Jaspersoft has moved on to version 3.5, making it the industry's first multi-tenanted SaaS-enabled Business Intelligence platform. It's also got enhanced user and data scalability and new integrated web-based analysis capabilities that don't need a data warehouse or OLAP server. Hence it's cheaper.

The upgrade claims new in-memory analysis capabilities that integrate directly into reports and dashboards, making sophisticated data analysis assessable to more users complements of the browser and the memory in the client.

Jaspersoft says it's trying to "bring BI to the people" not the other way around. It also says it's sensitive to administrator headaches.

One of the biggest sales hurdles facing the open source company is the "roll your own" tendency of potential accounts, according to marketing VP Nick Halsey. Jaspewrsoft's native SaaS support is meant to address the issue of people constantly reinventing the wheel and provide OEMs and ISV with out-of-the-box tooling.

It says it's got around 50 OEMs using the SaaS feature.

Jaspersoft claims 10,000 commercial customers that buy instances of support and training. Otherwise it's got "several hundred" Professional licenses that run $15,000 for an annual subscription for a two-CPU x86 server and unlimited users. Its free community code is supposed to make it one of the most widely used BI software.

With the new upgrade it claims more functionality than proprietary vendors.

In the quarter ending in January sales were reportedly up 40%, better than the company expected, working out to 80% year-over-year growth.

It attributes its performance to a combination of factors including the down economy and the growing maturity of the product demonstrated last June with the new functionality it put in version 3. It says 30% of its business is with billion-dollar companies and the rest with concerns doing $100 million and up.