Datawatch Corporation

Datawatch Corporation
Public
Traded as NASDAQ, DWCH
Industry Computer software
Founded Chelmsford, Massachusetts (1985)
Headquarters Bedford, United States
Number of locations
7 (New York, London, Munich, Stockholm, Singapore, Sydney, Manila)
Area served
North America, Europe, Middle East, Asia South America, South Africa, Australia
Products Datawatch Desktop, Datawatch Server, Datawatch Modeler (formerly Datawatch Monarch), and Datawatch Report Mining Server
Number of employees
190+ (June 2014)
Website Datawatch.com

Datawatch Corporation is an American software company that manufactures and sells a managed analytics platform that allows business users to prepare their data and to create interactive data visualizations. The company has a focus on data preparation, business intelligence, and visual data discovery.[1]

Datawatch Corporation is engaged in the design, development, manufacture, marketing, and support of business computer software primarily for the operational reporting and data analysis, data integration, enterprise content management and business service management markets.

History

Datawatch began as a Business Intelligence (BI) tool, which is defined as the gathering, analysis and dissemination of information in the proper format for accurate and timely decision making.

1985-1991: Datawatch established as a private company.

In the beginning, Datawatch designed, manufactured, and marketed computer workstations and peripherals that conformed to the U.S. government’s TEMPEST security standard for processing classified information. This security standard was designed to prevent unauthorized access to information in computing devices by limiting their electrical emissions.

1991: Datawatch acquired Personics Corporation, a producer of network data access and translation software and video enhancement software. Personics’ principal product was Monarch, a software program that provided data access, translation, and reporting capabilities to users of networked PCs. Datawatch announced Monarch V1.0.

1992: Datawatch went public with an IPO.[2]

2013: Datawatch acquired Panopticon Software AB, a Swedish software company whose primary product was Panopticon Designer, a visual data discovery application that can create visualizations of streaming real-time data.[3]

Technology Overview

Datawatch's technology relies on in-memory OLAP (Online Analytical Processing) cubes, which are displayed through a series of visualizations including treemaps. This allows the user to load data, select variables and hierarchical structures, and navigate through the resultant visualization, filtering, zooming and drilling (sometimes called slicing and dicing), to identify outliers, correlations and trends.

Its streaming OLAP implementation takes an in-memory OLAP cube and allows data to be streamed through it. This combination makes the company's products attractive to industry verticals that require live streaming data, such as financial market data, utility grid monitoring and telecommunications network traffic analysis. This is very different than the vast majority of OLAP implementations in which cubes are rebuilt periodically for new batches of data.[4]

This support for streaming data with its products has allowed financial institutions such as JPMorgan Chase, Citigroup, Citadel , and BlackRock to implement the Datawatch software within their real-time trading and risk applications. Euromoney has stated that it provides the trader community with a way of quickly digesting information.[5]

Products

Datawatch offers three main products: Datawatch Designer, Datawatch Server and Monarch.[6]

Joint Ventures

December, 2013: Xerox Canada and Datawatch partner to unlock value of data for retail chains, other large enterprises.[7]

February, 2014: Datawatch announced a Global Strategic Alliance with MarkLogic.[8]

February, 2014: Datawatch announced a partnership with Monarch Experts, the leading specialist consultancy in London. Monarch Experts will help existing Datawatch customers transition to the new Visual Data Discovery platform.[9]

March, 2014: Datawatch named Carahsoft Technology as its Master Government Aggregator. Carahsoft, a government IT solutions provider, is now marketing and selling Datawatch’s solutions to the public sector.[10] March, 2014 - Datawatch announced its global partnership with OSIsoft and the release of its real-time data connector to the OSIsoft PI System.

April, 2014: Datawatch integrated its software with Cloudant's NoSQL database-as-a-service DBaaS.[11]

May, 2014:

June 2014:

External links

References

  1. Datawatch Corporation, Yahoo Finance
  2. Bloomberg Business Week, Datawatch Corporation
  3. Datawatch Acquires Panopticon, Waters Technology
  4. Be Your Own Rocket Scientist
  5. Wall Street & Technology, "Datawatch Upgrade to Ease Fraud Investigations, Expert Says"
  6. Yahoo Finance, "Datawatch Announces Release Of Fully Integrated Datawatch Desktop"
  7. Yahoo Finance, "Xerox Canada and Datawatch partner to unlock value of data for retail chains, other large enterprise", 12/3/2013.
  8. Yahoo Finance, "Datawatch and MarkLogic Announce a Global Strategic Alliance to Deliver Next Generaton Visualization Solutions for Big Data Environments", 2/19/2014
  9. PR Newswire, "Datawatch and Monarch Experts Announce Partnership ", 2/21/2014.
  10. MarketWatch, "Datawatch Names Carahsoft Master Government Aggregator", 3/3/2014.
  11. Yahoo Finance, "Datawatch Delivers Visual Data Discovery to NoSQL Cloud DBaaS", 4/22/2014
  12. Yahoo Finance, "Datawatch Announces Global Relationship with Informatica", 5/8/2014.
  13. Yahoo Finance, "Datawatch to Demonstrate Support for Latest IBM® Cognos® TM1 at Visions 2014 Conference", 5/8/2014.
  14. Yahoo Finance, "Datawatch Announces Global Strategic Alliance with Perceptive To Enhance Analytics for Content Management Solution", 5/9/2014.
  15. Yahoo Finance, "Datawatch Announces Partnership with MDS Tech Inc.", 5/21/2014.
  16. Reuters, "Datawatch Joins Industrial Internet Consortium", 5/28/2014.
  17. Yahoo Finance, "Kx Systems Signs OEM Agreement with Datawatch", 5/29/2014.
  18. Nasdaq, "NASDAQ OMX Launches MiQ, a New Business Intelligence Product for Global Capital Market Operators", 5/20/2014.
  19. Yahoo Finance, "Datawatch and Quant5 Team to Bring Predictive Analytics to Real-time Visual Data Discovery", 6/17/2014.
  20. Yahoo Finance, "Datawatch Brings Real-Time Visual Data Discovery to Cloudera Enterprise 5", 6/18/2014.
  21. Yahoo Finance, "Datawatch Announces Latest Solution Offering Developed in Partnership with First Florida Credit Union," 6/23/2014.
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