Jaspersoft Triples Sales In Latin America, One Of The Fastest Growing Markets For The Open Source Business Intelligence Software Company

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SAN FRANCISCO, July 6, 2012 /PRNewswire/ -- Jaspersoft, maker of the world's most widely used business intelligence (BI) platform, is experiencing tremendous growth and momentum in the Latin American countries.  The company has grown its revenues by more than three times in the region over the past two years, making Latin America one of the fastest-growing markets for the company.  Customers cite the company's robust feature set and value compared to proprietary business intelligence solutions, and its easy integration with other technologies as the main reasons for selecting Jaspersoft.

While most of the growth recently has been from companies in Brazil, Colombia, Chile and Mexico, Jaspersoft is seeing an increased customer set from Argentina and Central America and Caribbean.  Customers have come from all kinds of industries, but Jaspersoft has seen exceptional interest from the banking, pharmaceutical and telecommunications sectors.  Jaspersoft customers in Latin American include companies such as:

• Amarey Medical
• Banco Santander de Mexico S.A de C.V.
• Federacion Nacional de Cafeteros de Colombia, the parent company of Juan Valdez coffee
• Psicofarma S.A. de C.V.
• Telefonica

"Our customers in Latin America are looking for a business intelligence solution that works with the systems they already have in place, but lets them get more data and information out of them to make better decisions," said Brian Gentile, CEO of Jaspersoft.  "They also want a solution that is budget-friendly.  Jaspersoft gives them the rich feature-set of a proprietary solution but with a lower total cost of ownership and without the headaches of integration and maintenance.  We're excited to deliver our solutions to the fast-growing Latin American market."

According to Gartner, a leading analyst research firm, Latin America is the fastest growing region in the world for business intelligence software.  In 2011, Gartner cited the region's market for business intelligence platforms was $287M, demonstrating a 35% growth over 2010.  (Market Share: All Software Markets, Worldwide, 2011, 29 Mar 2012 | ID: G00228712 By Colleen Graham, Joanne M. Correia, David M. Coyle, Fabrizio Biscotti, Matthew Cheung, Ruggero Contu, Yanna Dharmasthira, Tom Eid, Chad Eschinger, Bianca Francesca Granetto, Hai Hong Swinehart, Sharon A. Mertz, Chris Pang, Asheesh Raina, Dan Sommer, Bhavish Sood, Laurie F. Wurster, Jie Zhang, Marianne D'Aquila, Alan Dayley, Hideaki Horiuchi and Masaki Suzuki.)

"We chose Jaspersoft for its ease of use and fast implementation of production reports and dashboards," said Viviana Salazar, Coordinadora Proyectos Web, Federacion Nacional de Cafeteros de Colombia, the parent company of Juan Valdez coffee.  "We have multiple systems and it was taking a long time to deliver actionable reports to our management. With Jaspersoft we were able to solve that issue in two months."

Jaspersoft is working with some of the top implementation partners in Latin American to assist with serving its customers there.  Jaspersoft's partners include IT Nova in Columbia and IT Management in Chile.

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About Jaspersoft

Jaspersoft provides the most flexible, cost effective and widely deployed Business Intelligence (BI) suite in the world, enabling better decision-making through highly interactive reports, dashboards and analytics. By leading in support for cloud, big data, and mobile deployments, Jaspersoft helps its customers deliver on the promise of self-service BI at scale. Leveraging a commercial open source business model and a Community of more than 275,000 registered members, Jaspersoft's open source BI software has been downloaded more than 16 million times. Jaspersoft production deployments, in excess of 175,000, power 130,000 data-driven applications spanning 15,000 commercial customers. Jaspersoft is privately held and has locations around the world. For more information visit http://www.jaspersoft.com and http://www.jasperforge.org.

SOURCE Jaspersoft