Datawatch Corporation, a leading provider of visual data discovery solutions, announced today that at the upcoming 2014 Gartner Business Intelligence and Analytics Summit in Las Vegas, Jon Pilkington, vice president of products for Datawatch Corporation will lay out a future vision of agile business intelligence that lets users visually explore and analyze both streaming and historic data sources in real time.
Datawatch believes active data exploration and discovery is rapidly becoming the preferred way organizations are gleaning valuable insight from their growing volumes of data. In his session on March 31st, Pilkington will explain to attendees how this interactive, visual approach to data discovery and business intelligence can now be extended to, and melded with, truly real time sources of streaming data as well as historic data sources and why this capability is becoming vital to decision making.
According to Gartner's analysis1,“By 2017, over 50 percent of analytics implementations will make use of event data streams generated from instrumented machines, applications and/or individuals.” We believe Datawatch is at the forefront of this market shift to high velocity streaming data and we believe that Gartner’s advice to BI vendors is foretelling. “BI vendor management must work to create next-generation capabilities beyond user-directed query and reporting, enabling more autonomous expression of insights from high-velocity data streams.”
“To date, business intelligence and analytics have been fairly static and wholly focused on the past,” said Pilkington. ”It's becoming increasingly important that organizations understand how they can gain valuable insights by bringing the present into view by tapping streaming data sources.”
Uniquely able to visualize streaming data in flight for interactive analysis, Datawatch is embedded and resold as part of streaming solutions from Tibco and SAP. Datawatch's advanced visual data discovery capabilities also support streaming solutions from vendors such as IBM, Amazon, Informatica, PivotalApache, Kx Systems and EsperTech.
By supporting leading streaming solutions, Datawatch gives users the ability to put a finger on important data pulse points in the organization and quickly start asking questions that can uncover hidden patterns, spot problems and identify missed opportunities, all without programming or scripting.
In addition, Datawatch lets users easily combine real-time data with historical data, both structured and unstructured, to get a full understanding and make better, faster decisions.
The 2014 Gartner Business Intelligence and Analytics Summit, Datawatch will be held March 31 through April 2 at the Venetian Resort Hotel and Casino in Las Vegas. Datawatch is a platinum level sponsor of this year's event and will be highlighting its integrated suite of visual data discovery offerings in the event's Solution Showcase, as well as in its booth #117 at the show.
1 Predicts 2014: Business Intelligence and Analytics Will Remain CIO's Top Technology Priority 25 November 2013, W. Roy Schulte et al.
About Datawatch Corporation
Datawatch Corporation (datawatch.com) 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.
About Gartner Business Intelligence & Analytics Summit
The 2014 Gartner Business Intelligence & Analytics Summit (gartner.com) provides actionable insight on big data, leadership and building business cases for analytics. Built around the theme,"The Future of Your Business: Transparent, Decisive, Personalized," the summit will present information on how big data and advanced analytics are being applied to make business models more transparent, decisive and personalized.
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 Form 10-Q for the quarter ended December 31, 2013. Any forward-looking statements should be considered in light of those factors.
Investor Contact: Datawatch Investor Relations
E: investor[.]datawatch.com - P: 978-441-2200 x8323
On-Site Show Contact:
Dan Potter - Vice President, Product Marketing
E: Dan_Potter[.]datawatch.com - P: 978-275-8386 / M: 603-247-0176
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