MEXICO CITY and CHELMSFORD, Mass., March 6, 2012 /PRNewswire/ -- Datawatch Corporation (NASDAQ-CM: DWCH) and Technolab Corporation announced today that they have signed a reselling agreement that calls for Technolab to add Datawatch's report analytics products and services to its Business Intelligence and Enterprise Performance Management solutions and capabilities in Latin America. This reselling relationship will initially focus on targeting the financial services, public and distribution markets in the fast growing economies of Mexico, Brazil, Argentina and Panama, with other sectors and countries to soon follow.
"An important aspect of our high growth business strategy is expanding our partner ecosystem and geographic reach," said Michael Morrison, president and CEO, Datawatch. "With Technolab, we achieve both of these goals with a well-respected business consultancy that has extensive reach in Latin America, as well as a rich background in business intelligence solutions. We at Datawatch firmly believe that report analytics fills the business intelligence "blind spot," and the combination of our Datawatch Report Analytics platform with traditional analytical solutions provides the most complete view of information that drives the best informed decisions throughout organizations."
"Technolab is unique in its ability to provide the Latin American marketplace with a full range of services focused on Business Intelligence and Enterprise Performance Management solutions," said Paulo Dominguez, CEO, Technolab. "We pride ourselves on our ability to deliver complete solutions including Business Intelligence Centers of Excellence, Managed Support Services and SaaS. The addition of Datawatch Report Analytics fills a gap in our BI portfolio. Now, Technolab can provide our Latin American clients with the ability to immediately and effectively access all of the actionable information previously "locked away" in disparate formats – such as the existing reports required to run their businesses – at a fraction of the cost of traditional analytical solutions."
Datawatch becomes one of Technolab's key strategic alliance partners in Latin America. Technolab becomes part of a growing portfolio of international partners capable of delivering Datawatch's Report Analytics platform to key markets around the world.
The Datawatch Report Analytics Platform
The Datawatch Report Analytics platform takes report mining to a new level: it is a complete enterprise solution that transforms static, isolated data from existing reports into a dynamic framework for self-service analysis and visualization. The Datawatch Report Analytics platform automates the processes that enable users to easily access, extract and incorporate data from any combination of existing reports already published inside or outside the enterprise, then create, publish and distribute the resulting dynamic, interactive reports throughout the enterprise – without requiring the time, expense or expertise of valuable IT resources. The Datawatch Report Analytics platform includes:
Monarch Data Pump for automating repetitive processes for acquiring, validating, integrating, scheduling and distributing report data;
Monarch Enterprise Server, for Web-based distribution and presentment of dynamic reports throughout the enterprise, including capabilities to archive these reports for proper information governance to satisfy the needs of internal auditors and regulatory bodies;
Monarch Report Mining Server, for data mining and analytics on reports and documents stored in enterprise content management systems such as IBM's Content Manager OnDemand, ASG Mobius ViewDirect and others; and
Technolab Corporation provides business and technology strategy, managed services, implementation consulting, training, and systems integration services to clients throughout Latin America. Technolab's more than 250 worldwide clients include Global 2000 and Fortune 1000 companies, medium-sized businesses and government agencies. Technolab is a Certified Oracle Platinum Partner and has earned Oracle's "Best Hyperion Consultant Partner in Latin America" award. Based in Miami, Florida, Technolab has offices in nine countries, including Argentina, Brazil, Chile, Mexico, Peru and Uruguay. For more information, visit www.technolabcorp.com.
About Datawatch Corporation
Datawatch Corporation (NASDAQ-CM: DWCH) empowers organizations to transform the massive amounts of valuable information that is trapped in static reports, PDF files, HTML and other content-rich, but difficult-to-use data sources, into a dynamic information analytics system that accelerates and improves decision-making throughout their operations. Datawatch's technology allows its more than 40,000 customers worldwide to leverage the investments they have made in reports from ERP, CRM and other custom applications into a high performance analytic information system at a fraction of the cost and time of traditional approaches. Datawatch is headquartered in Chelmsford, Massachusetts with offices in London, Munich, Sydney and Manila, with partners and customers in more than 100 countries worldwide. For more information, visit www.datawatch.com.