Fortune 50 Managed Health Care Provider Reduces Costs And Optimizes Business Processes With Datawatch Enterprise Content Management Analytics Hundreds of Users to Leverage Datawatch Solutions to Improve Business Performance by Maximizing the Value of Big Data Stored in Enterprise Content Management Systems
CHELMSFORD, Mass., March 27, 2013 /PRNewswire/ -- Datawatch Corporation (NASDAQ-CM: DWCH), the leading global provider of information optimization solutions, today announced that one of the largest managed health care providers in the United States has selected Datawatch to deliver on-line analytics for its ASG Mobius ViewDirect and IBM Content Manager OnDemand enterprise content management solutions. Healthcare is awash with critical information related to patient care, clinical trials, claims and billing, population health and industry regulations. With the dramatic changes underway in the healthcare industry, such as accountable care organizations, it is essential that all of this information be properly leveraged to optimize business processes. Enterprise content management, or "ECM", systems have historically been central to capturing and storing the valuable patient information, insurance details and supplier reports that are necessary for the proper functioning of the industry. These ECM systems are the "original Big Data systems" and house a tremendous amount of valuable business information. The market is increasingly recognizing the analytic value that can be derived from these ECM systems and companies are turning to Datawatch to unlock this value and deliver faster results and improve decision-making. This major health care provider chose Datawatch Monarch Professional and Datawatch Report Mining Server as its enterprise ECM analytic platform to augment its ASG Mobius ViewDirect and IBM Content Manager OnDemand enterprise content management repositories.
"This most recent win is more validation that the market for ECM analytics is exploding, and we are excited to be recognized by many Fortune 50 companies as the only credible vendor to service the requirements for enterprise-wide content management analytics," said Ben Plummer, Chief Marketing Officer and Senior Vice President, Strategic Alliances for Datawatch. "We are seeing increasing customer adoption of our information optimization solutions for enterprise content management system analytics, as well as increasing interest from the major enterprise content management vendors as well. While this major managed health care provider had options when deciding on enterprise content management solutions, there is only one legitimate analytic solution that can leverage the information contained in a variety of ECM systems – the Datawatch Information Optimization Platform. Our unique ability to federate data from many ECM systems into a single analytic platform – including systems from major ECM vendors such as IBM, EMC, Open Text, Perceptive, Hyland, ASG and Alfresco - offers our customers and the marketplace unparalleled value."
DocuAnalyzer or Mobius ViewDirect customers that are exploring alternatives can contact Datawatch by email at email@example.com or by calling 1-978-275-8222 to learn more about the latest features and support options for the current version of Monarch Professional and Report Mining Server, as well as upgrade paths from DocuAnalyzer and Mobius ViewDirect.
ABOUT DATAWATCH CORPORATION
Datawatch Corporation (NASDAQ-CM: DWCH) is a leader in providing information optimization products and solutions that allow organizations to deliver the greatest data variety possible into their big data and analytic applications. Datawatch provides organizations the ability to integrate structured, unstructured, and semi-structured sources like reports, PDF files, and EDI streams into these applications to provide a 360 degree perspective of the issues and opportunities that exist in their businesses. More than 40,000 organizations worldwide use Datawatch's products and services, including 99 of the Fortune 100, and businesses of every type can benefit from the power and flexibility of Datawatch's industry leading solutions. Datawatch is headquartered in Chelmsford, Massachusetts with offices in London, Munich, Singapore, Sydney and Manila, and with partners and customers in more than 100 countries worldwide. For more information, visit www.datawatch.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; 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 information optimization in particular; Datawatch's dependence on its principal products, proprietary software technology and software licensed from third parties; risks associated with international sales; risks associated with indirect distribution channels; the adequacy of Datawatch's sales returns reserve; risks associated with a subscription sales model; risks associated with acquisitions, including the recent acquisition of intellectual property from Math Strategies; 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 and Form 10-Q for the quarter ending December 31, 2012. Any forward-looking statements should be considered in light of those factors.
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