CHELMSFORD, Mass., Aug. 29, 2012 /PRNewswire/ -- Datawatch Corporation (NASDAQ-CM: DWCH), the leading global provider of information optimization solutions, today announced the appointment of business intelligence industry veteran Jon Pilkington as Vice President of Products. Mr. Pilkington will be responsible for the overall product management strategy and direction for Datawatch's information optimization solutions as the company seeks to capitalize on rapidly growing opportunities in Big Data and the cloud.
Mr. Pilkington brings more than two decades of business analytics experience to Datawatch, including 18 years in the business intelligence market. He joins Datawatch from Sonian Systems, a public cloud email archiving vendor, where he served as vice president of marketing and product management. Mr. Pilkington helped that company raise more than $20 million in venture funding while establishing Sonian as a global leader in public cloud email archiving. Prior to Sonian, Mr. Pilkington was vice president of marketing and product management at Metatomix, a real-time data integration vendor. Mr. Pilkington previously spent 13 years at Cognos in a variety of executive roles, including vice president of business intelligence product management, vice president of global solution architects and vice president of North American field marketing.
"Jon's breadth of experience in the traditional business intelligence space as well as in the emerging cloud arena makes him an excellent addition to our executive team," said Michael A. Morrison, president and CEO of Datawatch. "Big Data and the cloud represent two exciting high-growth areas for Datawatch and we need strong leadership to help us most effectively seize this opportunity. We expect Jon will have an immediate impact on our product strategy and product roadmap, and accelerate the delivery of innovations in new markets at an advanced pace."
"In order to best address the challenges of Big Data, organizations must develop strategies to manage the variety of data sources and formats that exist in the enterprise," said Mr. Pilkington. "The trick is to capture and transform these different types of data in a way that makes it possible to easily correlate and share the information that is contained in the data. Nobody does this better than Datawatch. Throughout my years in the business intelligence industry, I have seen many organizations fall far short of the 'whole story' simply because data rarely presents itself in a form perfectly ordered and ready for processing. Datawatch's solutions are uniquely capable of transforming complex, semi-structured data into purposeful information to improve decision-making throughout an organization. I am eager to help Datawatch continue to distinguish itself at this very exciting time in the market."
Mr. Pilkington holds a B.S. in Management Information Systems from Bryant University and is the recipient of several industry awards, including the Massachusetts Technology Leadership Council 2008 "CXO of the Year."
ABOUT DATAWATCH CORPORATION
Datawatch Corporation (NASDAQ-CM: DWCH) is a leading global provider of report analytics technology that delivers information optimization solutions. Business leaders use Datawatch products and services to access, manage, analyze and act upon 100% of their enterprise information – regardless of data type, format, source or environment. With Datawatch's information optimization platform, organizations can access structured data, semi-structured data and unstructured data, and link these datasets with Big Data applications for a complete analytic system to improve decision-making and accelerate action – at a fraction of the cost and time of traditional approaches. The company's market-leading technology is used by more than 40,000 organizations worldwide, including 99 of the Fortune 100. Datawatch is headquartered in Chelmsford, Massachusetts with offices in London, Munich, Singapore, Sydney and Manila, with partners and customers in more than 100 countries worldwide. For more information, visit www.datawatch.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; 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; 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, 2011 and Form 10-Q for the quarters ended December 31, 2011, March 31, 2012 and June 30, 2012. Any forward-looking statements should be considered in light of those factors.
Datawatch Investor Relations
Phone: (978) 441-2200 ext. 8323
SOURCE Datawatch Corporation