CHELMSFORD, Mass., Sept. 24, 2014 /PRNewswire/ -- Datawatch
Corporation (NASDAQ-CM: DWCH), a leading global provider of visual
data discovery solutions, announced today that Pedro Vascones, staff engineer for Intel
worldwide has been awarded the 2014 Ventana Research Business
Technology Leadership Award in the Information Technology
Innovation category. Vascones won the award for his use of
Datawatch to transform analysis and communication of data being
collected in factory operations.
Using Datawatch Desktop, Intel is able to conduct predictive
maintenance and machine performance by analyzing the massive
amounts of data generated by their automation monitoring system.
Prior to adopting Datawatch for visual data discovery and analysis,
Intel relied on spreadsheets and specialist experts to collect and
analyze production data.
The spreadsheet-based system for analysis relied on complex
techniques to interpret the data and a time consuming, manual
approach to examining the large volumes of spreadsheet reports
generated. With Datawatch, data and spreadsheet expertise that was
previously required isn't needed in order to do in-depth analysis.
Intel now has educated experts in their field who can also be
experts in visualizing and analyzing the data behind the story.
"Congratulations to Intel and Datawatch for their Technology
Leadership Award in category of IT Analytics," said Mark Smith, chief executive officer and chief
research officer, Ventana Research. "Datawatch's ability to provide
an analytic discovery and exploration environment has helped Intel
optimize use of information efficiently, including the use of
machine data for guiding effective actions and decisions."
This year's winners will receive their awards during the
Technology Leadership Awards Ceremony at The 2014 Ventana Research
Summit on Oct. 22, 2014 at the Hyatt
Regency San Francisco Airport in Burlingame, California.
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/free-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 Forms
10-Q for the quarters ended December 31,
2013, March 31, 2014 and
June 30, 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