CHELMSFORD, Mass., Nov. 6, 2014 /PRNewswire/ -- Datawatch
Corporation (NASDAQ-CM: DWCH), a leading global provider of visual
data discovery solutions, has teamed with Xerox to help clients in
industries such as retail, healthcare, government and financial
services find cost savings and efficiencies faster with
digitalization.
Working with Datawatch, Xerox customers can automate the retail
supply chain processes between distribution centers and stores.
Using existing data feeds, Datawatch creates a totally paperless
solution, in turn removing manual, error-prone administrative
activities. Visual analytics which display complex data in a highly
graphical manner allow employees to understand the information and
take appropriate actions.
"Enterprises know the value of digitization and are looking for
ways to get there faster. Partnering with Datawatch further
strengthens our next generation managed print services offering
which is all about moving organizations closer to a more digital,
productive and paper-less work environment," said Mike Feldman,
president, Large Enterprise Operations, Xerox.
"Freeing data that resides in both paper and electronic forms
can be a make or break situation for retailers," said Michael A. Morrison, president and CEO,
Datawatch. "Building on Xerox's long-standing retail experience and
expertise, we can eliminate those barriers and help customers
connect with information and data more effectively, in real
time."
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 93 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.
About Xerox
Xerox is a global business services,
technology and document management company helping
organizations transform the way they manage their
business processes and information. Headquartered in Norwalk, Conn., we have more than 140,000
Xerox employees and do business in more than 180 countries.
Together, we provide business process
services, printing equipment, hardware and
software technology for managing information – from data to
documents. Learn more at www.xerox.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; 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
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SOURCE Datawatch Corporation