CHELMSFORD, Mass., Feb. 25, 2015 /PRNewswire/ -- Datawatch
Corporation (NASDAQ-CM: DWCH), a leading global provider of visual
analytics solutions, today was positioned for the first time in
Gartner's 2015 Magic Quadrant for Business Intelligence and
Analytics Platforms.
This Magic Quadrant (MQ) helps CIOs, business and IT leaders,
who are developing BI and analytics strategies, assess whether they
have the right products and platforms to support them. The report
features the 24 software vendors using rigorous analysis backed up
by a highly structured methodology. Datawatch is the only new
vendor debuting on this Gartner MQ this year.
"We believe the Gartner placement confirms our view of a rapidly
developing market need for a platform to simplify business user
data preparation and handle larger amounts of diverse and streaming
data. This unprecedented combination of benefits is why Datawatch
is the choice of organizations large and small throughout the
world, including 93 of the Fortune 100," said Michael A. Morrison, Datawatch's president and
chief executive officer.
According to Gartner, "With the added complexities introduced by
new data sources (such as the cloud, real-time streaming events and
sensors, and multi-structured data) and new types of analysis (such
as link/network and sentiment analysis, and new algorithms for
machine learning), new challenges and opportunities will emerge to
integrate, govern and leverage these new sources to build business
value."
Datawatch's Visual Analytics platform provides the industry's
only integrated and scalable solution to encompass the complete
analytics lifecycle from acquisition, preparation, visual
discovery, automation and governance. Datawatch's
unique ability to acquire, prepare, and transform data from
structured and multi-structured sources such as PDF and log files,
as well as real-time streaming data, into visually rich analytic
applications allows users to dynamically discover key factors that
impact any operational aspect of their business.
To download the full 2015 Gartner Magic Quadrant for Business
Intelligence and Analytics Platforms report, visit
www.datawatch.com/GartnerMQ.
About the Magic Quadrant
Gartner does not endorse any
vendor, product or service depicted in its research publications,
and does not advise technology users to select only those vendors
with the highest ratings or other designation. Gartner research
publications consist of the opinions of Gartner's research
organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with
respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
Gartner, Magic Quadrant for Business Intelligence and Analytics
Platforms, Rita L. Sallam, Bill Hostmann,| Kurt
Schlegel, Joao Tapadinhas, Josh Parenteau,Thomas W.
Oestreich, 23 February 2015
About Datawatch Corporation
Datawatch Corporation
(NASDAQ-CM: DWCH) provides the only platform for visual analytics
to leverage any data at any speed – delivering valuable insights
for improving business. The unique ability to acquire,
prepare, and transform data from structured and multi-structured
sources such as PDF and log files, as well as 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 at any speed 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.
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 long sales cycle with enterprise customers and the
size and timing of large customer orders; risks associated with
acquisitions, including the acquisition and integration of
Panopticon; the risk that our goodwill resulting from acquisitions
may become impaired and require a write-down; limitations on the
effectiveness of internal controls; rapid technological change;
Datawatch's dependence on the introduction of new products and
product enhancements 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; Datawatch's concentration of
customers in the financial sector; 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, security
breach 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,
2014 and Form 10-Q for the quarter ending December 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
© 2015 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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