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Datawatch Corp. (DWCH) Making Sense of Big Data with Innovative Product Portfolio
Datawatch provides the only Managed Analytics Platform that brings together self-service data preparation with visual data discovery. The company’s proprietary software bridges the gap between the ease-of-use that business users demand and the scalability, automation and governance required for IT applications, giving the product extensive marketability in a collection of potentially lucrative market sectors. Because of its versatile software solutions, Datawatch is able to provide support to organizations of every size around the globe, including 93 of the Fortune 100.
In recent weeks, Datawatch has expanded upon its powerful product portfolio through the release of an updated version of its Monarch self-service data preparation solution. This update builds on the proven Monarch software, which, for more than two decades, has been the industry standard for self-service access and preparation of data locked in multi-structured sources – including PDFs, text reports and machine log files. With a host of empowering features, Monarch is designed to make unlocking and reviewing data effortless, clearing the way for better, timelier business decisions.
Last week, the company was recognized for its commitment to tackling industry challenges when it was named one of the ’20 Most Promising Healthcare Analytics Solutions Providers’ by Healthcare Tech Outlook magazine. The publication hailed Datawatch’s Managed Analytics Platform for its ability to automate processes and visualize business insights while simultaneously limiting errors, making it an ideal solution for the data-sensitive healthcare industry.
“Our Managed Analytics Platform is all about addressing challenges that [chief information officers] face in hospitals and other industries, with a keen focus on accelerating business outcomes,” Dan Potter, chief marketing officer of Datawatch, stated in a news release.
The marketability of Datawatch’s groundbreaking data solutions will likely continue to increase as businesses intensify their reliance on big data analytics, which is expected to be a $50 billion industry by 2017, according to a report by Silicon Angle. This will ensure that precise data analysis is a vital business strategy for major players in nearly every industry in the future. According to InsightSquared, if the median Fortune 1000 business were to increase the usability of its data by just ten percent, its revenue would be expected to increase by more than $2 billion. As the industry-leading provider of optimized data discovery, Datawatch is in a strong position to capitalize on these statistics in the years to come.
For prospective investors, Datawatch represents an opportunity to invest in the past, present and future of data analytics. Look for the company to leverage its current market position in order to promote sustainable returns moving forward.
For more information, visit www.datawatch.com
