Datawatch and Monarch Experts Announce Partnership Partnership Provides Existing Datawatch Customers an Experienced Resource to Support Transition to New Visual Data Discovery Platform
CHELMSFORD, Mass. and LONDON, Feb. 21, 2014 /PRNewswire/ -- Datawatch Corporation (NASDAQ-CM: DWCH), a leading global provider of visual data discovery solutions, and Monarch Experts, the leading specialist consultancy supporting the Information Optimization and Visual Data Discovery Platform from Datawatch, today announced an international partnership that will assist existing users with the migration to the new range of Datawatch solutions. In addition, Monarch Experts will provide business process re-engineering, data migration and enterprise level support for models and key user projects.
With more than a combined 50 years' expertise with the Datawatch product family, both as customers and independent consultants, Monarch Experts have deployed and supported Datawatch solutions in Banking, Healthcare, IT and Public Sector organisations. This new agreement will cover Europe, including all English, French and German speaking countries, as well as North America.
"Datawatch is continuing to evolve and bring even more innovative software to our customers. Our new visual data discovery capabilities are an exciting new addition to our product portfolio and it is important we bring this new set of capabilities to our existing customers. I'm delighted to be able to announce this partnership with Monarch Experts, which will help thousands of organisations using our technology to adopt the new visual data discovery platform," said Ben Plummer, chief marketing officer and senior vice president of Strategic Alliances at Datawatch. "By upgrading to Datawatch Desktop our existing customers will not only be able to deliver high value visualizations against the unstructured sources they are currently using, but they will be able to extend this to include direct access to streaming real-time sources as well as a host of Big Data stores," he added.
Datawatch customer Christ Daamen, director of business improvement at Stahl Holdings, adds, "Like many longstanding Datawatch users, we knew that we needed to scale and automate our reporting, but we weren't sure how to deliver this. Monarch Experts' independent advice on Datawatch's technology has helped us plan our strategy."
Olly Bond, founder of Monarch Experts concludes, "As customers make the move from desktop to enterprise solutions, they face a new set of challenges and opportunities to get their most from their existing investment. With project management automation, training and consultancy skills we have already helped over 3,000 users in the Datawatch support forums. I am delighted that we will now be able to offer certified Professional Services to all users."
ABOUT DATAWATCH CORPORATION
Datawatch Corporation (NASDAQ-CM: DWCH) provides visual data discovery software that optimizes any data – regardless of its variety, volume, or velocity – delivering next generation analytics to reveal valuable insights for improving business. Its unique ability to integrate structured, unstructured, and semi-structured sources like reports, PDF files and EDI streams with real-time streaming data into visually rich analytic applications allows users to dynamically discover key factors that impact any operational aspect of their business. This ability to perform visual discovery against any data sets Datawatch apart in the big data and visualization markets. Organizations of every size, worldwide use Datawatch products, including 99 of the Fortune 100. Datawatch is headquartered in Chelmsford, Massachusetts with offices in New York, London, Munich, Stockholm, Singapore, Sydney and Manila, and with partners and customers in more than 100 countries worldwide. See the Whole Story for yourself by downloading the free trial at www.datawatch.com/trial.
About Monarch Experts
Monarch Experts are the leading specialist consultancy supporting the Information Optimization and Data Visualisation Platform from Datawatch. All the Monarch Experts are Datawatch Certified Consultants, have all worked for organisations as Datawatch customers and know first-hand how Monarch, Data Pump and Enterprise Server can help solve real world problems. Faced with the challenge of legacy models and processes, Monarch Experts are used to helping customers review, audit and update models and projects. Offering business process re-engineering, data migration and training, Monarch Experts help maximise return on investment.
Based in the US, Ireland, UK and Germany, Monarch Experts are all Datawatch Certified Consultants and Greenbar Analytics is a Datawatch Certified Partner. Completely independent of Datawatch and with no stock options, Monarch Experts have supported thousands of Monarch users through www.monarchforums.com. For more information, please visit www.monarchexperts.com
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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, including but not limited to those relating to results of operations, contained herein 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: risks associated with the continuing weak global economy; risks associated with fluctuations in quarterly operating results due, among other factors, to the size and timing of large customer orders; risks associated with acquisitions, including the recent acquisition of intellectual property from Math Strategies and the acquisition of Panopticon; the volatility of Datawatch's stock price; limitations on the effectiveness of internal controls; rapid technological change; Datawatch's dependence on the introduction of new products and possible delays in those introductions; competition in the software industry generally, and in the markets for next generation analytics in particular; Datawatch's dependence on its principal products, proprietary software technology and software licensed from third parties; risks associated with international sales and operations; risks associated with indirect distribution channels and co-marketing arrangements, many of which were only recently established; the adequacy of Datawatch's sales returns reserve; risks associated with a subscription sales model; Datawatch's dependence on its ability to hire and retain skilled personnel; disruption or failure of Datawatch's technology systems that may result from a natural disaster, cyber-attack or other catastrophic event; and uncertainty and additional costs that may result from evolving regulation of corporate governance and public disclosure. 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, 2013 and Form 10-Q for the quarter ended December 31, 2013. Any forward-looking statements should be considered in light of those factors.
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