Actuate (R) Corporation, founded in 1993 and based in San Mateo, California, develops enterprise reporting and performance management systems. The company's systems support the delivery of contextual information to internal and external enterprise users. Enterprise reporting products offer users web reporting, business analysis, and spreadsheet reporting tools. The Actuate Performancesoft Suite performance management products include metrics and activity management features. Java reporting products offer users embeddable Java components. The components, built on the Eclipse open source Business Intelligence and Reporting Tools (BIRT) technology, support the automation of web and spreadsheet reporting processes. Actuate is known for its iServer, iPortal, Actuate Analytics, Actuate Analytics Designer, BusinessReport, BusinessReport Studio, e.Reports, e.Spreadsheet Designer, and Information Object Designer products. The firm also offers customers systems development, integration, and training services. Actuate serves 4,000 clients across the health care, life sciences, software, telecommunications, education, utilities, and government sectors. The company has subsidiaries in Canada, Singapore, France, Germany, Japan, Switzerland, China, and the United Kingdom. It has formed alliances with IBM, BEA, Eclipse Foundation, SAP, and Oracle. The company is listed on NASDAQ under the ACTU symbol. Actuate has won recognition from 'Bank Technology News.'