CHELMSFORD, Mass. and
BOSTON, April 29, 2013 /PRNewswire/ -- Datawatch
Corporation (NASDAQ-CM: DWCH), the leading global provider of
information optimization solutions, and Lavastorm Analytics, a
global analytics software company, today announced a strategic
alliance to provide customers the ability to expand their use of
unstructured and semi-structured data sources when developing
analytic applications. By combining Datawatch's Information
Optimization Platform with the Lavastorm Analytics Engine,
Lavastorm's powerful, visual and versatile analytic development
environment, customers will be able to build analytical
applications faster and with greater data variety in areas such as
machine data analytics for IT operations, billing verification and
accuracy for communications service providers, electronic data
interchange analytics for healthcare and a wide variety of other
vertical and horizontal solutions.
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In Lavastorm's recent survey of more than 600 data analytics
professionals, Big Data was identified as one of the top two areas
driving increased investment in analytics in 2013 while greater use
of unstructured data was cited as one of the most important
developments expected. The Datawatch – Lavastorm partnership
enables organizations to solve these Big Data and unstructured data
problems with the combined power to manage volume and complexity
issues using Lavastorm's agile data analytics engine and the
flexibility to handle a wide variety of content sources and formats
through Datawatch's information optimization technology.
"Leveraging the growing variety of business data sources and
types is critical for any successful analytics program," said
Drew Rockwell, CEO, Lavastorm.
"There is great value in data outside the data warehouse, including
unstructured and semi-structured documents and files, which can be
critical to root cause analysis and optimizing many business
processes. Through our partnership with Datawatch,
business analysts and their organizations have an agile way to
integrate and analyze virtually any source of information."
"Lavastorm's visual design paradigm is unique and opens up the
ability to develop complex process driven analytical applications
in a whole new way," said Michael
Morrison, President and Chief Executive Officer of
Datawatch. "We are often called upon to help develop applications
where customers are looking to enhance processes that go beyond the
capabilities of traditional business intelligence solutions.
Through this partnership we now have a powerful tool in our arsenal
to deliver these types of solutions both to our customers and as
part of our overall solutions strategy."
Datawatch and Lavastorm will support this partnership through
co-selling and joint marketing programs starting immediately.
Additionally, Datawatch has begun to evaluate incorporating
Lavastorm into its packaged solutions to provide more flexibility
to customers who wish to tune these applications once they are
deployed.
To learn more about Datawatch and its Information Optimization
Platform, visit www.datawatch.com. For more information on
the Lavastorm Analytics Platform and to try the free-for-life
version of the Lavastorm Analytics Engine, visit
http://www.lavastorm.com/resources/software-downloads-trials/.
Tags: Datawatch, Lavastorm, Analytics, Data Analytics,
Information Optimization, Big Data, Unstructured Data, Data
Management, Predictive Analytics
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.
ABOUT LAVASTORM ANALYTICS
Lavastorm Analytics is a global analytics software company that
enables a new, agile way to analyze, optimize, and control data and
business processes. The company's products provide analysts with
programming powers previously limited to IT to rapidly unify
disparate data, easily construct complex analytics, and effectively
deliver actionable insight and results. Analytics built in
Lavastorm can easily be deployed as persistent solutions and
applications, providing continuous analytic monitoring across
multiple systems and complex, data-intensive processes.
Lavastorm's solutions have identified business improvements
worth billions of dollars for some of the largest corporations in
the world. For more information, please visit:
www.lavastorm.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 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.
Investor Contact:
Datawatch Investor Relations
investor@datawatch.com
Phone: (978) 441-2200 ext. 8323
Datawatch Media Contact:
Sarah Bernardi
Datawatch Corporation
Sarah_Bernardi@datawatch.com
Phone: (978) 441-2200 ext. 8387
Twitter: @datawatch
Lavastorm Analytics Media Contact:
Stephanie Jackman
March Communications
prlavastorm@marchpr.com
+1 617-960-9882
© 2013 Datawatch Corporation. Datawatch, Monarch and their
respective logos are trademarks or registered trademarks of
Datawatch Corporation in the United
States and/or other countries. All other names are
trademarks or registered trademarks of their respective
companies.
SOURCE Datawatch Corporation