CHELMSFORD, Mass., July 29, 2014 /PRNewswire/ -- Datawatch
Corporation (NASDAQ: DWCH), a leading global provider of visual
data discovery solutions, is one of the fastest growing public
companies in Massachusetts,
according to a recent study by Boston Business
Journal. The company was ranked #32 out of the 50 fastest
growing companies listed, thanks to a robust 69 percent growth rate
in revenue since 2011.
Datawatch's momentum is the result of a strategic realignment
the company began in 2011 starting with a new management team, new
product direction, and the acquisition of the Swedish software
company, Panopticon Software AB, last year that transformed the
company into the only provider of visual data discovery against any
source and structure of data – especially the dynamic in-motion
sources so critical in today's business environment.
Datawatch's technology uniquely enables organizations to
visualize and explore both historic and real-time data
together. This powerful capability, which is rapidly changing
the face of industries such as capital markets, energy management,
government, and manufacturing, is foundational to many Big Data
applications and where Datawatch sets itself apart in the
market.
"Our company's new direction is paying big
dividends. Businesses desperately need a new kind of visually-rich,
real-time analytical environment to tackle challenges as soon as
they occur to improve competitiveness. Our growth rate shows that
our strategic shift into visual data discovery is delivering the
right capabilities to a rapidly changing Big Data analytics
market," said Ben Plummer, chief
marketing officer and senior vice president, Strategic Alliances at
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 allows 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
products, 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 next generation
analytics 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
and co-marketing arrangements, many of which were only recently
established; 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, 2013 and
quarterly report on Form 10-Q for the quarters ended December 31, 2013 and March 31, 2014. 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
© 2014 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.
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SOURCE Datawatch Corporation