Datawatch Announces Global Partnership with OSIsoft Integration Brings Advanced Real-Time Visualization to OSIsoft PI System
CHELMSFORD, Mass., March 18, 2014 /PRNewswire/ -- Datawatch Corporation (NASDAQ-CM: DWCH), a leading global provider of visual data discovery solutions, today announced a partnership with OSIsoft, and the release of its real-time data connector to the OSIsoft PI System. OSIsoft produces the PI System, the leading operational data infrastructure for real-time data and event processing. Through this partnership, Datawatch will extend OSIsoft's industry-leading infrastructure with business-driven data visualization capable of allowing organizations to see the operational aspects of their businesses in real time.
The Datawatch PI System connector provides seamless integration between OSIsoft's PI System and Datawatch's visual data discovery platform. OSIsoft users are now able to quickly develop visualizations of streaming PI System data using Datawatch Desktop and then deploy these solutions securely across their enterprises with Datawatch Server.
"We are extremely excited about the prospects for our partnership with OSIsoft," said Ben Plummer, chief marketing officer and senior vice president of Strategic Alliances for Datawatch. "The ever-increasing speed of today's business requires constant access to information, and OSIsoft's vision for delivering this information in real time is a critical part of an organization's infrastructure. When you couple their capabilities with Datawatch's visual data discovery solutions, users gain the ability to quickly spot trends as they occur in their businesses – delivering a competitive edge."
"This partnership brings significant value to our mutual customers by demonstrating how real-time data visual analytics helps organizations discover patterns and correlations in their PI system data and more quickly see and react to problem areas," said Richard Beeson, Chief Software Architect at OSIsoft. "Datawatch and OSIsoft share an understanding of the value of gaining a broad view of your business over time through the use of historical and real-time sources, making this a natural partnership."
Datawatch and OSIsoft will be jointly promoting the connector to market together, and the initial launch of the connector will take place at the OSIsoft User Conference in San Francisco March 25-26, 2014. For customers of OSIsoft wishing to learn more about the Datawatch connector please contact Datawatch directly at 800-445-3311 or visit our website at www.datawatch.com.
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.
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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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