New Ovum Report Says Datawatch Monarch Solves Urgent Data Preparation Problems for All Kinds of Self-Service Analytics
(Thomson Reuters ONE) -
"Battle Tested by Years of Experience Working With Financial Data"
CHELMSFORD, Mass., Aug. 31, 2015 (GLOBE NEWSWIRE) -- Companies who need to blend
complex datasets from extremely diverse data sources for self-service analytics
would be wise to use Datawatch Monarch. That is one of several key findings from
a recently published evaluation of the technology by global IT research and
analyst firm, Ovum.
Ovum's new SWOT Assessment: Datawatch Monarch, Version 13 report digs deep under
the hood of Datawatch Corporation's (NASDAQ:DWCH) flagship software to
objectively assess its strengths, weaknesses, opportunities and threats (SWOT)
in the fast-growing market for desktop-based self-service analytics tools.
"Compared to many vendors that are barely past their start-up roots in the self-
service analytics world, Datawatch is a 20 year old data management veteran. The
vendor has successfully catered to complex data management challenges at very
large clients and its software has been battle-tested in regulated verticals
such as financial services and healthcare." - OVUM
"Datawatch Monarch is the only solution that can automatically extract data
trapped in reports, files, web pages and other multi-structured content not
accessible to analytics tools," said Dan Potter, chief marketing officer for
Datawatch. "You can quickly prepare and blend this multi-structured data
together with data from other sources including Big Data, and traditional
relational sources. It enables users to create rich, interactive data-driven
solutions to complex business problems at a fraction of the cost and time of a
traditional BI project."
Because handling data from diverse sources is one of the biggest problems
impeding analytics, Ovum's Senior Analyst, Surya Mukherjee, finds that
"Datawatch Monarch addresses a significant concern that we see plaguing self-
service analytics vendors - of blending, viewing, and wrangling complex datasets
that generate from three or more data sources, none of which have the
same schema, update schedules, or even security levels. The product
differentiates on the wide variety of sources it can work with (even website
scrapes and pdf documents) and on the granular security levels it can provide -
battle-tested by years of experience of working with financial data. We believe
that with the right technology and system integration partnerships, Datawatch
Monarch is ready for accelerated growth."
The report cites four core strengths of the software in particular that make it
ideal for visual analytics, dash-boarding and reporting while working within
established governance and mandates around managing data:
* Its ability to provide a full range of integration methods and connectors,
differentiating on file systems connections and scraping capabilities
* Its suitability for complex data blending jobs involving multiple disparate
sources
* A graphical and easy-to-use interface, even for a new user
* And strong data security and governance capabilities.
"We are pleased that Ovum's assessment acknowledges the core differentiation for
Datawatch which addresses the most significant concerns in the rapidly growing
self-service analysis market," said Potter. "Our ability to handle both the
complex data with the same ease as other traditional data is unique and our
customers are fully realizing the agility of self-service analytics."
Ovum's SWOT reports are an independent assessment of a specific solution or
service, examining features and capabilities, SWOT analysis, enterprise
deployment considerations, and vendor's product strategy.
Compared to many vendors that are barely past their start-up roots in the self-
service analytics world, Datawatch is a 20 year old data management veteran. The
vendor has successfully catered to complex data management challenges at very
large clients and its software has been battle-tested in regulated verticals
such as financial services and healthcare.
ABOUT OVUM
Ovum is a leading global technology research and advisory firm. Through its 180
analysts worldwide it offers expert analysis and strategic insight across the
IT, telecoms, and media industries. Founded in 1985, Ovum has one of the most
experienced analyst teams in the industry and is a respected source of guidance
for technology business leaders, CIOs, vendors, service providers, and
regulators looking for comprehensive, accurate, and insightful market data,
research, and consulting. With 23 offices across six continents, Ovum offers a
truly global perspective on technology and media markets and provides thousands
of clients with insight including workflow tools, forecasts, surveys, market
assessments, technology audits, and opinion. In 2012, Ovum was jointly named
Global Analyst Firm of the Year by the IIAR.
Ovum is a division of Informa plc, one of the leading business and academic
publishing and event organisers globally, headquartered in London. Informa is
quoted on the London Stock Exchange.
About Datawatch Corporation
Datawatch Corporation (NASDAQ:DWCH) provides the only Managed Analytics Platform
that brings together self-service data preparation with visual data discovery.
Its software bridges the gap between the ease that business user's demand and
the automation and governance needed by IT. Users can quickly discover key
factors that improve their business by transforming data from multi-structured
sources, as well as real-time streaming data, into visually rich analytic
applications. Organizations of every size, worldwide use Datawatch products,
including 93 of the Fortune 100. Datawatch is headquartered in Chelmsford,
Massachusetts with offices in New York, London, Frankfurt, Stockholm, Singapore,
Melbourne and Manila, and with partners and customers in more than 100 countries
worldwide. Learn more at www.datawatch.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995
Any statements contained in this press release that do not describe historical
facts may constitute forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. Any such statements contained
herein, including but not limited to those relating to product performance and
viability, are based on current expectations, but are subject to a number of
risks and uncertainties that may cause actual results to differ materially from
expectations. The factors that could cause actual future results to differ
materially from current expectations include the following: rapid technological
change; Datawatch's dependence on the introduction of new products and product
enhancements and possible delays in those introductions; acceptance of new
products by the market, competition in the software industry generally, and in
the markets for next generation analytics in particular; and Datawatch's
dependence on its principal products, proprietary software technology and
software licensed from third parties. Further information on factors that could
cause actual results to differ from those anticipated is detailed in various
publicly-available documents, which include, but are not limited to, filings
made by Datawatch from time to time with the Securities and Exchange Commission,
including but not limited to, those appearing in the Company's Annual Report on
Form 10-K for the year ended September 30, 2014 and Forms 10-Q for the quarters
ending December 31, 2014, March 31, 2015 and June 30, 2015. Any forward-looking
statements should be considered in light of those factors.
© 2015 Datawatch Corporation. Datawatch and the Datawatch logo are trademarks or
registered trademarks of Datawatch Corporation in the United States and/or other
countries. All other names are trademarks or registered trademarks of their
respective companies.
Investor Contact:
Datawatch Investor Relations
investor(at)datawatch.com
Phone: (978) 441-2200 ext. 8323
Media Contact:
Sarah Bernardi
Datawatch Corporation
Sarah_Bernardi(at)datawatch.com
Phone: (978) 441-2200 ext. 8387
Twitter: (at)datawatch
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Datawatch Corporation via GlobeNewswire
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Datum: 31.08.2015 - 14:55 Uhr
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