CHELMSFORD, Mass., Oct. 23, 2013 /PRNewswire/ -- Datawatch
Corporation (NASDAQ-CM: DWCH), the leading global provider of
visual data discovery solutions, today announced an OEM partnership
with Semantic Visions to deliver real-time predictive analysis and
visualization of supply chain disruptions on the SAP HANA
platform. Under the terms of the OEM agreement, Semantic
Visions will embed Datawatch's visualization capabilities into its
Vega product to provide large manufacturers with the real-time
visibility needed to effectively run their business.
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"With our Datawatch partnership, we now offer the best data
visualization software available for real-time predictive analysis
of supply chain disruptions," said Frantisek Vrabel, chief executive officer for
Semantic Visions. "Big Data and the accelerating pace of
business are placing a premium on the ability to easily access and
visually explore vast amounts of supply chain information at any
speed, especially real-time. As a Big Data solution based on the
SAP HANA platform, we needed a next-generation analytic solution
that could visualize vast amounts of information in real-time and
Datawatch was the only product that could meet these
requirements."
Using a proprietary semantic web mining system, Semantic
Visions' Vega automatically "reads" one million articles in 11
languages from 160,000 news sources to identify and predict
potential supply chain disruptions caused by any number of possible
sources including: natural disasters, industrial accidents, war,
terror, social unrest, labor disputes, crime, legal actions and
other threats. The Datawatch powered user interface with advanced
real-time visualizations displays the complex results in an
uncluttered and intuitive manner to empower better business
decisions.
"To stay competitive, manufacturers need to harness and
visualize all of the relevant information to run their business
regardless of its type, its size or the speed in which it's
delivered," said Ben Plummer, chief
marketing officer and senior vice president of Strategic Alliances
for Datawatch. "Semantic Visions' Vega is an excellent
example of an emerging groundbreaking analytic application that
combines the in-memory performance of SAP HANA with real-time
visual data discovery from Datawatch."
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 allow 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,
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.
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 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 and
operations; risks associated with indirect distribution channels;
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, 2012, Form 10-Q for the quarters
ended December 31, 2012, March 31, 2013 and June
30, 2013, and Definitive Proxy Statement on Schedule 14A
filed with the SEC on August 5,
2013. 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
Media Contact:
Sarah
Bernardi
Datawatch Corporation
Sarah_Bernardi@datawatch.com
Phone: (978) 441-2200 ext. 8387
Twitter: @datawatch
© 2013 Datawatch Corporation. Datawatch and the Datawatch logo
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