BEDFORD, Mass., Nov. 01, 2017 (GLOBE
NEWSWIRE) -- Datawatch Corporation (NASDAQ-CM: DWCH)
today announced the latest version of Datawatch Monarch Swarm,
the industry's first team-driven, enterprise data preparation and
socialization platform designed to speed collaboration and uphold
governance practices. A centralized, cloud-ready solution, Monarch
Swarm allows teams to create, find, access, validate and share
governed, trustworthy data sets and models for true enterprise
collaboration and faster, more strategic decision-making.
Monarch Swarm applies the fundamental concepts of
self-service data preparation, collaboration and socialization
while supporting governance and cataloging. The platform's key
features include:
- Cloud-ready
Data Preparation - Provides robust data preparation
for the masses - anytime, anywhere - including automated and
scheduled data extraction, cleansing, blending, transformation,
enrichment and exports.
- Data
Marketplace - Enables users to search and browse
secure and governed cataloged data, metadata and data preparation
models indexed by user, type, application and unique data
values.
- Data
Socialization - Promotes the socialization and reuse
of models, curated data and analytics outcomes, and includes social
features, such as user ratings, comments and popularity, to help
users make better decisions about which data to leverage for
analysis. Users can also like, follow and subscribe to colleagues
to learn how they are using and rating data for preparation and
analysis.
- Machine
Learning - Facilitates data discovery with "smart
recommendations." Machine learning technology identifies patterns
of use and success, performs data quality scoring, suggests
relevant sources, and automatically recommends likely data
preparation actions based on user persona.
- Data
Collaboration - Drives awareness of what data and
assets are being created and by whom; enables creators to know how
people are using their models; and allows administrators to see who
is contributing and making an impact.
- Trusted
Data - Identifies sanctioned, curated data sets,
ensuring analysis is fueled with secure, governed, quality data,
sourced by experts.
- Data
Governance - Applies governance features, including
data masking, data retention, data lineage and role-based
permissions, to uphold corporate and regulatory compliance, and
enhance trust in data, analytics processes and results.
- Gamification
and Visibility - Includes ranking contributions,
social scoring and gamification to drive participation and
contribution.
"As a Monarch user, we're already benefitting from
advanced self-service data preparation functionality, and our data
analysis, reconciliation and reporting processes can now be done in
the matter of minutes," said Tracy Hojka, manager of operations,
Whitnell & Co. "Monarch Swarm will take our productivity to a
whole new level by enabling employees to repeat, reuse and share
data sets and models across teams, and better collaborate on data
and analytics outcomes. This collective knowledge will lead to
timely and more strategic business decisions."
Self-service Analytics
Explosion Creates Market Opportunity for Monarch
Swarm
With the self-service analytics explosion, businesses were supposed
to become more agile, analytical and confident in their decisions.
Instead, worker autonomy has caused the data landscape in many
companies to become like the "Wild West." IT has lost control over
data usage, analysts are working in silos, and there is a profound
mistrust of data and analytics outcomes. Datawatch Monarch Swarm
combines the ease-of-use and robust data preparation technology
that the Monarch Complete self-service product is known
for with added collaboration, socialization and governance
features. With this new approach to business analytics,
organizations can achieve the perfect balance between the agility
and teamwork end users demand and the data control needs of IT.
"The explosive use of data across the business has
elevated the importance of having it readily available for any
operational or analytical needs. But, the seismic shift is not
about one individual's needs; rather, it's about the requirements
of the entire business," said Mark Smith, CEO and chief research
officer at Ventana Research. "The need to collaborate and work
together across the business - and securely with IT - has driven
organizations to look for more than just self-service data
preparation. They now seek technology that works across the entire
enterprise. Datawatch Monarch Swarm is designed to meet this need.
It provides reliable and adaptable data preparation that can be
secured and governed, and, most importantly, it takes a productive
and collaborative approach to utilize data anywhere at any
time."
"Monarch Swarm brings analysts together to focus
on the common purpose of accessing answers - answers based in the
cross-business insights that profoundly impact operational
processes and the bottom line," said Jon Pilkington, Datawatch's
chief product officer. "It essentially redefines how businesses
approach the analytics process - moving from self-service data
preparation to team-based, enterprise data preparation. With
Monarch Swarm, organizations can achieve enterprise-wide
collaboration and a data-driven culture that results in
high-performing teams that are capable of delivering business value
that drives change."
Product
Availability
The latest version of Datawatch Monarch Swarm is generally
available. For more information, please
visit: http://www.datawatch.com/our-platform/monarch-swarm/,
or request a demo
at: http://www.datawatch.com/monarch-swarm-demo/.
About Datawatch
Corporation
Datawatch Corporation (NASDAQ-CM: DWCH) enables ordinary
users to achieve extraordinary results with their data. Only
Datawatch can unlock data from the widest variety of sources and
prepare it for use in visualization and analytics tools, or for
other business processes. When real-time visibility into
rapidly changing data is critical, Datawatch also enables users to
analyze streaming data, even in the most demanding environments,
such as capital markets. Organizations of all sizes in more than
100 countries worldwide use Datawatch products, including 93 of the
Fortune 100. The company is headquartered in Bedford,
Massachusetts, with offices in New York, London, Frankfurt,
Stockholm, Singapore and Manila. To learn more about Datawatch
or download a free version of its enterprise software, please
visit: www.datawatch.com.
Media
Contact:
Frank Moreno
Vice President Worldwide Marketing, Datawatch Corporation
frank_moreno@datawatch.com
978-275-8225
Twitter: @datawatch
© 2017 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