Datawatch Names Carahsoft Master Government Aggregator Partnership Provides Availability of Visual Data Discovery Solutions to Government Sector
CHELMSFORD, Mass., March 3, 2014 /PRNewswire/ -- Datawatch Corporation (NASDAQ-CM: DWCH), a leading global provider of visual data discovery solutions, today announced it has named Carahsoft Technology Corp., the trusted government IT solutions provider, as its master government aggregator. Under the agreement, Carahsoft has added Datawatch to its GSA schedule and is now proactively marketing and selling Datawatch's solutions to the public sector via its extensive ecosystem of partners.
Datawatch's visual data discovery solutions provide government agencies with the ability to access any variety of data, including semi-structured and unstructured sources, in any volume of data, at the velocity of their business including real-time streaming sources in a visual data discovery environment.
"We are excited to add Datawatch to our portfolio of Big Data offerings and to make these cutting-edge data visualization solutions available to our government customers and partners," said Michael Shrader, vice president of Intelligence and Innovative Solutions at Carahsoft. "Datawatch associates all relevant data in a visually rich and detailed environment that helps agencies isolate and resolve problems as they occur, perceive hidden patterns, track emerging trends and improve business processes and support their missions."
Unique in the market place, Datawatch's visual data discovery solution provides users with data outside of relational data sources such as PDFs, EDI Streams, HTML, XML, machine data and log files, giving them a true 360 degree view. For instance, Datawatch lets users access and analyze information trapped in reports generated by systems such as Crystal, Cognos, Micro Strategy, Information Builders, SAS, Intelsoft, Computron, any legacy systems, mainframe, CRM, HRIS, Excel/Access, as well as many other business systems and BI tools. By creating a visual paradigm that allows for both consumption of data and subsequent interactive data discovery, Datawatch lets agencies spend less time structuring data and more time analyzing it.
"In today's world of Big Data it's critical that organizations use all their information–structured, unstructured--and streaming real-time sources to optimize performance and make the right decisions faster," said Ben Plummer chief marketing officer and senior vice president of strategic alliances of Datawatch. "This is especially critical in the Government Sector where organizations need to be more productive, streamline processes, deliver better service, and meet mandated compliance goals in a secure, integrated way. We are thrilled to partner with Carahsoft in order to bring visual data discovery to this key sector."
Datawatch's solutions are available immediately via Carahsoft's GSA Schedule GS-35F-0119Y. For more information contact Carahsoft at 888-662-2724 or learn more by attending the "Learn How Visual Data Discovery Can Change Your Business," webcast Thursday, March 6 at 2PM ET, 11AM PT.
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.
Carahsoft Technology Corp. is the trusted Government IT solutions provider. As a top-ranked GSA Schedule Contract holder, Carahsoft serves as the master government aggregator for many of its best-of-breed vendors, supporting an extensive ecosystem of manufacturers, resellers, and consulting partners committed to helping government agencies select and implement the best solution at the best possible value.
The company's dedicated Solutions Divisions proactively market, sell and deliver VMware, Symantec, EMC, Adobe, F5 Networks, Open Source, HP, SAP, and Innovative and Intelligence products and services, among others. Carahsoft is consistently recognized by its partners as a top revenue producer, and is listed annually among the industry's fastest growing firms by CRN, Inc., Washington Technology, The Washington Post, Washington Business Journal, and SmartCEO. Visit us at www.carahsoft.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, 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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