the next 12 months, represents a great opportunity for L&T Infotech and Actuate," Actuate Corporation President and CEO Pete Cittadini.
Source: PTI