SOURCE: Pentaho Corporation

Pentaho Corporation

October 05, 2009 08:00 ET

Pentaho Announces Strategic Technology Acquisition

Open Source BI Leader Expands SaaS-Ready Product Portfolio, Adds Best-in-Class Business User Analytics

ORLANDO, FL--(Marketwire - October 5, 2009) - Pentaho Corporation, the commercial open source alternative for business intelligence (BI), today announced a strategic technology acquisition of technology assets from LucidEra, the early pioneer in Software-as-a-Service (SaaS) business intelligence. The new technology will be packaged as "Pentaho Analyzer Enterprise Edition" and extends Pentaho's capabilities to enable business users to intuitively analyze information, while adding yet another SaaS-ready product to Pentaho's BI portfolio.

"The economic challenges of the last year have only accelerated market adoption of Pentaho's proven commercial open source BI suite," said Richard Daley, CEO of Pentaho Corporation. "We've executed well and that has enabled us to make strategic investments that expand our market opportunity No other player can address the full spectrum of BI requirements for on-premises, SaaS and Cloud BI deployments with the low TCO of commercial open source like Pentaho."

The acquired technology, developed originally by LucidEra and known as "Clearview," provides intuitive, sexy, web-based interactive analytical reporting and analysis to let non-technical business users quickly understand business information. It will be delivered as the front-end interface of the Pentaho Analysis product line for on-premises and cloud-based deployment, and via Pentaho partners who deliver SaaS applications.

Like Pentaho's other products, Clearview was designed to support SaaS delivery of robust and secure business intelligence in multi-tenant implementations typical of SaaS providers. Clearview's SaaS heritage also makes it revolutionary in the BI space because it was designed with a strict requirement to make business users successful with BI, without formal training or the assistance from developers or IT staff traditionally required with both open- and closed-source BI tools.

"Attractive, intuitive business user interfaces are as mandatory in open source BI as they are in other forms of BI," said Dr. Claudia Imhoff, President and Founder of Intelligent Solutions and Fellow of The Data Warehousing Institute. "This acquisition makes a lot of sense for Pentaho and should make the technology attractive to a wider audience of users."

Rather than following the customer-unfriendly pricing and packaging decisions that have been the side effect of recent BI industry consolidation, Pentaho is taking a unique and customer-centric approach to this acquisition. Pentaho will include the new capabilities for all existing and new subscription customers for both its Pentaho Analysis Enterprise Edition product as well as Pentaho BI Suite Enterprise Edition without any change in pricing.

A free web seminar providing a brief product overview, in-depth demonstration, and interactive Q&A will be held on Thursday, October 15 at 2pm eastern U.S. time.

Register for the web seminar at: http://tinyurl.com/pentahoanalyzer

About Pentaho Corporation

Pentaho Corporation is the commercial open source alternative for Business Intelligence (BI). Pentaho BI Suite Enterprise Edition provides comprehensive reporting, OLAP analysis, dashboards, data integration, data mining and a BI platform that have made it the world's leading and most widely deployed commercial open source BI suite. Pentaho provides support, services, and product enhancements via an annual subscription that can lower total cost of ownership by 90% compared to traditional, proprietary BI offerings. Since its 2004 founding as the pioneer in open source BI, Pentaho's products have been downloaded more than five million times, with production deployments at companies ranging from small organizations to The Global 2000. For more information, visit www.pentaho.com.