Datawatch Launches Into French Market Hires Former IBM, Spotfire Executives to Head Up New Operations
CHELMSFORD, Mass. and LONDON, Dec. 4, 2013 /PRNewswire/ -- Datawatch Corporation (NASDAQ-CM: DWCH), the leading global provider of visual data discovery solutions, today announced it is bringing its next-generation analytics software to France with the opening of a new sales office and the hiring of Big Data experts formerly from IBM, Spotfire and Roambi.
Datawatch opened a new office under the name Datawatch SARL, which will serve financial, telecoms, energy, retail and other data-driven companies in France and French-speaking regions of Switzerland.
The French operations will be headed by Georges Gavelle, Country Manager France. Gavelle brings to the position more than 18 years of software industry experience working in the areas of business intelligence, financial services, corporate governance and life sciences. His resume includes working for leading companies like IBM, Cognos, Siebel, and most recently, Roambi, where he was Sales Director, France for the mobile business intelligence company.
He is joined by Victor Coustenoble, an analytics and data visualization expert who will lead the pre-sales team in France. Coustenoble joins Datawatch from Spotfire (a TIBCO company), where he was a senior solution consultant with 14 years of tech industry experience. His core function will be to help customers develop real-time analytic solutions and give them access to a variety of data in hard-to-reach formats providing 360 degree insight into their entire business operations. His previous experience includes working for Atos Origin and business intelligence companies, Jedox, and KXEN.
Datawatch is expanding into the region to meet the needs of French companies who are increasingly searching for real-time analytics to convert their growing Big Data stores into actionable intelligence. Datawatch offers them a visual data discovery solution that can leverage all the structured, semi-structured and unstructured data within their organizations, including real-time sources.
"French companies are sitting on enormous volumes of data that, until, now they have been unable to utilize fully," said Gavelle. "There is an urgent need in France to harness and visualize all of the relevant information to run their business regardless of its type, its size or the speed in which it's delivered. Datawatch has a compelling value proposition that will resonate with customers – the ability to access and visualize any type of data at the speed of their business."
"Launching into France is a pivotal element in our EMEA expansion strategy," adds Haj Muntz, general manager, EMEA. "France is one of the largest economies in Europe, second only to Germany where we already have a presence. Leading enterprises are now investing in their infrastructures as we emerge from a prolonged period of fiscal restraint. However, executives recognize the need to identify new markets and intelligently apply resources to these new opportunities. Datawatch's unique solutions provide invaluable, often real-time insight, which allows organisations to make these critical operational business decisions."
"Also, a key factor in any successful expansion is having the right people in place. With Georges and Victor we have a core team that already has proven success. I look forward to working with them to build a substantial presence in France," concludes Muntz.
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 allow 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, 2012, Form 10-Q for the quarters ended December 31, 2012, March 31, 2013 and June 30, 2013, and Definitive Proxy Statement on Schedule 14A filed with the SEC on August 5, 2013. Any forward-looking statements should be considered in light of those factors.
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